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Ponsse Oyj (OHEL:PON1V) Cyclically Adjusted FCF per Share : €0.85 (As of Mar. 2024)


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What is Ponsse 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.

Ponsse Oyj's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.086. 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 €0.85 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ponsse Oyj's average Cyclically Adjusted FCF Growth Rate was -5.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.80% 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 Ponsse Oyj was 15.70% per year. The lowest was 7.50% per year. And the median was 9.70% per year.

As of today (2024-06-10), Ponsse Oyj's current stock price is €24.40. Ponsse Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.85. Ponsse Oyj's Cyclically Adjusted Price-to-FCF of today is 28.71.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ponsse Oyj was 52.62. The lowest was 24.70. And the median was 40.82.


Ponsse Oyj Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ponsse 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.

Ponsse Oyj Cyclically Adjusted FCF per Share Chart

Ponsse 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 0.72 0.82 1.07 0.95 0.82

Ponsse 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 0.90 0.91 0.81 0.82 0.85

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

For the Farm & Heavy Construction Machinery subindustry, Ponsse 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.


Ponsse Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ponsse Oyj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ponsse 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, Ponsse 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)
=0.086/122.3600*122.3600
=0.086

Current CPI (Mar. 2024) = 122.3600.

Ponsse Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.089 100.147 -0.109
201409 0.312 100.726 0.379
201412 0.509 100.229 0.621
201503 -0.495 100.120 -0.605
201506 -0.171 100.030 -0.209
201509 0.388 100.130 0.474
201512 0.966 99.990 1.182
201603 -0.246 100.080 -0.301
201606 0.024 100.390 0.029
201609 0.113 100.540 0.138
201612 1.030 101.020 1.248
201703 -0.487 100.910 -0.591
201706 -0.136 101.140 -0.165
201709 0.439 101.320 0.530
201712 0.845 101.510 1.019
201803 0.459 101.730 0.552
201806 -0.289 102.320 -0.346
201809 -0.433 102.600 -0.516
201812 1.205 102.710 1.436
201903 -0.085 102.870 -0.101
201906 -0.238 103.360 -0.282
201909 0.057 103.540 0.067
201912 0.808 103.650 0.954
202003 -0.599 103.490 -0.708
202006 -0.150 103.320 -0.178
202009 0.889 103.710 1.049
202012 1.865 103.890 2.197
202103 0.352 104.870 0.411
202106 0.138 105.360 0.160
202109 0.646 106.290 0.744
202112 1.637 107.490 1.863
202203 -1.232 110.950 -1.359
202206 -0.734 113.570 -0.791
202209 -0.877 114.920 -0.934
202212 0.708 117.320 0.738
202303 -0.269 119.750 -0.275
202306 -0.403 120.690 -0.409
202309 -0.489 121.280 -0.493
202312 0.984 121.540 0.991
202403 0.086 122.360 0.086

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


Ponsse Oyj  (OHEL:PON1V) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=24.40/0.85
=28.71

* 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 Ponsse Oyj was 52.62. The lowest was 24.70. And the median was 40.82.


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.


Ponsse Oyj Cyclically Adjusted FCF per Share Related Terms

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


Ponsse Oyj (OHEL:PON1V) Business Description

Traded in Other Exchanges
Address
Ponssentie 22, Vierema, FIN, FI-74200
Ponsse Oyj is engaged in the development, manufacture, sales, designing, and servicing of forest machines, other metal products, machine control systems, vehicle PC equipment, and different types of separate systems and software. The company's products include harvesters, forwarders, dual machines, harvester heads, cranes and loaders, information systems, and bioenergy products. The company divides its business activities into four geographical segments, namely Northern Europe, Central & Southern Europe, North & South America and Other countries.

Ponsse Oyj (OHEL:PON1V) Headlines

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