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Celanese (FRA:DG3) Cyclically Adjusted Price-to-FCF : 17.31 (As of Jun. 08, 2024)


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What is Celanese Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Celanese's current share price is €134.65. Celanese's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €7.78. Celanese's Cyclically Adjusted Price-to-FCF for today is 17.31.

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

FRA:DG3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.89   Med: 29   Max: 45.75
Current: 17.2

During the past years, Celanese's highest Cyclically Adjusted Price-to-FCF was 45.75. The lowest was 12.89. And the median was 29.00.

FRA:DG3's Cyclically Adjusted Price-to-FCF is ranked better than
63.02% of 576 companies
in the Chemicals industry
Industry Median: 24.635 vs FRA:DG3: 17.20

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.

Celanese's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.302. 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 €7.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Celanese Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Celanese'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.

Celanese Cyclically Adjusted Price-to-FCF Chart

Celanese 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 34.14 28.67 28.20 14.07 18.48

Celanese Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15.34 15.21 16.03 18.48 20.18

Competitive Comparison of Celanese's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Celanese'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.


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

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

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



Celanese 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=134.65/7.78
=17.31

* 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.

Celanese's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Celanese'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)
=-0.302/131.7762*131.7762
=-0.302

Current CPI (Mar. 2024) = 131.7762.

Celanese Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.604 100.560 0.791
201409 0.940 100.428 1.233
201412 -0.250 99.070 -0.333
201503 0.648 99.621 0.857
201506 0.683 100.684 0.894
201509 0.407 100.392 0.534
201512 0.290 99.792 0.383
201603 1.315 100.470 1.725
201606 1.761 101.688 2.282
201609 1.516 101.861 1.961
201612 -0.710 101.863 -0.919
201703 0.862 102.862 1.104
201706 1.562 103.349 1.992
201709 1.170 104.136 1.481
201712 -0.180 104.011 -0.228
201803 0.339 105.290 0.424
201806 3.178 106.317 3.939
201809 2.454 106.507 3.036
201812 1.791 105.998 2.227
201903 1.574 107.251 1.934
201906 2.525 108.070 3.079
201909 2.320 108.329 2.822
201912 1.354 108.420 1.646
202003 1.057 108.902 1.279
202006 2.176 108.767 2.636
202009 2.571 109.815 3.085
202012 1.333 109.897 1.598
202103 0.177 111.754 0.209
202106 2.333 114.631 2.682
202109 4.042 115.734 4.602
202112 3.380 117.630 3.786
202203 1.492 121.301 1.621
202206 3.216 125.017 3.390
202209 3.037 125.227 3.196
202212 3.432 125.222 3.612
202303 -2.224 127.348 -2.301
202306 5.210 128.729 5.333
202309 2.329 129.860 2.363
202312 5.879 129.419 5.986
202403 -0.302 131.776 -0.302

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.


Celanese  (FRA:DG3) 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.


Celanese Cyclically Adjusted Price-to-FCF Related Terms

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


Celanese (FRA:DG3) Business Description

Industry
Traded in Other Exchanges
Address
222 W. Las Colinas Boulevard, Suite 900N, Irving, TX, USA, 75039-5421
Celanese is one of the world's largest producers of acetic acid and its downstream derivative chemicals, which are used in various end markets, including coatings and adhesives. The company is also one of the largest producers of specialty polymers, which are used in the automotive, electronics, medical, building, and consumer end markets. The company also makes cellulose derivatives used in cigarette filters.

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