GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Akzo Nobel NV (OTCPK:AKZOY) » Definitions » Cyclically Adjusted Price-to-FCF

Akzo Nobel NV (Akzo Nobel NV) Cyclically Adjusted Price-to-FCF : 31.29 (As of May. 15, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Akzo Nobel NV Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Akzo Nobel NV's current share price is $23.78. Akzo Nobel NV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.76. Akzo Nobel NV's Cyclically Adjusted Price-to-FCF for today is 31.29.

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

AKZOY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.89   Med: 110.55   Max: 365.52
Current: 30.58

During the past years, Akzo Nobel NV's highest Cyclically Adjusted Price-to-FCF was 365.52. The lowest was 29.89. And the median was 110.55.

AKZOY's Cyclically Adjusted Price-to-FCF is ranked worse than
56.67% of 577 companies
in the Chemicals industry
Industry Median: 25.6 vs AKZOY: 30.58

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.

Akzo Nobel NV's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.448. 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 $0.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Akzo Nobel NV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Akzo Nobel NV'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.

Akzo Nobel NV Cyclically Adjusted Price-to-FCF Chart

Akzo Nobel NV 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 297.22 106.81 80.21 46.20 40.79

Akzo Nobel NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 44.84 43.69 42.27 40.79 32.89

Competitive Comparison of Akzo Nobel NV's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Akzo Nobel NV'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.


Akzo Nobel NV's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Akzo Nobel NV's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Akzo Nobel NV's Cyclically Adjusted Price-to-FCF falls into.



Akzo Nobel NV 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.

Akzo Nobel NV's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=23.78/0.76
=31.29

* 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.

Akzo Nobel NV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Akzo Nobel NV'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)
=-0.448/126.4000*126.4000
=-0.448

Current CPI (Mar. 2024) = 126.4000.

Akzo Nobel NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.504 99.240 0.642
201409 0.693 99.960 0.876
201412 0.554 99.050 0.707
201503 -1.227 99.750 -1.555
201506 0.457 100.230 0.576
201509 0.712 100.500 0.895
201512 0.886 99.730 1.123
201603 -0.770 100.310 -0.970
201606 0.506 100.260 0.638
201609 0.789 100.570 0.992
201612 0.538 100.710 0.675
201703 -0.677 101.440 -0.844
201706 0.227 101.370 0.283
201709 -0.335 102.030 -0.415
201712 0.381 101.970 0.472
201803 -0.801 102.470 -0.988
201806 -0.041 103.100 -0.050
201809 0.367 103.950 0.446
201812 0.441 103.970 0.536
201903 -1.482 105.370 -1.778
201906 0.185 105.840 0.221
201909 0.467 106.700 0.553
201912 0.696 106.800 0.824
202003 -0.391 106.850 -0.463
202006 0.516 107.510 0.607
202009 0.809 107.880 0.948
202012 1.076 107.850 1.261
202103 -0.185 108.870 -0.215
202106 0.227 109.670 0.262
202109 0.469 110.790 0.535
202112 0.163 114.010 0.181
202203 -0.326 119.460 -0.345
202206 -0.238 119.050 -0.253
202209 0.102 126.890 0.102
202212 0.404 124.940 0.409
202303 -0.234 124.720 -0.237
202306 0.527 125.830 0.529
202309 0.503 127.160 0.500
202312 0.976 126.400 0.976
202403 -0.448 126.400 -0.448

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.


Akzo Nobel NV  (OTCPK:AKZOY) 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.


Akzo Nobel NV Cyclically Adjusted Price-to-FCF Related Terms

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


Akzo Nobel NV (Akzo Nobel NV) Business Description

Industry
Address
Christian Neefestraat 2, Amsterdam, NH, NLD, 1077 WW
Netherlands-based AkzoNobel is the world's third-largest paint and coatings producer. Europe is the largest market, with around 46% of sales generated in the Europe, Middle East, and Africa, or EMEA, region. Cumulatively, the Asia-Pacific and Latin American divisions have also grown quickly to more than 40% of sales. Construction-related end markets are the most important, but meaningful revenue is also generated from the industrial, consumer goods, and transportation markets.

Akzo Nobel NV (Akzo Nobel NV) Headlines