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Fabege AB (FRA:WILC) Cyclically Adjusted FCF per Share : €0.32 (As of Mar. 2024)


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What is Fabege AB 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.

Fabege AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.053. 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 €0.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fabege AB's average Cyclically Adjusted FCF Growth Rate was 26.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 24.60% 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 Fabege AB was 28.50% per year. The lowest was 13.50% per year. And the median was 20.50% per year.

As of today (2024-06-03), Fabege AB's current stock price is €7.705. Fabege AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.32. Fabege AB's Cyclically Adjusted Price-to-FCF of today is 24.08.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Fabege AB was 145.01. The lowest was 22.45. And the median was 65.68.


Fabege AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Fabege AB'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.

Fabege AB Cyclically Adjusted FCF per Share Chart

Fabege AB 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 0.15 0.23 0.20 0.25 0.30

Fabege AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.25 0.26 0.26 0.30 0.32

Competitive Comparison of Fabege AB's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, Fabege AB'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.


Fabege AB's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fabege AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Fabege AB 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, Fabege AB's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.053/132.2054*132.2054
=0.053

Current CPI (Mar. 2024) = 132.2054.

Fabege AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.114 100.432 -0.150
201409 0.014 100.161 0.018
201412 -0.279 100.225 -0.368
201503 0.073 99.950 0.097
201506 0.377 99.995 0.498
201509 0.059 100.228 0.078
201512 0.058 100.276 0.076
201603 0.090 100.751 0.118
201606 0.040 101.019 0.052
201609 0.027 101.138 0.035
201612 0.090 102.022 0.117
201703 0.497 102.022 0.644
201706 0.011 102.752 0.014
201709 -0.424 103.279 -0.543
201712 0.046 103.793 0.059
201803 -0.043 103.962 -0.055
201806 0.148 104.875 0.187
201809 0.110 105.679 0.138
201812 0.020 105.912 0.025
201903 0.131 105.886 0.164
201906 0.050 106.742 0.062
201909 0.164 107.214 0.202
201912 0.128 107.766 0.157
202003 0.083 106.563 0.103
202006 0.074 107.498 0.091
202009 0.121 107.635 0.149
202012 0.060 108.296 0.073
202103 0.047 108.360 0.057
202106 0.099 108.928 0.120
202109 0.134 110.338 0.161
202112 0.100 112.486 0.118
202203 0.137 114.825 0.158
202206 0.178 118.384 0.199
202209 0.090 122.296 0.097
202212 0.139 126.365 0.145
202303 0.112 127.042 0.117
202306 0.157 129.407 0.160
202309 0.047 130.224 0.048
202312 0.104 131.912 0.104
202403 0.053 132.205 0.053

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


Fabege AB  (FRA:WILC) 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.

Fabege AB's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7.705/0.32
=24.08

* 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 Fabege AB was 145.01. The lowest was 22.45. And the median was 65.68.


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.


Fabege AB Cyclically Adjusted FCF per Share Related Terms

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


Fabege AB (FRA:WILC) Business Description

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Address
Gardsvagen 6, Box 730, Solna, Stockholm, SWE, SE-169 27
Fabege AB is a real estate company that focuses on commercial properties. Fabege works to develop modern offices, housing, and a broad range of services with strategic partners. The company reports three core segments: Property management, which rents properties to long-term tenants; Property development, which improves and redesigns properties according to tenant requirements; and Business Development/Transactions, which includes the acquisition and sale of properties. The majority is from the Property Management segment. Fabege generates all its revenue in Stockholm, Solna, and surrounding areas in Sweden.