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ArcticZymes Technologies ASA (FRA:B4V) Cyclically Adjusted FCF per Share : €0.01 (As of Mar. 2024)


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What is ArcticZymes Technologies 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.

ArcticZymes Technologies ASA's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.014. 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 €0.01 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 ArcticZymes Technologies ASA was 63.80% per year. The lowest was 16.30% per year. And the median was 30.70% per year.

As of today (2024-06-07), ArcticZymes Technologies ASA's current stock price is €2.155. ArcticZymes Technologies ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.01. ArcticZymes Technologies ASA's Cyclically Adjusted Price-to-FCF of today is 215.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ArcticZymes Technologies ASA was 840.00. The lowest was 293.75. And the median was 505.00.


ArcticZymes Technologies ASA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ArcticZymes Technologies 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.

ArcticZymes Technologies ASA Cyclically Adjusted FCF per Share Chart

ArcticZymes Technologies 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 -0.06 -0.04 -0.02 - 0.01

ArcticZymes Technologies 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 - - - 0.01 0.01

Competitive Comparison of ArcticZymes Technologies ASA's Cyclically Adjusted FCF per Share

For the Biotechnology subindustry, ArcticZymes Technologies 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.


ArcticZymes Technologies ASA's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, ArcticZymes Technologies ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ArcticZymes Technologies 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, ArcticZymes Technologies 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)
=-0.014/132.6000*132.6000
=-0.014

Current CPI (Mar. 2024) = 132.6000.

ArcticZymes Technologies ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.024 97.500 -0.033
201409 -0.009 98.500 -0.012
201412 0.002 98.600 0.003
201503 -0.023 99.200 -0.031
201506 -0.014 100.100 -0.019
201509 -0.003 100.600 -0.004
201512 0.003 100.900 0.004
201603 -0.027 102.500 -0.035
201606 -0.008 103.800 -0.010
201609 -0.007 104.200 -0.009
201612 -0.006 104.400 -0.008
201703 -0.027 105.000 -0.034
201706 -0.019 105.800 -0.024
201709 -0.013 105.900 -0.016
201712 -0.005 106.100 -0.006
201803 -0.025 107.300 -0.031
201806 -0.013 108.500 -0.016
201809 -0.017 109.500 -0.021
201812 0.011 109.800 0.013
201903 -0.006 110.400 -0.007
201906 -0.013 110.600 -0.016
201909 0.003 111.100 0.004
201912 0.019 111.300 0.023
202003 0.009 111.200 0.011
202006 0.040 112.100 0.047
202009 0.026 112.900 0.031
202012 0.012 112.900 0.014
202103 0.047 114.600 0.054
202106 0.026 115.300 0.030
202109 0.018 117.500 0.020
202112 0.032 118.900 0.036
202203 0.030 119.800 0.033
202206 0.033 122.600 0.036
202209 0.017 125.600 0.018
202212 0.010 125.900 0.011
202303 -0.018 127.600 -0.019
202306 0.009 130.400 0.009
202309 0.014 129.800 0.014
202312 0.004 131.900 0.004
202403 -0.014 132.600 -0.014

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


ArcticZymes Technologies ASA  (FRA:B4V) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.155/0.01
=215.50

* 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 ArcticZymes Technologies ASA was 840.00. The lowest was 293.75. And the median was 505.00.


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.


ArcticZymes Technologies ASA Cyclically Adjusted FCF per Share Related Terms

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


ArcticZymes Technologies ASA (FRA:B4V) Business Description

Traded in Other Exchanges
Address
Sykehusveien 23, Tromso, NOR, N-9294
ArcticZymes Technologies ASA is a biotechnology company. The company is engaged in developing, producing, and marketing immune-modulating beta-glucans and novel recombinant enzymes. The company's products include Woulgan wound gel, Feed Ingredient (M-Glucan), Nutraceuticals (M-Gard), Recombinant enzymes, and others. The company reports in two operating segments that are Enzymes and Corporate. Geographically, it derives a majority of revenue from the USA.

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