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Borregaard ASA (CHIX:BRGO) Cyclically Adjusted FCF per Share : kr2.65 (As of Mar. 2024)


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What is Borregaard 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.

Borregaard ASA's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr-2.980. 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 kr2.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Borregaard ASA's average Cyclically Adjusted FCF Growth Rate was 15.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 26.10% 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 Borregaard ASA was 26.10% per year. The lowest was 26.10% per year. And the median was 26.10% per year.

As of today (2024-04-30), Borregaard ASA's current stock price is kr161.00. Borregaard ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr2.65. Borregaard ASA's Cyclically Adjusted Price-to-FCF of today is 60.75.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Borregaard ASA was 108.82. The lowest was 46.49. And the median was 67.60.


Borregaard ASA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Borregaard 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.

Borregaard ASA Cyclically Adjusted FCF per Share Chart

Borregaard 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 - 1.70 2.45 2.87 3.20

Borregaard 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 2.79 3.03 3.24 3.20 2.65

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

For the Specialty Chemicals subindustry, Borregaard 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.


Borregaard ASA's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Borregaard ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Borregaard 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, Borregaard 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)
=-2.98/131.9000*131.9000
=-2.980

Current CPI (Mar. 2024) = 131.9000.

Borregaard ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.370 97.500 0.501
201409 1.480 98.500 1.982
201412 0.940 98.600 1.257
201503 -1.350 99.200 -1.795
201506 0.400 100.100 0.527
201509 1.270 100.600 1.665
201512 1.010 100.900 1.320
201603 -1.400 102.500 -1.802
201606 2.910 103.800 3.698
201609 2.240 104.200 2.835
201612 0.840 104.400 1.061
201703 -0.770 105.000 -0.967
201706 -0.570 105.800 -0.711
201709 1.090 105.900 1.358
201712 -1.630 106.100 -2.026
201803 -1.460 107.300 -1.795
201806 -0.080 108.500 -0.097
201809 0.930 109.500 1.120
201812 -1.430 109.800 -1.718
201903 -0.790 110.400 -0.944
201906 -0.130 110.600 -0.155
201909 1.310 111.100 1.555
201912 0.750 111.300 0.889
202003 -1.830 111.200 -2.171
202006 2.870 112.100 3.377
202009 0.540 112.900 0.631
202012 2.277 112.900 2.660
202103 1.444 114.600 1.662
202106 3.339 115.300 3.820
202109 2.703 117.500 3.034
202112 1.291 118.900 1.432
202203 -1.594 119.800 -1.755
202206 1.010 122.600 1.087
202209 2.280 125.600 2.394
202212 1.005 125.900 1.053
202303 0.040 127.600 0.041
202306 2.740 130.400 2.772
202309 3.960 129.800 4.024
202312 2.219 131.900 2.219
202403 -2.980 131.900 -2.980

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


Borregaard ASA  (CHIX:BRGo) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=161.00/2.65
=60.75

* 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 Borregaard ASA was 108.82. The lowest was 46.49. And the median was 67.60.


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.


Borregaard ASA Cyclically Adjusted FCF per Share Related Terms

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


Borregaard ASA (CHIX:BRGO) Business Description

Industry
Traded in Other Exchanges
Address
Hjalmar Wessels vei 6, P.O Box 162, Sarpsborg, NOR, 1701
Borregaard ASA makes and sells biochemicals and biomaterials designed to replace oil-based products, It has three operating segments; BioSolutions segment develops, produces and sells biopolymers and bio vanillin from lignin used in Industries such as agrochemicals, batteries, industrial binders and construction. Bio vanillin is supplied to flavour and fragrance companies, as well as to the food and beverage industry, Biomaterials segment develops, produces and sells speciality cellulose mainly for use as a raw material in the production of cellulose ethers, cellulose acetate and other speciality products. It also includes cellulose fibrils for industrial applications, and the Fine Chemicals segment consists of fine chemical intermediates for contrast agents and bioethanol.

Borregaard ASA (CHIX:BRGO) Headlines