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Continental AG (BSE:CTT) Cyclically Adjusted FCF per Share : lei41.33 (As of Mar. 2024)


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What is Continental AG 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.

Continental AG's adjusted free cash flow per share for the three months ended in Mar. 2024 was lei-27.720. 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 lei41.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Continental AG's average Cyclically Adjusted FCF Growth Rate was -7.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -2.00% 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 Continental AG was 14.20% per year. The lowest was -4.40% per year. And the median was 1.10% per year.

As of today (2024-05-28), Continental AG's current stock price is lei304.90. Continental AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was lei41.33. Continental AG's Cyclically Adjusted Price-to-FCF of today is 7.38.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Continental AG was 30.77. The lowest was 4.83. And the median was 11.79.


Continental AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Continental AG'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.

Continental AG Cyclically Adjusted FCF per Share Chart

Continental AG 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 50.72 48.72 47.04 44.83 43.80

Continental AG 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 45.94 44.67 44.85 43.80 41.33

Competitive Comparison of Continental AG's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Continental 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.


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

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

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



Continental AG 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, Continental 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)
=-27.72/125.0381*125.0381
=-27.720

Current CPI (Mar. 2024) = 125.0381.

Continental AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 17.187 99.543 21.589
201409 11.128 99.823 13.939
201412 30.012 99.543 37.699
201503 7.651 99.717 9.594
201506 14.225 100.417 17.713
201509 16.247 100.417 20.231
201512 28.747 99.717 36.047
201603 14.320 100.017 17.902
201606 11.793 100.717 14.641
201609 7.006 101.017 8.672
201612 22.541 101.217 27.846
201703 8.104 101.417 9.992
201706 3.997 102.117 4.894
201709 5.631 102.717 6.855
201712 42.628 102.617 51.942
201803 4.540 102.917 5.516
201806 2.659 104.017 3.196
201809 -3.395 104.718 -4.054
201812 40.518 104.217 48.613
201903 -16.610 104.217 -19.928
201906 -1.160 105.718 -1.372
201909 8.281 106.018 9.767
201912 39.477 105.818 46.648
202003 -5.776 105.718 -6.832
202006 -48.189 106.618 -56.515
202009 46.635 105.818 55.106
202012 26.736 105.518 31.682
202103 17.127 107.518 19.918
202106 7.751 108.486 8.934
202109 -0.521 109.435 -0.595
202112 4.778 110.384 5.412
202203 -4.685 113.968 -5.140
202206 -17.289 115.760 -18.675
202209 -11.422 118.818 -12.020
202212 37.065 119.345 38.833
202303 -23.568 122.402 -24.075
202306 -1.543 123.140 -1.567
202309 11.126 124.195 11.202
202312 43.620 123.773 44.066
202403 -27.720 125.038 -27.720

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


Continental AG  (BSE:CTT) 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.

Continental AG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=304.90/41.33
=7.38

* 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 Continental AG was 30.77. The lowest was 4.83. And the median was 11.79.


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.


Continental AG Cyclically Adjusted FCF per Share Related Terms

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


Continental AG (BSE:CTT) Business Description

Industry
Address
Vahrenwalder Strasse 9, Hanover, NI, DEU, 30165
Continental is a global auto supplier and tiremaker. Operating segments include the automotive group (electrical architecture and networking, autonomous mobility, safety and motion, smart mobility, and user experience), tires, and ContiTech which uses rubber in industrial and automotive components and systems. Last year, automotive group revenue was around 48% of the total, tire was 35%, ContiTech was 16%, and contract manufacturing for Vitesco was 1%. Top five customers include Ford, Mercedes-Benz, the Renault-Nissan-Mitsubishi alliance, Stellantis, and Volkswagen, representing about 32% of total revenue. Europe, at 47% of total revenue, is the companies largest market, followed by North America at 27%, Asia (mostly China) at 22%, and 4% in other regions.

Continental AG (BSE:CTT) Headlines

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