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KION GROUP AG (XTER:KGX) Cyclically Adjusted Price-to-FCF : 9.06 (As of May. 22, 2024)


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What is KION GROUP AG Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), KION GROUP AG's current share price is €45.23. KION GROUP AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.99. KION GROUP AG's Cyclically Adjusted Price-to-FCF for today is 9.06.

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

XTER:KGX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.46   Med: 12.24   Max: 22.76
Current: 9.03

During the past years, KION GROUP AG's highest Cyclically Adjusted Price-to-FCF was 22.76. The lowest was 4.46. And the median was 12.24.

XTER:KGX's Cyclically Adjusted Price-to-FCF is ranked better than
86.46% of 96 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 26.84 vs XTER:KGX: 9.03

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.

KION GROUP AG's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.059. 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 €4.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


KION GROUP AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for KION GROUP 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.

* Premium members only.

KION GROUP AG Cyclically Adjusted Price-to-FCF Chart

KION GROUP AG 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 15.67 16.96 21.60 6.62 8.05

KION GROUP AG 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 8.30 8.27 7.92 8.05 9.78

Competitive Comparison of KION GROUP AG's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, KION GROUP 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.


KION GROUP AG's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, KION GROUP AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



KION GROUP 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.

KION GROUP AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=45.23/4.99
=9.06

* 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.

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

For example, KION GROUP 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)
=1.059/125.0381*125.0381
=1.059

Current CPI (Mar. 2024) = 125.0381.

KION GROUP AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.335 99.543 0.421
201409 0.741 99.823 0.928
201412 2.052 99.543 2.578
201503 -0.092 99.717 -0.115
201506 0.195 100.417 0.243
201509 0.957 100.417 1.192
201512 2.081 99.717 2.609
201603 0.050 100.017 0.063
201606 0.073 100.717 0.091
201609 0.659 101.017 0.816
201612 1.513 101.217 1.869
201703 0.760 101.417 0.937
201706 0.587 102.117 0.719
201709 0.369 102.717 0.449
201712 2.861 102.617 3.486
201803 0.118 102.917 0.143
201806 -0.112 104.017 -0.135
201809 0.798 104.718 0.953
201812 3.466 104.217 4.158
201903 1.111 104.217 1.333
201906 -0.521 105.718 -0.616
201909 1.414 106.018 1.668
201912 5.272 105.818 6.230
202003 -0.513 105.718 -0.607
202006 0.491 106.618 0.576
202009 1.464 105.818 1.730
202012 2.936 105.518 3.479
202103 2.532 107.518 2.945
202106 0.807 108.486 0.930
202109 -0.741 109.435 -0.847
202112 4.128 110.384 4.676
202203 -2.707 113.968 -2.970
202206 -0.596 115.760 -0.644
202209 -2.252 118.818 -2.370
202212 2.915 119.345 3.054
202303 1.319 122.402 1.347
202306 1.606 123.140 1.631
202309 1.645 124.195 1.656
202312 4.156 123.773 4.198
202403 1.059 125.038 1.059

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.


KION GROUP AG  (XTER:KGX) 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.


KION GROUP AG Cyclically Adjusted Price-to-FCF Related Terms

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


KION GROUP AG (XTER:KGX) Business Description

Traded in Other Exchanges
Address
Thea-Rasche-Strasse 8, Frankfurt am Main, HE, DEU, 60549
Kion Group is the number-two forklift truck manufacturer globally, after Toyota, and the number-one global warehouse automation equipment supplier. The Germany-headquartered company gets 70% of its revenue from the sale of new forklifts and maintenance services. Another roughly 30%, and growing portion, comes from warehouse automation equipment under the Dematic division, which caters to sectors such as e-commerce, third-party logistics, and supermarkets. Kion's forklift trucks and warehouse equipment service the same end markets.
Executives
Valeria Jimena Gargiulo Board of Directors
Hasan Dandashly Board of Directors
Andreas Ulf Krinninger Board of Directors
Andreas Krinninger Board of Directors
Dr. Henry Puhl Board of Directors

KION GROUP AG (XTER:KGX) Headlines

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