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Ernst Russ AG (XTER:HXCK) Cyclically Adjusted Price-to-FCF : (As of May. 17, 2024)


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What is Ernst Russ AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ernst Russ AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ernst Russ 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.

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Ernst Russ AG Cyclically Adjusted Price-to-FCF Chart

Ernst Russ AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Ernst Russ AG Quarterly Data
Jun18 Dec18 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Ernst Russ AG's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, Ernst Russ 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.


Ernst Russ AG's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ernst Russ AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ernst Russ 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.

Ernst Russ AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ernst Russ AG's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/123.7729*123.7729
=0.000

Current CPI (Dec. 2023) = 123.7729.

Ernst Russ AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201006 -0.079 93.199 -0.105
201009 -0.040 93.385 -0.053
201012 -0.023 94.132 -0.030
201103 -0.084 95.065 -0.109
201106 -0.103 95.158 -0.134
201109 -0.027 95.624 -0.035
201112 -0.015 95.998 -0.019
201203 -0.127 97.117 -0.162
201206 -0.002 96.744 -0.003
201212 0.000 97.957 0.000
201306 0.000 98.516 0.000
201312 0.000 99.356 0.000
201406 0.000 99.543 0.000
201412 0.000 99.543 0.000
201506 0.000 100.417 0.000
201512 0.000 99.717 0.000
201606 0.000 100.717 0.000
201612 0.000 101.217 0.000
201706 0.000 102.117 0.000
201712 0.000 102.617 0.000
201806 0.000 104.017 0.000
201812 0.000 104.217 0.000
201906 0.000 105.718 0.000
201909 0.000 106.018 0.000
201912 0.000 105.818 0.000
202006 0.000 106.618 0.000
202009 0.000 105.818 0.000
202012 0.000 105.518 0.000
202103 0.000 107.518 0.000
202106 0.000 108.486 0.000
202109 0.000 109.435 0.000
202112 0.000 110.384 0.000
202203 0.000 113.968 0.000
202206 0.000 115.760 0.000
202209 0.000 118.818 0.000
202212 0.000 119.345 0.000
202303 0.000 122.402 0.000
202306 0.000 123.140 0.000
202309 0.000 124.195 0.000
202312 0.000 123.773 0.000

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.


Ernst Russ AG  (XTER:HXCK) 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.


Ernst Russ AG Cyclically Adjusted Price-to-FCF Related Terms

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Ernst Russ AG (XTER:HXCK) Business Description

Industry
Traded in Other Exchanges
Address
Elbchaussee 370, Hamburg, DEU, Elbchaussee 370
Ernst Russ AG is a principal investment firm specializing in fund of fund investments. It operates in the Shipping and Alternative Investment segment. Within the Shipping segment, it focuses on structuring and asset management of investment vehicles for ships on its own behalf and on behalf of third parties. The Asset Classes , life insurance , secondary market and aircraft are managed in the Alternative Investments segment. The firm's majority of revenue comes from Germany through the shipping segment.
Executives
Robert Lorenz-meyer Supervisory Board
Robert Gärtner Board of Directors
Ingo Kuhlmann Supervisory Board
Alexander Stuhlmann Supervisory Board

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