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Kemira Oyj (OHEL:KEMIRA) Cyclically Adjusted Price-to-FCF : 24.62 (As of Apr. 27, 2024)


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What is Kemira Oyj Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Kemira Oyj's current share price is €19.20. Kemira Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.78. Kemira Oyj's Cyclically Adjusted Price-to-FCF for today is 24.62.

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

OHEL:KEMIRA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.31   Med: 22.81   Max: 31.64
Current: 22.3

During the past years, Kemira Oyj's highest Cyclically Adjusted Price-to-FCF was 31.64. The lowest was 16.31. And the median was 22.81.

OHEL:KEMIRA's Cyclically Adjusted Price-to-FCF is ranked better than
52.12% of 566 companies
in the Chemicals industry
Industry Median: 23.705 vs OHEL:KEMIRA: 22.30

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.

Kemira Oyj's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €0.391. 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 €0.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kemira Oyj Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kemira Oyj'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.

Kemira Oyj Cyclically Adjusted Price-to-FCF Chart

Kemira Oyj 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 28.93 24.27 29.41 24.22 21.54

Kemira Oyj Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 24.22 25.40 20.90 19.33 21.54

Competitive Comparison of Kemira Oyj's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Kemira Oyj'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.


Kemira Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kemira Oyj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kemira Oyj 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.

Kemira Oyj's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.20/0.78
=24.62

* 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.

Kemira Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kemira Oyj'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)
=0.391/121.2200*121.2200
=0.391

Current CPI (Dec. 2023) = 121.2200.

Kemira Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.082 100.174 -0.099
201406 -0.242 100.147 -0.293
201409 0.055 100.726 0.066
201412 -0.170 100.229 -0.206
201503 0.101 100.120 0.122
201506 -0.214 100.030 -0.259
201509 0.208 100.130 0.252
201512 0.364 99.990 0.441
201603 -0.034 100.080 -0.041
201606 0.090 100.390 0.109
201609 0.239 100.540 0.288
201612 0.085 101.020 0.102
201703 -0.162 100.910 -0.195
201706 -0.109 101.140 -0.131
201709 0.322 101.320 0.385
201712 0.071 101.510 0.085
201803 0.074 101.730 0.088
201806 -0.107 102.320 -0.127
201809 0.196 102.600 0.232
201812 0.229 102.710 0.270
201903 0.241 102.870 0.284
201906 0.113 103.360 0.133
201909 0.454 103.540 0.532
201912 0.392 103.650 0.458
202003 0.092 103.490 0.108
202006 0.109 103.320 0.128
202009 0.443 103.710 0.518
202012 0.524 103.890 0.611
202103 -0.083 104.870 -0.096
202106 0.040 105.360 0.046
202109 0.337 106.290 0.384
202112 0.040 107.490 0.045
202203 -0.242 110.950 -0.264
202206 0.020 113.570 0.021
202209 0.462 114.920 0.487
202212 1.067 117.320 1.102
202303 0.436 119.750 0.441
202306 0.607 120.690 0.610
202309 0.765 121.280 0.765
202312 0.391 121.220 0.391

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.


Kemira Oyj  (OHEL:KEMIRA) 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.


Kemira Oyj Cyclically Adjusted Price-to-FCF Related Terms

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


Kemira Oyj (OHEL:KEMIRA) Business Description

Industry
Traded in Other Exchanges
Address
Energiakatu 4, P.O. Box 330, Helsinki, FIN, FI-00180
Kemira Oyj offers sustainable chemical solutions for water-intensive industries. The company provides best-suited products and expertise to improve its customers' product quality, process, and resource efficiency. It focuses on pulp and paper, water treatment, and oil and gas industries.

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