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Citycon Oyj (OHEL:CTY1S) Cyclically Adjusted FCF per Share : €-0.11 (As of Dec. 2024)


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What is Citycon Oyj 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.

Citycon Oyj's adjusted free cash flow per share for the three months ended in Dec. 2024 was €0.176. 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 €-0.11 for the trailing ten years ended in Dec. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 37.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.20% 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 Citycon Oyj was 37.50% per year. The lowest was -59.90% per year. And the median was -29.50% per year.

As of today (2025-05-16), Citycon Oyj's current stock price is €3.692. Citycon Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was €-0.11. Citycon Oyj's Cyclically Adjusted Price-to-FCF of today is .


Citycon Oyj Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Citycon Oyj'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.

Citycon Oyj Cyclically Adjusted FCF per Share Chart

Citycon Oyj 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 -0.29 -0.45 -0.50 -0.24 -0.11

Citycon Oyj Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.24 -0.25 -0.19 -0.17 -0.11

Competitive Comparison of Citycon Oyj's Cyclically Adjusted FCF per Share

For the Real Estate - Diversified subindustry, Citycon Oyj'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.


Citycon Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Citycon Oyj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Citycon Oyj 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, Citycon Oyj's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.176/122.3900*122.3900
=0.176

Current CPI (Dec. 2024) = 122.3900.

Citycon Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -0.007 100.120 -0.009
201506 -0.227 100.030 -0.278
201509 0.046 100.130 0.056
201512 -0.354 99.990 -0.433
201603 -0.014 100.080 -0.017
201606 -0.449 100.390 -0.547
201609 0.139 100.540 0.169
201612 0.052 101.020 0.063
201703 -0.010 100.910 -0.012
201706 -0.092 101.140 -0.111
201709 0.058 101.320 0.070
201712 0.028 101.510 0.034
201803 0.092 101.730 0.111
201806 0.006 102.320 0.007
201809 -0.183 102.600 -0.218
201812 0.056 102.710 0.067
201903 0.166 102.870 0.197
201906 0.067 103.360 0.079
201909 -0.008 103.540 -0.009
201912 -0.032 103.650 -0.038
202003 -0.045 103.490 -0.053
202006 -0.111 103.320 -0.131
202009 0.036 103.710 0.042
202012 -0.063 103.890 -0.074
202103 -0.230 104.870 -0.268
202106 -0.088 105.360 -0.102
202109 -0.072 106.290 -0.083
202112 -0.117 107.490 -0.133
202203 -0.264 110.950 -0.291
202206 0.000 113.570 0.000
202209 -0.077 114.920 -0.082
202212 -0.093 117.320 -0.097
202303 0.000 119.750 0.000
202306 0.113 120.690 0.115
202309 0.188 121.280 0.190
202312 0.211 121.540 0.212
202403 0.027 122.360 0.027
202406 0.170 122.230 0.170
202409 0.198 122.260 0.198
202412 0.176 122.390 0.176

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


Citycon Oyj  (OHEL:CTY1S) 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.


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.


Citycon Oyj Cyclically Adjusted FCF per Share Related Terms

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


Citycon Oyj Business Description

Industry
Traded in Other Exchanges
Address
Piispansilta 9 A 1, Iso Omena, Espoo, FIN, 02230
Citycon Oyj owns, develops, and manages shopping centers and other retail properties in Finland, Norway, Sweden, Estonia, and Denmark. The company owns 33 centers and 1 other retail property. Among those centers, 9 are located in Finland, 2 in Estonia, 14 in Norway, 6 in Sweden and 2 in Denmark. Citycon's business operations units: 1) Finland, Estonia and Denmark 2)Sweden 3)Norway. The business units are further subdivided into clusters. The Finnish, Estonian and Danish unit is composed of two clusters, the Swedish unit of one cluster and the Norwegian unit of two.

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