GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » ALM Equity AB (OSTO:ALM) » Definitions » Cyclically Adjusted FCF per Share

ALM Equity AB (OSTO:ALM) Cyclically Adjusted FCF per Share : kr-16.18 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is ALM Equity 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.

ALM Equity AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr-12.269. 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-16.18 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -11.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.90% 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 ALM Equity AB was 49.00% per year. The lowest was -11.00% per year. And the median was 26.20% per year.

As of today (2024-06-06), ALM Equity AB's current stock price is kr194.00. ALM Equity AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr-16.18. ALM Equity AB's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ALM Equity AB was 990.05. The lowest was 689.43. And the median was 879.82.


ALM Equity AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ALM Equity 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.

ALM Equity AB Cyclically Adjusted FCF per Share Chart

ALM Equity 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 -13.45 -11.33 -2.06 -5.40 -15.50

ALM Equity 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 -6.74 -10.86 -14.89 -15.50 -16.18

Competitive Comparison of ALM Equity AB's Cyclically Adjusted FCF per Share

For the Real Estate - Diversified subindustry, ALM Equity 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.


ALM Equity AB's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, ALM Equity AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ALM Equity 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, ALM Equity 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)
=-12.269/132.2054*132.2054
=-12.269

Current CPI (Mar. 2024) = 132.2054.

ALM Equity AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -30.653 100.432 -40.351
201409 -15.122 100.161 -19.960
201412 -14.527 100.225 -19.162
201503 1.629 99.950 2.155
201506 19.333 99.995 25.561
201509 6.454 100.228 8.513
201512 43.652 100.276 57.552
201603 -35.551 100.751 -46.650
201606 -3.599 101.019 -4.710
201609 -39.918 101.138 -52.180
201612 20.467 102.022 26.522
201703 -199.301 102.022 -258.266
201706 -21.480 102.752 -27.637
201709 -13.151 103.279 -16.834
201712 191.920 103.793 244.457
201803 -14.082 103.962 -17.908
201806 0.886 104.875 1.117
201809 28.360 105.679 35.479
201812 -24.436 105.912 -30.502
201903 2.560 105.886 3.196
201906 -28.557 106.742 -35.369
201909 0.197 107.214 0.243
201912 55.690 107.766 68.320
202003 -12.683 106.563 -15.735
202006 -31.367 107.498 -38.576
202009 -1.950 107.635 -2.395
202012 41.715 108.296 50.925
202103 1.461 108.360 1.783
202106 40.304 108.928 48.917
202109 15.889 110.338 19.038
202112 21.543 112.486 25.320
202203 33.710 114.825 38.812
202206 -31.206 118.384 -34.849
202209 -23.676 122.296 -25.594
202212 -15.160 126.365 -15.861
202303 -23.052 127.042 -23.989
202306 -30.238 129.407 -30.892
202309 -38.728 130.224 -39.317
202312 -10.723 131.912 -10.747
202403 -12.269 132.205 -12.269

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


ALM Equity AB  (OSTO:ALM) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ALM Equity AB was 990.05. The lowest was 689.43. And the median was 879.82.


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.


ALM Equity AB Cyclically Adjusted FCF per Share Related Terms

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


ALM Equity AB (OSTO:ALM) Business Description

Industry
Traded in Other Exchanges
Address
Regeringsgatan 59, Stockholm, SWE, 111 56
ALM Equity AB is a real estate development company. The company is engaged in residential development projects, construction management, financing solutions and digital services.

ALM Equity AB (OSTO:ALM) Headlines

From GuruFocus

Alfi: Solid Growth Potential Lies Ahead

By Ishan Majumdar Ishan Majumdar 06-02-2021

ALFI Inc: A Little Known Yet Compelling Ad-Tech Play

By Ishan Majumdar Ishan Majumdar 05-07-2021