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LNXSF (Lanxess AG) Cyclically Adjusted FCF per Share : $2.80 (As of Jun. 2024)


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What is Lanxess AG 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.

Lanxess AG's adjusted free cash flow per share for the three months ended in Jun. 2024 was $1.035. 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 $2.80 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Lanxess AG's average Cyclically Adjusted FCF Growth Rate was 5.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.50% 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 Lanxess AG was 5.80% per year. The lowest was -0.80% per year. And the median was 0.55% per year.

As of today (2024-10-09), Lanxess AG's current stock price is $31.12. Lanxess AG's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was $2.80. Lanxess AG's Cyclically Adjusted Price-to-FCF of today is 11.11.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lanxess AG was 46.11. The lowest was 8.90. And the median was 28.30.


Lanxess AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Lanxess AG'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.

Lanxess AG Cyclically Adjusted FCF per Share Chart

Lanxess AG 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 1.88 2.36 2.20 1.74 2.46

Lanxess AG Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.49 2.46 2.46 2.56 2.80

Competitive Comparison of Lanxess AG's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, Lanxess 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.


Lanxess AG's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Lanxess AG 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, Lanxess AG's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.035/125.8815*125.8815
=1.035

Current CPI (Jun. 2024) = 125.8815.

Lanxess AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 1.253 99.823 1.580
201412 2.277 99.543 2.879
201503 -0.272 99.717 -0.343
201506 0.564 100.417 0.707
201509 1.104 100.417 1.384
201512 1.726 99.717 2.179
201603 -0.012 100.017 -0.015
201606 1.314 100.717 1.642
201609 2.428 101.017 3.026
201612 -0.622 101.217 -0.774
201703 -0.549 101.417 -0.681
201706 0.970 102.117 1.196
201709 3.685 102.717 4.516
201712 1.797 102.617 2.204
201803 -0.498 102.917 -0.609
201806 -0.906 104.017 -1.096
201809 1.543 104.718 1.855
201812 1.131 104.217 1.366
201903 -0.462 104.217 -0.558
201906 -0.347 105.718 -0.413
201909 1.738 106.018 2.064
201912 0.775 105.818 0.922
202003 0.354 105.718 0.422
202006 -0.548 106.618 -0.647
202009 0.900 105.818 1.071
202012 1.085 105.518 1.294
202103 -0.524 107.518 -0.613
202106 -1.493 108.486 -1.732
202109 -0.041 109.435 -0.047
202112 1.597 110.384 1.821
202203 -3.061 113.968 -3.381
202206 0.747 115.760 0.812
202209 -0.906 118.818 -0.960
202212 0.123 119.345 0.130
202303 1.265 122.402 1.301
202306 -0.013 123.140 -0.013
202309 3.980 124.195 4.034
202312 1.124 123.773 1.143
202403 -1.095 125.038 -1.102
202406 1.035 125.882 1.035

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


Lanxess AG  (OTCPK:LNXSF) 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.

Lanxess AG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=31.12/2.8
=11.11

* 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 Lanxess AG was 46.11. The lowest was 8.90. And the median was 28.30.


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.


Lanxess AG Cyclically Adjusted FCF per Share Related Terms

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


Lanxess AG Business Description

Industry
Address
Kennedyplatz 1, Cologne, DEU, 50569
Lanxess AG is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditised its portfolio in recent years by divesting its synthetic rubber business and is moving toward becoming a specialty chemicals company in the fields of consumer protection chemicals, specialty additives, intermediates, and engineering plastics.

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