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FLSmidth. A/S (FLSmidth. A/S) Cyclically Adjusted Price-to-FCF : 20.67 (As of Apr. 27, 2024)


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What is FLSmidth. A/S Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), FLSmidth. A/S's current share price is $41.95. FLSmidth. A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.03. FLSmidth. A/S's Cyclically Adjusted Price-to-FCF for today is 20.67.

The historical rank and industry rank for FLSmidth. A/S's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FLIDF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.18   Med: 23.66   Max: 35.94
Current: 24.38

During the past years, FLSmidth. A/S's highest Cyclically Adjusted Price-to-FCF was 35.94. The lowest was 12.18. And the median was 23.66.

FLIDF's Cyclically Adjusted Price-to-FCF is ranked better than
62.11% of 1016 companies
in the Industrial Products industry
Industry Median: 32.505 vs FLIDF: 24.38

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.

FLSmidth. A/S's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $2.001. 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 $2.03 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


FLSmidth. A/S Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for FLSmidth. A/S'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.

FLSmidth. A/S Cyclically Adjusted Price-to-FCF Chart

FLSmidth. A/S 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 33.94 23.70 21.09 20.57 19.82

FLSmidth. A/S 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 20.57 20.19 23.57 24.26 19.82

Competitive Comparison of FLSmidth. A/S's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, FLSmidth. A/S'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.


FLSmidth. A/S's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FLSmidth. A/S's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where FLSmidth. A/S's Cyclically Adjusted Price-to-FCF falls into.



FLSmidth. A/S 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.

FLSmidth. A/S's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=41.95/2.03
=20.67

* 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.

FLSmidth. A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, FLSmidth. A/S'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)
=2.001/116.7000*116.7000
=2.001

Current CPI (Dec. 2023) = 116.7000.

FLSmidth. A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -2.389 99.600 -2.799
201406 0.541 99.700 0.633
201409 2.797 99.700 3.274
201412 1.654 99.400 1.942
201503 -0.347 100.200 -0.404
201506 -0.353 100.300 -0.411
201509 1.400 100.200 1.631
201512 0.307 99.800 0.359
201603 -0.269 100.200 -0.313
201606 0.099 100.600 0.115
201609 2.128 100.200 2.478
201612 1.586 100.300 1.845
201703 0.322 101.200 0.371
201706 -0.437 101.200 -0.504
201709 1.096 101.800 1.256
201712 1.569 101.300 1.808
201803 0.924 101.700 1.060
201806 -1.874 102.300 -2.138
201809 0.664 102.400 0.757
201812 -0.049 102.100 -0.056
201903 0.468 102.900 0.531
201906 0.166 102.900 0.188
201909 0.406 102.900 0.460
201912 0.537 102.900 0.609
202003 -0.308 103.300 -0.348
202006 1.524 103.200 1.723
202009 1.549 103.500 1.747
202012 0.675 103.400 0.762
202103 0.707 104.300 0.791
202106 1.607 105.000 1.786
202109 -0.799 105.800 -0.881
202112 1.927 106.600 2.110
202203 -0.317 109.900 -0.337
202206 -0.700 113.600 -0.719
202209 0.892 116.400 0.894
202212 1.639 115.900 1.650
202303 -1.182 117.300 -1.176
202306 0.649 116.400 0.651
202309 -1.103 117.400 -1.096
202312 2.001 116.700 2.001

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.


FLSmidth. A/S  (OTCPK:FLIDF) 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.


FLSmidth. A/S Cyclically Adjusted Price-to-FCF Related Terms

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


FLSmidth. A/S (FLSmidth. A/S) Business Description

Traded in Other Exchanges
Address
Vigerslev Alle 77, Valby, Copenhagen, DNK, DK-2500
FLSmidth & Co. A/S is a Denmark-based company that designs, manufactures, and supplies machinery, cement plants, and minerals processing solutions and provide services along with the construction. The company's two segments are mining and cement. The majority of revenue is generated from the mining segment. Geographically, the company operates across the Americas, Asia, Africa, Europe, and Oceania. Among all areas, South America contributes the most revenue, mainly due to mining.

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