GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Stora Enso Oyj (FRA:ENUS) » Definitions » Cyclically Adjusted Price-to-FCF

Stora Enso Oyj (FRA:ENUS) Cyclically Adjusted Price-to-FCF : 15.61 (As of Jun. 06, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Stora Enso Oyj Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Stora Enso Oyj's current share price is €12.80. Stora Enso Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.82. Stora Enso Oyj's Cyclically Adjusted Price-to-FCF for today is 15.61.

The historical rank and industry rank for Stora Enso Oyj's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:ENUS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.48   Med: 19.62   Max: 34.77
Current: 16.1

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

FRA:ENUS's Cyclically Adjusted Price-to-FCF is ranked better than
53.97% of 126 companies
in the Forest Products industry
Industry Median: 16.905 vs FRA:ENUS: 16.10

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 adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.211. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €0.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stora Enso Oyj Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Stora Enso Oyj's Cyclically Adjusted Price-to-FCF 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 Price-to-FCF Chart

Stora Enso Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.20 26.84 24.07 16.67 14.94

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 Price-to-FCF 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 14.70 13.11 14.39 14.94 15.47

Competitive Comparison of Stora Enso Oyj's Cyclically Adjusted Price-to-FCF

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 Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.80/0.82
=15.61

* 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.

Stora Enso Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

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)
=-0.211/122.3600*122.3600
=-0.211

Current CPI (Mar. 2024) = 122.3600.

Stora Enso Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.138 100.147 0.169
201409 -0.052 100.726 -0.063
201412 0.124 100.229 0.151
201503 -0.114 100.120 -0.139
201506 0.242 100.030 0.296
201509 0.181 100.130 0.221
201512 0.020 99.990 0.024
201603 -0.028 100.080 -0.034
201606 0.340 100.390 0.414
201609 0.151 100.540 0.184
201612 0.248 101.020 0.300
201703 -0.066 100.910 -0.080
201706 0.197 101.140 0.238
201709 0.286 101.320 0.345
201712 0.272 101.510 0.328
201803 0.013 101.730 0.016
201806 0.203 102.320 0.243
201809 0.354 102.600 0.422
201812 0.149 102.710 0.178
201903 0.001 102.870 0.001
201906 0.434 103.360 0.514
201909 0.355 103.540 0.420
201912 0.555 103.650 0.655
202003 -0.134 103.490 -0.158
202006 0.212 103.320 0.251
202009 0.301 103.710 0.355
202012 0.214 103.890 0.252
202103 -0.076 104.870 -0.089
202106 0.313 105.360 0.364
202109 0.381 106.290 0.439
202112 0.436 107.490 0.496
202203 0.180 110.950 0.199
202206 0.213 113.570 0.229
202209 0.537 114.920 0.572
202212 0.182 117.320 0.190
202303 -0.080 119.750 -0.082
202306 0.075 120.690 0.076
202309 0.262 121.280 0.264
202312 0.375 121.540 0.378
202403 -0.211 122.360 -0.211

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


Stora Enso Oyj  (FRA:ENUS) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Stora Enso Oyj Cyclically Adjusted Price-to-FCF Related Terms

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


Stora Enso Oyj (FRA:ENUS) 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.

Stora Enso Oyj (FRA:ENUS) Headlines

No Headlines