GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Schindler Holding AG (OTCPK:SHLRF) » Definitions » Cyclically Adjusted FCF per Share

Schindler Holding AG (Schindler Holding AG) Cyclically Adjusted FCF per Share : $13.85 (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Schindler Holding AG 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.

Schindler Holding AG's adjusted free cash flow per share for the three months ended in Mar. 2024 was $5.042. 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 $13.85 for the trailing ten years ended in Mar. 2024.

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 Schindler Holding AG was 6.20% per year. The lowest was 6.20% per year. And the median was 6.20% per year.

As of today (2024-05-16), Schindler Holding AG's current stock price is $248.50. Schindler Holding AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $13.85. Schindler Holding AG's Cyclically Adjusted Price-to-FCF of today is 17.94.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Schindler Holding AG was 30.80. The lowest was 16.07. And the median was 26.07.


Schindler Holding AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Schindler Holding AG'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.

Schindler Holding AG Cyclically Adjusted FCF per Share Chart

Schindler Holding AG 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 8.83 10.27 10.49 - -

Schindler Holding AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
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 - 12.73 11.24 - 13.85

Competitive Comparison of Schindler Holding AG's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Schindler Holding 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.


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

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

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



Schindler Holding AG 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, Schindler Holding 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)
=5.042/107.3549*107.3549
=5.042

Current CPI (Mar. 2024) = 107.3549.

Schindler Holding AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 3.427 101.224 3.635
201406 0.461 101.517 0.488
201409 1.911 101.247 2.026
201412 2.723 100.704 2.903
201503 2.855 100.339 3.055
201506 1.375 100.464 1.469
201509 2.011 99.785 2.164
201512 3.545 99.386 3.829
201603 2.947 99.475 3.180
201606 0.906 100.088 0.972
201609 2.072 99.604 2.233
201612 2.477 99.380 2.676
201703 3.078 100.040 3.303
201706 0.818 100.285 0.876
201709 0.939 100.254 1.006
201712 6.689 100.213 7.166
201803 3.046 100.836 3.243
201806 0.977 101.435 1.034
201809 -1.372 101.246 -1.455
201812 6.794 100.906 7.228
201903 2.282 101.571 2.412
201906 0.799 102.044 0.841
201909 -0.352 101.396 -0.373
201912 8.309 101.063 8.826
202003 2.909 101.048 3.091
202006 3.054 100.743 3.254
202009 -2.993 100.585 -3.194
202012 13.213 100.241 14.151
202103 4.338 100.800 4.620
202106 2.698 101.352 2.858
202109 -4.617 101.533 -4.882
202112 10.864 101.776 11.460
202203 0.000 103.205 0.000
202206 0.000 104.783 0.000
202209 0.000 104.835 0.000
202212 0.000 104.666 0.000
202303 2.635 106.245 2.663
202306 2.479 106.576 2.497
202312 0.000 106.461 0.000
202403 5.042 107.355 5.042

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


Schindler Holding AG  (OTCPK:SHLRF) 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.

Schindler Holding AG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=248.50/13.85
=17.94

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Schindler Holding AG was 30.80. The lowest was 16.07. And the median was 26.07.


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.


Schindler Holding AG Cyclically Adjusted FCF per Share Related Terms

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


Schindler Holding AG (Schindler Holding AG) Business Description

Address
Seestrasse 55, Hergiswil, CHE, 6052
Switzerland-based Schindler is a top-four global supplier of elevators and escalators. The business generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing existing installations. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. Ninety percent of its business is in elevators, which are more numerous globally than escalators. Its business model is similar to that of closest competitors Otis, Kone, and TK Elevator.

Schindler Holding AG (Schindler Holding AG) Headlines

From GuruFocus

David Herro Comments on Schindler Holding

By Holly LaFon Holly LaFon 01-09-2014

David Herro Comments on Schindler Holding

By Sydnee Gatewood 10-12-2022

Schindler Holdings Has Been Going Up for Years

By Holmes Osborne, CFA Holmes Osborne, CFA 12-11-2015