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Quaker Houghton (Quaker Houghton) Cyclically Adjusted FCF per Share : $5.88 (As of Dec. 2023)


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What is Quaker Houghton Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Quaker Houghton's adjusted free cash flow per share for the three months ended in Dec. 2023 was $3.710. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $5.88 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Quaker Houghton's average Cyclically Adjusted FCF Growth Rate was 17.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 13.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Quaker Houghton was 33.50% per year. The lowest was -11.70% per year. And the median was 8.20% per year.

As of today (2024-04-27), Quaker Houghton's current stock price is $190.23. Quaker Houghton's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $5.88. Quaker Houghton's Cyclically Adjusted Price-to-FCF of today is 32.35.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Quaker Houghton was 62.97. The lowest was 24.38. And the median was 42.93.


Quaker Houghton Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Quaker Houghton's Cyclically Adjusted FCF per Share 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.

Quaker Houghton Cyclically Adjusted FCF per Share Chart

Quaker Houghton Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.02 4.68 5.10 5.00 5.88

Quaker Houghton Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 5.00 5.18 5.47 5.71 5.88

Competitive Comparison of Quaker Houghton's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, Quaker Houghton'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.


Quaker Houghton's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Quaker Houghton's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Quaker Houghton Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Quaker Houghton's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.71/129.4194*129.4194
=3.710

Current CPI (Dec. 2023) = 129.4194.

Quaker Houghton Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.370 99.695 -0.480
201406 0.577 100.560 0.743
201409 2.047 100.428 2.638
201412 0.908 99.070 1.186
201503 0.429 99.621 0.557
201506 1.312 100.684 1.686
201509 1.638 100.392 2.112
201512 1.341 99.792 1.739
201603 0.663 100.470 0.854
201606 1.746 101.688 2.222
201609 1.140 101.861 1.448
201612 1.298 101.863 1.649
201703 0.438 102.862 0.551
201706 0.740 103.349 0.927
201709 1.296 104.136 1.611
201712 1.592 104.011 1.981
201803 -0.053 105.290 -0.065
201806 1.114 106.317 1.356
201809 2.100 106.507 2.552
201812 1.787 105.998 2.182
201903 -0.189 107.251 -0.228
201906 1.452 108.070 1.739
201909 0.525 108.329 0.627
201912 2.341 108.420 2.794
202003 0.867 108.902 1.030
202006 1.232 108.767 1.466
202009 3.524 109.815 4.153
202012 3.389 109.897 3.991
202103 -0.927 111.754 -1.074
202106 0.001 114.631 0.001
202109 0.349 115.734 0.390
202112 2.118 117.630 2.330
202203 -0.848 121.301 -0.905
202206 -0.472 125.017 -0.489
202209 -1.286 125.227 -1.329
202212 3.345 125.222 3.457
202303 1.767 127.348 1.796
202306 3.760 128.729 3.780
202309 4.166 129.860 4.152
202312 3.710 129.419 3.710

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Quaker Houghton  (NYSE:KWR) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Quaker Houghton's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=190.23/5.88
=32.35

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Quaker Houghton was 62.97. The lowest was 24.38. And the median was 42.93.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Quaker Houghton Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Quaker Houghton's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Quaker Houghton (Quaker Houghton) Business Description

Industry
Traded in Other Exchanges
N/A
Address
901 East Hector Street, Conshohocken, PA, USA, 19428-2380
Quaker Houghton manufactures and sells a variety of industrial process fluids. The product portfolio of the company includes metal removal fluids, cleaning fluids, corrosion inhibitors, metal drawing and forming fluids, die cast mold releases, heat treatment and quenchants, metal forging fluids, hydraulic fluids, specialty greases, offshore sub-sea energy control fluids, rolling lubricants, rod and wire drawing fluids and surface treatment chemicals. The geographic segments of the company includes America, EMEA, Asia/Pacific and Global Specialty Businesses. Majority of the revenue is earned from America.
Executives
Jeewat Bijlani officer: SVP - Managing Director, Ams. QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Anna Ransley officer: SVP, CDIO QUAKER CHEMICAL CORPORATION, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Russell Shaller director 6555 WEST GOOD HOPE RD, MILWAUKEE WI 53223
Melissa Leneis officer: SVP, CHRO QUAKER CHEMICAL CORPORATION, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Jeffry D Frisby director C/O QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 HECTOR STREET, CONSHOHOCKEN PA 19428
David Slinkman officer: SVP - Chief Technology Officer QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Joseph A Berquist officer: VP & Managing Director - NA QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Robert T Traub officer: SVP, GC & Corp. Sec. QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
David Will other: VP, Global Controller & PAO QUAKER CHEMICAL CORPORATION, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Michael F Barry officer: VP & CFO & Treasurer ONE QUAKER PARK, 901 HECTOR ST, CONSHOHOCHEN PA 19428
Jeffrey L Fleck officer: SVP, Chief GSCO 1310 SEABOARD INDUSTRIAL BLVD, ATLANTA X1 30318
L Wilbert Platzer officer: VP - WWO
Dieter Laininger officer: Vice President - Global Steel QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 E. HECTOR STREET, CONSHOHOCKEN PA 19428-2380
Gulf Hungary Holding Korlatolt Felelossegu Tarsasag 10 percent owner FURJ UTCA 2, BUDAPEST K5 1124
Qh Hungary Holdings Ltd 10 percent owner STERLING TRUST CAYMAN LTD, WH, 238 NORTH CHURCH STREET, P.O BOX 1043, GEORGE TOWN E9 KY1-1102

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