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Fresenius SE KGaA (Fresenius SE KGaA) Cyclically Adjusted Price-to-FCF : 15.61 (As of Apr. 27, 2024)


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What is Fresenius SE KGaA Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Fresenius SE KGaA's current share price is $7.3375. Fresenius SE KGaA's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.47. Fresenius SE KGaA's Cyclically Adjusted Price-to-FCF for today is 15.61.

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

FSNUY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.56   Med: 38.1   Max: 205.8
Current: 15.96

During the past years, Fresenius SE KGaA's highest Cyclically Adjusted Price-to-FCF was 205.80. The lowest was 14.56. And the median was 38.10.

FSNUY's Cyclically Adjusted Price-to-FCF is ranked better than
61.59% of 164 companies
in the Healthcare Providers & Services industry
Industry Median: 24.535 vs FSNUY: 15.96

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.

Fresenius SE KGaA's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.731. 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 $0.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fresenius SE KGaA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fresenius SE 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.

Fresenius SE KGaA Cyclically Adjusted Price-to-FCF Chart

Fresenius SE 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 - - - 35.28 16.49

Fresenius SE 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 35.28 36.81 32.77 29.43 16.49

Competitive Comparison of Fresenius SE KGaA's Cyclically Adjusted Price-to-FCF

For the Medical Care Facilities subindustry, Fresenius SE 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.


Fresenius SE KGaA's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Fresenius SE KGaA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Fresenius SE KGaA's Cyclically Adjusted Price-to-FCF falls into.



Fresenius SE 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.

Fresenius SE KGaA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.3375/0.47
=15.61

* 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.

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

For example, Fresenius SE 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)
=0.731/123.6675*123.6675
=0.731

Current CPI (Dec. 2023) = 123.6675.

Fresenius SE KGaA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.620 99.543 -0.770
201406 0.091 99.543 0.113
201409 0.009 99.823 0.011
201412 -0.090 99.543 -0.112
201503 0.080 99.717 0.099
201506 0.153 100.417 0.188
201509 0.255 100.417 0.314
201512 0.238 99.717 0.295
201603 -0.101 100.017 -0.125
201606 0.225 100.717 0.276
201609 0.237 101.017 0.290
201612 0.268 101.217 0.327
201703 -2.556 101.417 -3.117
201706 0.222 102.117 0.269
201709 0.251 102.717 0.302
201712 0.137 102.617 0.165
201803 -0.194 102.917 -0.233
201806 0.196 104.017 0.233
201809 0.142 104.718 0.168
201812 0.116 104.217 0.138
201903 -1.056 104.217 -1.253
201906 0.251 105.718 0.294
201909 0.373 106.018 0.435
201912 0.075 105.818 0.088
202003 0.004 105.718 0.005
202006 1.274 106.618 1.478
202009 0.301 105.818 0.352
202012 0.178 105.518 0.209
202103 0.053 107.518 0.061
202106 0.249 108.486 0.284
202109 0.333 109.435 0.376
202112 0.424 110.384 0.475
202203 -0.190 113.968 -0.206
202206 0.125 115.760 0.134
202209 0.442 118.818 0.460
202212 0.996 119.345 1.032
202303 -0.124 122.402 -0.125
202306 0.378 123.140 0.380
202309 0.628 124.195 0.625
202312 0.731 123.668 0.731

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.


Fresenius SE KGaA  (OTCPK:FSNUY) 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.


Fresenius SE KGaA Cyclically Adjusted Price-to-FCF Related Terms

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


Fresenius SE KGaA (Fresenius SE KGaA) Business Description

Address
Else-Kroener-Strasse 1, Bad Homburg, HE, DEU, 61352
Fresenius SE is a healthcare holding company based in Germany with four segments. The company owns a large stake in dialysis service provider and equipment manufacturer Fresenius Medical Care. The Kabi segment manufactures intravenous drugs, nutrition products, infusion and transfusion therapies, and related pumps. The Helios segment operates private hospitals and fertility clinics in Germany, Spain, and Latin America. Vamed provides a variety of services such as healthcare facility construction and operation management, including post-acute care rehabilitation.

Fresenius SE KGaA (Fresenius SE KGaA) Headlines

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