GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » CTS Eventim AG & Co. KGaA (OTCPK:CEVMF) » Definitions » Cyclically Adjusted Price-to-FCF

CTS Eventim AG. KGaA (CTS Eventim AG. KGaA) Cyclically Adjusted Price-to-FCF : 26.47 (As of Apr. 28, 2024)


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

What is CTS Eventim AG. KGaA Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), CTS Eventim AG. KGaA's current share price is $86.55. CTS Eventim AG. KGaA's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.27. CTS Eventim AG. KGaA's Cyclically Adjusted Price-to-FCF for today is 26.47.

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

CEVMF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.73   Med: 28.85   Max: 40.2
Current: 27.7

During the past years, CTS Eventim AG. KGaA's highest Cyclically Adjusted Price-to-FCF was 40.20. The lowest was 18.73. And the median was 28.85.

CEVMF's Cyclically Adjusted Price-to-FCF is ranked worse than
67.79% of 357 companies
in the Media - Diversified industry
Industry Median: 16.88 vs CEVMF: 27.70

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.

CTS Eventim AG. KGaA's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $6.830. 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 $3.27 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CTS Eventim AG. KGaA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CTS Eventim AG. KGaA'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.

CTS Eventim AG. KGaA Cyclically Adjusted Price-to-FCF Chart

CTS Eventim AG. KGaA 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 32.90 34.97 31.89 24.76 21.10

CTS Eventim AG. KGaA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 24.76 22.89 23.60 21.00 21.10

Competitive Comparison of CTS Eventim AG. KGaA's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, CTS Eventim AG. KGaA'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.


CTS Eventim AG. KGaA's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CTS Eventim AG. KGaA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CTS Eventim AG. KGaA 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.

CTS Eventim AG. KGaA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=86.55/3.27
=26.47

* 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.

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

For example, CTS Eventim AG. KGaA'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)
=6.83/123.6675*123.6675
=6.830

Current CPI (Dec. 2023) = 123.6675.

CTS Eventim AG. KGaA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.017 99.543 -0.021
201406 -0.393 99.543 -0.488
201409 0.236 99.823 0.292
201412 3.301 99.543 4.101
201503 -0.617 99.717 -0.765
201506 -0.417 100.417 -0.514
201509 -0.295 100.417 -0.363
201512 2.356 99.717 2.922
201603 -0.251 100.017 -0.310
201606 -0.711 100.717 -0.873
201609 -0.297 101.017 -0.364
201612 2.874 101.217 3.511
201703 -0.003 101.417 -0.004
201706 -0.046 102.117 -0.056
201709 0.443 102.717 0.533
201712 2.336 102.617 2.815
201803 0.361 102.917 0.434
201806 -0.809 104.017 -0.962
201809 -0.312 104.718 -0.368
201812 4.761 104.217 5.650
201903 -0.802 104.217 -0.952
201906 -1.545 105.718 -1.807
201909 0.342 106.018 0.399
201912 3.595 105.818 4.201
202003 -0.912 105.718 -1.067
202006 -0.307 106.618 -0.356
202009 -0.236 105.818 -0.276
202012 -0.014 105.518 -0.016
202103 -0.797 107.518 -0.917
202106 0.967 108.486 1.102
202109 3.181 109.435 3.595
202112 2.712 110.384 3.038
202203 0.091 113.968 0.099
202206 0.377 115.760 0.403
202209 -0.476 118.818 -0.495
202212 3.869 119.345 4.009
202303 0.698 122.402 0.705
202306 -1.003 123.140 -1.007
202309 0.614 124.195 0.611
202312 6.830 123.668 6.830

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.


CTS Eventim AG. KGaA  (OTCPK:CEVMF) 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.


CTS Eventim AG. KGaA Cyclically Adjusted Price-to-FCF Related Terms

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


CTS Eventim AG. KGaA (CTS Eventim AG. KGaA) Business Description

Traded in Other Exchanges
Address
Contrescarpe 75 A, Bremen, HB, DEU, 28195
CTS Eventim AG & Co. KGaA is a diversified media company that focuses on the ticketing market. The business is divided into two segments, ticketing, and live entertainment. The ticketing segment produces, sells, and distributes tickets for a variety of leisure-based events. The company sells tickets for concerts, sports, theater events, and provides travel services as well. The live entertainment business segment plans and organizes tour events, largely for music-based concerts. The company generates the vast majority of its revenue in Germany.

CTS Eventim AG. KGaA (CTS Eventim AG. KGaA) Headlines