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VNV Global AB (OSTO:VNV) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is VNV Global AB Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


VNV Global AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for VNV Global 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.

VNV Global AB Cyclically Adjusted Price-to-FCF Chart

VNV Global 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 - 25.94 37.33 - -

VNV Global 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 9,238.18 - - - -

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

For the Asset Management subindustry, VNV Global 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.


VNV Global AB's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, VNV Global AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



VNV Global 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.

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

For example, VNV Global 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)
=3.302/132.2054*132.2054
=3.302

Current CPI (Mar. 2024) = 132.2054.

VNV Global AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.700 100.432 -2.238
201409 -4.740 100.161 -6.256
201412 0.271 100.225 0.357
201503 2.173 99.950 2.874
201506 -1.012 99.995 -1.338
201509 -2.147 100.228 -2.832
201512 2.428 100.276 3.201
201603 -1.657 100.751 -2.174
201606 -0.195 101.019 -0.255
201609 -0.474 101.138 -0.620
201612 -0.463 102.022 -0.600
201703 0.822 102.022 1.065
201706 -2.627 102.752 -3.380
201709 1.903 103.279 2.436
201712 -1.218 103.793 -1.551
201803 -0.960 103.962 -1.221
201806 -1.327 104.875 -1.673
201809 -0.612 105.679 -0.766
201812 -0.189 105.912 -0.236
201903 52.814 105.886 65.942
201906 -11.204 106.742 -13.877
201909 -5.242 107.214 -6.464
201912 -6.940 107.766 -8.514
202003 -0.860 106.563 -1.067
202006 -0.073 107.498 -0.090
202009 -3.475 107.635 -4.268
202012 -5.117 108.296 -6.247
202103 -2.032 108.360 -2.479
202106 -7.772 108.928 -9.433
202109 -1.724 110.338 -2.066
202112 -4.020 112.486 -4.725
202203 -5.270 114.825 -6.068
202206 -1.534 118.384 -1.713
202209 2.224 122.296 2.404
202212 -2.025 126.365 -2.119
202303 -0.260 127.042 -0.271
202306 -3.354 129.407 -3.427
202309 -0.054 130.224 -0.055
202312 0.254 131.912 0.255
202403 3.302 132.205 3.302

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.


VNV Global AB  (OSTO:VNV) 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.


VNV Global AB Cyclically Adjusted Price-to-FCF Related Terms

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VNV Global AB (OSTO:VNV) Business Description

Traded in Other Exchanges
Address
Master Samuelsgatan 1, 1st Floor, Stockholm, SWE, SE-111 44
VNV Global is an investment company. It is focused on long-term investments in primarily unlisted companies in both developed and emerging markets. The company's business concept is to identify and invest in assets with potential for value appreciation with a special focus on businesses with strong network effects. The investment portfolio consists of holdings in the sectors of digital health, mobility, classifieds, and other.

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