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Continental AG (BSE:CTT) Cyclically Adjusted Price-to-FCF : 7.38 (As of May. 28, 2024)


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

As of today (2024-05-28), Continental AG's current share 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 for today is 7.38.

The historical rank and industry rank for Continental AG's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSE:CTT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.83   Med: 11.79   Max: 30.77
Current: 7.21

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

BSE:CTT's Cyclically Adjusted Price-to-FCF is ranked better than
87% of 477 companies
in the Vehicles & Parts industry
Industry Median: 21.54 vs BSE:CTT: 7.21

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 adjusted free cash flow per share data for the three months ended in Mar. 2024 was lei-27.731. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is lei41.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Continental AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Continental 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.

* Premium members only.

Continental AG Cyclically Adjusted Price-to-FCF Chart

Continental AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.95 12.52 9.97 6.15 8.58

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 Price-to-FCF 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 7.53 7.65 7.41 8.58 7.91

Competitive Comparison of Continental AG's Cyclically Adjusted Price-to-FCF

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 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.

Continental AG's Cyclically Adjusted Price-to-FCF for 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.

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

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)
=-27.731/125.0381*125.0381
=-27.731

Current CPI (Mar. 2024) = 125.0381.

Continental AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 17.194 99.543 21.598
201409 11.132 99.823 13.944
201412 30.024 99.543 37.714
201503 7.654 99.717 9.598
201506 14.230 100.417 17.719
201509 16.254 100.417 20.239
201512 28.759 99.717 36.062
201603 14.326 100.017 17.910
201606 11.797 100.717 14.646
201609 7.009 101.017 8.676
201612 22.550 101.217 27.857
201703 8.107 101.417 9.995
201706 3.999 102.117 4.897
201709 5.633 102.717 6.857
201712 42.645 102.617 51.963
201803 4.542 102.917 5.518
201806 2.660 104.017 3.198
201809 -3.396 104.718 -4.055
201812 40.534 104.217 48.632
201903 -16.617 104.217 -19.937
201906 -1.161 105.718 -1.373
201909 8.284 106.018 9.770
201912 39.493 105.818 46.666
202003 -5.778 105.718 -6.834
202006 -48.208 106.618 -56.537
202009 46.653 105.818 55.127
202012 26.747 105.518 31.695
202103 17.133 107.518 19.925
202106 7.754 108.486 8.937
202109 -0.521 109.435 -0.595
202112 4.780 110.384 5.415
202203 -4.687 113.968 -5.142
202206 -17.295 115.760 -18.681
202209 -11.426 118.818 -12.024
202212 37.080 119.345 38.849
202303 -23.578 122.402 -24.086
202306 -1.544 123.140 -1.568
202309 11.131 124.195 11.207
202312 43.637 123.773 44.083
202403 -27.731 125.038 -27.731

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.


Continental AG  (BSE:CTT) 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.


Continental AG Cyclically Adjusted Price-to-FCF Related Terms

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


Continental AG (BSE:CTT) 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.