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K+S AG (XTER:SDF) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is K+S AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


K+S AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for K+S 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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K+S AG Cyclically Adjusted Price-to-FCF Chart

K+S AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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K+S AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of K+S AG's Cyclically Adjusted Price-to-FCF

For the Agricultural Inputs subindustry, K+S 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.


K+S AG's Cyclically Adjusted Price-to-FCF Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, K+S AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



K+S 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.

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

For example, K+S 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)
=0.611/125.0381*125.0381
=0.611

Current CPI (Mar. 2024) = 125.0381.

K+S AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.264 99.543 -0.332
201409 -0.929 99.823 -1.164
201412 -1.491 99.543 -1.873
201503 0.505 99.717 0.633
201506 -1.036 100.417 -1.290
201509 -0.896 100.417 -1.116
201512 -1.949 99.717 -2.444
201603 0.261 100.017 0.326
201606 -1.171 100.717 -1.454
201609 -1.402 101.017 -1.735
201612 -1.692 101.217 -2.090
201703 0.285 101.417 0.351
201706 -0.399 102.117 -0.489
201709 -1.128 102.717 -1.373
201712 -1.099 102.617 -1.339
201803 0.748 102.917 0.909
201806 -0.263 104.017 -0.316
201809 -0.786 104.718 -0.939
201812 -0.775 104.217 -0.930
201903 1.181 104.217 1.417
201906 0.544 105.718 0.643
201909 -0.692 106.018 -0.816
201912 -0.334 105.818 -0.395
202003 0.761 105.718 0.900
202006 -0.238 106.618 -0.279
202009 -0.631 105.818 -0.746
202012 -0.457 105.518 -0.542
202103 0.182 107.518 0.212
202106 -0.794 108.486 -0.915
202109 -0.364 109.435 -0.416
202112 0.810 110.384 0.918
202203 0.532 113.968 0.584
202206 0.687 115.760 0.742
202209 3.024 118.818 3.182
202212 0.551 119.345 0.577
202303 0.571 122.402 0.583
202306 0.833 123.140 0.846
202309 0.357 124.195 0.359
202312 0.023 123.773 0.023
202403 0.611 125.038 0.611

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.


K+S AG  (XTER:SDF) 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.


K+S AG Cyclically Adjusted Price-to-FCF Related Terms

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K+S AG (XTER:SDF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » K+S AG (XTER:SDF) » Definitions » Cyclically Adjusted Price-to-FCF
Address
Bertha-von-Suttner-Strasse 7, Kassel, DEU, 34131
K+S AG produces two primary products: fertilizer and salt. The company extracts potash and magnesium primarily in Germany, but it's also ramping up potash production at its new low-cost Bethune mine in Saskatchewan that will eventually produce roughly a third of total potash.
Executives
Dr. Carin-martina Tröltzsch Board of Directors
Holger Riemensperger Board of Directors
Thorsten Boeckers Board of Directors

K+S AG (XTER:SDF) Headlines

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