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SpareBank 1 Ringerike Hadeland (OSL:RING) Cyclically Adjusted FCF per Share : kr10.89 (As of Mar. 2024)


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What is SpareBank 1 Ringerike Hadeland 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.

SpareBank 1 Ringerike Hadeland's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr27.279. 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 kr10.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SpareBank 1 Ringerike Hadeland's average Cyclically Adjusted FCF Growth Rate was 26.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 43.50% 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 SpareBank 1 Ringerike Hadeland was 47.50% per year. The lowest was 43.50% per year. And the median was 45.50% per year.

As of today (2024-05-26), SpareBank 1 Ringerike Hadeland's current stock price is kr289.00. SpareBank 1 Ringerike Hadeland's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr10.89. SpareBank 1 Ringerike Hadeland's Cyclically Adjusted Price-to-FCF of today is 26.54.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SpareBank 1 Ringerike Hadeland was 424.49. The lowest was 26.54. And the median was 49.27.


SpareBank 1 Ringerike Hadeland Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SpareBank 1 Ringerike Hadeland'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.

SpareBank 1 Ringerike Hadeland Cyclically Adjusted FCF per Share Chart

SpareBank 1 Ringerike Hadeland 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 2.28 2.35 6.26 7.32 6.95

SpareBank 1 Ringerike Hadeland 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 8.62 7.20 9.01 6.95 10.89

Competitive Comparison of SpareBank 1 Ringerike Hadeland's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, SpareBank 1 Ringerike Hadeland'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.


SpareBank 1 Ringerike Hadeland's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Ringerike Hadeland's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Ringerike Hadeland's Cyclically Adjusted Price-to-FCF falls into.



SpareBank 1 Ringerike Hadeland 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, SpareBank 1 Ringerike Hadeland'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)
=27.279/132.6000*132.6000
=27.279

Current CPI (Mar. 2024) = 132.6000.

SpareBank 1 Ringerike Hadeland Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 26.427 97.500 35.941
201409 -0.638 98.500 -0.859
201412 -11.739 98.600 -15.787
201503 15.050 99.200 20.117
201506 11.178 100.100 14.807
201509 1.263 100.600 1.665
201512 18.304 100.900 24.055
201603 -48.617 102.500 -62.894
201606 -8.148 103.800 -10.409
201609 -10.215 104.200 -12.999
201612 -9.007 104.400 -11.440
201703 10.774 105.000 13.606
201706 -4.716 105.800 -5.911
201709 -9.814 105.900 -12.288
201712 25.385 106.100 31.725
201803 -37.560 107.300 -46.416
201806 9.092 108.500 11.112
201809 13.921 109.500 16.858
201812 9.437 109.800 11.397
201903 -11.279 110.400 -13.547
201906 23.227 110.600 27.847
201909 -12.396 111.100 -14.795
201912 1.919 111.300 2.286
202003 -15.953 111.200 -19.023
202006 -0.311 112.100 -0.368
202009 5.762 112.900 6.767
202012 13.348 112.900 15.677
202103 29.964 114.600 34.670
202106 2.795 115.300 3.214
202109 -13.329 117.500 -15.042
202112 16.084 118.900 17.937
202203 1.936 119.800 2.143
202206 35.803 122.600 38.723
202209 -2.875 125.600 -3.035
202212 -22.413 125.900 -23.606
202303 0.559 127.600 0.581
202306 36.199 130.400 36.810
202309 -7.479 129.800 -7.640
202312 -10.249 131.900 -10.303
202403 27.279 132.600 27.279

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


SpareBank 1 Ringerike Hadeland  (OSL:RING) 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.

SpareBank 1 Ringerike Hadeland's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=289.00/10.89
=26.54

* 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 SpareBank 1 Ringerike Hadeland was 424.49. The lowest was 26.54. And the median was 49.27.


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.


SpareBank 1 Ringerike Hadeland Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of SpareBank 1 Ringerike Hadeland's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


SpareBank 1 Ringerike Hadeland (OSL:RING) Business Description

Traded in Other Exchanges
N/A
Address
Southern Torv 6, Honefoss, NOR, 3510
SpareBank 1 Ringerike Hadeland is a savings bank in Norway offering financing, placement, payment services, pensions, and life insurance. Its business is organized into two sections, personal and corporate market. The Bank serves less self-employed, agricultural, and business class customers as well. The Bank also provides credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

SpareBank 1 Ringerike Hadeland (OSL:RING) Headlines