GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rockwool AS (FRA:R90) » Definitions » Cyclically Adjusted Price-to-FCF

Rockwool AS (FRA:R90) Cyclically Adjusted Price-to-FCF : 18.25 (As of Jun. 11, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Rockwool AS Cyclically Adjusted Price-to-FCF?

As of today (2024-06-11), Rockwool AS's current share price is €376.40. Rockwool AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €20.62. Rockwool AS's Cyclically Adjusted Price-to-FCF for today is 18.25.

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

FRA:R90' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.07   Med: 15.92   Max: 27.66
Current: 18.35

During the past years, Rockwool AS's highest Cyclically Adjusted Price-to-FCF was 27.66. The lowest was 9.07. And the median was 15.92.

FRA:R90's Cyclically Adjusted Price-to-FCF is ranked worse than
51.88% of 584 companies
in the Construction industry
Industry Median: 17.7 vs FRA:R90: 18.35

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.

Rockwool AS's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €4.609. 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 €20.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rockwool AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Rockwool AS'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.

Rockwool AS Cyclically Adjusted Price-to-FCF Chart

Rockwool AS 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 14.37 19.10 20.47 12.35 13.42

Rockwool AS 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 12.33 12.70 11.82 13.42 14.72

Competitive Comparison of Rockwool AS's Cyclically Adjusted Price-to-FCF

For the Building Products & Equipment subindustry, Rockwool AS'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.


Rockwool AS's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rockwool AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Rockwool AS 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.

Rockwool AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=376.40/20.62
=18.25

* 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.

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

For example, Rockwool AS'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)
=4.609/118.4000*118.4000
=4.609

Current CPI (Mar. 2024) = 118.4000.

Rockwool AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.027 99.700 2.407
201409 5.085 99.700 6.039
201412 2.603 99.400 3.101
201503 -0.200 100.200 -0.236
201506 3.500 100.300 4.132
201509 5.552 100.200 6.560
201512 4.926 99.800 5.844
201603 0.262 100.200 0.310
201606 3.638 100.600 4.282
201609 6.877 100.200 8.126
201612 4.446 100.300 5.248
201703 -0.706 101.200 -0.826
201706 4.137 101.200 4.840
201709 7.064 101.800 8.216
201712 4.636 101.300 5.419
201803 -0.093 101.700 -0.108
201806 4.538 102.300 5.252
201809 7.247 102.400 8.379
201812 6.886 102.100 7.985
201903 -0.274 102.900 -0.315
201906 5.013 102.900 5.768
201909 8.773 102.900 10.094
201912 4.969 102.900 5.717
202003 0.597 103.300 0.684
202006 5.670 103.200 6.505
202009 8.091 103.500 9.256
202012 3.297 103.400 3.775
202103 1.322 104.300 1.501
202106 6.732 105.000 7.591
202109 7.822 105.800 8.754
202112 3.917 106.600 4.351
202203 0.092 109.900 0.099
202206 4.911 113.600 5.119
202209 6.767 116.400 6.883
202212 6.490 115.900 6.630
202303 3.000 117.300 3.028
202306 7.972 116.400 8.109
202309 12.305 117.400 12.410
202312 9.480 116.700 9.618
202403 4.609 118.400 4.609

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.


Rockwool AS  (FRA:R90) 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.


Rockwool AS Cyclically Adjusted Price-to-FCF Related Terms

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


Rockwool AS (FRA:R90) Business Description

Industry
Traded in Other Exchanges
Address
Hovedgaden 584, Hedehusene, DNK, 2640
Rockwool AS manufactures and sells building materials, including insulation, and roofing systems. The company organizes itself into two segments based on the product: Insulation and Systems. The Insulation segment, which generates the majority of revenue, sells building, industrial, and technical insulation and external thermal insulation wall systems to the construction industry. The Systems business sells acoustic ceilings and wall systems, external cladding systems, horticultural substrate solutions, engineered fiber solutions, and noise and vibration control to the construction and automotive industries. The majority of sales come from Europe.

Rockwool AS (FRA:R90) Headlines

No Headlines