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Ringmetall SE (XTER:HP3A) Cyclically Adjusted Price-to-FCF : 9.34 (As of May. 16, 2024)


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What is Ringmetall SE Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Ringmetall SE's current share price is €3.55. Ringmetall SE's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €0.38. Ringmetall SE's Cyclically Adjusted Price-to-FCF for today is 9.34.

The historical rank and industry rank for Ringmetall SE's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XTER:HP3A' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.78   Med: 18.21   Max: 59.4
Current: 8.96

During the past 13 years, Ringmetall SE's highest Cyclically Adjusted Price-to-FCF was 59.40. The lowest was 7.78. And the median was 18.21.

XTER:HP3A's Cyclically Adjusted Price-to-FCF is ranked better than
91.2% of 1034 companies
in the Industrial Products industry
Industry Median: 33.525 vs XTER:HP3A: 8.96

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Ringmetall SE's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €0.625. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €0.38 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ringmetall SE Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ringmetall SE'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.

Ringmetall SE Cyclically Adjusted Price-to-FCF Chart

Ringmetall SE 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 15.54 11.76 17.74 13.86 8.07

Ringmetall SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 17.74 - 13.86 - 8.07

Competitive Comparison of Ringmetall SE's Cyclically Adjusted Price-to-FCF

For the Tools & Accessories subindustry, Ringmetall SE'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.


Ringmetall SE's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Ringmetall SE 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.

Ringmetall SE's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.55/0.38
=9.34

* 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.

Ringmetall SE's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Ringmetall SE's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.625/123.7729*123.7729
=0.625

Current CPI (Dec23) = 123.7729.

Ringmetall SE Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.107 99.543 0.133
201512 0.198 99.717 0.246
201612 0.245 101.217 0.300
201712 0.380 102.617 0.458
201812 0.132 104.217 0.157
201912 0.250 105.818 0.292
202012 0.362 105.518 0.425
202112 0.376 110.384 0.422
202212 0.543 119.345 0.563
202312 0.625 123.773 0.625

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.


Ringmetall SE  (XTER:HP3A) 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.


Ringmetall SE Cyclically Adjusted Price-to-FCF Related Terms

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


Ringmetall SE (XTER:HP3A) Business Description

Industry
Traded in Other Exchanges
Address
Innere Wiener Street 9, Munich, BY, DEU, 81667
Ringmetall SE is a supplier in the packaging industry with a focus on packaging elements in the field of industrial drums. Its main activities are allocated to the Industrial Packaging and Industrial Handling business units. The majority of its revenue is generated from industrial packaging segment. The products offered by the group are Clamping rings and lids, Vehicle attachment parts, and other products, of which a majority of the revenue is generated from the sales of Clamping rings and lids. The Industrial packaging segment covers the production and sale of clamping rings and the associated closures, whereas the Industrial Handling segment includes the production and marketing of vehicle attachment parts for special vehicles in logistics and warehouse logistics as well as agriculture.
Executives
Christoph Petri Board of Directors

Ringmetall SE (XTER:HP3A) Headlines

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