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Harboes Bryggeri A/S (OCSE:HARB B) Cyclically Adjusted Price-to-FCF : 18.95 (As of May. 24, 2024)


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What is Harboes Bryggeri A/S Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Harboes Bryggeri A/S's current share price is kr142.50. Harboes Bryggeri A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was kr7.52. Harboes Bryggeri A/S's Cyclically Adjusted Price-to-FCF for today is 18.95.

The historical rank and industry rank for Harboes Bryggeri A/S's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

OCSE:HARB B' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.82   Med: 17.96   Max: 1671.43
Current: 17.5

During the past years, Harboes Bryggeri A/S's highest Cyclically Adjusted Price-to-FCF was 1671.43. The lowest was 8.82. And the median was 17.96.

OCSE:HARB B's Cyclically Adjusted Price-to-FCF is ranked better than
67.59% of 108 companies
in the Beverages - Alcoholic industry
Industry Median: 29.68 vs OCSE:HARB B: 17.50

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.

Harboes Bryggeri A/S's adjusted free cash flow per share data for the three months ended in Jan. 2024 was kr9.556. 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 kr7.52 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Harboes Bryggeri A/S Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Harboes Bryggeri A/S'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.

Harboes Bryggeri A/S Cyclically Adjusted Price-to-FCF Chart

Harboes Bryggeri A/S Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 21.46 34.22

Harboes Bryggeri A/S Quarterly Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Jul20 Oct20 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 16.43 34.22 12.42 11.01 8.94

Competitive Comparison of Harboes Bryggeri A/S's Cyclically Adjusted Price-to-FCF

For the Beverages - Brewers subindustry, Harboes Bryggeri A/S'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.


Harboes Bryggeri A/S's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Harboes Bryggeri A/S's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Harboes Bryggeri A/S's Cyclically Adjusted Price-to-FCF falls into.



Harboes Bryggeri A/S 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.

Harboes Bryggeri A/S's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=142.50/7.52
=18.95

* 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.

Harboes Bryggeri A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Harboes Bryggeri A/S's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=9.556/117.8000*117.8000
=9.556

Current CPI (Jan. 2024) = 117.8000.

Harboes Bryggeri A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201110 -2.121 96.400 -2.592
201201 0.749 96.700 0.912
201204 1.615 98.300 1.935
201207 -5.270 98.200 -6.322
201210 1.859 98.700 2.219
201301 -2.538 97.900 -3.054
201304 7.834 99.100 9.312
201307 3.393 98.800 4.046
201310 0.836 99.300 0.992
201401 -2.463 98.900 -2.934
201404 -1.982 99.800 -2.339
201407 -5.246 99.500 -6.211
201410 5.889 99.800 6.951
201501 10.039 98.800 11.970
201504 1.456 100.300 1.710
201507 -2.640 100.200 -3.104
201510 15.000 100.100 17.652
201604 0.000 100.300 0.000
201610 0.000 100.400 0.000
201704 0.000 101.400 0.000
201710 0.000 101.900 0.000
201804 0.000 102.200 0.000
201810 0.000 102.700 0.000
201904 0.000 103.200 0.000
201910 0.000 103.300 0.000
202004 0.000 103.200 0.000
202007 -16.210 104.000 -18.361
202010 20.800 103.700 23.628
202104 0.000 104.700 0.000
202107 2.946 105.700 3.283
202110 -8.081 106.800 -8.913
202201 5.731 108.100 6.245
202204 11.133 111.700 11.741
202207 -10.688 114.900 -10.958
202210 -9.167 117.600 -9.183
202301 4.120 116.400 4.170
202304 -12.765 117.600 -12.787
202307 19.809 118.500 19.692
202310 7.100 117.700 7.106
202401 9.556 117.800 9.556

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.


Harboes Bryggeri A/S  (OCSE:HARB B) 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.


Harboes Bryggeri A/S Cyclically Adjusted Price-to-FCF Related Terms

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


Harboes Bryggeri A/S (OCSE:HARB B) Business Description

Traded in Other Exchanges
Address
Spegerborgvej 34, Skælskør, DNK, 4230
Harboes Bryggeri A/S is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.

Harboes Bryggeri A/S (OCSE:HARB B) Headlines

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