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Peab AB (LTS:0MHT) Cyclically Adjusted FCF per Share : kr7.42 (As of Mar. 2024)


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What is Peab 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.

Peab AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr-3.499. 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 kr7.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Peab AB's average Cyclically Adjusted FCF Growth Rate was 14.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 23.20% 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 Peab AB was 34.00% per year. The lowest was 11.60% per year. And the median was 19.70% per year.

As of today (2024-05-21), Peab AB's current stock price is kr68.525. Peab AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr7.42. Peab AB's Cyclically Adjusted Price-to-FCF of today is 9.24.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Peab AB was 30.49. The lowest was 5.88. And the median was 18.02.


Peab AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Peab 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.

Peab AB Cyclically Adjusted FCF per Share Chart

Peab AB 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 3.68 5.65 6.59 6.45 7.86

Peab AB 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 6.48 6.40 7.08 7.86 7.42

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

For the Engineering & Construction subindustry, Peab 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.


Peab AB's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



Peab 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, Peab AB'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)
=-3.499/132.2054*132.2054
=-3.499

Current CPI (Mar. 2024) = 132.2054.

Peab AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.919 100.432 2.526
201409 0.990 100.161 1.307
201412 8.390 100.225 11.067
201503 0.885 99.950 1.171
201506 -1.688 99.995 -2.232
201509 2.786 100.228 3.675
201512 5.566 100.276 7.338
201603 2.098 100.751 2.753
201606 -0.224 101.019 -0.293
201609 -0.986 101.138 -1.289
201612 7.946 102.022 10.297
201703 4.322 102.022 5.601
201706 -3.990 102.752 -5.134
201709 0.668 103.279 0.855
201712 4.176 103.793 5.319
201803 -1.631 103.962 -2.074
201806 -2.607 104.875 -3.286
201809 -3.546 105.679 -4.436
201812 2.241 105.912 2.797
201903 9.502 105.886 11.864
201906 -1.169 106.742 -1.448
201909 -2.905 107.214 -3.582
201912 3.247 107.766 3.983
202003 4.088 106.563 5.072
202006 2.505 107.498 3.081
202009 8.993 107.635 11.046
202012 7.298 108.296 8.909
202103 -1.417 108.360 -1.729
202106 -3.224 108.928 -3.913
202109 0.783 110.338 0.938
202112 9.751 112.486 11.460
202203 -3.549 114.825 -4.086
202206 -8.685 118.384 -9.699
202209 1.586 122.296 1.715
202212 0.482 126.365 0.504
202303 -1.141 127.042 -1.187
202306 -5.134 129.407 -5.245
202309 3.294 130.224 3.344
202312 12.019 131.912 12.046
202403 -3.499 132.205 -3.499

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


Peab AB  (LTS:0MHT) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=68.525/7.42
=9.24

* 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 Peab AB was 30.49. The lowest was 5.88. And the median was 18.02.


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.


Peab AB Cyclically Adjusted FCF per Share Related Terms

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


Peab AB (LTS:0MHT) Business Description

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Address
Margretetorpsvagen 84, Forslov, SWE, SE-269 73
Peab AB is one of the leading Nordic construction and civil engineering companies. It builds offices around the region and contributes to all stages of construction. Many projects are related to housing, transportation, commercial property, and building materials. A network of subcontractors and external suppliers helps plan and build innovative systems for projects. Peab operates in four business areas: construction (roughly half of total revenue), civil engineering, industry, and project development. It uses technical expertise and input from customers to complete projects and deliver customized solutions. The majority of sales come from Sweden, and the company has the capacity to complete smaller local projects as well as more complex construction projects.

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