GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Stora Enso Oyj (OTCPK:SEOFF) » Definitions » Cyclically Adjusted FCF per Share

Stora Enso Oyj (Stora Enso Oyj) Cyclically Adjusted FCF per Share : $0.83 (As of Mar. 2024)


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

What is Stora Enso Oyj 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.

Stora Enso Oyj's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.230. 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 $0.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Stora Enso Oyj's average Cyclically Adjusted FCF Growth Rate was 1.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 7.00% 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 Stora Enso Oyj was 13.10% per year. The lowest was -10.90% per year. And the median was 5.00% per year.

As of today (2024-05-20), Stora Enso Oyj's current stock price is $11.70. Stora Enso Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.83. Stora Enso Oyj's Cyclically Adjusted Price-to-FCF of today is 14.10.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Stora Enso Oyj was 34.77. The lowest was 12.48. And the median was 19.62.


Stora Enso Oyj Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Stora Enso Oyj'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.

Stora Enso Oyj Cyclically Adjusted FCF per Share Chart

Stora Enso Oyj 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 - - - - 0.87

Stora Enso Oyj 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 0.70 0.78 0.90 0.87 0.83

Competitive Comparison of Stora Enso Oyj's Cyclically Adjusted FCF per Share

For the Paper & Paper Products subindustry, Stora Enso Oyj'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.


Stora Enso Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Stora Enso Oyj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Stora Enso Oyj's Cyclically Adjusted Price-to-FCF falls into.



Stora Enso Oyj 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, Stora Enso Oyj'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)
=-0.23/122.3600*122.3600
=-0.230

Current CPI (Mar. 2024) = 122.3600.

Stora Enso Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.188 100.147 0.230
201409 -0.067 100.726 -0.081
201412 0.152 100.229 0.186
201503 -0.124 100.120 -0.152
201506 0.272 100.030 0.333
201509 0.204 100.130 0.249
201512 0.022 99.990 0.027
201603 -0.031 100.080 -0.038
201606 0.382 100.390 0.466
201609 0.169 100.540 0.206
201612 0.262 101.020 0.317
201703 -0.070 100.910 -0.085
201706 0.221 101.140 0.267
201709 0.341 101.320 0.412
201712 0.322 101.510 0.388
201803 0.016 101.730 0.019
201806 0.237 102.320 0.283
201809 0.413 102.600 0.493
201812 0.170 102.710 0.203
201903 0.001 102.870 0.001
201906 0.491 103.360 0.581
201909 0.391 103.540 0.462
201912 0.616 103.650 0.727
202003 -0.148 103.490 -0.175
202006 0.238 103.320 0.282
202009 0.354 103.710 0.418
202012 0.260 103.890 0.306
202103 -0.091 104.870 -0.106
202106 0.377 105.360 0.438
202109 0.449 106.290 0.517
202112 0.493 107.490 0.561
202203 0.198 110.950 0.218
202206 0.225 113.570 0.242
202209 0.532 114.920 0.566
202212 0.193 117.320 0.201
202303 -0.085 119.750 -0.087
202306 0.081 120.690 0.082
202309 0.280 121.280 0.282
202312 0.409 121.540 0.412
202403 -0.230 122.360 -0.230

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


Stora Enso Oyj  (OTCPK:SEOFF) 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.

Stora Enso Oyj's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.70/0.83
=14.10

* 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 Stora Enso Oyj was 34.77. The lowest was 12.48. And the median was 19.62.


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.


Stora Enso Oyj Cyclically Adjusted FCF per Share Related Terms

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


Stora Enso Oyj (Stora Enso Oyj) Business Description

Industry
Address
P.O. Box 309, Helsinki, FIN, FI-00101
Stora Enso Oyj company develops and produces solutions based on wood and biomass for a range of industries and applications worldwide, leading in the bioeconomy. Its operating segments are Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and others. The Packaging Solutions division develops and sells premium fiber-based packaging products and services. Its high-end eco-friendly packaging products are used by leading brands across multiple market sectors, including the retail, e-commerce, and industrial sectors. Key revenue is generated from the Packaging Solutions segment.