GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Nordic LEVEL Group AB (OSTO:LEVEL) » Definitions » Cyclically Adjusted Price-to-FCF

Nordic LEVEL Group AB (OSTO:LEVEL) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Nordic LEVEL Group AB Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordic LEVEL Group AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nordic LEVEL Group AB'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.

Nordic LEVEL Group AB Cyclically Adjusted Price-to-FCF Chart

Nordic LEVEL Group AB 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 - - - - -

Nordic LEVEL Group AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Nordic LEVEL Group AB's Cyclically Adjusted Price-to-FCF

For the Security & Protection Services subindustry, Nordic LEVEL Group AB'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.


Nordic LEVEL Group AB's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Nordic LEVEL Group AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Nordic LEVEL Group AB's Cyclically Adjusted Price-to-FCF falls into.



Nordic LEVEL Group AB 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.

Nordic LEVEL Group AB's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Nordic LEVEL Group AB's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.153/131.9118*131.9118
=0.153

Current CPI (Dec. 2023) = 131.9118.

Nordic LEVEL Group AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -4.978 99.788 -6.581
201406 -1.288 100.432 -1.692
201409 -3.202 100.161 -4.217
201412 -1.567 100.225 -2.062
201503 -2.882 99.950 -3.804
201506 -1.337 99.995 -1.764
201509 -2.145 100.228 -2.823
201512 -0.630 100.276 -0.829
201603 -1.068 100.751 -1.398
201606 -0.669 101.019 -0.874
201609 2.209 101.138 2.881
201612 1.469 102.022 1.899
201703 -2.282 102.022 -2.951
201706 0.260 102.752 0.334
201709 -0.293 103.279 -0.374
201712 -2.619 103.793 -3.329
201803 -2.431 103.962 -3.085
201806 -1.050 104.875 -1.321
201809 -0.723 105.679 -0.902
201812 -0.592 105.912 -0.737
201903 -0.008 105.886 -0.010
201906 -0.437 106.742 -0.540
201909 -0.143 107.214 -0.176
201912 -0.104 107.766 -0.127
202003 -0.098 106.563 -0.121
202006 0.594 107.498 0.729
202009 -0.409 107.635 -0.501
202012 -0.351 108.296 -0.428
202103 -0.120 108.360 -0.146
202106 -0.752 108.928 -0.911
202109 -0.078 110.338 -0.093
202112 0.065 112.486 0.076
202203 -0.155 114.825 -0.178
202206 -0.179 118.384 -0.199
202209 -0.129 122.296 -0.139
202212 0.036 126.365 0.038
202303 -0.202 127.042 -0.210
202306 -0.040 129.407 -0.041
202309 -0.211 130.224 -0.214
202312 0.153 131.912 0.153

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.


Nordic LEVEL Group AB  (OSTO:LEVEL) 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.


Nordic LEVEL Group AB Cyclically Adjusted Price-to-FCF Related Terms

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


Nordic LEVEL Group AB (OSTO:LEVEL) Business Description

Traded in Other Exchanges
N/A
Address
Esplanaden 3 B, Sundbyberg, SWE, 172 67
Nordic LEVEL Group AB is an acquisition-driven group that acquires and develops companies in the security sector. The group is a full-service provider of trusted safety and security solutions, and the business is conducted through the group's subsidiaries in the Nordic market. LEVEL operates in three core areas: advisory, technology and operations. The company focus is to decrease societal costs by increasing both physical and perceived security for clients as well as allowing for law enforcement to focus on their primary societal responsibilities.

Nordic LEVEL Group AB (OSTO:LEVEL) Headlines

No Headlines