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Nordea Bank Abp (CHIX:NDAS) Cyclically Adjusted FCF per Share : kr11.11 (As of Mar. 2025)


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What is Nordea Bank Abp 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.

Nordea Bank Abp's adjusted free cash flow per share for the three months ended in Mar. 2025 was kr11.769. 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 kr11.11 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Nordea Bank Abp's average Cyclically Adjusted FCF Growth Rate was 47.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.00% 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 Nordea Bank Abp was 27.10% per year. The lowest was -16.20% per year. And the median was 5.70% per year.

As of today (2025-05-29), Nordea Bank Abp's current stock price is kr141.20. Nordea Bank Abp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was kr11.11. Nordea Bank Abp's Cyclically Adjusted Price-to-FCF of today is 12.71.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nordea Bank Abp was 18.29. The lowest was 4.68. And the median was 7.91.


Nordea Bank Abp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nordea Bank Abp'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.

Nordea Bank Abp Cyclically Adjusted FCF per Share Chart

Nordea Bank Abp 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 6.66 10.38 12.44 8.80 12.43

Nordea Bank Abp 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 7.33 10.48 14.68 12.43 11.11

Competitive Comparison of Nordea Bank Abp's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Nordea Bank Abp'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.


Nordea Bank Abp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Nordea Bank Abp's Cyclically Adjusted Price-to-FCF falls into.


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Nordea Bank Abp 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, Nordea Bank Abp'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)
=11.769/123.0100*123.0100
=11.769

Current CPI (Mar. 2025) = 123.0100.

Nordea Bank Abp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 5.374 100.030 6.609
201509 -1.132 100.130 -1.391
201512 -26.975 99.990 -33.185
201603 38.992 100.080 47.926
201606 1.309 100.390 1.604
201609 9.165 100.540 11.213
201612 -46.190 101.020 -56.245
201703 69.494 100.910 84.714
201706 4.281 101.140 5.207
201709 -28.685 101.320 -34.826
201712 -18.260 101.510 -22.128
201803 -6.973 101.730 -8.432
201806 -5.234 102.320 -6.292
201809 25.596 102.600 30.688
201812 -7.740 102.710 -9.270
201903 18.037 102.870 21.568
201906 -13.850 103.360 -16.483
201909 -22.760 103.540 -27.040
201912 10.221 103.650 12.130
202003 23.376 103.490 27.785
202006 11.963 103.320 14.243
202009 4.779 103.710 5.668
202012 -42.772 103.890 -50.644
202103 57.002 104.870 66.862
202106 -11.121 105.360 -12.984
202109 61.771 106.290 71.488
202112 -65.874 107.490 -75.385
202203 66.140 110.950 73.329
202206 9.349 113.570 10.126
202209 5.419 114.920 5.800
202212 -24.291 117.320 -25.469
202303 7.606 119.750 7.813
202306 4.062 120.690 4.140
202309 -5.534 121.280 -5.613
202312 -28.362 121.540 -28.705
202403 -22.175 122.360 -22.293
202406 8.998 122.230 9.055
202409 25.894 122.260 26.053
202412 -11.730 122.390 -11.789
202503 11.769 123.010 11.769

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


Nordea Bank Abp  (CHIX:NDAs) 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.

Nordea Bank Abp's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=141.20/11.11
=12.71

* 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 Nordea Bank Abp was 18.29. The lowest was 4.68. And the median was 7.91.


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.


Nordea Bank Abp Cyclically Adjusted FCF per Share Related Terms

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


Nordea Bank Abp Business Description

Industry
Address
Hamnbanegatan 5, Helsinki, FIN, FI-00020
Nordea is a universal Nordic bank which generates most of its income through vanilla lending products such as mortgages, household loans and corporate loans. The bank is also a leading equity and debt underwriter and issuer specialized in the Nordics, generating roughly one tenth of the group's income. Nordea also offers life and pension, savings and asset management, as well as private banking services to high-net-worth individuals. It operates primarily in Sweden, Denmark, Finland, and Norway.

Nordea Bank Abp Headlines

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