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Billerud AB (Billerud AB) Cyclically Adjusted FCF per Share : $0.42 (As of Mar. 2024)


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What is Billerud 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.

Billerud AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.190. 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 $0.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Billerud AB's average Cyclically Adjusted FCF Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 27.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.90% 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 Billerud AB was 27.70% per year. The lowest was -24.30% per year. And the median was -4.90% per year.

As of today (2024-05-21), Billerud AB's current stock price is $8.40. Billerud AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.42. Billerud AB's Cyclically Adjusted Price-to-FCF of today is 20.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Billerud AB was 69.69. The lowest was 18.41. And the median was 29.59.


Billerud AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Billerud 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.

Billerud AB Cyclically Adjusted FCF per Share Chart

Billerud AB 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 0.31 0.31 0.33 0.47 0.47

Billerud 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 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 0.38 0.38 0.36 0.47 0.42

Competitive Comparison of Billerud AB's Cyclically Adjusted FCF per Share

For the Paper & Paper Products subindustry, Billerud 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.


Billerud AB's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

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

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



Billerud 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, Billerud 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)
=-0.19/132.2054*132.2054
=-0.190

Current CPI (Mar. 2024) = 132.2054.

Billerud AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.290 100.432 0.382
201409 0.312 100.161 0.412
201412 0.246 100.225 0.324
201503 0.384 99.950 0.508
201506 0.177 99.995 0.234
201509 0.290 100.228 0.383
201512 0.206 100.276 0.272
201603 0.084 100.751 0.110
201606 0.342 101.019 0.448
201609 0.366 101.138 0.478
201612 0.320 102.022 0.415
201703 -0.137 102.022 -0.178
201706 0.168 102.752 0.216
201709 -0.097 103.279 -0.124
201712 -0.406 103.793 -0.517
201803 -0.173 103.962 -0.220
201806 -0.609 104.875 -0.768
201809 -0.176 105.679 -0.220
201812 -0.379 105.912 -0.473
201903 -0.046 105.886 -0.057
201906 -0.228 106.742 -0.282
201909 -0.214 107.214 -0.264
201912 0.231 107.766 0.283
202003 -0.200 106.563 -0.248
202006 0.075 107.498 0.092
202009 0.214 107.635 0.263
202012 0.505 108.296 0.616
202103 0.087 108.360 0.106
202106 0.489 108.928 0.593
202109 0.348 110.338 0.417
202112 0.465 112.486 0.547
202203 0.100 114.825 0.115
202206 0.681 118.384 0.761
202209 0.342 122.296 0.370
202212 0.272 126.365 0.285
202303 -0.425 127.042 -0.442
202306 -0.175 129.407 -0.179
202309 0.161 130.224 0.163
202312 0.486 131.912 0.487
202403 -0.190 132.205 -0.190

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


Billerud AB  (OTCPK:BLRDF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.40/0.42
=20.00

* 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 Billerud AB was 69.69. The lowest was 18.41. And the median was 29.59.


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.


Billerud AB Cyclically Adjusted FCF per Share Related Terms

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


Billerud AB (Billerud AB) Business Description

Industry
Address
Evenemangsgatan 17, Solna, P.O. Box 703, Stockholm, SWE, SE-169 27
Billerud AB produces a variety of packaging, paper, and board products. Billerud organizes itself into three segments: Board product area, Paper product area and Solutions and Other.

Billerud AB (Billerud AB) Headlines

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