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KAP AG (FRA:IUR) Cyclically Adjusted Price-to-FCF : 52.17 (As of May. 24, 2024)


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

As of today (2024-05-24), KAP AG's current share price is €12.00. KAP AG's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 was €0.23. KAP AG's Cyclically Adjusted Price-to-FCF for today is 52.17.

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

FRA:IUR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 32.89   Med: 51.74   Max: 86.96
Current: 51.64

During the past years, KAP AG's highest Cyclically Adjusted Price-to-FCF was 86.96. The lowest was 32.89. And the median was 51.74.

FRA:IUR's Cyclically Adjusted Price-to-FCF is ranked worse than
81.77% of 203 companies
in the Conglomerates industry
Industry Median: 19.82 vs FRA:IUR: 51.64

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.

KAP AG's adjusted free cash flow per share data for the three months ended in Jun. 2023 was €-1.171. 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 €0.23 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


KAP AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for KAP 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.

KAP AG Cyclically Adjusted Price-to-FCF Chart

KAP AG 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 - - - 33.45 -

KAP AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - 33.45 37.04 80.29 -

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

For the Conglomerates subindustry, KAP 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.


KAP AG's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

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

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



KAP 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.00/0.23
=52.17

* 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.

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

For example, KAP AG's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-1.171/123.1404*123.1404
=-1.171

Current CPI (Jun. 2023) = 123.1404.

KAP AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200906 0.000 92.359 0.000
200912 0.000 92.919 0.000
201006 0.000 93.199 0.000
201012 0.000 94.132 0.000
201106 0.000 95.158 0.000
201112 0.000 95.998 0.000
201206 0.000 96.744 0.000
201212 0.000 97.957 0.000
201306 0.000 98.516 0.000
201312 0.000 99.356 0.000
201406 0.000 99.543 0.000
201412 0.000 99.543 0.000
201506 0.000 100.417 0.000
201512 0.000 99.717 0.000
201606 0.000 100.717 0.000
201612 0.000 101.217 0.000
201706 0.000 102.117 0.000
201712 0.000 102.617 0.000
201803 -1.891 102.917 -2.263
201806 0.433 104.017 0.513
201809 -1.104 104.718 -1.298
201812 2.128 104.217 2.514
201903 -0.570 104.217 -0.673
201906 0.947 105.718 1.103
201909 1.540 106.018 1.789
201912 0.385 105.818 0.448
202003 0.276 105.718 0.321
202006 0.960 106.618 1.109
202009 2.325 105.818 2.706
202012 0.332 105.518 0.387
202103 -1.509 107.518 -1.728
202106 -1.050 108.486 -1.192
202109 -0.253 109.435 -0.285
202112 -0.132 110.384 -0.147
202203 -2.430 113.968 -2.626
202206 2.309 115.760 2.456
202209 -2.824 118.818 -2.927
202212 2.041 119.345 2.106
202303 0.124 122.402 0.125
202306 -1.171 123.140 -1.171

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.


KAP AG  (FRA:IUR) 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.


KAP AG Cyclically Adjusted Price-to-FCF Related Terms

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


KAP AG (FRA:IUR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » KAP AG (FRA:IUR) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Edelzeller Strasse 44, Fulda, HE, DEU, 36043
KAP AG is a German industrial holding company that provides engineered products and automotive components. The Flexible films segment generates maximum revenue, it is into extrusion coatings, calendaring and the conditioning of coated products. The engineered products segment includes develops, produces and sells technical fabrics and yarns whereas Surface technologies with chemical and physical conditioning specialized surface processes for refining metallic materials such as aluminum, magnesium, zinc die-casting or steel. Precision components segment manufacturers the precision components Geographically, the business presence of the firm is seen in the region of Germany, Rest of Europe, North/South America, Asia and in Other Countries.

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