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AF Gruppen ASA (LTS:0DH7) Cyclically Adjusted FCF per Share : kr15.51 (As of Mar. 2025)


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What is AF Gruppen 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.

AF Gruppen ASA's adjusted free cash flow per share for the three months ended in Mar. 2025 was kr3.015. 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 kr15.51 for the trailing ten years ended in Mar. 2025.

During the past 12 months, AF Gruppen ASA's average Cyclically Adjusted FCF Growth Rate was 10.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.20% 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 AF Gruppen ASA was 11.50% per year. The lowest was 3.30% per year. And the median was 7.30% per year.

As of today (2025-05-25), AF Gruppen ASA's current stock price is kr147.40. AF Gruppen ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was kr15.51. AF Gruppen ASA's Cyclically Adjusted Price-to-FCF of today is 9.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of AF Gruppen ASA was 19.51. The lowest was 8.17. And the median was 14.22.


AF Gruppen ASA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for AF Gruppen 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.

AF Gruppen ASA Cyclically Adjusted FCF per Share Chart

AF Gruppen ASA 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 10.44 11.35 13.05 13.59 15.72

AF Gruppen ASA 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 14.00 14.79 14.60 15.72 15.51

Competitive Comparison of AF Gruppen ASA's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, AF Gruppen 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.


AF Gruppen ASA's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, AF Gruppen ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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AF Gruppen 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, AF Gruppen ASA'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)
=3.015/136.1000*136.1000
=3.015

Current CPI (Mar. 2025) = 136.1000.

AF Gruppen ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 2.422 100.100 3.293
201509 3.283 100.600 4.442
201512 4.106 100.900 5.538
201603 1.604 102.500 2.130
201606 2.009 103.800 2.634
201609 1.826 104.200 2.385
201612 3.244 104.400 4.229
201703 4.397 105.000 5.699
201706 2.114 105.800 2.719
201709 4.247 105.900 5.458
201712 3.326 106.100 4.266
201803 1.289 107.300 1.635
201806 0.337 108.500 0.423
201809 1.023 109.500 1.272
201812 5.908 109.800 7.323
201903 2.588 110.400 3.190
201906 2.840 110.600 3.495
201909 1.796 111.100 2.200
201912 7.651 111.300 9.356
202003 4.871 111.200 5.962
202006 1.945 112.100 2.361
202009 5.488 112.900 6.616
202012 -0.797 112.900 -0.961
202103 1.926 114.600 2.287
202106 5.003 115.300 5.906
202109 3.593 117.500 4.162
202112 2.801 118.900 3.206
202203 5.663 119.800 6.434
202206 5.799 122.600 6.438
202209 2.562 125.600 2.776
202212 -0.353 125.900 -0.382
202303 -0.240 127.600 -0.256
202306 2.110 130.400 2.202
202309 4.618 129.800 4.842
202312 7.960 131.900 8.213
202403 1.180 132.600 1.211
202406 5.784 133.800 5.883
202409 3.203 133.700 3.260
202412 9.934 134.800 10.030
202503 3.015 136.100 3.015

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


AF Gruppen ASA  (LTS:0DH7) 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.

AF Gruppen ASA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=147.40/15.51
=9.50

* 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 AF Gruppen ASA was 19.51. The lowest was 8.17. And the median was 14.22.


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.


AF Gruppen ASA Cyclically Adjusted FCF per Share Related Terms

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


AF Gruppen ASA Business Description

Industry
Traded in Other Exchanges
Address
Innspurten 15, P.O. box 6272, Oslo, NOR, 0603
AF Gruppen ASA A is one of Norway's contracting and industrial groups. The company provides services in areas of civil engineering and services geared toward environmental, building, and energy markets. The company conducts projects related to roads, railways, ports, power, and energy development. For buildings and property development, its services span the entire value chain, and resources are utilized for planning and execution. The majority of revenue comes from traditional building activities, including new projects and rehabilitation ventures. Environmental services revolve around demolition, removal, and environmental clean-up of buildings and industrial plants.

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