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BankNordik P/F (OCSE:BNORDIK CSE) Cyclically Adjusted FCF per Share : kr59.98 (As of Mar. 2024)


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What is BankNordik P/F 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.

BankNordik P/F's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr47.940. 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 kr59.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, BankNordik P/F's average Cyclically Adjusted FCF Growth Rate was 3.90% per year. During the past 3 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 BankNordik P/F was 146.00% per year. The lowest was 23.20% per year. And the median was 84.60% per year.

As of today (2024-06-05), BankNordik P/F's current stock price is kr151.00. BankNordik P/F's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr59.98. BankNordik P/F's Cyclically Adjusted Price-to-FCF of today is 2.52.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BankNordik P/F was 423.08. The lowest was 1.45. And the median was 2.95.


BankNordik P/F Cyclically Adjusted FCF per Share Historical Data

The historical data trend for BankNordik P/F'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.

BankNordik P/F Cyclically Adjusted FCF per Share Chart

BankNordik P/F 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 3.89 33.09 59.25 57.93 61.92

BankNordik P/F 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 57.74 64.67 64.62 61.92 59.98

Competitive Comparison of BankNordik P/F's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, BankNordik P/F'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.


BankNordik P/F's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where BankNordik P/F's Cyclically Adjusted Price-to-FCF falls into.



BankNordik P/F 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, BankNordik P/F'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)
=47.94/131.7762*131.7762
=47.940

Current CPI (Mar. 2024) = 131.7762.

BankNordik P/F Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 7.499 100.560 9.827
201409 -26.999 100.428 -35.427
201412 3.621 99.070 4.816
201503 -6.166 99.621 -8.156
201506 7.394 100.684 9.677
201509 -43.614 100.392 -57.249
201512 26.253 99.792 34.667
201603 18.460 100.470 24.212
201606 61.504 101.688 79.702
201609 -33.738 101.861 -43.646
201612 -23.991 101.863 -31.036
201703 25.370 102.862 32.501
201706 51.578 103.349 65.765
201709 -70.645 104.136 -89.396
201712 0.000 104.011 0.000
201803 4.730 105.290 5.920
201806 7.979 106.317 9.890
201809 0.000 106.507 0.000
201812 0.000 105.998 0.000
201903 23.732 107.251 29.159
201906 30.471 108.070 37.155
201909 -37.006 108.329 -45.016
201912 11.851 108.420 14.404
202003 -94.125 108.902 -113.896
202006 91.021 108.767 110.276
202009 32.197 109.815 38.636
202012 6.090 109.897 7.302
202103 309.786 111.754 365.287
202106 44.222 114.631 50.836
202109 -118.104 115.734 -134.474
202112 167.989 117.630 188.192
202203 81.688 121.301 88.742
202206 49.938 125.017 52.638
202209 -187.825 125.227 -197.649
202212 0.006 125.222 0.006
202303 3.123 127.348 3.232
202306 7.496 128.729 7.673
202309 -9.200 129.860 -9.336
202312 1.610 129.419 1.639
202403 47.940 131.776 47.940

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


BankNordik P/F  (OCSE:BNORDIK CSE) 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.

BankNordik P/F's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=151.00/59.98
=2.52

* 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 BankNordik P/F was 423.08. The lowest was 1.45. And the median was 2.95.


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.


BankNordik P/F Cyclically Adjusted FCF per Share Related Terms

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


BankNordik P/F (OCSE:BNORDIK CSE) Business Description

Industry
Traded in Other Exchanges
Address
Oknarvegur 5, P.O. Box 3048, Torshavn, FRO, FO-110
BankNordik P/F is a banking company. The bank provides a range of banking products and financial services to private and corporate customers. Its business units includes Banking and Non-life insurance. The Banking unit comprises Personal Banking and Corporate Banking. Personal Banking comprises private customers in the Faroe Islands and Greenland. Corporate Banking comprises corporate customers mainly in the Faroe Islands and in Greenland. The corporate also comprises a few remaining corporate customers from Denmark. Non-life insurance comprises the insurance company P/F TRYGD based The Faroe Islands. TRYGD is responsible for the-life insurance products. The company operates in the Faroe Islands, Denmark and Greenland of which key revenue is derived from the Faroe Islands.

BankNordik P/F (OCSE:BNORDIK CSE) Headlines

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