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Kesko Oyj (Kesko Oyj) Cyclically Adjusted FCF per Share : $1.07 (As of Mar. 2024)


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What is Kesko Oyj 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.

Kesko Oyj's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.152. 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 $1.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kesko Oyj's average Cyclically Adjusted FCF Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.60% 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 Kesko Oyj was 18.50% per year. The lowest was 16.70% per year. And the median was 17.00% per year.

As of today (2024-05-01), Kesko Oyj's current stock price is $8.52. Kesko Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.07. Kesko Oyj's Cyclically Adjusted Price-to-FCF of today is 7.96.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kesko Oyj was 59.33. The lowest was 8.10. And the median was 16.32.


Kesko Oyj Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kesko Oyj'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.

Kesko Oyj Cyclically Adjusted FCF per Share Chart

Kesko Oyj 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 0.13 0.80 0.95 0.96 1.08

Kesko Oyj 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 0.99 1.00 0.99 1.08 1.07

Competitive Comparison of Kesko Oyj's Cyclically Adjusted FCF per Share

For the Grocery Stores subindustry, Kesko Oyj'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.


Kesko Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kesko Oyj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kesko Oyj 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, Kesko Oyj'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)
=0.152/121.2200*121.2200
=0.152

Current CPI (Mar. 2024) = 121.2200.

Kesko Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.223 100.147 0.270
201409 0.221 100.726 0.266
201412 0.212 100.229 0.256
201503 -0.124 100.120 -0.150
201506 0.201 100.030 0.244
201509 0.114 100.130 0.138
201512 0.168 99.990 0.204
201603 -0.139 100.080 -0.168
201606 0.113 100.390 0.136
201609 0.112 100.540 0.135
201612 0.141 101.020 0.169
201703 -0.077 100.910 -0.092
201706 0.199 101.140 0.239
201709 0.153 101.320 0.183
201712 0.172 101.510 0.205
201803 0.232 101.730 0.276
201806 0.262 102.320 0.310
201809 0.275 102.600 0.325
201812 0.300 102.710 0.354
201903 0.231 102.870 0.272
201906 0.386 103.360 0.453
201909 0.265 103.540 0.310
201912 0.383 103.650 0.448
202003 0.189 103.490 0.221
202006 0.599 103.320 0.703
202009 0.426 103.710 0.498
202012 0.473 103.890 0.552
202103 0.233 104.870 0.269
202106 0.526 105.360 0.605
202109 0.565 106.290 0.644
202112 0.383 107.490 0.432
202203 0.098 110.950 0.107
202206 0.349 113.570 0.373
202209 0.397 114.920 0.419
202212 0.351 117.320 0.363
202303 0.036 119.750 0.036
202306 0.389 120.690 0.391
202309 0.530 121.280 0.530
202312 0.469 121.220 0.469
202403 0.152 121.220 0.152

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


Kesko Oyj  (OTCPK:KKOYY) 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.

Kesko Oyj's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.52/1.07
=7.96

* 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 Kesko Oyj was 59.33. The lowest was 8.10. And the median was 16.32.


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.


Kesko Oyj Cyclically Adjusted FCF per Share Related Terms

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


Kesko Oyj (Kesko Oyj) Business Description

Address
Tyopajankatu 12, Helsinki, FIN, 00580
Kesko Oyj is a Finland-based retail conglomerate that operates in three divisions: Grocery, Building and Technical, and Car. The Grocery segment provides the customers with K-food retailers running their locally tailored stores, acting in a chain business model. Chains include K-Citymarket, K-Supermarket, K-Market, and Neste K. The Building and Technical Sector produces construction materials, leisure athletic goods, and infrastructure tools and operates out of Scandinavia and Eastern Europe, both in digital and brick-and-mortar stores. The Car division acts as an importer and leaser for various European car brands, including Volkswagen, SEAT, Audi, and Porsche as well as a seller of used cars online and in-store. The Grocery segment in Finland produces the most revenue.

Kesko Oyj (Kesko Oyj) Headlines

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