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Siemens AG (XTER:SIE) Cyclically Adjusted Price-to-FCF : 18.56 (As of Apr. 27, 2024)


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What is Siemens AG Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Siemens AG's current share price is €177.62. Siemens AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €9.57. Siemens AG's Cyclically Adjusted Price-to-FCF for today is 18.56.

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

XTER:SIE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.63   Med: 15.77   Max: 20.58
Current: 18.56

During the past years, Siemens AG's highest Cyclically Adjusted Price-to-FCF was 20.58. The lowest was 8.63. And the median was 15.77.

XTER:SIE's Cyclically Adjusted Price-to-FCF is ranked better than
73.92% of 1016 companies
in the Industrial Products industry
Industry Median: 32.505 vs XTER:SIE: 18.56

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.

Siemens AG's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €1.312. 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 €9.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siemens AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Siemens 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.

Siemens AG Cyclically Adjusted Price-to-FCF Chart

Siemens AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.51 15.37 18.83 11.50 14.47

Siemens AG 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 14.75 16.40 16.29 14.47 17.76

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

For the Specialty Industrial Machinery subindustry, Siemens 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.


Siemens AG's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Siemens AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Siemens 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=177.62/9.57
=18.56

* 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.

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

For example, Siemens 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)
=1.312/123.6675*123.6675
=1.312

Current CPI (Dec. 2023) = 123.6675.

Siemens AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.664 99.543 2.067
201406 1.254 99.543 1.558
201409 4.110 99.823 5.092
201412 -0.135 99.543 -0.168
201503 -0.275 99.717 -0.341
201506 0.822 100.417 1.012
201509 5.321 100.417 6.553
201512 -0.892 99.717 -1.106
201603 0.991 100.017 1.225
201606 2.221 100.717 2.727
201609 4.359 101.017 5.336
201612 0.869 101.217 1.062
201703 0.891 101.417 1.086
201706 1.130 102.117 1.368
201709 2.862 102.717 3.446
201712 1.052 102.617 1.268
201803 0.952 102.917 1.144
201806 1.065 104.017 1.266
201809 3.994 104.718 4.717
201812 -0.417 104.217 -0.495
201903 0.974 104.217 1.156
201906 0.791 105.718 0.925
201909 6.794 106.018 7.925
201912 0.234 105.818 0.273
202003 0.401 105.718 0.469
202006 3.341 106.618 3.875
202009 5.088 105.818 5.946
202012 1.212 105.518 1.420
202103 1.516 107.518 1.744
202106 2.792 108.486 3.183
202109 4.665 109.435 5.272
202112 1.345 110.384 1.507
202203 1.628 113.968 1.767
202206 2.850 115.760 3.045
202209 4.336 118.818 4.513
202212 0.106 119.345 0.110
202303 2.930 122.402 2.960
202306 3.671 123.140 3.687
202309 5.796 124.195 5.771
202312 1.312 123.668 1.312

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.


Siemens AG  (XTER:SIE) 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.


Siemens AG Cyclically Adjusted Price-to-FCF Related Terms

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


Siemens AG (XTER:SIE) Business Description

Industry
Address
Werner-von-Siemens-Strabe 1, Munich, BY, DEU, 80333
Siemens AG is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 75% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.
Executives
Martina Merz Supervisory Board
Bettina Haller Supervisory Board
Christian Pfeiffer Supervisory Board
Matthias Rebellius Board of Directors
Judith Wiese Board of Directors
Dr. Nathalie Von Siemens Supervisory Board

Siemens AG (XTER:SIE) Headlines

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