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Nordea Bank Abp (OHEL:NDA FI) Cyclically Adjusted Price-to-FCF : 17.62 (As of May. 28, 2024)


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What is Nordea Bank Abp Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Nordea Bank Abp's current share price is €11.275. Nordea Bank Abp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.64. Nordea Bank Abp's Cyclically Adjusted Price-to-FCF for today is 17.62.

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

OHEL:NDA FI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.68   Med: 7.53   Max: 18.29
Current: 17.83

During the past years, Nordea Bank Abp's highest Cyclically Adjusted Price-to-FCF was 18.29. The lowest was 4.68. And the median was 7.53.

OHEL:NDA FI's Cyclically Adjusted Price-to-FCF is ranked worse than
88.8% of 830 companies
in the Banks industry
Industry Median: 7.35 vs OHEL:NDA FI: 17.83

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.

Nordea Bank Abp's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-1.959. 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 €0.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordea Bank Abp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nordea Bank 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.

* Premium members only.

Nordea Bank Abp Cyclically Adjusted Price-to-FCF Chart

Nordea Bank Abp 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 12.53 10.09 10.69 9.00 13.90

Nordea Bank Abp 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 8.01 7.93 8.22 13.90 16.35

Competitive Comparison of Nordea Bank Abp's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Nordea Bank 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.


Nordea Bank Abp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Nordea Bank Abp's Cyclically Adjusted Price-to-FCF falls into.



Nordea Bank 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.

Nordea Bank Abp's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.275/0.64
=17.62

* 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.

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

For example, Nordea Bank 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)
=-1.959/122.3600*122.3600
=-1.959

Current CPI (Mar. 2024) = 122.3600.

Nordea Bank Abp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.006 100.147 -2.451
201409 -1.257 100.726 -1.527
201412 0.894 100.229 1.091
201503 2.369 100.120 2.895
201506 0.579 100.030 0.708
201509 -0.121 100.130 -0.148
201512 -2.915 99.990 -3.567
201603 4.199 100.080 5.134
201606 0.140 100.390 0.171
201609 0.957 100.540 1.165
201612 -4.756 101.020 -5.761
201703 7.289 100.910 8.838
201706 0.439 101.140 0.531
201709 -3.005 101.320 -3.629
201712 -1.838 101.510 -2.216
201803 -0.686 101.730 -0.825
201806 -0.509 102.320 -0.609
201809 2.454 102.600 2.927
201812 -0.753 102.710 -0.897
201903 1.718 102.870 2.043
201906 -1.303 103.360 -1.543
201909 -2.129 103.540 -2.516
201912 0.975 103.650 1.151
202003 2.149 103.490 2.541
202006 1.141 103.320 1.351
202009 0.458 103.710 0.540
202012 -4.204 103.890 -4.951
202103 5.605 104.870 6.540
202106 -1.099 105.360 -1.276
202109 6.074 106.290 6.992
202112 -6.414 107.490 -7.301
202203 6.278 110.950 6.924
202206 0.881 113.570 0.949
202209 0.502 114.920 0.534
202212 -2.210 117.320 -2.305
202303 0.678 119.750 0.693
202306 0.348 120.690 0.353
202309 -0.468 121.280 -0.472
202312 -2.535 121.540 -2.552
202403 -1.959 122.360 -1.959

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.


Nordea Bank Abp  (OHEL:NDA FI) 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.


Nordea Bank Abp Cyclically Adjusted Price-to-FCF Related Terms

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


Nordea Bank Abp (OHEL:NDA FI) Business Description

Industry
Address
Hamnbanegatan 5, Helsinki, FIN, FI-00020
Nordea is a universal Nordic bank which generates most of its income through vanilla lending products such as mortgages, household loans and corporate loans. The bank is also a leading equity and debt underwriter and issuer specialized in the Nordics, generating roughly one tenth of the group's income. Nordea also offers life and pension, savings and asset management, as well as private banking services to high-net-worth individuals. It operates primarily in Sweden, Denmark, Finland, and Norway.

Nordea Bank Abp (OHEL:NDA FI) Headlines

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