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thyssenkrupp AG (BUD:THYSSENKRUPP) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


thyssenkrupp AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for thyssenkrupp 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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thyssenkrupp AG Cyclically Adjusted Price-to-FCF Chart

thyssenkrupp AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
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thyssenkrupp 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 thyssenkrupp AG's Cyclically Adjusted Price-to-FCF

For the Metal Fabrication subindustry, thyssenkrupp 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.


thyssenkrupp AG's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



thyssenkrupp 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.

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

For example, thyssenkrupp 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)
=-108.211/125.0381*125.0381
=-108.211

Current CPI (Mar. 2024) = 125.0381.

thyssenkrupp AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -104.769 99.543 -131.603
201409 493.504 99.823 618.165
201412 -504.965 99.543 -634.300
201503 -38.571 99.717 -48.366
201506 115.634 100.417 143.987
201509 399.264 100.417 497.160
201512 -595.046 99.717 -746.149
201603 -257.607 100.017 -322.053
201606 162.360 100.717 201.567
201609 787.619 101.017 974.911
201612 -1,185.923 101.217 -1,465.028
201703 -159.398 101.417 -196.524
201706 -179.834 102.117 -220.199
201709 1,243.777 102.717 1,514.057
201712 -1,025.483 102.617 -1,249.543
201803 171.421 102.917 208.266
201806 -160.345 104.017 -192.749
201809 996.689 104.718 1,190.098
201812 -1,676.090 104.217 -2,010.942
201903 24.628 104.217 29.548
201906 -47.259 105.718 -55.896
201909 894.645 106.018 1,055.151
201912 -1,587.237 105.818 -1,875.540
202003 -106.750 105.718 -126.259
202006 -480.284 106.618 -563.262
202009 -1,523.692 105.818 -1,800.452
202012 20.783 105.518 24.628
202103 -562.429 107.518 -654.078
202106 -190.918 108.486 -220.047
202109 -216.226 109.435 -247.056
202112 -562.453 110.384 -637.125
202203 -509.280 113.968 -558.748
202206 -268.385 115.760 -289.895
202209 806.045 118.818 848.243
202212 -225.272 119.345 -236.018
202303 -131.817 122.402 -134.655
202306 211.889 123.140 215.154
202309 342.633 124.195 344.960
202312 -465.095 123.773 -469.849
202403 -108.211 125.038 -108.211

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.


thyssenkrupp AG  (BUD:THYSSENKRUPP) 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.


thyssenkrupp AG Cyclically Adjusted Price-to-FCF Related Terms

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


thyssenkrupp AG (BUD:THYSSENKRUPP) Business Description

Address
ThyssenKrupp Allee 1, Essen, NW, DEU, 45143
thyssenkrupp AG is a diversified industrial group with steel operations and capital goods and services businesses. Its segment includes Materials Services, Bearings, Forged Technologies, Automotive Technology, Steel Europe, Marine Systems, Multi Tracks. The group also provides cross-cutting services to businesses and Corporate Headquarters.

thyssenkrupp AG (BUD:THYSSENKRUPP) Headlines

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