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Holand og Setskog Sparebank (OSL:HSPG) Cyclically Adjusted FCF per Share : kr-74.35 (As of Mar. 2024)


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What is Holand og Setskog Sparebank 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.

Holand og Setskog Sparebank's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr-246.166. 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-74.35 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Holand og Setskog Sparebank was -5.20% per year. The lowest was -26.70% per year. And the median was -15.95% per year.

As of today (2024-05-19), Holand og Setskog Sparebank's current stock price is kr123.00. Holand og Setskog Sparebank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr-74.35. Holand og Setskog Sparebank's Cyclically Adjusted Price-to-FCF of today is .


Holand og Setskog Sparebank Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Holand og Setskog Sparebank'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.

Holand og Setskog Sparebank Cyclically Adjusted FCF per Share Chart

Holand og Setskog Sparebank 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 -57.48 - -65.31 -66.91 -32.48

Holand og Setskog Sparebank 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 -49.14 -100.49 -81.21 -32.48 -74.35

Competitive Comparison of Holand og Setskog Sparebank's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Holand og Setskog Sparebank'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.


Holand og Setskog Sparebank's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Holand og Setskog Sparebank's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Holand og Setskog Sparebank's Cyclically Adjusted Price-to-FCF falls into.



Holand og Setskog Sparebank 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, Holand og Setskog Sparebank'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)
=-246.166/132.6000*132.6000
=-246.166

Current CPI (Mar. 2024) = 132.6000.

Holand og Setskog Sparebank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 97.500 0.000
201409 0.000 98.500 0.000
201412 0.000 98.600 0.000
201503 74.497 99.200 99.580
201506 0.000 100.100 0.000
201509 0.000 100.600 0.000
201512 0.000 100.900 0.000
201603 33.407 102.500 43.217
201606 186.112 103.800 237.750
201609 -157.244 104.200 -200.101
201612 7.916 104.400 10.054
201703 155.938 105.000 196.927
201706 -46.438 105.800 -58.201
201709 -80.693 105.900 -101.038
201712 -79.612 106.100 -99.496
201803 -93.798 107.300 -115.914
201806 -31.108 108.500 -38.018
201809 -129.363 109.500 -156.653
201812 -218.606 109.800 -264.000
201903 -76.688 110.400 -92.109
201906 -105.218 110.600 -126.147
201909 4.721 111.100 5.635
201912 21.308 111.300 25.386
202003 211.741 111.200 252.490
202006 75.859 112.100 89.732
202009 -629.029 112.900 -738.789
202012 0.000 112.900 0.000
202103 -273.233 114.600 -316.149
202106 420.208 115.300 483.257
202109 -631.061 117.500 -712.159
202112 710.485 118.900 792.349
202203 -36.195 119.800 -40.062
202206 398.663 122.600 431.180
202209 -277.093 125.600 -292.536
202212 -73.616 125.900 -77.534
202303 269.910 127.600 280.486
202306 -402.147 130.400 -408.932
202309 125.574 129.800 128.283
202312 392.196 131.900 394.277
202403 -246.166 132.600 -246.166

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


Holand og Setskog Sparebank  (OSL:HSPG) 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.


Holand og Setskog Sparebank Cyclically Adjusted FCF per Share Related Terms

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


Holand og Setskog Sparebank (OSL:HSPG) Business Description

Traded in Other Exchanges
N/A
Address
Postboks 54, Bjørkelangen, NOR
Holand og Setskog Sparebank operates as a savings bank. It offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

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