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Spar Nord Bank A/S (FRA:0SR) Cyclically Adjusted FCF per Share : €-0.51 (As of Mar. 2024)


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What is Spar Nord Bank A/S 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.

Spar Nord Bank A/S's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.773. 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 €-0.51 for the trailing ten years ended in Mar. 2024.

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 Spar Nord Bank A/S was -34.10% per year. The lowest was -59.70% per year. And the median was -46.90% per year.

As of today (2024-06-10), Spar Nord Bank A/S's current stock price is €16.54. Spar Nord Bank A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-0.51. Spar Nord Bank A/S's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Spar Nord Bank A/S was 297.22. The lowest was 7.66. And the median was 13.28.


Spar Nord Bank A/S Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Spar Nord Bank A/S'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.

Spar Nord Bank A/S Cyclically Adjusted FCF per Share Chart

Spar Nord Bank A/S 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 0.53 0.26 0.06 -0.41 -0.46

Spar Nord Bank A/S 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 -0.19 -0.11 -0.37 -0.46 -0.51

Competitive Comparison of Spar Nord Bank A/S's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Spar Nord Bank A/S'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.


Spar Nord Bank A/S's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Spar Nord Bank A/S's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Spar Nord Bank A/S's Cyclically Adjusted Price-to-FCF falls into.



Spar Nord Bank A/S 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, Spar Nord Bank A/S'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)
=0.773/118.4000*118.4000
=0.773

Current CPI (Mar. 2024) = 118.4000.

Spar Nord Bank A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.221 99.700 0.262
201409 2.139 99.700 2.540
201412 2.143 99.400 2.553
201503 0.478 100.200 0.565
201506 5.584 100.300 6.592
201509 -4.668 100.200 -5.516
201512 -3.713 99.800 -4.405
201603 2.079 100.200 2.457
201606 -0.088 100.600 -0.104
201609 -0.784 100.200 -0.926
201612 -1.167 100.300 -1.378
201703 0.601 101.200 0.703
201706 1.151 101.200 1.347
201709 -0.642 101.800 -0.747
201712 -0.539 101.300 -0.630
201803 -1.060 101.700 -1.234
201806 1.732 102.300 2.005
201809 -0.397 102.400 -0.459
201812 -0.229 102.100 -0.266
201903 1.251 102.900 1.439
201906 -0.755 102.900 -0.869
201909 1.245 102.900 1.433
201912 -3.777 102.900 -4.346
202003 1.408 103.300 1.614
202006 -0.888 103.200 -1.019
202009 0.243 103.500 0.278
202012 -0.924 103.400 -1.058
202103 4.050 104.300 4.598
202106 -5.004 105.000 -5.643
202109 0.080 105.800 0.090
202112 -0.316 106.600 -0.351
202203 -0.026 109.900 -0.028
202206 2.172 113.600 2.264
202209 0.263 116.400 0.268
202212 -3.039 115.900 -3.105
202303 0.996 117.300 1.005
202306 -0.282 116.400 -0.287
202309 -2.781 117.400 -2.805
202312 -2.695 116.700 -2.734
202403 0.773 118.400 0.773

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


Spar Nord Bank A/S  (FRA:0SR) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Spar Nord Bank A/S was 297.22. The lowest was 7.66. And the median was 13.28.


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.


Spar Nord Bank A/S Cyclically Adjusted FCF per Share Related Terms

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


Spar Nord Bank A/S (FRA:0SR) Business Description

Industry
Traded in Other Exchanges
Address
Skelagervej 15, P.O. Box 162, Aalborg, DNK, 9100
Spar Nord Bank A/S is a retail bank operating in Denmark. About half of the bank's presence is in North Jutland. The company mostly grew outside its home base via mergers and acquisitions. It caters to common households and local small and medium-sized enterprises. The company's strategy emphasizes personalization and financial technology. Most of the bank's income is net interest income, followed by net fees, charges, and commissions. The majority of the bank's loan portfolio is business lending. The bank's business loan portfolio is diversified among several industries, most notably financial services, real estate, trade, and agriculture, hunting, and forestry.

Spar Nord Bank A/S (FRA:0SR) Headlines

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