GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » KGHM Polska Miedz SA (LTS:0O8D) » Definitions » Cyclically Adjusted Price-to-FCF

KGHM Polska Miedz (LTS:0O8D) Cyclically Adjusted Price-to-FCF : 28.57 (As of Jun. 08, 2024)


View and export this data going back to 2009. Start your Free Trial

What is KGHM Polska Miedz Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), KGHM Polska Miedz's current share price is zł112.85. KGHM Polska Miedz's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł3.95. KGHM Polska Miedz's Cyclically Adjusted Price-to-FCF for today is 28.57.

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

LTS:0O8D' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.5   Med: 14.86   Max: 41.09
Current: 37.94

During the past years, KGHM Polska Miedz's highest Cyclically Adjusted Price-to-FCF was 41.09. The lowest was 4.50. And the median was 14.86.

LTS:0O8D's Cyclically Adjusted Price-to-FCF is ranked worse than
66.67% of 249 companies
in the Metals & Mining industry
Industry Median: 20.97 vs LTS:0O8D: 37.94

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.

KGHM Polska Miedz's adjusted free cash flow per share data for the three months ended in Mar. 2024 was zł-6.265. 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 zł3.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


KGHM Polska Miedz Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for KGHM Polska Miedz'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.

KGHM Polska Miedz Cyclically Adjusted Price-to-FCF Chart

KGHM Polska Miedz 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 8.21 17.39 19.54 23.26 23.67

KGHM Polska Miedz 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 23.68 22.48 22.26 23.67 28.55

Competitive Comparison of KGHM Polska Miedz's Cyclically Adjusted Price-to-FCF

For the Copper subindustry, KGHM Polska Miedz'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.


KGHM Polska Miedz's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, KGHM Polska Miedz's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where KGHM Polska Miedz's Cyclically Adjusted Price-to-FCF falls into.



KGHM Polska Miedz 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.

KGHM Polska Miedz's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=112.85/3.95
=28.57

* 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.

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

For example, KGHM Polska Miedz'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)
=-6.265/149.0435*149.0435
=-6.265

Current CPI (Mar. 2024) = 149.0435.

KGHM Polska Miedz Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.085 101.180 -0.125
201409 1.010 100.611 1.496
201412 2.050 100.122 3.052
201503 1.590 100.041 2.369
201506 1.820 100.448 2.701
201509 -0.050 99.634 -0.075
201512 -2.240 99.471 -3.356
201603 -1.930 98.983 -2.906
201606 -0.348 99.552 -0.521
201609 1.260 99.064 1.896
201612 5.820 100.366 8.643
201703 -0.785 101.018 -1.158
201706 0.705 101.180 1.038
201709 -0.250 101.343 -0.368
201712 1.900 102.564 2.761
201803 -3.430 102.564 -4.984
201806 0.580 103.378 0.836
201809 2.245 103.378 3.237
201812 5.230 103.785 7.511
201903 -2.045 104.274 -2.923
201906 2.025 105.983 2.848
201909 -0.530 105.983 -0.745
201912 8.165 107.123 11.360
202003 -0.170 109.076 -0.232
202006 1.685 109.402 2.296
202009 2.150 109.320 2.931
202012 7.170 109.565 9.754
202103 0.445 112.658 0.589
202106 2.670 113.960 3.492
202109 -2.980 115.588 -3.843
202112 1.555 119.088 1.946
202203 3.060 125.031 3.648
202206 -5.145 131.705 -5.822
202209 -1.955 135.531 -2.150
202212 -4.300 139.113 -4.607
202303 1.555 145.950 1.588
202306 2.665 147.009 2.702
202309 -1.265 146.113 -1.290
202312 2.640 147.741 2.663
202403 -6.265 149.044 -6.265

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.


KGHM Polska Miedz  (LTS:0O8D) 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.


KGHM Polska Miedz Cyclically Adjusted Price-to-FCF Related Terms

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


KGHM Polska Miedz (LTS:0O8D) Business Description

Address
48 M.Sklodowskiej-Curie Street, Lubin, POL, 59-301
KGHM Polska Miedz SA engages in copper ore mining and copper production primarily in South-Western Poland. The company also produces precious metals such as silver, which is typically used for coins, jewellery, photography products and industrial purposes. The bulk of group revenue is generated through copper sales, and the remainder is primarily through sales of silver, while a minor portion is generated through the production of gold, salt and casting of light metals. The materials are sold domestically, and exported to Germany, China, the U.S., the United Kingdom and the Czech Republic, among many other European nations. KGHM Polska Miedz SA is also involved in construction and engineering, through its wholly owned subsidiary Bipromet SA.

KGHM Polska Miedz (LTS:0O8D) Headlines

No Headlines