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Continental AG (Continental AG) Cyclically Adjusted FCF per Share : $0.91 (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 $-0.606. 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 $0.91 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 (2024-05-31), Continental AG's current stock price is $6.7024. Continental AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.91. Continental AG's Cyclically Adjusted Price-to-FCF of today is 7.37.

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 1.03 1.05 1.06 0.97 0.98

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 0.99 0.98 0.95 0.98 0.91

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)
=-0.606/125.0381*125.0381
=-0.606

Current CPI (Mar. 2024) = 125.0381.

Continental AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.376 99.543 0.472
201409 0.243 99.823 0.304
201412 0.656 99.543 0.824
201503 0.167 99.717 0.209
201506 0.311 100.417 0.387
201509 0.355 100.417 0.442
201512 0.629 99.717 0.789
201603 0.313 100.017 0.391
201606 0.258 100.717 0.320
201609 0.153 101.017 0.189
201612 0.493 101.217 0.609
201703 0.177 101.417 0.218
201706 0.087 102.117 0.107
201709 0.123 102.717 0.150
201712 0.932 102.617 1.136
201803 0.099 102.917 0.120
201806 0.058 104.017 0.070
201809 -0.074 104.718 -0.088
201812 0.886 104.217 1.063
201903 -0.363 104.217 -0.436
201906 -0.025 105.718 -0.030
201909 0.181 106.018 0.213
201912 0.864 105.818 1.021
202003 -0.126 105.718 -0.149
202006 -1.054 106.618 -1.236
202009 1.020 105.818 1.205
202012 0.585 105.518 0.693
202103 0.375 107.518 0.436
202106 0.170 108.486 0.196
202109 -0.011 109.435 -0.013
202112 0.105 110.384 0.119
202203 -0.102 113.968 -0.112
202206 -0.378 115.760 -0.408
202209 -0.250 118.818 -0.263
202212 0.811 119.345 0.850
202303 -0.516 122.402 -0.527
202306 -0.034 123.140 -0.035
202309 0.243 124.195 0.245
202312 0.954 123.773 0.964
202403 -0.606 125.038 -0.606

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


Continental AG  (OTCPK:CTTAY) 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
=6.7024/0.91
=7.37

* 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 (Continental AG) Business Description

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 (Continental AG) Headlines