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ElringKlinger AG (CHIX:ZIL2D) Cyclically Adjusted Price-to-FCF : 18.94 (As of May. 15, 2024)


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

As of today (2024-05-15), ElringKlinger AG's current share price is €5.4925. ElringKlinger AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.29. ElringKlinger AG's Cyclically Adjusted Price-to-FCF for today is 18.94.

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

CHIX:ZIL2d' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.97   Med: 37.36   Max: 1610
Current: 19.35

During the past years, ElringKlinger AG's highest Cyclically Adjusted Price-to-FCF was 1610.00. The lowest was 15.97. And the median was 37.36.

CHIX:ZIL2d's Cyclically Adjusted Price-to-FCF is ranked better than
56.21% of 491 companies
in the Vehicles & Parts industry
Industry Median: 21.92 vs CHIX:ZIL2d: 19.35

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.

ElringKlinger AG's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.095. 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 €0.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ElringKlinger AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ElringKlinger 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.

ElringKlinger AG Cyclically Adjusted Price-to-FCF Chart

ElringKlinger AG 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 - 2,269.64 54.34 29.02 18.10

ElringKlinger AG 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 41.91 37.96 25.73 18.10 19.22

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

For the Auto Parts subindustry, ElringKlinger 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.


ElringKlinger AG's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



ElringKlinger 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.4925/0.29
=18.94

* 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.

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

For example, ElringKlinger 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)
=-0.095/123.6675*123.6675
=-0.095

Current CPI (Mar. 2024) = 123.6675.

ElringKlinger AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.087 99.543 0.108
201409 -0.046 99.823 -0.057
201412 -0.085 99.543 -0.106
201503 -0.181 99.717 -0.224
201506 -0.179 100.417 -0.220
201509 -0.293 100.417 -0.361
201512 -0.402 99.717 -0.499
201603 0.008 100.017 0.010
201606 -0.107 100.717 -0.131
201609 0.022 101.017 0.027
201612 -0.040 101.217 -0.049
201703 -0.188 101.417 -0.229
201706 -0.209 102.117 -0.253
201709 -0.490 102.717 -0.590
201712 -0.224 102.617 -0.270
201803 -0.375 102.917 -0.451
201806 -0.294 104.017 -0.350
201809 -0.740 104.718 -0.874
201812 0.041 104.217 0.049
201903 -0.258 104.217 -0.306
201906 1.563 105.718 1.828
201909 0.484 106.018 0.565
201912 0.940 105.818 1.099
202003 -0.034 105.718 -0.040
202006 0.407 106.618 0.472
202009 0.966 105.818 1.129
202012 0.979 105.518 1.147
202103 0.442 107.518 0.508
202106 0.588 108.486 0.670
202109 0.128 109.435 0.145
202112 -0.071 110.384 -0.080
202203 -0.328 113.968 -0.356
202206 0.046 115.760 0.049
202209 -0.176 118.818 -0.183
202212 0.617 119.345 0.639
202303 -0.339 122.402 -0.343
202306 0.058 123.140 0.058
202309 0.177 124.195 0.176
202312 0.544 123.668 0.544
202403 -0.095 123.668 -0.095

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.


ElringKlinger AG  (CHIX:ZIL2d) 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.


ElringKlinger AG Cyclically Adjusted Price-to-FCF Related Terms

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ElringKlinger AG (CHIX:ZIL2D) Business Description

Traded in Other Exchanges
Address
Max-Eyth-Strasse 2, Dettingen an der Erms, DEU, 72581
ElringKlinger AG is a supplier of original equipment parts for vehicles and engines. The company produces cylinder heads and specialty gaskets, plastic housing modules, shielding components for engines, transmissions, exhaust systems, exhaust gas purification technology as well as battery and fuel cell components. Erling Klinger also offers its product to customers in the aftermarkets. The segment of the company revenue is the original equipment division, while the majority of sales are generated outside its domestic German market.

ElringKlinger AG (CHIX:ZIL2D) Headlines

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