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Fiskars Oyj (OHEL:FSKRS) Cyclically Adjusted FCF per Share : €0.86 (As of Mar. 2024)


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What is Fiskars 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.

Fiskars Oyj's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.299. 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 €0.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fiskars Oyj's average Cyclically Adjusted FCF Growth Rate was 13.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.20% 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 Fiskars Oyj was 2.80% per year. The lowest was -2.60% per year. And the median was 1.50% per year.

As of today (2024-04-29), Fiskars Oyj's current stock price is €17.68. Fiskars Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.86. Fiskars Oyj's Cyclically Adjusted Price-to-FCF of today is 20.56.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Fiskars Oyj was 27.04. The lowest was 11.00. And the median was 19.88.


Fiskars Oyj Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Fiskars 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.

Fiskars Oyj Cyclically Adjusted FCF per Share Chart

Fiskars Oyj 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 0.74 0.85 0.88 0.72 0.89

Fiskars Oyj 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 0.76 0.81 0.85 0.89 0.86

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

For the Home Improvement Retail subindustry, Fiskars 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.


Fiskars Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fiskars Oyj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Fiskars 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, Fiskars Oyj'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)
=-0.299/121.2200*121.2200
=-0.299

Current CPI (Mar. 2024) = 121.2200.

Fiskars Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.002 100.147 -0.002
201409 0.129 100.726 0.155
201412 0.496 100.229 0.600
201503 -0.380 100.120 -0.460
201506 0.068 100.030 0.082
201509 -0.155 100.130 -0.188
201512 0.679 99.990 0.823
201603 -0.417 100.080 -0.505
201606 0.309 100.390 0.373
201609 0.007 100.540 0.008
201612 0.805 101.020 0.966
201703 -0.733 100.910 -0.881
201706 0.361 101.140 0.433
201709 0.207 101.320 0.248
201712 1.019 101.510 1.217
201803 -0.702 101.730 -0.836
201806 0.290 102.320 0.344
201809 0.326 102.600 0.385
201812 0.836 102.710 0.987
201903 -0.549 102.870 -0.647
201906 0.422 103.360 0.495
201909 -0.003 103.540 -0.004
201912 0.863 103.650 1.009
202003 -0.577 103.490 -0.676
202006 0.588 103.320 0.690
202009 1.181 103.710 1.380
202012 0.904 103.890 1.055
202103 -0.091 104.870 -0.105
202106 0.426 105.360 0.490
202109 0.480 106.290 0.547
202112 0.262 107.490 0.295
202203 -0.854 110.950 -0.933
202206 -0.130 113.570 -0.139
202209 -0.866 114.920 -0.913
202212 0.500 117.320 0.517
202303 0.139 119.750 0.141
202306 0.470 120.690 0.472
202309 0.609 121.280 0.609
202312 0.879 121.220 0.879
202403 -0.299 121.220 -0.299

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


Fiskars Oyj  (OHEL:FSKRS) 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.

Fiskars Oyj's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17.68/0.86
=20.56

* 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 Fiskars Oyj was 27.04. The lowest was 11.00. And the median was 19.88.


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.


Fiskars Oyj Cyclically Adjusted FCF per Share Related Terms

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


Fiskars Oyj (OHEL:FSKRS) Business Description

Industry
Traded in Other Exchanges
Address
Keilaniementie 10, P.O. Box 91, Espoo, FIN, FI-02151
Fiskars Oyj is a Finnish company that supplies consumer products for home, garden, and outdoor use. The company operates in Europe, the Americas, and the Asia-Pacific region. Fiskar's business areas are functional products, which offer household tools; living products, which offer tabletop and interior decoration products; and outdoor products, which offer gear for recreational and professional use. The major brands of the company include Fiskars, Waterford, Wedgwood, Iittala, Gerber, and Royal Copenhagen. The firm derives the majority of its revenue from sales in Europe and the Americas, with overall sales fairly evenly split between the two. Revenue is also fairly evenly split between the functional products and living products segments, stemming mostly from the Fiskars brand.

Fiskars Oyj (OHEL:FSKRS) Headlines

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