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Schibsted ASA (Schibsted ASA) Cyclically Adjusted FCF per Share : $0.52 (As of Dec. 2023)


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What is Schibsted ASA Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Schibsted ASA's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.086. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.52 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Schibsted ASA's average Cyclically Adjusted FCF Growth Rate was -4.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -10.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -11.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Schibsted ASA was -8.10% per year. The lowest was -14.70% per year. And the median was -10.75% per year.

As of today (2024-04-27), Schibsted ASA's current stock price is $29.575. Schibsted ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.52. Schibsted ASA's Cyclically Adjusted Price-to-FCF of today is 56.88.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Schibsted ASA was 68.35. The lowest was 13.81. And the median was 29.64.


Schibsted ASA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Schibsted ASA's Cyclically Adjusted FCF per Share 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.

Schibsted ASA Cyclically Adjusted FCF per Share Chart

Schibsted ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.78 1.00 0.55 0.52

Schibsted ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 0.55 0.65 0.60 0.55 0.52

Competitive Comparison of Schibsted ASA's Cyclically Adjusted FCF per Share

For the Publishing subindustry, Schibsted 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.


Schibsted ASA's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Schibsted ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Schibsted ASA Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Schibsted ASA'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)
=0.086/131.9000*131.9000
=0.086

Current CPI (Dec. 2023) = 131.9000.

Schibsted ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.095 97.300 -0.129
201406 0.315 97.500 0.426
201409 0.306 98.500 0.410
201412 0.298 98.600 0.399
201503 -0.086 99.200 -0.114
201506 0.152 100.100 0.200
201509 0.127 100.600 0.167
201512 0.099 100.900 0.129
201603 0.008 102.500 0.010
201606 0.235 103.800 0.299
201609 0.018 104.200 0.023
201612 0.164 104.400 0.207
201703 -0.020 105.000 -0.025
201706 -0.012 105.800 -0.015
201709 0.224 105.900 0.279
201712 0.047 106.100 0.058
201803 0.088 107.300 0.108
201806 0.181 108.500 0.220
201809 0.197 109.500 0.237
201812 0.031 109.800 0.037
201903 0.281 110.400 0.336
201906 0.125 110.600 0.149
201909 0.290 111.100 0.344
201912 0.227 111.300 0.269
202003 0.116 111.200 0.138
202006 0.077 112.100 0.091
202009 0.194 112.900 0.227
202012 0.224 112.900 0.262
202103 0.222 114.600 0.256
202106 0.165 115.300 0.189
202109 0.173 117.500 0.194
202112 0.201 118.900 0.223
202203 -0.062 119.800 -0.068
202206 0.058 122.600 0.062
202209 0.083 125.600 0.087
202212 0.186 125.900 0.195
202303 0.088 127.600 0.091
202306 0.064 130.400 0.065
202309 0.130 129.800 0.132
202312 0.086 131.900 0.086

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Schibsted ASA  (OTCPK:SBSNY) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Schibsted ASA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=29.575/0.52
=56.88

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Schibsted ASA was 68.35. The lowest was 13.81. And the median was 29.64.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Schibsted ASA Cyclically Adjusted FCF per Share Related Terms

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


Schibsted ASA (Schibsted ASA) Business Description

Address
Akersgata 55, PO Box 490 Sentrum, Oslo, NOR, 0180
Schibsted ASA is a Norway-based multimedia group that owns and operates newspapers, online classified advertisement websites, publishing houses, and other multimedia services. The company's largest sources of revenue are its Norwegian and Swedish newspapers and tabloid magazines such as Verdens Gang, Aftenposten, and Aftonbladet. It also operates other regional magazines, classified websites, and local newspapers in over 25 different countries around Europe, Asia, Latin America, and Africa. Schibsted's largest newspaper operations outside of Scandinavia are based in Spain and France.

Schibsted ASA (Schibsted ASA) Headlines

From GuruFocus

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