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Arendals Fossekompani ASA (OSL:AFK) Cyclically Adjusted FCF per Share : kr1.43 (As of Mar. 2024)


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What is Arendals Fossekompani ASA 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.

Arendals Fossekompani ASA's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr2.953. 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 kr1.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Arendals Fossekompani ASA's average Cyclically Adjusted FCF Growth Rate was -61.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -23.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -9.50% 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 Arendals Fossekompani ASA was 7.10% per year. The lowest was -23.30% per year. And the median was 4.80% per year.

As of today (2024-06-10), Arendals Fossekompani ASA's current stock price is kr178.40. Arendals Fossekompani ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr1.43. Arendals Fossekompani ASA's Cyclically Adjusted Price-to-FCF of today is 124.76.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Arendals Fossekompani ASA was 156.55. The lowest was 24.88. And the median was 57.57.


Arendals Fossekompani ASA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Arendals Fossekompani ASA'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.

Arendals Fossekompani ASA Cyclically Adjusted FCF per Share Chart

Arendals Fossekompani ASA 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 3.52 3.12 3.98 4.05 1.41

Arendals Fossekompani ASA 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 3.74 2.80 2.44 1.41 1.43

Competitive Comparison of Arendals Fossekompani ASA's Cyclically Adjusted FCF per Share

For the Conglomerates subindustry, Arendals Fossekompani ASA'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.


Arendals Fossekompani ASA's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Arendals Fossekompani ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Arendals Fossekompani ASA's Cyclically Adjusted Price-to-FCF falls into.



Arendals Fossekompani ASA 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, Arendals Fossekompani ASA'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)
=2.953/132.6000*132.6000
=2.953

Current CPI (Mar. 2024) = 132.6000.

Arendals Fossekompani ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.107 97.500 -0.146
201409 0.891 98.500 1.199
201412 0.872 98.600 1.173
201503 2.472 99.200 3.304
201506 -0.072 100.100 -0.095
201509 0.942 100.600 1.242
201512 3.324 100.900 4.368
201603 0.956 102.500 1.237
201606 -0.545 103.800 -0.696
201609 -1.288 104.200 -1.639
201612 1.690 104.400 2.146
201703 3.737 105.000 4.719
201706 -1.096 105.800 -1.374
201709 -1.048 105.900 -1.312
201712 2.062 106.100 2.577
201803 2.439 107.300 3.014
201806 -0.896 108.500 -1.095
201809 -0.592 109.500 -0.717
201812 -0.721 109.800 -0.871
201903 4.585 110.400 5.507
201906 -2.080 110.600 -2.494
201909 0.000 111.100 0.000
201912 2.244 111.300 2.673
202003 5.106 111.200 6.089
202006 -3.810 112.100 -4.507
202009 -2.953 112.900 -3.468
202012 -0.151 112.900 -0.177
202103 3.950 114.600 4.570
202106 -4.203 115.300 -4.834
202109 -1.190 117.500 -1.343
202112 9.059 118.900 10.103
202203 6.114 119.800 6.767
202206 -6.433 122.600 -6.958
202209 0.267 125.600 0.282
202212 1.665 125.900 1.754
202303 0.791 127.600 0.822
202306 -9.733 130.400 -9.897
202309 -4.533 129.800 -4.631
202312 -6.277 131.900 -6.310
202403 2.953 132.600 2.953

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


Arendals Fossekompani ASA  (OSL:AFK) 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.

Arendals Fossekompani ASA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=178.40/1.43
=124.76

* 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 Arendals Fossekompani ASA was 156.55. The lowest was 24.88. And the median was 57.57.


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.


Arendals Fossekompani ASA Cyclically Adjusted FCF per Share Related Terms

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


Arendals Fossekompani ASA (OSL:AFK) Business Description

Traded in Other Exchanges
Address
Langbryggen 5, Arendal, NOR, 4841
Arendals Fossekompani ASA is an industrial investment company holding several core investments and a portfolio of financial investments. The company has proud traditions in power production and owns and operates two hydropower plants, and also runs several property development projects. In addition, the firm operates globally in many forward-looking industries including 3D printing, algo trading, satellite services, battery and solar technology, software and digitalization, as well as various green energy technologies. The company has 10 operating segments; Hydropower, Group Management, Volue, NSSLGIobaI, ENRX, Tekna, AFK Property, Alytic, Ampwell, and Vergia.

Arendals Fossekompani ASA (OSL:AFK) Headlines