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EAM Solar ASA (OSL:EAM) Cyclically Adjusted FCF per Share : kr-4.94 (As of Mar. 2024)


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What is EAM Solar ASA 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.

EAM Solar ASA's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr0.552. 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 kr-4.94 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-06), EAM Solar ASA's current stock price is kr9.70. EAM Solar ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr-4.94. EAM Solar ASA's Cyclically Adjusted Price-to-FCF of today is .


EAM Solar ASA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for EAM Solar ASA'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.

EAM Solar ASA Cyclically Adjusted FCF per Share Chart

EAM Solar ASA 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 - - -6.12 -5.09 -5.82

EAM Solar ASA 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 -6.01 -5.55 -6.14 -5.82 -4.94

Competitive Comparison of EAM Solar ASA's Cyclically Adjusted FCF per Share

For the Utilities - Renewable subindustry, EAM Solar ASA'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.


EAM Solar ASA's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, EAM Solar ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where EAM Solar ASA's Cyclically Adjusted Price-to-FCF falls into.



EAM Solar ASA 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, EAM Solar ASA'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)
=0.552/132.6000*132.6000
=0.552

Current CPI (Mar. 2024) = 132.6000.

EAM Solar ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.561 97.500 4.843
201409 -6.519 98.500 -8.776
201412 -0.202 98.600 -0.272
201503 -2.510 99.200 -3.355
201506 2.337 100.100 3.096
201509 0.000 100.600 0.000
201512 0.277 100.900 0.364
201603 0.156 102.500 0.202
201606 0.245 103.800 0.313
201609 -19.824 104.200 -25.227
201612 -0.673 104.400 -0.855
201703 -2.681 105.000 -3.386
201706 0.000 105.800 0.000
201709 0.000 105.900 0.000
201712 0.000 106.100 0.000
201803 0.697 107.300 0.861
201806 -0.278 108.500 -0.340
201809 -0.114 109.500 -0.138
201812 0.508 109.800 0.613
201903 -0.136 110.400 -0.163
201906 0.817 110.600 0.980
201909 -0.291 111.100 -0.347
201912 1.058 111.300 1.260
202003 -6.203 111.200 -7.397
202006 2.752 112.100 3.255
202009 -1.122 112.900 -1.318
202012 -1.612 112.900 -1.893
202103 -2.532 114.600 -2.930
202106 0.000 115.300 0.000
202109 0.580 117.500 0.655
202112 -0.577 118.900 -0.643
202203 -0.985 119.800 -1.090
202206 0.000 122.600 0.000
202209 1.145 125.600 1.209
202212 -1.173 125.900 -1.235
202303 -0.073 127.600 -0.076
202306 -0.970 130.400 -0.986
202309 0.144 129.800 0.147
202312 0.084 131.900 0.084
202403 0.552 132.600 0.552

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


EAM Solar ASA  (OSL:EAM) 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.


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.


EAM Solar ASA Cyclically Adjusted FCF per Share Related Terms

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


EAM Solar ASA (OSL:EAM) Business Description

Traded in Other Exchanges
Address
Bryggetorget 7, Oslo, NOR, 0250
EAM Solar ASA is an Investment company that acquires and operates solar power plants for long-term ownership. The company is mainly active in Italy and operates four solar power plants which generate electricity. The solar power plants operated by the company are Lorusso, Brundesini, Scardino, and ENFO 25.

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