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Porsche Automobil Holding SE (Porsche Automobil Holding SE) Cyclically Adjusted FCF per Share : $4.26 (As of Dec. 2023)


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What is Porsche Automobil Holding SE Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Porsche Automobil Holding SE's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.641. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $4.26 for the trailing ten years ended in Dec. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-05-15), Porsche Automobil Holding SE's current stock price is $54.0543. Porsche Automobil Holding SE's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.26. Porsche Automobil Holding SE's Cyclically Adjusted Price-to-FCF of today is 12.69.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Porsche Automobil Holding SE was 24.31. The lowest was 10.51. And the median was 12.59.


Porsche Automobil Holding SE Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Porsche Automobil Holding SE's Cyclically Adjusted FCF per Share 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.

Porsche Automobil Holding SE Cyclically Adjusted FCF per Share Chart

Porsche Automobil Holding SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.26

Porsche Automobil Holding SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 - 2.57 4.34 4.30 4.26

Competitive Comparison of Porsche Automobil Holding SE's Cyclically Adjusted FCF per Share

For the Auto Manufacturers subindustry, Porsche Automobil Holding 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.


Porsche Automobil Holding SE's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Porsche Automobil Holding SE's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Porsche Automobil Holding SE Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Porsche Automobil Holding SE'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)
=0.641/123.6675*123.6675
=0.641

Current CPI (Dec. 2023) = 123.6675.

Porsche Automobil Holding SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200901 0.000 91.706 0.000
200907 0.000 92.359 0.000
201001 0.000 92.359 0.000
201006 0.000 93.199 0.000
201106 0.000 95.158 0.000
201112 0.000 95.998 0.000
201206 0.000 96.744 0.000
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
201903 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
202003 0.000 105.718 0.000
202006 0.000 106.618 0.000
202009 0.000 105.818 0.000
202012 0.000 105.518 0.000
202103 -0.012 107.518 -0.014
202106 -0.043 108.486 -0.049
202109 2.881 109.435 3.256
202112 -0.011 110.384 -0.012
202203 -0.040 113.968 -0.043
202206 3.000 115.760 3.205
202209 -0.055 118.818 -0.057
202212 -0.173 119.345 -0.179
202303 -0.112 122.402 -0.113
202306 4.988 123.140 5.009
202309 1.098 124.195 1.093
202312 0.641 123.668 0.641

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


Porsche Automobil Holding SE  (OTCPK:POAHF) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Porsche Automobil Holding SE's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=54.0543/4.26
=12.69

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Porsche Automobil Holding SE was 24.31. The lowest was 10.51. And the median was 12.59.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Porsche Automobil Holding SE Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Porsche Automobil Holding SE's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Porsche Automobil Holding SE (Porsche Automobil Holding SE) Business Description

Address
Porscheplatz 1, Stuttgart, BW, DEU, 70435
Porsche Automobil Holding SE is an automotive holdings company. The company's core investment is a controlling stake in Volkswagen AG. Through this stake, Porsche SE has an interest in passenger and luxury car manufacturers which include Volkswagen, Audi, SEAT, SKODA, Bentley, Bugatti, Lamborghini, and Porsche; motorcycles under the Ducati brand name; and commercial vehicles under Volkswagen Commercial Vehicles, Scania, and MAN. In addition to the automobile manufacturers, this core investment provides Porsche Automobil exposure to the Volkswagen Financial Services financing business. Porsche SE also has a minority stake in technology company INRIX, a company that provides connected-car services and real-time traffic information.

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