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Strategic Investments AS (OCSE:STRINV) Cyclically Adjusted FCF per Share : kr0.03 (As of Sep. 2024)


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What is Strategic Investments AS 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.

Strategic Investments AS's adjusted free cash flow per share for the three months ended in Sep. 2024 was kr-0.087. 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 kr0.03 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Strategic Investments AS's average Cyclically Adjusted FCF Growth Rate was -57.10% 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.

As of today (2025-01-18), Strategic Investments AS's current stock price is kr1.03. Strategic Investments AS's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was kr0.03. Strategic Investments AS's Cyclically Adjusted Price-to-FCF of today is 34.33.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Strategic Investments AS was 122.00. The lowest was 17.86. And the median was 35.50.


Strategic Investments AS Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Strategic Investments AS'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.

Strategic Investments AS Cyclically Adjusted FCF per Share Chart

Strategic Investments AS 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 -0.03 -0.02 0.02 0.04 -

Strategic Investments AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.07 - 0.05 0.04 0.03

Competitive Comparison of Strategic Investments AS's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Strategic Investments AS'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.


Strategic Investments AS's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Strategic Investments AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Strategic Investments AS's Cyclically Adjusted Price-to-FCF falls into.



Strategic Investments AS 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, Strategic Investments AS's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.087/118.9000*118.9000
=-0.087

Current CPI (Sep. 2024) = 118.9000.

Strategic Investments AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.045 99.400 0.054
201503 0.128 100.200 0.152
201506 0.065 100.300 0.077
201509 0.154 100.200 0.183
201512 -0.053 99.800 -0.063
201603 -0.079 100.200 -0.094
201606 0.136 100.600 0.161
201609 0.098 100.200 0.116
201612 -0.019 100.300 -0.023
201703 0.070 101.200 0.082
201706 0.007 101.200 0.008
201709 0.065 101.800 0.076
201712 -0.165 101.300 -0.194
201803 0.019 101.700 0.022
201806 -0.094 102.300 -0.109
201809 -0.034 102.400 -0.039
201812 -0.378 102.100 -0.440
201903 -0.070 102.900 -0.081
201906 0.003 102.900 0.003
201909 0.004 102.900 0.005
201912 0.196 102.900 0.226
202003 -0.033 103.300 -0.038
202006 -0.023 103.200 -0.026
202009 0.008 103.500 0.009
202012 0.068 103.400 0.078
202103 0.063 104.300 0.072
202106 0.067 105.000 0.076
202109 0.046 105.800 0.052
202112 0.037 106.600 0.041
202203 -0.002 109.900 -0.002
202206 -0.074 113.600 -0.077
202209 0.094 116.400 0.096
202212 0.159 115.900 0.163
202303 0.062 117.300 0.063
202306 -0.005 116.400 -0.005
202309 0.013 117.400 0.013
202312 0.000 116.700 0.000
202403 -0.187 118.400 -0.188
202406 -0.061 118.500 -0.061
202409 -0.087 118.900 -0.087

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


Strategic Investments AS  (OCSE:STRINV) 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.

Strategic Investments AS's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.03/0.03
=34.33

* 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 Strategic Investments AS was 122.00. The lowest was 17.86. And the median was 35.50.


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.


Strategic Investments AS Cyclically Adjusted FCF per Share Related Terms

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


Strategic Investments AS Business Description

Traded in Other Exchanges
Address
c/o SmallCap Danmark A/S, Christian IX’s Gade 2, 2, Copenhagen, DNK, 1111
Strategic Investments AS is an investment company. It invests in investment in securities and financial instruments, Nordic equities, bonds, and corporate bonds in order to generate a high return. The Company does activist investing in small and mid cap shares, hedge fund investing and investing in other financial instruments.

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