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Sandvik AB (FRA:SVK) Cyclically Adjusted FCF per Share : €0.94 (As of Mar. 2025)


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What is Sandvik AB 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.

Sandvik AB's adjusted free cash flow per share for the three months ended in Mar. 2025 was €0.039. 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 €0.94 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Sandvik AB's average Cyclically Adjusted FCF Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.80% 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 Sandvik AB was 12.90% per year. The lowest was 5.70% per year. And the median was 8.10% per year.

As of today (2025-05-23), Sandvik AB's current stock price is €19.20. Sandvik AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €0.94. Sandvik AB's Cyclically Adjusted Price-to-FCF of today is 20.43.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sandvik AB was 35.42. The lowest was 18.23. And the median was 25.27.


Sandvik AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sandvik AB'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.

Sandvik AB Cyclically Adjusted FCF per Share Chart

Sandvik AB 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 - 0.73 0.69 0.81 0.88

Sandvik AB 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 0.82 0.85 0.88 0.88 0.94

Competitive Comparison of Sandvik AB's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Sandvik AB'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.


Sandvik AB's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sandvik AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Sandvik AB 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, Sandvik AB'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)
=0.039/132.8245*132.8245
=0.039

Current CPI (Mar. 2025) = 132.8245.

Sandvik AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.153 99.995 0.203
201509 0.252 100.228 0.334
201512 0.096 100.276 0.127
201603 0.074 100.751 0.098
201606 0.097 101.019 0.128
201609 0.304 101.138 0.399
201612 0.221 102.022 0.288
201703 0.209 102.022 0.272
201706 0.138 102.752 0.178
201709 0.252 103.279 0.324
201712 0.280 103.793 0.358
201803 0.077 103.962 0.098
201806 0.097 104.875 0.123
201809 0.334 105.679 0.420
201812 0.339 105.912 0.425
201903 0.162 105.886 0.203
201906 0.128 106.742 0.159
201909 0.394 107.214 0.488
201912 0.274 107.766 0.338
202003 0.147 106.563 0.183
202006 0.149 107.498 0.184
202009 0.311 107.635 0.384
202012 0.319 108.296 0.391
202103 0.140 108.360 0.172
202106 0.169 108.928 0.206
202109 0.253 110.338 0.305
202112 0.188 112.486 0.222
202203 0.023 114.825 0.027
202206 -0.183 118.384 -0.205
202209 0.133 122.296 0.144
202212 0.520 126.365 0.547
202303 0.197 127.042 0.206
202306 0.176 129.407 0.181
202309 0.309 130.224 0.315
202312 0.249 131.912 0.251
202403 0.183 132.205 0.184
202406 0.074 132.716 0.074
202409 0.387 132.304 0.389
202412 0.457 132.987 0.456
202503 0.039 132.825 0.039

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


Sandvik AB  (FRA:SVK) 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.

Sandvik AB's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=19.20/0.94
=20.43

* 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 Sandvik AB was 35.42. The lowest was 18.23. And the median was 25.27.


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.


Sandvik AB Cyclically Adjusted FCF per Share Related Terms

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


Sandvik AB Business Description

Industry
Address
Kungsbron 1, Section G, Floor 6, Stockholm, SWE, 111 22
Sandvik is a manufacturer of specialized tools and mining equipment used predominantly by global mining, engineering, and automotive customers. The group is composed of three segments: mining and rock solutions, rock processing, and machining. Sandvik was founded in 1862 and listed on the Nordic Exchange in Stockholm in 1901.

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