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Svenska Handelsbanken AB (Svenska Handelsbanken AB) Cyclically Adjusted Price-to-FCF : 14.10 (As of Apr. 28, 2024)


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What is Svenska Handelsbanken AB Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Svenska Handelsbanken AB's current share price is $4.37. Svenska Handelsbanken AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.31. Svenska Handelsbanken AB's Cyclically Adjusted Price-to-FCF for today is 14.10.

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

SVNLY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.46   Med: 6.99   Max: 89.71
Current: 14.22

During the past years, Svenska Handelsbanken AB's highest Cyclically Adjusted Price-to-FCF was 89.71. The lowest was 2.46. And the median was 6.99.

SVNLY's Cyclically Adjusted Price-to-FCF is ranked worse than
81.13% of 832 companies
in the Banks industry
Industry Median: 7.405 vs SVNLY: 14.22

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.

Svenska Handelsbanken AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $2.475. 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 $0.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Svenska Handelsbanken AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Svenska Handelsbanken 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.

Svenska Handelsbanken AB Cyclically Adjusted Price-to-FCF Chart

Svenska Handelsbanken 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 8.50 5.24 10.09 11.79 35.27

Svenska Handelsbanken 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 9.71 7.45 80.28 35.27 15.97

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

For the Banks - Diversified subindustry, Svenska Handelsbanken 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.


Svenska Handelsbanken AB's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Svenska Handelsbanken AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Svenska Handelsbanken 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.37/0.31
=14.10

* 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.

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

For example, Svenska Handelsbanken 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)
=2.475/130.9575*130.9575
=2.475

Current CPI (Mar. 2024) = 130.9575.

Svenska Handelsbanken AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.604 100.432 2.092
201409 -1.299 100.161 -1.698
201412 0.853 100.225 1.115
201503 -0.034 99.950 -0.045
201506 -0.773 99.995 -1.012
201509 -0.061 100.228 -0.080
201512 -7.318 100.276 -9.557
201603 8.775 100.751 11.406
201606 0.470 101.019 0.609
201609 -4.434 101.138 -5.741
201612 -4.174 102.022 -5.358
201703 5.363 102.022 6.884
201706 2.104 102.752 2.682
201709 -1.934 103.279 -2.452
201712 -4.866 103.793 -6.140
201803 1.427 103.962 1.798
201806 2.437 104.875 3.043
201809 -0.495 105.679 -0.613
201812 -1.080 105.912 -1.335
201903 1.377 105.886 1.703
201906 -2.239 106.742 -2.747
201909 0.856 107.214 1.046
201912 0.535 107.766 0.650
202003 7.038 106.563 8.649
202006 1.094 107.498 1.333
202009 -2.320 107.635 -2.823
202012 -4.463 108.296 -5.397
202103 8.300 108.360 10.031
202106 -2.219 108.928 -2.668
202109 0.327 110.338 0.388
202112 -4.738 112.486 -5.516
202203 3.122 114.825 3.561
202206 1.583 118.384 1.751
202209 -1.262 122.296 -1.351
202212 -4.050 126.365 -4.197
202303 -0.133 127.042 -0.137
202306 0.823 129.407 0.833
202309 -0.584 130.224 -0.587
202312 0.429 130.958 0.429
202403 2.475 130.958 2.475

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.


Svenska Handelsbanken AB  (OTCPK:SVNLY) 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.


Svenska Handelsbanken AB Cyclically Adjusted Price-to-FCF Related Terms

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Svenska Handelsbanken AB (Svenska Handelsbanken AB) Business Description

Address
Kungstradgardsgatan 2, Stockholm, SWE, SE-106 70
Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market; about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the U.K. and Netherlands. Handelsbanken generates about three fourths of its income through its interest spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises. The bank increasingly offers asset-management, mutual fund and private banking services to its clients.

Svenska Handelsbanken AB (Svenska Handelsbanken AB) Headlines

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