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Krones AG (XSWX:KRN) Cyclically Adjusted Price-to-FCF : (As of Jun. 16, 2024)


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What is Krones AG Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Krones AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Krones AG's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Krones AG Cyclically Adjusted Price-to-FCF Chart

Krones AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.05 44.23 37.02 27.28 30.49

Krones AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.73 29.70 26.70 30.49 27.80

Competitive Comparison of Krones AG's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Krones AG's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Krones AG's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Krones AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Krones AG's Cyclically Adjusted Price-to-FCF falls into.



Krones AG Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Krones AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Krones AG's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.316/125.0381*125.0381
=5.316

Current CPI (Mar. 2024) = 125.0381.

Krones AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.903 99.543 1.134
201409 1.784 99.823 2.235
201412 4.719 99.543 5.928
201503 -1.759 99.717 -2.206
201506 1.526 100.417 1.900
201509 -0.948 100.417 -1.180
201512 3.654 99.717 4.582
201603 -4.045 100.017 -5.057
201606 -1.374 100.717 -1.706
201609 -0.383 101.017 -0.474
201612 8.516 101.217 10.520
201703 -2.775 101.417 -3.421
201706 -1.700 102.117 -2.082
201709 -3.050 102.717 -3.713
201712 2.793 102.617 3.403
201803 -0.428 102.917 -0.520
201806 -1.499 104.017 -1.802
201809 -3.144 104.718 -3.754
201812 9.809 104.217 11.769
201903 -4.886 104.217 -5.862
201906 -3.258 105.718 -3.853
201909 -1.081 106.018 -1.275
201912 6.390 105.818 7.551
202003 -0.604 105.718 -0.714
202006 -1.702 106.618 -1.996
202009 0.327 105.818 0.386
202012 9.804 105.518 11.618
202103 0.939 107.518 1.092
202106 0.003 108.486 0.003
202109 2.821 109.435 3.223
202112 4.018 110.384 4.551
202203 2.440 113.968 2.677
202206 -0.967 115.760 -1.045
202209 1.760 118.818 1.852
202212 8.038 119.345 8.421
202303 -0.674 122.402 -0.689
202306 -3.782 123.140 -3.840
202309 -1.492 124.195 -1.502
202312 5.017 123.773 5.068
202403 5.316 125.038 5.316

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Krones AG  (XSWX:KRN) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Krones AG Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Krones AG's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Krones AG (XSWX:KRN) Business Description

Industry
Address
Bohmerwaldstrasse 5, Neutraubling, BY, DEU, 93073
Krones AG offers machinery and systems for filling, packaging, and producing beverages. Part of its product portfolio is information technology and planning associated with logistics and production lines. In addition to packaging, the company has cellar systems to treat and store sensitive beverages. Krones has two reportable segments: product filling and decoration, which is the highest revenue segment, and machines and lines for beverage production and process technology segment. Its customer base includes companies in the beverage, food, chemical, pharmaceutical, and cosmetic industries, but beverage companies account the Krones' revenue. While the company has a presence, Germany remains the central location for the development of machines, lines, and services.

Krones AG (XSWX:KRN) Headlines

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