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Sparebanken Norge (LTS:0G67) Cyclically Adjusted FCF per Share : kr24.11 (As of Mar. 2025)


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What is Sparebanken Norge 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.

Sparebanken Norge's adjusted free cash flow per share for the three months ended in Mar. 2025 was kr8.286. 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 kr24.11 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Sparebanken Norge's average Cyclically Adjusted FCF Growth Rate was 12.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 124.10% 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 Sparebanken Norge was 392.70% per year. The lowest was 15.00% per year. And the median was 34.40% per year.

As of today (2025-05-25), Sparebanken Norge's current stock price is kr153.18. Sparebanken Norge's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was kr24.11. Sparebanken Norge's Cyclically Adjusted Price-to-FCF of today is 6.35.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sparebanken Norge was 492.00. The lowest was 4.75. And the median was 6.00.


Sparebanken Norge Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sparebanken Norge'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.

Sparebanken Norge Cyclically Adjusted FCF per Share Chart

Sparebanken Norge 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 8.64 16.09 17.88 21.11 24.23

Sparebanken Norge 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 21.47 22.77 22.42 24.23 24.11

Competitive Comparison of Sparebanken Norge's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Sparebanken Norge'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.


Sparebanken Norge's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sparebanken Norge's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Sparebanken Norge 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, Sparebanken Norge'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)
=8.286/136.1000*136.1000
=8.286

Current CPI (Mar. 2025) = 136.1000.

Sparebanken Norge Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 2.154 100.100 2.929
201509 8.199 100.600 11.092
201512 3.219 100.900 4.342
201603 1.203 102.500 1.597
201606 2.247 103.800 2.946
201609 7.793 104.200 10.179
201612 -0.373 104.400 -0.486
201703 -0.017 105.000 -0.022
201706 2.027 105.800 2.608
201709 8.907 105.900 11.447
201712 1.033 106.100 1.325
201803 2.612 107.300 3.313
201806 7.206 108.500 9.039
201809 8.482 109.500 10.542
201812 6.629 109.800 8.217
201903 3.040 110.400 3.748
201906 5.313 110.600 6.538
201909 10.918 111.100 13.375
201912 -7.110 111.300 -8.694
202003 3.019 111.200 3.695
202006 4.486 112.100 5.446
202009 5.322 112.900 6.416
202012 2.031 112.900 2.448
202103 1.765 114.600 2.096
202106 4.016 115.300 4.740
202109 5.430 117.500 6.290
202112 8.074 118.900 9.242
202203 5.206 119.800 5.914
202206 5.561 122.600 6.173
202209 9.405 125.600 10.191
202212 0.876 125.900 0.947
202303 9.311 127.600 9.931
202306 11.814 130.400 12.330
202309 14.025 129.800 14.706
202312 -1.523 131.900 -1.571
202403 13.609 132.600 13.968
202406 14.384 133.800 14.631
202409 19.825 133.700 20.181
202412 -8.079 134.800 -8.157
202503 8.286 136.100 8.286

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


Sparebanken Norge  (LTS:0G67) 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.

Sparebanken Norge's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=153.18/24.11
=6.35

* 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 Sparebanken Norge was 492.00. The lowest was 4.75. And the median was 6.00.


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.


Sparebanken Norge Cyclically Adjusted FCF per Share Related Terms

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


Sparebanken Norge Business Description

Industry
Traded in Other Exchanges
Address
Jonsvollsgaten 2, Bergen, NOR, NO-5011
Sparebanken Vest AS is a financial services company engaged in providing banking and financial services to private and corporate sectors. The company's operating segments are the Corporate Market (CM), the Retail Market (RM), Bulder Bank, Treasury, and Estate Agency activities in which its Retail market segment generates the majority of its revenue.

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