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Itera ASA (OSL:ITERA) Cyclically Adjusted Price-to-FCF : 16.64 (As of May. 15, 2024)


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What is Itera ASA Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Itera ASA's current share price is kr11.65. Itera ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr0.70. Itera ASA's Cyclically Adjusted Price-to-FCF for today is 16.64.

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

OSL:ITERA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.45   Med: 31.3   Max: 60
Current: 16.81

During the past years, Itera ASA's highest Cyclically Adjusted Price-to-FCF was 60.00. The lowest was 16.45. And the median was 31.30.

OSL:ITERA's Cyclically Adjusted Price-to-FCF is ranked better than
70.12% of 676 companies
in the Software industry
Industry Median: 28.855 vs OSL:ITERA: 16.81

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.

Itera ASA's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr-0.127. 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 kr0.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Itera ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Itera ASA'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.

Itera ASA Cyclically Adjusted Price-to-FCF Chart

Itera ASA 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 36.82 35.74 27.95 20.29 17.45

Itera ASA 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 19.14 21.79 18.04 17.45 17.02

Competitive Comparison of Itera ASA's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Itera ASA'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.


Itera ASA's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Itera ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Itera ASA 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.

Itera ASA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.65/0.7
=16.64

* 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.

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

For example, Itera ASA'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)
=-0.127/131.9000*131.9000
=-0.127

Current CPI (Mar. 2024) = 131.9000.

Itera ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.122 97.500 0.165
201409 -0.065 98.500 -0.087
201412 0.508 98.600 0.680
201503 -0.135 99.200 -0.180
201506 -0.104 100.100 -0.137
201509 0.039 100.600 0.051
201512 0.322 100.900 0.421
201603 -0.068 102.500 -0.088
201606 0.092 103.800 0.117
201609 0.012 104.200 0.015
201612 0.416 104.400 0.526
201703 -0.042 105.000 -0.053
201706 0.024 105.800 0.030
201709 0.089 105.900 0.111
201712 0.277 106.100 0.344
201803 -0.166 107.300 -0.204
201806 0.165 108.500 0.201
201809 -0.009 109.500 -0.011
201812 0.452 109.800 0.543
201903 -0.092 110.400 -0.110
201906 0.294 110.600 0.351
201909 0.089 111.100 0.106
201912 0.454 111.300 0.538
202003 0.045 111.200 0.053
202006 0.438 112.100 0.515
202009 0.147 112.900 0.172
202012 0.381 112.900 0.445
202103 -0.083 114.600 -0.096
202106 0.154 115.300 0.176
202109 0.076 117.500 0.085
202112 0.525 118.900 0.582
202203 -0.055 119.800 -0.061
202206 0.099 122.600 0.107
202209 0.226 125.600 0.237
202212 0.632 125.900 0.662
202303 0.043 127.600 0.044
202306 0.360 130.400 0.364
202309 -0.126 129.800 -0.128
202312 0.630 131.900 0.630
202403 -0.127 131.900 -0.127

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.


Itera ASA  (OSL:ITERA) 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.


Itera ASA Cyclically Adjusted Price-to-FCF Related Terms

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


Itera ASA (OSL:ITERA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Itera ASA (OSL:ITERA) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Nydalsveien 28, P.O. Box 4814, Nydalen, Oslo, NOR, 0422
Itera ASA is a communication and technology company which designs, develops, and operates digital solutions for companies and organization. The company, through its subsidiaries, is engaged in providing advisory services and solutions to the banking and finance sector, and it also provides products and services for the HR, quality and management areas. Its geographical segment comprises Norway, Sweden, Denmark, Slovakia, and Ukraine. The company derives a majority of revenue from Norway.

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