GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lanxess AG (MIL:1LXS) » Definitions » Cyclically Adjusted Price-to-FCF

Lanxess AG (MIL:1LXS) Cyclically Adjusted Price-to-FCF : 12.23 (As of Oct. 09, 2024)


View and export this data going back to 2023. Start your Free Trial

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

As of today (2024-10-09), Lanxess AG's current share price is €28.25. Lanxess AG's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was €2.31. Lanxess AG's Cyclically Adjusted Price-to-FCF for today is 12.23.

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

MIL:1LXS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.9   Med: 28.3   Max: 46.11
Current: 11.84

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

MIL:1LXS's Cyclically Adjusted Price-to-FCF is ranked better than
74.71% of 518 companies
in the Chemicals industry
Industry Median: 25.715 vs MIL:1LXS: 11.84

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 adjusted free cash flow per share data for the three months ended in Jun. 2024 was €0.961. 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 €2.31 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lanxess AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lanxess 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.

Lanxess AG Cyclically Adjusted Price-to-FCF Chart

Lanxess 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 35.93 32.95 27.69 23.23 12.59

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 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 12.15 10.39 12.59 10.67 9.57

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

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 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=28.25/2.31
=12.23

* 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.

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

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)
=0.961/125.8815*125.8815
=0.961

Current CPI (Jun. 2024) = 125.8815.

Lanxess AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.972 99.823 1.226
201412 1.847 99.543 2.336
201503 -0.251 99.717 -0.317
201506 0.503 100.417 0.631
201509 0.983 100.417 1.232
201512 1.584 99.717 2.000
201603 -0.011 100.017 -0.014
201606 1.169 100.717 1.461
201609 2.163 101.017 2.695
201612 -0.590 101.217 -0.734
201703 -0.514 101.417 -0.638
201706 0.863 102.117 1.064
201709 3.092 102.717 3.789
201712 1.519 102.617 1.863
201803 -0.404 102.917 -0.494
201806 -0.776 104.017 -0.939
201809 1.322 104.718 1.589
201812 0.994 104.217 1.201
201903 -0.409 104.217 -0.494
201906 -0.307 105.718 -0.366
201909 1.578 106.018 1.874
201912 0.698 105.818 0.830
202003 0.321 105.718 0.382
202006 -0.486 106.618 -0.574
202009 0.764 105.818 0.909
202012 0.892 105.518 1.064
202103 -0.440 107.518 -0.515
202106 -1.239 108.486 -1.438
202109 -0.035 109.435 -0.040
202112 1.413 110.384 1.611
202203 -2.780 113.968 -3.071
202206 0.706 115.760 0.768
202209 -0.915 118.818 -0.969
202212 0.116 119.345 0.122
202303 1.181 122.402 1.215
202306 -0.012 123.140 -0.012
202309 3.729 124.195 3.780
202312 1.031 123.773 1.049
202403 -1.008 125.038 -1.015
202406 0.961 125.882 0.961

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.


Lanxess AG  (MIL:1LXS) 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.


Lanxess AG Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Lanxess AG's Cyclically Adjusted Price-to-FCF 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.

Lanxess AG Headlines

No Headlines