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Phoenix Mecano AG (XSWX:PMN) Cyclically Adjusted Price-to-FCF : 30.21 (As of Oct. 09, 2024)


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What is Phoenix Mecano AG Cyclically Adjusted Price-to-FCF?

As of today (2024-10-09), Phoenix Mecano AG's current share price is CHF451.00. Phoenix Mecano AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was CHF14.93. Phoenix Mecano AG's Cyclically Adjusted Price-to-FCF for today is 30.21.

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

XSWX:PMN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.05   Med: 19.69   Max: 34.83
Current: 31.75

During the past 13 years, Phoenix Mecano AG's highest Cyclically Adjusted Price-to-FCF was 34.83. The lowest was 13.05. And the median was 19.69.

XSWX:PMN's Cyclically Adjusted Price-to-FCF is ranked better than
52.98% of 955 companies
in the Industrial Products industry
Industry Median: 33.95 vs XSWX:PMN: 31.75

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.

Phoenix Mecano AG's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was CHF48.828. 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 CHF14.93 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Phoenix Mecano AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Phoenix Mecano 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.

Phoenix Mecano AG Cyclically Adjusted Price-to-FCF Chart

Phoenix Mecano 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 23.94 28.70 25.08 25.73 29.07

Phoenix Mecano AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 - 25.73 - 29.07 -

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

For the Specialty Industrial Machinery subindustry, Phoenix Mecano 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.


Phoenix Mecano AG's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Phoenix Mecano AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Phoenix Mecano 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=451.00/14.93
=30.21

* 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.

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

For example, Phoenix Mecano 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)
=48.828/106.4612*106.4612
=48.828

Current CPI (Dec23) = 106.4612.

Phoenix Mecano AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 18.520 100.704 19.579
201512 13.864 99.386 14.851
201612 27.797 99.380 29.778
201712 13.477 100.213 14.317
201812 14.496 100.906 15.294
201912 -5.594 101.063 -5.893
202012 -23.791 100.241 -25.267
202112 27.415 101.776 28.677
202212 8.963 104.666 9.117
202312 48.828 106.461 48.828

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.


Phoenix Mecano AG  (XSWX:PMN) 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.


Phoenix Mecano AG Cyclically Adjusted Price-to-FCF Related Terms

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


Phoenix Mecano AG Business Description

Traded in Other Exchanges
Address
Hofwisenstrasse 6, Stein am Rhein, CHE, CH-8260
Phoenix Mecano AG is a technology company that manufactures and develops enclosures, mechanical components, and electronic components (ELCOM). It has three operating segments. Enclosures Systems are made of aluminium, plastic and glass-fibre reinforced polyester, machine control boards and suspension systems for protecting electronics; Industrial Components segment includes Aluminium profiles, pipe connection systems, conveyor components, linear units, electric cylinders, lifting columns, switches, plug connectors, and others; DewertOkin Technology Group includes fittings technology for industry and electrically adjustable furniture for the home and hospital care sectors. Geographically, it has operations in Switzerland, Germany, the UK, France, Italy, the Netherlands, and other areas.