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voestalpine AG (XTER:VAS) Cyclically Adjusted Price-to-FCF : 9.81 (As of Jun. 05, 2025)


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

As of today (2025-06-05), voestalpine AG's current share price is €23.14. voestalpine AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €2.36. voestalpine AG's Cyclically Adjusted Price-to-FCF for today is 9.81.

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

XTER:VAS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.31   Med: 10.85   Max: 20.51
Current: 9.74

During the past years, voestalpine AG's highest Cyclically Adjusted Price-to-FCF was 20.51. The lowest was 5.31. And the median was 10.85.

XTER:VAS's Cyclically Adjusted Price-to-FCF is ranked worse than
50.42% of 238 companies
in the Steel industry
Industry Median: 10.49 vs XTER:VAS: 9.74

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.

voestalpine AG's adjusted free cash flow per share data for the three months ended in Mar. 2025 was €2.141. 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 €2.36 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


voestalpine AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for voestalpine 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.

voestalpine AG Cyclically Adjusted Price-to-FCF Chart

voestalpine AG Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.86 10.25 16.23 11.94 9.49

voestalpine AG Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 11.94 11.60 11.50 8.35 9.49

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

For the Steel subindustry, voestalpine 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.


voestalpine AG's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

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

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


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voestalpine 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.

voestalpine AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=23.14/2.36
=9.81

* 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.

voestalpine AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, voestalpine AG's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.141/137.6516*137.6516
=2.141

Current CPI (Mar. 2025) = 137.6516.

voestalpine AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.762 100.492 -1.044
201509 -0.062 100.292 -0.085
201512 -0.029 100.692 -0.040
201603 0.842 100.692 1.151
201606 -0.467 101.092 -0.636
201609 0.096 101.192 0.131
201612 -0.664 102.092 -0.895
201703 1.503 102.592 2.017
201706 -1.122 102.991 -1.500
201709 1.071 103.591 1.423
201712 -0.032 104.291 -0.042
201803 2.040 104.491 2.687
201806 -1.711 105.091 -2.241
201809 -0.175 105.691 -0.228
201812 -0.799 106.291 -1.035
201903 3.335 106.391 4.315
201906 -1.902 106.791 -2.452
201909 0.768 106.991 0.988
201912 -0.231 108.091 -0.294
202003 4.382 108.024 5.584
202006 -1.126 107.915 -1.436
202009 2.634 108.348 3.346
202012 1.730 109.321 2.178
202103 2.544 110.186 3.178
202106 0.706 110.943 0.876
202109 -0.077 111.916 -0.095
202112 -0.843 113.971 -1.018
202203 3.504 117.647 4.100
202206 -4.057 120.567 -4.632
202209 0.433 123.811 0.481
202212 -1.156 125.541 -1.268
202303 5.834 128.460 6.251
202306 -1.441 130.191 -1.524
202309 0.950 131.272 0.996
202312 0.234 132.570 0.243
202403 2.388 133.759 2.457
202406 -0.089 134.083 -0.091
202409 -0.869 133.651 -0.895
202412 0.602 135.273 0.613
202503 2.141 137.652 2.141

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.


voestalpine AG  (XTER:VAS) 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.


voestalpine AG Cyclically Adjusted Price-to-FCF Related Terms

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


voestalpine AG Business Description

Industry
Address
Voestalpine-Strasse 1, Linz, AUT, 4020
voestalpine AG is engaged in the manufacturing, processing and development of steel products. The company is divided into four divisions. The Steel Division is involved in the production of steel products and the casting of large turbines. The High-Performance metals Division provides metals for the automotive, consumer goods, power generation, energy and aviation sectors. The Metal Engineering division produces rails, turnout systems, track-based monitoring systems, specially treated wire and others. The Metal Forming Division provides customized special and precision sections, as well as solutions for systems in the construction, cab construction for commercial vehicles, and aviation sectors; and and Holding & Group Services. The company generates its revenue from the European Union.

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