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AT&S Austria Technologie & Systemtechnik AG (XTER:AUS) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AT&S Austria Technologie & Systemtechnik 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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AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted Price-to-FCF Chart

AT&S Austria Technologie & Systemtechnik AG Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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AT&S Austria Technologie & Systemtechnik AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, AT&S Austria Technologie & Systemtechnik 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.


AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted Price-to-FCF falls into.



AT&S Austria Technologie & Systemtechnik 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.

AT&S Austria Technologie & Systemtechnik AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, AT&S Austria Technologie & Systemtechnik AG's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.673/132.5695*132.5695
=-0.673

Current CPI (Dec. 2023) = 132.5695.

AT&S Austria Technologie & Systemtechnik AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.050 99.044 0.067
201406 -0.465 99.496 -0.620
201409 -0.956 99.586 -1.273
201412 0.514 99.676 0.684
201503 0.355 99.992 0.471
201506 -0.069 100.492 -0.091
201509 -1.029 100.292 -1.360
201512 -0.115 100.692 -0.151
201603 -1.820 100.692 -2.396
201606 -2.024 101.092 -2.654
201609 -2.013 101.192 -2.637
201612 -0.554 102.092 -0.719
201703 1.901 102.592 2.456
201706 -3.063 102.991 -3.943
201709 1.741 103.591 2.228
201712 1.214 104.291 1.543
201803 0.140 104.491 0.178
201806 -0.322 105.091 -0.406
201809 0.839 105.691 1.052
201812 1.797 106.291 2.241
201903 -0.522 106.391 -0.650
201906 -0.546 106.791 -0.678
201909 -0.224 106.991 -0.278
201912 1.571 108.091 1.927
202003 -1.663 108.024 -2.041
202006 -1.387 107.915 -1.704
202009 -1.503 108.348 -1.839
202012 -0.404 109.321 -0.490
202103 -3.226 110.186 -3.881
202106 -3.164 110.943 -3.781
202109 -2.099 111.916 -2.486
202112 2.573 113.971 2.993
202203 5.460 117.647 6.153
202206 -1.835 120.567 -2.018
202209 -3.983 123.811 -4.265
202212 -5.083 125.541 -5.368
202303 -5.177 128.460 -5.343
202306 -1.131 130.191 -1.152
202309 -3.439 131.272 -3.473
202312 -0.673 132.570 -0.673

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.


AT&S Austria Technologie & Systemtechnik AG  (XTER:AUS) 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.


AT&S Austria Technologie & Systemtechnik AG Cyclically Adjusted Price-to-FCF Related Terms

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AT&S Austria Technologie & Systemtechnik AG (XTER:AUS) Business Description

Traded in Other Exchanges
Address
Fabriksgasse 13, Leoben-Hinterberg, AUT, 8700
AT&S Austria Technologie & Systemtechnik AG manufactures printed circuit boards and operates through three segments: Mobile Devices and Substrates; Automotive, Industrial and Medical; and Others. The products are manufactured in the European and Asian markets and are directly distributed to original equipment manufacturers as well as contract electronic manufacturers. It has a wide geographical reach with production facilities in Austria (Leoben and Fehring) and plants in India (Nanjangud), China (Shanghai, Chongqing) and Korea (Ansan, near Seoul). Majority of its revenues are derived from the Mobile Devices and Substrates segment, which is responsible for the production of printed circuit boards.
Executives
Doktor Peter Schneider Board of Directors