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SpareBank 1 Nordmore (OSL:SNOR) Cyclically Adjusted FCF per Share : kr-18.74 (As of Mar. 2024)


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What is SpareBank 1 Nordmore 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 Nordmore's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr46.137. 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-18.74 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 (2024-05-29), SpareBank 1 Nordmore's current stock price is kr124.50. SpareBank 1 Nordmore's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr-18.74. SpareBank 1 Nordmore's Cyclically Adjusted Price-to-FCF of today is .


SpareBank 1 Nordmore Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SpareBank 1 Nordmore'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 Nordmore Cyclically Adjusted FCF per Share Chart

SpareBank 1 Nordmore 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 - - -28.31 -28.15 -20.16

SpareBank 1 Nordmore 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 -18.05 -24.15 -40.43 -20.16 -18.74

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

For the Banks - Regional subindustry, SpareBank 1 Nordmore'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 Nordmore's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



SpareBank 1 Nordmore 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 Nordmore'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)
=46.137/132.6000*132.6000
=46.137

Current CPI (Mar. 2024) = 132.6000.

SpareBank 1 Nordmore Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -164.453 97.500 -223.656
201409 -36.370 98.500 -48.961
201412 3.246 98.600 4.365
201503 137.568 99.200 183.886
201506 24.954 100.100 33.056
201509 -173.958 100.600 -229.293
201512 46.300 100.900 60.846
201603 117.598 102.500 152.132
201606 208.991 103.800 266.977
201609 -108.833 104.200 -138.496
201612 -142.773 104.400 -181.338
201703 50.848 105.000 64.214
201706 286.413 105.800 358.964
201709 -58.821 105.900 -73.651
201712 -75.604 106.100 -94.487
201803 -106.358 107.300 -131.436
201806 174.451 108.500 213.200
201809 -172.346 109.500 -208.704
201812 -287.465 109.800 -347.157
201903 363.265 110.400 436.313
201906 28.934 110.600 34.689
201909 -246.292 111.100 -293.954
201912 -139.964 111.300 -166.750
202003 161.229 111.200 192.257
202006 27.804 112.100 32.889
202009 -12.929 112.900 -15.185
202012 -29.425 112.900 -34.559
202103 88.720 114.600 102.655
202106 -129.993 115.300 -149.498
202109 -22.843 117.500 -25.779
202112 -27.919 118.900 -31.136
202203 26.595 119.800 29.437
202206 -77.025 122.600 -83.308
202209 -70.404 125.600 -74.328
202212 110.020 125.900 115.875
202303 79.793 127.600 82.920
202306 32.340 130.400 32.886
202309 -207.152 129.800 -211.621
202312 131.457 131.900 132.155
202403 46.137 132.600 46.137

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


SpareBank 1 Nordmore  (OSL:SNOR) 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.


SpareBank 1 Nordmore Cyclically Adjusted FCF per Share Related Terms

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


SpareBank 1 Nordmore (OSL:SNOR) Business Description

Industry
Traded in Other Exchanges
Address
Langveien 21, P.O. Box 23, Kristiansund, NOR, 6501
SpareBank 1 Nordmore, formerly Sparebank 1 Nordvest is an independent and local bank in More og Romsdal. The company offers banking products and services including deposits, lending, property loans, Mobile and Online banking, and offers insurance services to private clients as well as companies.

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