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Kimball International (Kimball International) Cyclically Adjusted Price-to-FCF : (As of May. 27, 2024)


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What is Kimball International Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kimball International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kimball International'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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Kimball International Cyclically Adjusted Price-to-FCF Chart

Kimball International Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted Price-to-FCF
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Kimball International Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of Kimball International's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, Kimball International'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.


Kimball International's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kimball International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kimball International 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.

Kimball International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Kimball International's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.512/127.3478*127.3478
=0.512

Current CPI (Mar. 2023) = 127.3478.

Kimball International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 0.417 98.518 0.539
201309 0.242 98.790 0.312
201312 0.517 98.326 0.670
201403 0.265 99.695 0.339
201406 -0.083 100.560 -0.105
201409 -0.462 100.428 -0.586
201412 0.007 99.070 0.009
201503 0.111 99.621 0.142
201506 -0.126 100.684 -0.159
201509 0.012 100.392 0.015
201512 0.157 99.792 0.200
201603 0.537 100.470 0.681
201606 0.174 101.688 0.218
201609 0.277 101.861 0.346
201612 0.416 101.863 0.520
201703 0.403 102.862 0.499
201706 0.285 103.349 0.351
201709 0.011 104.136 0.013
201712 0.074 104.011 0.091
201803 0.195 105.290 0.236
201806 0.378 106.317 0.453
201809 0.064 106.507 0.077
201812 0.291 105.998 0.350
201903 0.355 107.251 0.422
201906 0.482 108.070 0.568
201909 0.099 108.329 0.116
201912 -0.102 108.420 -0.120
202003 -0.045 108.902 -0.053
202006 0.285 108.767 0.334
202009 0.617 109.815 0.716
202012 -0.200 109.897 -0.232
202103 -0.059 111.754 -0.067
202106 -0.153 114.631 -0.170
202109 0.219 115.734 0.241
202112 -0.190 117.630 -0.206
202203 -0.633 121.301 -0.665
202206 -0.198 125.017 -0.202
202209 0.343 125.227 0.349
202212 0.200 125.222 0.203
202303 0.512 127.348 0.512

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.


Kimball International  (NAS:KBAL) 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.


Kimball International Cyclically Adjusted Price-to-FCF Related Terms

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Kimball International (Kimball International) Business Description

Traded in Other Exchanges
N/A
Address
1600 Royal Street, Jasper, IN, USA, 47546-2256
Kimball International Inc operates in the omnichannel commercial furnishing business. The company specializes in making furniture for the workplace, health, and hospitality markets. The workplace market area includes commercial, education, government, and financial segments and eBusiness. The company's furniture brand portfolio comprises Kimball, National, Interwoven, Kimball Hospitality, D'style, and Poppin.
Executives
Christopher M Robison officer: INTERIM PRESIDENT POPPIN C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546-225
Willi Candra officer: Chief Digital & Info Officer C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546-225
Timothy J Wolfe officer: EVP & CFO 1600 ROYAL STREET, JASPER IN 47546
Michael J. Roch officer: EVP, CCO, Workplace and Health C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546
Kourtney L Smith officer: EVP 1600 ROYAL STREET, JASPER IN 47549
Darren S Gress other: CORPORATE CONTROLLER 1600 ROYAL STREET, JASPER IN 47549
Valerie R Love director 1600 ROYAL STREET, JASPER IN 47546
Timothy J Jahnke director 115 ANSLEY WAY, ROSWELL GA 30075
Susan B Frampton director 1600 ROYAL ST, JASPER IN 47549
Scott M Settersten director 1000 REMINGTON BLVD., SUITE 120, BOLINGBROOK IL 60440
Geoffrey L Stringer director 1600 ROYAL ST, JASPER IN 47549
Patrick E Connolly director 1600 ROYAL ST, JASPER IN 47549
Kimberly K Ryan director ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Thomas J Tischhauser director 1600 ROYAL STREET, JASPER IN 47549
Michelle Rene Schroeder officer: EVP, CHIEF FINANCIAL OFFICER 1600 ROYAL STREET, JASPER IN 47549