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Paul Hartmann AG (STU:PHH2) Cyclically Adjusted Price-to-FCF : 8.53 (As of Jun. 01, 2024)


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What is Paul Hartmann AG Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Paul Hartmann AG's current share price is €202.00. Paul Hartmann AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €23.69. Paul Hartmann AG's Cyclically Adjusted Price-to-FCF for today is 8.53.

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

STU:PHH2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.88   Med: 12.91   Max: 16.13
Current: 8.49

During the past 13 years, Paul Hartmann AG's highest Cyclically Adjusted Price-to-FCF was 16.13. The lowest was 7.88. And the median was 12.91.

STU:PHH2's Cyclically Adjusted Price-to-FCF is ranked better than
92.77% of 235 companies
in the Medical Devices & Instruments industry
Industry Median: 43.63 vs STU:PHH2: 8.49

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.

Paul Hartmann AG's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €33.131. 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 €23.69 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Paul Hartmann AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Paul Hartmann 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.

Paul Hartmann AG Cyclically Adjusted Price-to-FCF Chart

Paul Hartmann 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 12.70 12.81 12.76 9.68 8.61

Paul Hartmann AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 12.76 - 9.68 - 8.61

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

For the Medical Instruments & Supplies subindustry, Paul Hartmann 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.


Paul Hartmann AG's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Paul Hartmann AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Paul Hartmann 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=202.00/23.69
=8.53

* 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.

Paul Hartmann AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Paul Hartmann AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=33.131/123.7729*123.7729
=33.131

Current CPI (Dec23) = 123.7729.

Paul Hartmann AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 27.599 99.543 34.317
201512 17.734 99.717 22.012
201612 23.361 101.217 28.567
201712 37.957 102.617 45.782
201812 17.667 104.217 20.982
201912 21.259 105.818 24.866
202012 54.449 105.518 63.869
202112 0.377 110.384 0.423
202212 -33.547 119.345 -34.792
202312 33.131 123.773 33.131

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.


Paul Hartmann AG  (STU:PHH2) 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.


Paul Hartmann AG Cyclically Adjusted Price-to-FCF Related Terms

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


Paul Hartmann AG (STU:PHH2) Business Description

Traded in Other Exchanges
Address
Paul-Hartmann-Strasse 12, Heidenheim, DEU, 89522
Paul Hartmann AG engages in the production of medical and hygiene products. It operates through Wound Management, Incontinence Management and Infection Management and other segments. The Wound segment comprises wound dressing and treatment, compression therapy, first aid, immobilization, and diagnostics. The Incontinence segment provides incontinence hygiene, patient care, and medical skin care. The Infection segment consists of custom procedure trays, surgical draping systems, disposable surgical instruments, and disinfectants. The Other activities include activities in cotton-wool products, medical consumer goods and pharmaceutical products and others. All the activities are functioned through the region of US and derive revenue through the sale of medical and hygiene products.
Executives
Eduard Schleicher Supervisory Board
Britta Fünfstück Board of Directors

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