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Volkswagen AG (Volkswagen AG) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Volkswagen AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Volkswagen 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.

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Volkswagen AG Cyclically Adjusted Price-to-FCF Chart

Volkswagen AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Volkswagen AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Volkswagen AG's Cyclically Adjusted Price-to-FCF

For the Auto Manufacturers subindustry, Volkswagen 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.


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

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

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



Volkswagen 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.

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

For example, Volkswagen 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)
=-0.836/125.0381*125.0381
=-0.836

Current CPI (Mar. 2024) = 125.0381.

Volkswagen AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.402 99.543 -0.505
201409 0.301 99.823 0.377
201412 -1.026 99.543 -1.289
201503 0.018 99.717 0.023
201506 0.083 100.417 0.103
201509 0.219 100.417 0.273
201512 -1.301 99.717 -1.631
201603 -0.456 100.017 -0.570
201606 -0.017 100.717 -0.021
201609 0.056 101.017 0.069
201612 -1.597 101.217 -1.973
201703 -0.651 101.417 -0.803
201706 -1.586 102.117 -1.942
201709 -0.247 102.717 -0.301
201712 -1.967 102.617 -2.397
201803 0.201 102.917 0.244
201806 -0.718 104.017 -0.863
201809 -0.066 104.718 -0.079
201812 -2.075 104.217 -2.490
201903 -0.080 104.217 -0.096
201906 -0.200 105.718 -0.237
201909 0.438 106.018 0.517
201912 -0.480 105.818 -0.567
202003 -0.396 105.718 -0.468
202006 0.438 106.618 0.514
202009 1.671 105.818 1.975
202012 -0.027 105.518 -0.032
202103 1.235 107.518 1.436
202106 1.368 108.486 1.577
202109 1.548 109.435 1.769
202112 0.597 110.384 0.676
202203 1.171 113.968 1.285
202206 0.566 115.760 0.611
202209 0.884 118.818 0.930
202212 -1.409 119.345 -1.476
202303 0.196 122.402 0.200
202306 -1.027 123.140 -1.043
202309 -0.083 124.195 -0.084
202312 -0.483 123.773 -0.488
202403 -0.836 125.038 -0.836

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.


Volkswagen AG  (OTCPK:VWAPY) 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.


Volkswagen AG Cyclically Adjusted Price-to-FCF Related Terms

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Volkswagen AG (Volkswagen AG) Business Description

Address
Berliner Ring 2, Wolfsburg, NI, DEU, 38440
Volkswagen is one of the world's largest automotive manufacturers. Automotive brands include Volkswagen passenger cars, Audi, Bentley, Lamborghini, Porsche, SEAT, and Skoda. Commercial vehicle brands include MAN, Navistar, Scania, and Volkswagen. The company's financial services group provides dealer financing to support floor plans, consumer financing for vehicle purchases, vehicle leasing, banking, and other financial services. In 2022, Europe was Volkswagen's largest light vehicle market at 41% of total volume, followed by China at 37%, and rest of world at 22%.

Volkswagen AG (Volkswagen AG) Headlines

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