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Andersons (FRA:AKG) Cyclically Adjusted FCF per Share : €-1.48 (As of Dec. 2023)


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What is Andersons Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Andersons's adjusted free cash flow per share for the three months ended in Dec. 2023 was €5.517. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €-1.48 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -13.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -8.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Andersons was 57.30% per year. The lowest was -133.80% per year. And the median was 4.40% per year.

As of today (2024-05-04), Andersons's current stock price is €52.20. Andersons's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €-1.48. Andersons's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Andersons was 1760.00. The lowest was 27.52. And the median was 144.77.


Andersons Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Andersons's Cyclically Adjusted FCF per Share 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.

Andersons Cyclically Adjusted FCF per Share Chart

Andersons Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.56 -0.88 -2.12 -2.75 -1.48

Andersons Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 -2.75 -2.02 -1.80 -1.37 -1.48

Competitive Comparison of Andersons's Cyclically Adjusted FCF per Share

For the Food Distribution subindustry, Andersons'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.


Andersons's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Andersons's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Andersons Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Andersons'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)
=5.517/129.4194*129.4194
=5.517

Current CPI (Dec. 2023) = 129.4194.

Andersons Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -13.273 99.695 -17.230
201406 5.401 100.560 6.951
201409 9.158 100.428 11.802
201412 -5.122 99.070 -6.691
201503 -10.165 99.621 -13.206
201506 5.508 100.684 7.080
201509 1.410 100.392 1.818
201512 2.087 99.792 2.707
201603 -9.187 100.470 -11.834
201606 0.980 101.688 1.247
201609 5.766 101.861 7.326
201612 -1.680 101.863 -2.134
201703 -8.593 102.862 -10.812
201706 4.150 103.349 5.197
201709 2.481 104.136 3.083
201712 -1.763 104.011 -2.194
201803 -12.569 105.290 -15.450
201806 8.181 106.317 9.959
201809 0.012 106.507 0.015
201812 -5.556 105.998 -6.784
201903 -4.973 107.251 -6.001
201906 -0.888 108.070 -1.063
201909 9.499 108.329 11.348
201912 -1.291 108.420 -1.541
202003 -7.197 108.902 -8.553
202006 9.072 108.767 10.795
202009 0.873 109.815 1.029
202012 -6.989 109.897 -8.231
202103 -11.639 111.754 -13.479
202106 4.468 114.631 5.044
202109 8.714 115.734 9.744
202112 -4.968 117.630 -5.466
202203 -29.108 121.301 -31.056
202206 8.421 125.017 8.718
202209 15.836 125.227 16.366
202212 11.027 125.222 11.397
202303 -9.973 127.348 -10.135
202306 13.276 128.729 13.347
202309 12.439 129.860 12.397
202312 5.517 129.419 5.517

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Andersons  (FRA:AKG) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Andersons was 1760.00. The lowest was 27.52. And the median was 144.77.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Andersons Cyclically Adjusted FCF per Share Related Terms

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


Andersons (FRA:AKG) Business Description

Traded in Other Exchanges
Address
1947 Briarfield Boulevard, PO Box 119, Maumee, OH, USA, 43537
Andersons Inc is an agriculture company that conducts business in North America. Its operations are segmented into trade, ethanol, plant nutrient, and rail. The trade group operates grain elevators and generates income through buying and selling grains, fuel, and space leasing. The trade group contributes over half the company's revenue. The ethanol segment buys and sells corn oil and ethanol, offers facility operations, and invests in ethanol plants. The plant nutrient group manufactures, distributes, and sells fertilizer and plant nutrients. The company's rail segment leases, repairs, and sells railway facilities.

Andersons (FRA:AKG) Headlines

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