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Scandinavian Tobacco Group A/S (MEX:STG) Cyclically Adjusted FCF per Share : MXN31.46 (As of Mar. 2024)


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What is Scandinavian Tobacco Group A/S 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.

Scandinavian Tobacco Group A/S's adjusted free cash flow per share for the three months ended in Mar. 2024 was MXN-3.642. 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 MXN31.46 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-25), Scandinavian Tobacco Group A/S's current stock price is MXN324.26. Scandinavian Tobacco Group A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was MXN31.46. Scandinavian Tobacco Group A/S's Cyclically Adjusted Price-to-FCF of today is 10.31.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Scandinavian Tobacco Group A/S was 10.31. The lowest was 7.94. And the median was 9.51.


Scandinavian Tobacco Group A/S Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Scandinavian Tobacco Group A/S'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.

Scandinavian Tobacco Group A/S Cyclically Adjusted FCF per Share Chart

Scandinavian Tobacco Group A/S 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 - - - - 34.08

Scandinavian Tobacco Group A/S 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 - - - 34.08 31.46

Competitive Comparison of Scandinavian Tobacco Group A/S's Cyclically Adjusted FCF per Share

For the Tobacco subindustry, Scandinavian Tobacco Group A/S'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.


Scandinavian Tobacco Group A/S's Cyclically Adjusted Price-to-FCF Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Scandinavian Tobacco Group A/S's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Scandinavian Tobacco Group A/S's Cyclically Adjusted Price-to-FCF falls into.



Scandinavian Tobacco Group A/S 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, Scandinavian Tobacco Group A/S'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)
=-3.642/118.4000*118.4000
=-3.642

Current CPI (Mar. 2024) = 118.4000.

Scandinavian Tobacco Group A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 99.000 0.000
201409 0.000 99.700 0.000
201412 0.000 99.400 0.000
201503 -0.354 100.200 -0.418
201506 7.740 100.300 9.137
201509 10.714 100.200 12.660
201512 8.310 99.800 9.859
201603 -5.419 100.200 -6.403
201606 10.284 100.600 12.104
201609 17.810 100.200 21.045
201612 10.046 100.300 11.859
201703 1.158 101.200 1.355
201706 6.953 101.200 8.135
201709 9.895 101.800 11.509
201712 9.125 101.300 10.665
201803 -2.417 101.700 -2.814
201806 6.649 102.300 7.695
201809 9.449 102.400 10.925
201812 6.266 102.100 7.266
201903 1.993 102.900 2.293
201906 6.849 102.900 7.881
201909 14.458 102.900 16.636
201912 10.217 102.900 11.756
202003 4.009 103.300 4.595
202006 14.541 103.200 16.683
202009 21.522 103.500 24.620
202012 7.698 103.400 8.815
202103 2.879 104.300 3.268
202106 14.330 105.000 16.159
202109 18.994 105.800 21.256
202112 8.381 106.600 9.309
202203 3.941 109.900 4.246
202206 4.329 113.600 4.512
202209 13.519 116.400 13.751
202212 8.792 115.900 8.982
202303 -5.452 117.300 -5.503
202306 4.491 116.400 4.568
202309 17.582 117.400 17.732
202312 12.884 116.700 13.072
202403 -3.642 118.400 -3.642

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


Scandinavian Tobacco Group A/S  (MEX:STG) 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.

Scandinavian Tobacco Group A/S's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=324.26/31.46
=10.31

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of Scandinavian Tobacco Group A/S was 10.31. The lowest was 7.94. And the median was 9.51.


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.


Scandinavian Tobacco Group A/S Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Scandinavian Tobacco Group A/S's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Scandinavian Tobacco Group A/S (MEX:STG) Business Description

Traded in Other Exchanges
Address
Sandtoften 9, Gentofte, DNK, 2820
Scandinavian Tobacco Group offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which primarily sells handmade cigars and accessories in stores and online; North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland. The largest portion of the firm's revenue comes from the Europe branded segment.