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Lenzing AG (STU:LEN) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Lenzing AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lenzing 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.

Lenzing AG Cyclically Adjusted Price-to-FCF Chart

Lenzing AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Lenzing AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Lenzing AG's Cyclically Adjusted Price-to-FCF

For the Textile Manufacturing subindustry, Lenzing 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.


Lenzing AG's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lenzing AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Lenzing 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.

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

For example, Lenzing 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)
=2.264/133.7589*133.7589
=2.264

Current CPI (Mar. 2024) = 133.7589.

Lenzing AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.081 99.496 1.453
201409 1.159 99.586 1.557
201412 1.316 99.676 1.766
201503 0.871 99.992 1.165
201506 1.559 100.492 2.075
201509 2.218 100.292 2.958
201512 0.130 100.692 0.173
201603 2.916 100.692 3.874
201606 4.599 101.092 6.085
201609 2.723 101.192 3.599
201612 1.824 102.092 2.390
201703 2.610 102.592 3.403
201706 1.620 102.991 2.104
201709 0.191 103.591 0.247
201712 -3.362 104.291 -4.312
201803 1.640 104.491 2.099
201806 -0.303 105.091 -0.386
201809 1.080 105.691 1.367
201812 -1.671 106.291 -2.103
201903 0.920 106.391 1.157
201906 0.026 106.791 0.033
201909 -0.575 106.991 -0.719
201912 -0.353 108.091 -0.437
202003 -3.532 108.024 -4.373
202006 -5.924 107.915 -7.343
202009 -5.775 108.348 -7.129
202012 -6.148 109.321 -7.522
202103 -3.300 110.186 -4.006
202106 -4.159 110.943 -5.014
202109 -3.208 111.916 -3.834
202112 -4.173 113.971 -4.898
202203 -3.409 117.647 -3.876
202206 -10.164 120.567 -11.276
202209 -4.657 123.811 -5.031
202212 -9.202 125.541 -9.804
202303 -4.983 128.460 -5.189
202306 -0.862 130.191 -0.886
202309 0.593 131.272 0.604
202312 0.801 132.570 0.808
202403 2.264 133.759 2.264

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.


Lenzing AG  (STU:LEN) 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.


Lenzing AG Cyclically Adjusted Price-to-FCF Related Terms

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Lenzing AG (STU:LEN) Business Description

Traded in Other Exchanges
Address
Werkstrasse 2, Lenzing, AUT, 4860
Lenzing AG manufactures and sells wood-based cellulose fibers and other chemical-based products. The company's segment includes The Division Fiber produces all three generations of wood-based cellulosic fibers and markets them under the product brands TENCEL, VEOCEL, LENZING ECOVERO, and LENZING. the products made from lyocell, modal, and viscose fibers are used for the production of textiles as well as nonwovens and special applications, The Division Pulp produces and procures dissolving pulp for fiber production. The pulp is used for the company's own cellulosic fiber production and marketed externally, and Others include central headquarters functions. It derives a majority of its revenue from the Division fiber segment.

Lenzing AG (STU:LEN) Headlines

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