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Bonheur ASA (Bonheur ASA) Cyclically Adjusted FCF per Share : $2.11 (As of Mar. 2024)


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What is Bonheur ASA 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.

Bonheur ASA's adjusted free cash flow per share for the three months ended in Mar. 2024 was $2.205. 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 $2.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bonheur ASA's average Cyclically Adjusted FCF Growth Rate was 118.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 43.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -6.80% 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 Bonheur ASA was 43.10% per year. The lowest was -43.10% per year. And the median was -19.85% per year.

As of today (2024-06-05), Bonheur ASA's current stock price is $27.10. Bonheur ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.11. Bonheur ASA's Cyclically Adjusted Price-to-FCF of today is 12.84.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bonheur ASA was 161.11. The lowest was 7.86. And the median was 32.37.


Bonheur ASA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bonheur ASA'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.

Bonheur ASA Cyclically Adjusted FCF per Share Chart

Bonheur ASA 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 0.64 0.20 0.17 0.54 0.60

Bonheur ASA 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 1.00 0.87 0.73 0.60 2.11

Competitive Comparison of Bonheur ASA's Cyclically Adjusted FCF per Share

For the Conglomerates subindustry, Bonheur ASA'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.


Bonheur ASA's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Bonheur ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Bonheur ASA 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, Bonheur ASA'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)
=2.205/132.6000*132.6000
=2.205

Current CPI (Mar. 2024) = 132.6000.

Bonheur ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.911 97.500 -2.599
201409 -4.609 98.500 -6.205
201412 -0.071 98.600 -0.095
201503 -0.882 99.200 -1.179
201506 2.049 100.100 2.714
201509 -0.718 100.600 -0.946
201512 0.516 100.900 0.678
201603 2.535 102.500 3.279
201606 1.565 103.800 1.999
201609 6.263 104.200 7.970
201612 2.075 104.400 2.635
201703 1.252 105.000 1.581
201706 2.047 105.800 2.566
201709 1.953 105.900 2.445
201712 -0.060 106.100 -0.075
201803 -0.977 107.300 -1.207
201806 -0.615 108.500 -0.752
201809 -1.293 109.500 -1.566
201812 1.874 109.800 2.263
201903 0.897 110.400 1.077
201906 -0.578 110.600 -0.693
201909 0.956 111.100 1.141
201912 -0.336 111.300 -0.400
202003 0.098 111.200 0.117
202006 -2.610 112.100 -3.087
202009 -3.113 112.900 -3.656
202012 -0.647 112.900 -0.760
202103 0.035 114.600 0.040
202106 -0.549 115.300 -0.631
202109 0.766 117.500 0.864
202112 1.454 118.900 1.622
202203 1.865 119.800 2.064
202206 -0.462 122.600 -0.500
202209 0.133 125.600 0.140
202212 2.196 125.900 2.313
202303 2.342 127.600 2.434
202306 0.468 130.400 0.476
202309 0.219 129.800 0.224
202312 0.240 131.900 0.241
202403 2.205 132.600 2.205

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


Bonheur ASA  (OTCPK:BNHUF) 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.

Bonheur ASA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=27.10/2.11
=12.84

* 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 Bonheur ASA was 161.11. The lowest was 7.86. And the median was 32.37.


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.


Bonheur ASA Cyclically Adjusted FCF per Share Related Terms

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


Bonheur ASA (Bonheur ASA) Business Description

Industry
Traded in Other Exchanges
Address
Fred Olsens Gate 2, P.O. Box 1159, Sentrum, Oslo, NOR, 0107
Bonheur ASA was initially a Norwegian shipping company. Currently, the company is engaged in several businesses. It provides services through four segments, namely, Other Investments, Renewable Energy, Cruise, and Wind Services. The renewable energy segment is engaged in the development, construction, and operation of wind farms in Scotland, Norway, Sweden, Ireland, Italy, and the USA. The wind Service segment is engaged in logistics and services within the offshore wind industry. Cruise owns and operates four cruise ships and provides a diverse range of cruises, and The other investments segment has investments within media, real estate, bonds and shares.

Bonheur ASA (Bonheur ASA) Headlines

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