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Kesko Oyj (LTS:0BNT) Cyclically Adjusted Price-to-FCF : 8.40 (As of May. 20, 2024)


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What is Kesko Oyj Cyclically Adjusted Price-to-FCF?

As of today (2024-05-20), Kesko Oyj's current share price is €17.0525. Kesko Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.03. Kesko Oyj's Cyclically Adjusted Price-to-FCF for today is 8.40.

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

LTS:0BNT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.13   Med: 16.25   Max: 59.33
Current: 8.56

During the past years, Kesko Oyj's highest Cyclically Adjusted Price-to-FCF was 59.33. The lowest was 8.13. And the median was 16.25.

LTS:0BNT's Cyclically Adjusted Price-to-FCF is ranked better than
76.19% of 126 companies
in the Retail - Defensive industry
Industry Median: 15.495 vs LTS:0BNT: 8.56

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.

Kesko Oyj's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.280. 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 €2.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kesko Oyj Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kesko 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.

Kesko Oyj Cyclically Adjusted Price-to-FCF Chart

Kesko 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 54.89 16.11 17.90 11.46 9.10

Kesko 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 10.87 9.42 9.00 9.10 8.57

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

For the Grocery Stores subindustry, Kesko 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.


Kesko Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kesko Oyj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kesko 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=17.0525/2.03
=8.40

* 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.

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

For example, Kesko 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)
=0.28/122.3600*122.3600
=0.280

Current CPI (Mar. 2024) = 122.3600.

Kesko Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.329 100.147 0.402
201409 0.343 100.726 0.417
201412 0.344 100.229 0.420
201503 -0.230 100.120 -0.281
201506 0.357 100.030 0.437
201509 0.203 100.130 0.248
201512 0.308 99.990 0.377
201603 -0.250 100.080 -0.306
201606 0.202 100.390 0.246
201609 0.200 100.540 0.243
201612 0.267 101.020 0.323
201703 -0.143 100.910 -0.173
201706 0.355 101.140 0.429
201709 0.257 101.320 0.310
201712 0.291 101.510 0.351
201803 0.375 101.730 0.451
201806 0.449 102.320 0.537
201809 0.472 102.600 0.563
201812 0.528 102.710 0.629
201903 0.408 102.870 0.485
201906 0.684 103.360 0.810
201909 0.481 103.540 0.568
201912 0.690 103.650 0.815
202003 0.342 103.490 0.404
202006 1.064 103.320 1.260
202009 0.723 103.710 0.853
202012 0.777 103.890 0.915
202103 0.391 104.870 0.456
202106 0.873 105.360 1.014
202109 0.960 106.290 1.105
202112 0.678 107.490 0.772
202203 0.179 110.950 0.197
202206 0.660 113.570 0.711
202209 0.802 114.920 0.854
202212 0.662 117.320 0.690
202303 0.068 119.750 0.069
202306 0.717 120.690 0.727
202309 0.993 121.280 1.002
202312 0.861 121.540 0.867
202403 0.280 122.360 0.280

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.


Kesko Oyj  (LTS:0BNT) 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.


Kesko Oyj Cyclically Adjusted Price-to-FCF Related Terms

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Kesko Oyj (LTS:0BNT) Business Description

Industry
Address
Tyopajankatu 12, Helsinki, FIN, 00580
Kesko Oyj is a Finland-based retail conglomerate that operates in three divisions: Grocery, Building and Technical, and Car. The Grocery segment provides the customers with K-food retailers running their locally tailored stores, acting in a chain business model. Chains include K-Citymarket, K-Supermarket, K-Market, and Neste K. The Building and Technical Sector produces construction materials, leisure athletic goods, and infrastructure tools and operates out of Scandinavia and Eastern Europe, both in digital and brick-and-mortar stores. The Car division acts as an importer and leaser for various European car brands, including Volkswagen, SEAT, Audi, and Porsche as well as a seller of used cars online and in-store. The Grocery segment in Finland produces the most revenue.

Kesko Oyj (LTS:0BNT) Headlines

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