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Funkwerk AG (STU:FEW) Cyclically Adjusted Price-to-FCF : 18.32 (As of Apr. 29, 2024)


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

As of today (2024-04-29), Funkwerk AG's current share price is €20.70. Funkwerk AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 was €1.13. Funkwerk AG's Cyclically Adjusted Price-to-FCF for today is 18.32.

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

STU:FEW's Cyclically Adjusted Price-to-FCF is not ranked *
in the Hardware industry.
Industry Median: 28.155
* Ranked among companies with meaningful Cyclically Adjusted Price-to-FCF only.

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.

Funkwerk AG's adjusted free cash flow per share data of for the fiscal year that ended in Dec22 was €0.277. 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 €1.13 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Funkwerk AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Funkwerk 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.

Funkwerk AG Cyclically Adjusted Price-to-FCF Chart

Funkwerk AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,776.68 98.01 55.65 35.21 17.93

Funkwerk AG Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 55.65 - 35.21 - 17.93

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

For the Communication Equipment subindustry, Funkwerk 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.


Funkwerk AG's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Funkwerk AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Funkwerk 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.70/1.13
=18.32

* 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.

Funkwerk AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Funkwerk AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.277/119.3449*119.3449
=0.277

Current CPI (Dec22) = 119.3449.

Funkwerk AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -1.085 99.356 -1.303
201412 0.275 99.543 0.330
201512 0.432 99.717 0.517
201612 0.512 101.217 0.604
201712 0.830 102.617 0.965
201812 1.711 104.217 1.959
201912 2.219 105.818 2.503
202012 2.210 105.518 2.500
202112 2.903 110.384 3.139
202212 0.277 119.345 0.277

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.


Funkwerk AG  (STU:FEW) 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.


Funkwerk AG Cyclically Adjusted Price-to-FCF Related Terms

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


Funkwerk AG (STU:FEW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Funkwerk AG (STU:FEW) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Im Funkwerk 5, Kölleda / Thuringia, DEU, 99625
Funkwerk AG is a supplier of communication, information and security systems. Funkwerk provides tailor-made concepts for railway companies, vehicle manufacturers, industrial companies, transport, logistics, buildings and public, and private institutions. It also develops radio equipment's for railway companies, public transport, inland waterways, and airports, intelligent electronic security systems to protect buildings, squares, industrial buildings, property, and persons.

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