GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » UPM-Kymmene Oyj (OTCPK:UPMKF) » Definitions » Cyclically Adjusted FCF per Share

UPM-Kymmene Oyj (UPM-Kymmene Oyj) Cyclically Adjusted FCF per Share : $0.00 (As of Mar. 2024)


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

What is UPM-Kymmene Oyj 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.

UPM-Kymmene Oyj's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.404. 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 $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, UPM-Kymmene Oyj's average Cyclically Adjusted FCF Growth Rate was 13.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -5.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 3.50% 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 UPM-Kymmene Oyj was 12.70% per year. The lowest was -12.00% per year. And the median was -2.60% per year.

As of today (2024-04-27), UPM-Kymmene Oyj's current stock price is $37.75. UPM-Kymmene Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.00. UPM-Kymmene Oyj's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of UPM-Kymmene Oyj was 32.70. The lowest was 6.55. And the median was 16.15.


UPM-Kymmene Oyj Cyclically Adjusted FCF per Share Historical Data

The historical data trend for UPM-Kymmene Oyj'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.

UPM-Kymmene Oyj Cyclically Adjusted FCF per Share Chart

UPM-Kymmene Oyj 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 1.98 2.08 1.70 1.40 1.67

UPM-Kymmene Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.56 1.57 1.55 1.67 -

Competitive Comparison of UPM-Kymmene Oyj's Cyclically Adjusted FCF per Share

For the Paper & Paper Products subindustry, UPM-Kymmene Oyj'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.


UPM-Kymmene Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, UPM-Kymmene Oyj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where UPM-Kymmene Oyj's Cyclically Adjusted Price-to-FCF falls into.



UPM-Kymmene Oyj 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, UPM-Kymmene Oyj'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)
=0.404/121.2200*121.2200
=0.404

Current CPI (Mar. 2024) = 121.2200.

UPM-Kymmene Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.278 100.147 0.336
201409 0.482 100.726 0.580
201412 0.831 100.229 1.005
201503 0.053 100.120 0.064
201506 0.446 100.030 0.540
201509 0.494 100.130 0.598
201512 0.572 99.990 0.693
201603 0.547 100.080 0.663
201606 0.714 100.390 0.862
201609 0.852 100.540 1.027
201612 0.651 101.020 0.781
201703 0.662 100.910 0.795
201706 0.453 101.140 0.543
201709 0.907 101.320 1.085
201712 0.670 101.510 0.800
201803 0.335 101.730 0.399
201806 0.510 102.320 0.604
201809 0.711 102.600 0.840
201812 0.587 102.710 0.693
201903 0.498 102.870 0.587
201906 0.750 103.360 0.880
201909 0.855 103.540 1.001
201912 0.921 103.650 1.077
202003 -0.102 103.490 -0.119
202006 -0.084 103.320 -0.099
202009 0.402 103.710 0.470
202012 0.205 103.890 0.239
202103 -0.127 104.870 -0.147
202106 -0.230 105.360 -0.265
202109 -0.104 106.290 -0.119
202112 -0.140 107.490 -0.158
202203 -0.663 110.950 -0.724
202206 -2.476 113.570 -2.643
202209 -1.038 114.920 -1.095
202212 2.306 117.320 2.383
202303 0.827 119.750 0.837
202306 0.333 120.690 0.334
202309 0.686 121.280 0.686
202312 0.550 121.220 0.550
202403 0.404 121.220 0.404

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


UPM-Kymmene Oyj  (OTCPK:UPMKF) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of UPM-Kymmene Oyj was 32.70. The lowest was 6.55. And the median was 16.15.


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.


UPM-Kymmene Oyj Cyclically Adjusted FCF per Share Related Terms

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


UPM-Kymmene Oyj (UPM-Kymmene Oyj) Business Description

Traded in Other Exchanges
Address
Alvar Aallon katu 1, P.O. Box 380, Helsinki, FIN, FI-00100
UPM-Kymmene Oyj is a Finnish paper and biomaterials company. The company produces products related to the forestry industry including paper, pulp, and plywood. UPM is also a major electricity generator in Finland and is one of the global producers of self-adhesive labeling materials. It delivers responsible solutions and innovation for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, and UPM Plywood. Geographically, the company has operational footprints in Sweden, Finland, the Netherlands, and other regions.

UPM-Kymmene Oyj (UPM-Kymmene Oyj) Headlines

From GuruFocus

UPM-Kymmene Oyj's Dividend Analysis

By GuruFocus Research 10-24-2023

3 Stocks Granting Superb Forward Dividend Yields

By Alberto Abaterusso Alberto Abaterusso 05-28-2019