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Kabel Deutschland Holding AG (HAM:KD8) Cyclically Adjusted Price-to-FCF : (As of May. 13, 2024)


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What is Kabel Deutschland Holding AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kabel Deutschland Holding AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kabel Deutschland Holding 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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Kabel Deutschland Holding AG Cyclically Adjusted Price-to-FCF Chart

Kabel Deutschland Holding AG Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Cyclically Adjusted Price-to-FCF
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Kabel Deutschland Holding AG Semi-Annual Data
Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
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Competitive Comparison of Kabel Deutschland Holding AG's Cyclically Adjusted Price-to-FCF

For the Entertainment subindustry, Kabel Deutschland Holding 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.


Kabel Deutschland Holding AG's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kabel Deutschland Holding AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kabel Deutschland Holding 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.

Kabel Deutschland Holding AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar21 is calculated as:

For example, Kabel Deutschland Holding AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar21 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar21 (Change)*Current CPI (Mar21)
=8.735/107.5179*107.5179
=8.735

Current CPI (Mar21) = 107.5179.

Kabel Deutschland Holding AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201203 3.788 97.117 4.194
201303 2.908 98.516 3.174
201403 2.601 99.543 2.809
201503 1.368 99.717 1.475
201603 4.479 100.017 4.815
201703 3.763 101.417 3.989
201803 5.167 102.917 5.398
201903 5.246 104.217 5.412
202003 6.125 105.718 6.229
202103 8.735 107.518 8.735

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.


Kabel Deutschland Holding AG  (HAM:KD8) 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.


Kabel Deutschland Holding AG Cyclically Adjusted Price-to-FCF Related Terms

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Kabel Deutschland Holding AG (HAM:KD8) Business Description

Traded in Other Exchanges
N/A
Address
Betastrasse 6 - 8, Unterfoehring, DEU, 85774
Kabel Deutschland is a triple play cable network operator and holding company. Its primary revenue segments are TV Business and Internet and Phone Business. The TV Business segment offers subscribers basic cable- and premium-TV products. Revenue is generated through monthly subscription fees. The Internet and Phone business is primarily involved with providing broadband Internet as well as fixed-line and mobile phone services. Like the TV Business segment, revenue is earned through monthly subscription fees. The company's infrastructure comes in the form of hybrid fibre coaxial cables. Kabel Deustchland is majority owned by Vodafone and generates the majority of its revenue in Germany.

Kabel Deutschland Holding AG (HAM:KD8) Headlines

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