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Danske Bank A/S (Danske Bank A/S) Cyclically Adjusted Price-to-FCF : 8.10 (As of Apr. 28, 2024)


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What is Danske Bank A/S Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Danske Bank A/S's current share price is $29.33. Danske Bank A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.62. Danske Bank A/S's Cyclically Adjusted Price-to-FCF for today is 8.10.

The historical rank and industry rank for Danske Bank A/S's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

DNSKF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.59   Med: 8.66   Max: 31.43
Current: 8.31

During the past years, Danske Bank A/S's highest Cyclically Adjusted Price-to-FCF was 31.43. The lowest was 4.59. And the median was 8.66.

DNSKF's Cyclically Adjusted Price-to-FCF is ranked worse than
57.21% of 832 companies
in the Banks industry
Industry Median: 7.405 vs DNSKF: 8.31

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.

Danske Bank A/S's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-6.366. 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 $3.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Danske Bank A/S Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Danske Bank A/S'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.

Danske Bank A/S Cyclically Adjusted Price-to-FCF Chart

Danske Bank A/S 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 - 8.62 7.17 - 7.39

Danske Bank A/S 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 - 19.67 14.06 7.26 7.39

Competitive Comparison of Danske Bank A/S's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Danske Bank A/S'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.


Danske Bank A/S's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Danske Bank A/S's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Danske Bank A/S's Cyclically Adjusted Price-to-FCF falls into.



Danske Bank A/S 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.

Danske Bank A/S's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=29.33/3.62
=8.10

* 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.

Danske Bank A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Danske Bank A/S'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)
=-6.366/116.7000*116.7000
=-6.366

Current CPI (Dec. 2023) = 116.7000.

Danske Bank A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 3.108 99.600 3.642
201406 -2.735 99.700 -3.201
201409 -1.702 99.700 -1.992
201412 0.002 99.400 0.002
201503 16.850 100.200 19.625
201506 8.569 100.300 9.970
201509 -10.592 100.200 -12.336
201512 -9.018 99.800 -10.545
201603 4.343 100.200 5.058
201606 7.757 100.600 8.998
201609 12.635 100.200 14.716
201612 -3.746 100.300 -4.359
201703 16.151 101.200 18.625
201706 4.358 101.200 5.025
201709 -4.035 101.800 -4.626
201712 6.840 101.300 7.880
201803 -1.939 101.700 -2.225
201806 -9.853 102.300 -11.240
201809 -8.614 102.400 -9.817
201812 -5.674 102.100 -6.485
201903 -3.952 102.900 -4.482
201906 1.699 102.900 1.927
201909 -15.741 102.900 -17.852
201912 -4.216 102.900 -4.781
202003 10.244 103.300 11.573
202006 7.612 103.200 8.608
202009 -0.691 103.500 -0.779
202012 16.246 103.400 18.336
202103 -1.151 104.300 -1.288
202106 -4.651 105.000 -5.169
202109 -8.989 105.800 -9.915
202112 7.183 106.600 7.864
202203 -4.062 109.900 -4.313
202206 -1.635 113.600 -1.680
202209 1.514 116.400 1.518
202212 -14.333 115.900 -14.432
202303 17.119 117.300 17.031
202306 -0.975 116.400 -0.978
202309 13.513 117.400 13.432
202312 -6.366 116.700 -6.366

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.


Danske Bank A/S  (OTCPK:DNSKF) 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.


Danske Bank A/S Cyclically Adjusted Price-to-FCF Related Terms

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


Danske Bank A/S (Danske Bank A/S) Business Description

Industry
Address
Holmens Kanal 2-12, Copenhagen, DNK, DK-1092
Founded in 1871, Danske Bank's headquarters are in Copenhagen, Denmark. It is the largest Danish bank with a dominant market share of 27% in lending and 29% in deposits. It operates through 270 branches in Denmark, Finland, Sweden, Norway, Ireland, and the United Kingdom. With the establishment of its wealth management segment in April 2016, the bank now operates via five segments. The others are banking Denmark, banking Nordics, corporates and institutions, and Northern Ireland.

Danske Bank A/S (Danske Bank A/S) Headlines

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