GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hexpol AB (OSTO:HPOL B) » Definitions » Cyclically Adjusted FCF per Share

Hexpol AB (OSTO:HPOL B) Cyclically Adjusted FCF per Share : kr7.42 (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Hexpol 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.

Hexpol AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr0.485. 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 kr7.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hexpol AB's average Cyclically Adjusted FCF Growth Rate was 9.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.80% 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 Hexpol AB was 15.10% per year. The lowest was 12.00% per year. And the median was 14.45% per year.

As of today (2024-05-17), Hexpol AB's current stock price is kr127.60. Hexpol AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr7.42. Hexpol AB's Cyclically Adjusted Price-to-FCF of today is 17.20.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hexpol AB was 28.19. The lowest was 11.44. And the median was 18.58.


Hexpol AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hexpol 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.

Hexpol AB Cyclically Adjusted FCF per Share Chart

Hexpol 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 4.37 4.95 5.60 6.66 7.47

Hexpol 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 6.75 7.02 7.21 7.47 7.42

Competitive Comparison of Hexpol AB's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, Hexpol 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.


Hexpol AB's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hexpol AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hexpol 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, Hexpol 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)
=0.485/132.2054*132.2054
=0.485

Current CPI (Mar. 2024) = 132.2054.

Hexpol AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.805 100.432 1.060
201409 1.049 100.161 1.385
201412 1.546 100.225 2.039
201503 1.270 99.950 1.680
201506 1.241 99.995 1.641
201509 1.200 100.228 1.583
201512 1.403 100.276 1.850
201603 0.904 100.751 1.186
201606 1.136 101.019 1.487
201609 1.511 101.138 1.975
201612 1.418 102.022 1.838
201703 1.182 102.022 1.532
201706 0.700 102.752 0.901
201709 1.392 103.279 1.782
201712 1.662 103.793 2.117
201803 0.915 103.962 1.164
201806 1.191 104.875 1.501
201809 1.232 105.679 1.541
201812 1.909 105.912 2.383
201903 0.921 105.886 1.150
201906 1.639 106.742 2.030
201909 2.034 107.214 2.508
201912 2.266 107.766 2.780
202003 1.534 106.563 1.903
202006 0.657 107.498 0.808
202009 2.112 107.635 2.594
202012 2.600 108.296 3.174
202103 1.209 108.360 1.475
202106 1.156 108.928 1.403
202109 0.976 110.338 1.169
202112 3.647 112.486 4.286
202203 0.354 114.825 0.408
202206 1.414 118.384 1.579
202209 1.588 122.296 1.717
202212 4.172 126.365 4.365
202303 1.336 127.042 1.390
202306 2.630 129.407 2.687
202309 2.572 130.224 2.611
202312 3.696 131.912 3.704
202403 0.485 132.205 0.485

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


Hexpol AB  (OSTO:HPOL B) 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.

Hexpol AB's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=127.60/7.42
=17.20

* 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 Hexpol AB was 28.19. The lowest was 11.44. And the median was 18.58.


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.


Hexpol AB Cyclically Adjusted FCF per Share Related Terms

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


Hexpol AB (OSTO:HPOL B) Business Description

Industry
Traded in Other Exchanges
Address
Skeppsbron 3, Malmo, SWE, 211 20
Hexpol AB manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into two segments based on product type. The compounding segment, which generates the vast majority of revenue, sells synthetic rubber to the automotive, aerospace, footwear, and pharmaceutical industries. The company's synthetic rubber products are used in the production of tires, hoses, seals, footwear, and pharmaceuticals. The engineered products segment sells gaskets used in plate heat exchangers, forklift wheels, and castor wheels. The majority of revenue comes from North America.

Hexpol AB (OSTO:HPOL B) Headlines

No Headlines