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DF Deutsche Forfait AG (XTER:DFTK) Cyclically Adjusted Price-to-FCF : 11.57 (As of May. 23, 2024)


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What is DF Deutsche Forfait AG Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), DF Deutsche Forfait AG's current share price is €1.62. DF Deutsche Forfait AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €0.14. DF Deutsche Forfait AG's Cyclically Adjusted Price-to-FCF for today is 11.57.

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

XTER:DFTK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.1   Med: 0.95   Max: 13.36
Current: 11.55

During the past 13 years, DF Deutsche Forfait AG's highest Cyclically Adjusted Price-to-FCF was 13.36. The lowest was 0.10. And the median was 0.95.

XTER:DFTK's Cyclically Adjusted Price-to-FCF is ranked better than
66.81% of 229 companies
in the Capital Markets industry
Industry Median: 18.86 vs XTER:DFTK: 11.55

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.

DF Deutsche Forfait AG's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €1.598. 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 €0.14 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


DF Deutsche Forfait AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for DF Deutsche Forfait 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.

DF Deutsche Forfait AG Cyclically Adjusted Price-to-FCF Chart

DF Deutsche Forfait 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 - - - - 13.03

DF Deutsche Forfait 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 - - - - 13.03

Competitive Comparison of DF Deutsche Forfait AG's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, DF Deutsche Forfait 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.


DF Deutsche Forfait AG's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DF Deutsche Forfait AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



DF Deutsche Forfait 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.

DF Deutsche Forfait AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.62/0.14
=11.57

* 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.

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

For example, DF Deutsche Forfait 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)
=1.598/123.7729*123.7729
=1.598

Current CPI (Dec23) = 123.7729.

DF Deutsche Forfait AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -6.075 99.543 -7.554
201512 6.151 99.717 7.635
201612 -0.197 101.217 -0.241
201712 -0.337 102.617 -0.406
201812 -0.199 104.217 -0.236
201912 0.548 105.818 0.641
202012 0.231 105.518 0.271
202112 -1.557 110.384 -1.746
202212 1.414 119.345 1.466
202312 1.598 123.773 1.598

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.


DF Deutsche Forfait AG  (XTER:DFTK) 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.


DF Deutsche Forfait AG Cyclically Adjusted Price-to-FCF Related Terms

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DF Deutsche Forfait AG (XTER:DFTK) Business Description

Traded in Other Exchanges
Address
Hirtenweg 14, Grunwald, DEU, 82031
DF Deutsche Forfait AG is engaged in the provision of financial services. Its products include financing solutions, foreign trade receivables, and trade finance funds. The company focuses on the purchase of receivables from imports and exports and provides the hedging of merchandise deliveries in emerging and developing countries. It supports exporters and importers by purchasing foreign trade receivables, providing liquidity and taking over the payment risks. For banks, it operates as a partner for financing solutions, such as structured, abstract payment obligations, and buys and sells assets. Its geographic focus is on the Near and Middle East.

DF Deutsche Forfait AG (XTER:DFTK) Headlines

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