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ASAZY (Assa Abloy AB) Cyclically Adjusted FCF per Share : $0.74 (As of Mar. 2025)


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What is Assa Abloy AB 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.

Assa Abloy AB's adjusted free cash flow per share for the three months ended in Mar. 2025 was $0.093. 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 $0.74 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Assa Abloy AB's average Cyclically Adjusted FCF Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 20.50% 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 Assa Abloy AB was 25.80% per year. The lowest was 4.20% per year. And the median was 13.80% per year.

As of today (2025-05-15), Assa Abloy AB's current stock price is $15.91. Assa Abloy AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $0.74. Assa Abloy AB's Cyclically Adjusted Price-to-FCF of today is 21.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Assa Abloy AB was 40.38. The lowest was 17.55. And the median was 31.74.


Assa Abloy AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Assa Abloy AB'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.

Assa Abloy AB Cyclically Adjusted FCF per Share Chart

Assa Abloy AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.55 0.56 0.67 0.66

Assa Abloy AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.64 0.66 0.70 0.66 0.74

Competitive Comparison of Assa Abloy AB's Cyclically Adjusted FCF per Share

For the Security & Protection Services subindustry, Assa Abloy 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.


Assa Abloy AB's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Assa Abloy AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Assa Abloy AB 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, Assa Abloy AB's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.093/132.8245*132.8245
=0.093

Current CPI (Mar. 2025) = 132.8245.

Assa Abloy AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.085 99.995 0.113
201509 0.135 100.228 0.179
201512 0.171 100.276 0.227
201603 -0.048 100.751 -0.063
201606 0.108 101.019 0.142
201609 0.118 101.138 0.155
201612 0.179 102.022 0.233
201703 0.006 102.022 0.008
201706 0.077 102.752 0.100
201709 0.050 103.279 0.064
201712 0.250 103.793 0.320
201803 -0.011 103.962 -0.014
201806 0.087 104.875 0.110
201809 0.117 105.679 0.147
201812 0.180 105.912 0.226
201903 0.028 105.886 0.035
201906 0.136 106.742 0.169
201909 0.183 107.214 0.227
201912 0.165 107.766 0.203
202003 0.026 106.563 0.032
202006 0.150 107.498 0.185
202009 0.176 107.635 0.217
202012 0.255 108.296 0.313
202103 0.120 108.360 0.147
202106 0.160 108.928 0.195
202109 1.564 110.338 1.883
202112 0.123 112.486 0.145
202203 0.026 114.825 0.030
202206 0.123 118.384 0.138
202209 0.154 122.296 0.167
202212 0.231 126.365 0.243
202303 0.154 127.042 0.161
202306 0.193 129.407 0.198
202309 0.202 130.224 0.206
202312 0.251 131.912 0.253
202403 0.115 132.205 0.116
202406 0.190 132.716 0.190
202409 0.226 132.304 0.227
202412 0.291 132.987 0.291
202503 0.093 132.825 0.093

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


Assa Abloy AB  (OTCPK:ASAZY) 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.

Assa Abloy AB's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=15.91/0.74
=21.50

* 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 Assa Abloy AB was 40.38. The lowest was 17.55. And the median was 31.74.


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.


Assa Abloy AB Cyclically Adjusted FCF per Share Related Terms

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Assa Abloy AB Business Description

Industry
Address
Klarabergsviadukten 90, P.O. Box 70340, Stockholm, SWE, SE-107 23
Assa Abloy is the world's largest supplier of locking and physical access solutions, sporting the world's largest installed base of locks that protect some of the most security-sensitive buildings, such as the European Parliament in Brussels. Some 70% of the group's revenue is derived from commercial, government, and other nonresidential customers. The company's product base is centred on electromechanical locks, which require identification to unlock with a keycard, biometric scan, or personal identification number. Assa Abloy's products are sold directly to security systems integrators, locksmiths, hardware stores, and original equipment manufacturers.