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Konecranes Oyj (OHEL:KCR) Cyclically Adjusted FCF per Share : €2.54 (As of Mar. 2024)


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What is Konecranes Oyj Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Konecranes Oyj's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.615. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €2.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Konecranes Oyj's average Cyclically Adjusted FCF Growth Rate was 30.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Konecranes Oyj was 19.40% per year. The lowest was 5.00% per year. And the median was 15.25% per year.

As of today (2024-06-05), Konecranes Oyj's current stock price is €52.00. Konecranes Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.54. Konecranes Oyj's Cyclically Adjusted Price-to-FCF of today is 20.47.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Konecranes Oyj was 33.06. The lowest was 10.61. And the median was 21.41.


Konecranes Oyj Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Konecranes Oyj's Cyclically Adjusted FCF per Share 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.

Konecranes Oyj Cyclically Adjusted FCF per Share Chart

Konecranes Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 1.48 1.83 1.82 2.39

Konecranes Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 1.95 2.21 2.31 2.39 2.54

Competitive Comparison of Konecranes Oyj's Cyclically Adjusted FCF per Share

For the Farm & Heavy Construction Machinery subindustry, Konecranes Oyj'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.


Konecranes Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Konecranes Oyj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Konecranes Oyj Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Konecranes Oyj'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)
=0.615/122.3600*122.3600
=0.615

Current CPI (Mar. 2024) = 122.3600.

Konecranes Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.503 100.147 0.615
201409 0.971 100.726 1.180
201412 0.944 100.229 1.152
201503 -1.088 100.120 -1.330
201506 -0.062 100.030 -0.076
201509 0.645 100.130 0.788
201512 0.412 99.990 0.504
201603 -0.128 100.080 -0.156
201606 0.170 100.390 0.207
201609 0.443 100.540 0.539
201612 0.897 101.020 1.086
201703 1.137 100.910 1.379
201706 0.946 101.140 1.144
201709 -0.103 101.320 -0.124
201712 0.694 101.510 0.837
201803 -0.029 101.730 -0.035
201806 -0.318 102.320 -0.380
201809 0.278 102.600 0.332
201812 0.972 102.710 1.158
201903 0.291 102.870 0.346
201906 -0.013 103.360 -0.015
201909 1.053 103.540 1.244
201912 0.394 103.650 0.465
202003 0.681 103.490 0.805
202006 0.662 103.320 0.784
202009 1.026 103.710 1.211
202012 2.201 103.890 2.592
202103 0.190 104.870 0.222
202106 0.134 105.360 0.156
202109 0.471 106.290 0.542
202112 0.806 107.490 0.918
202203 0.031 110.950 0.034
202206 -0.393 113.570 -0.423
202209 -0.507 114.920 -0.540
202212 1.139 117.320 1.188
202303 1.430 119.750 1.461
202306 1.405 120.690 1.424
202309 1.424 121.280 1.437
202312 2.074 121.540 2.088
202403 0.615 122.360 0.615

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Konecranes Oyj  (OHEL:KCR) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Konecranes Oyj's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=52.00/2.54
=20.47

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Konecranes Oyj was 33.06. The lowest was 10.61. And the median was 21.41.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Konecranes Oyj Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Konecranes Oyj's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Konecranes Oyj (OHEL:KCR) Business Description

Traded in Other Exchanges
Address
Koneenkatu 8, P.O. Box 661, Hyvinkaa, FIN, FI-05801
Konecranes Oyj provides lifting equipment and services for manufacturing industries, shipyards, ports, and terminals. It offers cranes, material handling solutions, and other components geared toward transporting and organizing supplies. Workstation lifting systems, trucks, and various hoists include advanced technologies to increase control and equipment capabilities. Products are marketed through various brands, and sales offices are in multiple regions. The company's global service network provides a full range of service solutions, specialized maintenance, and modernization services for equipment and tools. Inspections, spare parts, and preventive maintenance programs enhance efficiencies and extend product lifecycles.

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