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Trelleborg AB (LTS:0NL3) Cyclically Adjusted FCF per Share : kr11.88 (As of Mar. 2024)


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What is Trelleborg 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.

Trelleborg AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr1.135. 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 kr11.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Trelleborg AB's average Cyclically Adjusted FCF Growth Rate was 11.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.60% 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 Trelleborg AB was 14.80% per year. The lowest was 12.10% per year. And the median was 14.00% per year.

As of today (2024-05-26), Trelleborg AB's current stock price is kr420.80. Trelleborg AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr11.88. Trelleborg AB's Cyclically Adjusted Price-to-FCF of today is 35.42.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Trelleborg AB was 36.46. The lowest was 13.85. And the median was 24.78.


Trelleborg AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Trelleborg 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.

Trelleborg AB Cyclically Adjusted FCF per Share Chart

Trelleborg 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 6.79 7.91 8.84 10.37 11.70

Trelleborg 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 10.57 10.94 11.39 11.70 11.88

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

For the Specialty Industrial Machinery subindustry, Trelleborg 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.


Trelleborg AB's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Trelleborg 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, Trelleborg 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)
=1.135/132.2054*132.2054
=1.135

Current CPI (Mar. 2024) = 132.2054.

Trelleborg AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.341 100.432 1.765
201409 2.331 100.161 3.077
201412 2.675 100.225 3.529
201503 -0.443 99.950 -0.586
201506 1.549 99.995 2.048
201509 2.029 100.228 2.676
201512 2.003 100.276 2.641
201603 -0.155 100.751 -0.203
201606 2.062 101.019 2.699
201609 2.933 101.138 3.834
201612 3.737 102.022 4.843
201703 0.295 102.022 0.382
201706 2.874 102.752 3.698
201709 2.383 103.279 3.050
201712 3.291 103.793 4.192
201803 -0.070 103.962 -0.089
201806 2.689 104.875 3.390
201809 2.077 105.679 2.598
201812 2.770 105.912 3.458
201903 -0.734 105.886 -0.916
201906 2.663 106.742 3.298
201909 4.453 107.214 5.491
201912 4.895 107.766 6.005
202003 1.195 106.563 1.483
202006 4.357 107.498 5.358
202009 4.504 107.635 5.532
202012 5.283 108.296 6.449
202103 0.815 108.360 0.994
202106 3.062 108.928 3.716
202109 2.925 110.338 3.505
202112 2.815 112.486 3.308
202203 0.070 114.825 0.081
202206 1.657 118.384 1.850
202209 2.651 122.296 2.866
202212 5.698 126.365 5.961
202303 0.872 127.042 0.907
202306 4.369 129.407 4.463
202309 4.930 130.224 5.005
202312 4.192 131.912 4.201
202403 1.135 132.205 1.135

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


Trelleborg AB  (LTS:0NL3) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=420.80/11.88
=35.42

* 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 Trelleborg AB was 36.46. The lowest was 13.85. And the median was 24.78.


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.


Trelleborg AB Cyclically Adjusted FCF per Share Related Terms

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


Trelleborg AB (LTS:0NL3) Business Description

Industry
Address
Johan Kocksgatan 10, P.O. Box 153, Trelleborg, SWE, SE- 23122
Trelleborg AB manufactures products to seal, damp, and protect critical applications for a multitude of industries. It focuses on improving functionality, productivity, and minimizing energy waste for customers in transportation equipment, aerospace, and other industrial markets. The company has several different business areas: coated systems, industrial solutions, offshore and construction, sealing, and wheel. Products and components are molded to limit vibrations, provide automotive support, fit and protect tires, produce printing solutions, or offer support for other applications. Western Europe is an important region for the company and accounts for approximately half of total revenue.segments.

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