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Alandsbanken ABP (LTS:0O2N) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Alandsbanken ABP Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alandsbanken ABP Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alandsbanken ABP'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.

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Alandsbanken ABP Cyclically Adjusted Price-to-FCF Chart

Alandsbanken ABP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Alandsbanken ABP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Alandsbanken ABP's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Alandsbanken ABP'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.


Alandsbanken ABP's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Alandsbanken ABP's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Alandsbanken ABP 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.

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

For example, Alandsbanken ABP'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)
=-4.72/122.3600*122.3600
=-4.720

Current CPI (Mar. 2024) = 122.3600.

Alandsbanken ABP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.533 100.147 1.873
201409 4.777 100.726 5.803
201412 -20.667 100.229 -25.230
201503 4.096 100.120 5.006
201506 -8.021 100.030 -9.812
201509 -6.050 100.130 -7.393
201512 2.544 99.990 3.113
201603 14.911 100.080 18.231
201606 5.376 100.390 6.553
201609 -6.547 100.540 -7.968
201612 -0.319 101.020 -0.386
201703 1.959 100.910 2.375
201706 3.897 101.140 4.715
201709 -12.376 101.320 -14.946
201712 -2.648 101.510 -3.192
201803 -3.854 101.730 -4.636
201806 3.163 102.320 3.782
201809 -7.257 102.600 -8.655
201812 2.484 102.710 2.959
201903 -5.726 102.870 -6.811
201906 -6.783 103.360 -8.030
201909 -1.386 103.540 -1.638
201912 11.425 103.650 13.487
202003 2.988 103.490 3.533
202006 11.401 103.320 13.502
202009 -9.598 103.710 -11.324
202012 6.958 103.890 8.195
202103 5.131 104.870 5.987
202106 1.814 105.360 2.107
202109 2.404 106.290 2.767
202112 6.631 107.490 7.548
202203 2.868 110.950 3.163
202206 -23.875 113.570 -25.723
202209 4.120 114.920 4.387
202212 -14.380 117.320 -14.998
202303 -6.803 119.750 -6.951
202306 2.599 120.690 2.635
202309 6.815 121.280 6.876
202312 0.779 121.540 0.784
202403 -4.720 122.360 -4.720

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.


Alandsbanken ABP  (LTS:0O2N) 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.


Alandsbanken ABP Cyclically Adjusted Price-to-FCF Related Terms

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


Alandsbanken ABP (LTS:0O2N) Business Description

Industry
Traded in Other Exchanges
Address
Nygatan 2, Aland, Mariehamn, FIN, AX-22100
Alandsbanken ABP is a private banking operator based in Finland. The services offered by the company include Account, Insurance, Loans, Digital services, Basic banking services and Invest and Save among others. The reportable segments of the company are Private Banking, Premium Banking, IT, Corporate and other.

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