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Prevas AB (OSTO:PREV B) Cyclically Adjusted Price-to-FCF : 25.72 (As of Jun. 04, 2024)


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What is Prevas AB Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Prevas AB's current share price is kr137.60. Prevas AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr5.35. Prevas AB's Cyclically Adjusted Price-to-FCF for today is 25.72.

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

OSTO:PREV B' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.31   Med: 28.46   Max: 48.99
Current: 26.38

During the past years, Prevas AB's highest Cyclically Adjusted Price-to-FCF was 48.99. The lowest was 14.31. And the median was 28.46.

OSTO:PREV B's Cyclically Adjusted Price-to-FCF is ranked better than
52.94% of 680 companies
in the Software industry
Industry Median: 28.39 vs OSTO:PREV B: 26.38

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.

Prevas AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr1.943. 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 kr5.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prevas AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Prevas 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.

Prevas AB Cyclically Adjusted Price-to-FCF Chart

Prevas 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 27.86 25.17 36.22 29.75 22.79

Prevas AB 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 36.11 27.92 18.82 22.79 22.90

Competitive Comparison of Prevas AB's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Prevas 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.


Prevas AB's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Prevas 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.

Prevas AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=137.60/5.35
=25.72

* 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.

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

For example, Prevas AB'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)
=1.943/132.2054*132.2054
=1.943

Current CPI (Mar. 2024) = 132.2054.

Prevas AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.107 100.432 -0.141
201409 -0.359 100.161 -0.474
201412 0.672 100.225 0.886
201503 1.112 99.950 1.471
201506 0.351 99.995 0.464
201509 -0.976 100.228 -1.287
201512 -0.305 100.276 -0.402
201603 1.569 100.751 2.059
201606 0.213 101.019 0.279
201609 -1.761 101.138 -2.302
201612 -0.278 102.022 -0.360
201703 1.218 102.022 1.578
201706 0.195 102.752 0.251
201709 -0.458 103.279 -0.586
201712 -0.517 103.793 -0.659
201803 1.089 103.962 1.385
201806 0.064 104.875 0.081
201809 0.162 105.679 0.203
201812 0.199 105.912 0.248
201903 0.479 105.886 0.598
201906 2.248 106.742 2.784
201909 1.435 107.214 1.769
201912 1.376 107.766 1.688
202003 3.107 106.563 3.855
202006 5.080 107.498 6.248
202009 0.252 107.635 0.310
202012 3.048 108.296 3.721
202103 -0.484 108.360 -0.591
202106 -0.273 108.928 -0.331
202109 4.703 110.338 5.635
202112 1.822 112.486 2.141
202203 1.544 114.825 1.778
202206 2.330 118.384 2.602
202209 1.692 122.296 1.829
202212 2.060 126.365 2.155
202303 1.657 127.042 1.724
202306 3.748 129.407 3.829
202309 3.866 130.224 3.925
202312 3.221 131.912 3.228
202403 1.943 132.205 1.943

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.


Prevas AB  (OSTO:PREV 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.


Prevas AB Cyclically Adjusted Price-to-FCF Related Terms

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


Prevas AB (OSTO:PREV B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Prevas AB (OSTO:PREV B) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Glodgargrand 14, Box 4, Vasteras, SWE, 72103
Prevas AB is a Sweden-based information technology (IT) company that offers solutions, services, and products to customers, who develop products with high IT content, and need to streamline and automate their operations. The company's products are segmented as automotive, products and units, steel and minerals, defense, energy, life science, manufacturing, engineering, and telecom industries.

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