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Andersons (FRA:AKG) Cyclically Adjusted Price-to-FCF : (As of May. 04, 2024)


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What is Andersons Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Andersons Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Andersons'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.

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Andersons Cyclically Adjusted Price-to-FCF Chart

Andersons Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Andersons Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Andersons's Cyclically Adjusted Price-to-FCF

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 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.

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

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.

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.


Andersons  (FRA:AKG) 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.


Andersons Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Andersons's Cyclically Adjusted Price-to-FCF 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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