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Nikon SLM Solutions AG (STU:AM3D) Cyclically Adjusted FCF per Share : €-1.32 (As of Jun. 2023)


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What is Nikon SLM Solutions 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.

Nikon SLM Solutions AG's adjusted free cash flow per share for the three months ended in Jun. 2023 was €-0.402. 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 €-1.32 for the trailing ten years ended in Jun. 2023.

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.

As of today (2024-06-08), Nikon SLM Solutions AG's current stock price is €19.02. Nikon SLM Solutions AG's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 was €-1.32. Nikon SLM Solutions AG's Cyclically Adjusted Price-to-FCF of today is .


Nikon SLM Solutions AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nikon SLM Solutions 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.

Nikon SLM Solutions AG Cyclically Adjusted FCF per Share Chart

Nikon SLM Solutions AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -1.19

Nikon SLM Solutions AG Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -1.15 -1.17 -1.19 -1.29 -1.32

Competitive Comparison of Nikon SLM Solutions AG's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Nikon SLM Solutions 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.


Nikon SLM Solutions AG's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nikon SLM Solutions AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Nikon SLM Solutions 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, Nikon SLM Solutions AG's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-0.402/123.1404*123.1404
=-0.402

Current CPI (Jun. 2023) = 123.1404.

Nikon SLM Solutions AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 -0.073 98.983 -0.091
201312 0.033 99.356 0.041
201403 -0.177 99.543 -0.219
201406 -0.631 99.543 -0.781
201409 -0.145 99.823 -0.179
201412 -0.034 99.543 -0.042
201503 -0.189 99.717 -0.233
201506 -0.500 100.417 -0.613
201509 -0.544 100.417 -0.667
201512 0.196 99.717 0.242
201603 -0.623 100.017 -0.767
201606 -0.553 100.717 -0.676
201609 0.034 101.017 0.041
201612 -0.201 101.217 -0.245
201703 -0.088 101.417 -0.107
201706 -0.595 102.117 -0.717
201709 -0.529 102.717 -0.634
201712 -0.457 102.617 -0.548
201803 -0.593 102.917 -0.710
201806 -0.277 104.017 -0.328
201809 -0.480 104.718 -0.564
201812 -0.137 104.217 -0.162
201903 -0.076 104.217 -0.090
201906 -0.307 105.718 -0.358
201909 -0.062 106.018 -0.072
201912 -0.030 105.818 -0.035
202003 -0.186 105.718 -0.217
202006 -0.194 106.618 -0.224
202009 -0.119 105.818 -0.138
202012 -0.236 105.518 -0.275
202103 -0.328 107.518 -0.376
202106 -0.451 108.486 -0.512
202109 -0.309 109.435 -0.348
202112 -0.172 110.384 -0.192
202203 -0.487 113.968 -0.526
202206 -0.208 115.760 -0.221
202209 -0.193 118.818 -0.200
202212 -0.441 119.345 -0.455
202303 -0.601 122.402 -0.605
202306 -0.402 123.140 -0.402

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


Nikon SLM Solutions AG  (STU:AM3D) 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.


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.


Nikon SLM Solutions AG Cyclically Adjusted FCF per Share Related Terms

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


Nikon SLM Solutions AG (STU:AM3D) Business Description

Traded in Other Exchanges
N/A
Address
Estlandring 4, Lubeck, SH, DEU, 23564
Nikon SLM Solutions AG Formerly SLM Solutions Group AG is a developer of industrial metal 3D printing machines focused on metal additive manufacturing and multi-laser technology for the aerospace and defense, automotive, energy, healthcare, tooling, and research markets. The company focuses on the development, production, and sale of machines for selective laser melting. It also focuses on research and development of technology in the manufacturing area, providing customer training sessions, consulting and financing services, machine-related services, the sale of replacement parts and accessories, and also the sale of merchandise. SLM manages its business in two segments namely the Machine Sales segment and the After-sales segment.

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