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Bakkafrost P/F (OSL:BAKKA) Cyclically Adjusted FCF per Share : kr6.92 (As of Dec. 2023)


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What is Bakkafrost P/F 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.

Bakkafrost P/F's adjusted free cash flow per share for the three months ended in Dec. 2023 was kr-10.861. 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 kr6.92 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bakkafrost P/F's average Cyclically Adjusted FCF Growth Rate was -10.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -4.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -3.80% 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 Bakkafrost P/F was -0.50% per year. The lowest was -4.60% per year. And the median was -3.50% per year.

As of today (2024-05-01), Bakkafrost P/F's current stock price is kr679.00. Bakkafrost P/F's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was kr6.92. Bakkafrost P/F's Cyclically Adjusted Price-to-FCF of today is 98.12.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bakkafrost P/F was 102.91. The lowest was 38.91. And the median was 65.36.


Bakkafrost P/F Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bakkafrost P/F'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.

Bakkafrost P/F Cyclically Adjusted FCF per Share Chart

Bakkafrost P/F 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 8.86 7.81 7.55 7.70 6.92

Bakkafrost P/F Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.70 8.75 8.62 8.31 6.92

Competitive Comparison of Bakkafrost P/F's Cyclically Adjusted FCF per Share

For the Farm Products subindustry, Bakkafrost P/F'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.


Bakkafrost P/F's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bakkafrost P/F's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Bakkafrost P/F's Cyclically Adjusted Price-to-FCF falls into.



Bakkafrost P/F 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, Bakkafrost P/F's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-10.861/129.4194*129.4194
=-10.861

Current CPI (Dec. 2023) = 129.4194.

Bakkafrost P/F Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 2.053 99.695 2.665
201406 5.592 100.560 7.197
201409 5.267 100.428 6.787
201412 1.739 99.070 2.272
201503 -0.604 99.621 -0.785
201506 6.064 100.684 7.795
201509 4.148 100.392 5.347
201512 -5.985 99.792 -7.762
201603 3.253 100.470 4.190
201606 1.264 101.688 1.609
201609 3.313 101.861 4.209
201612 -3.530 101.863 -4.485
201703 4.674 102.862 5.881
201706 8.622 103.349 10.797
201709 5.563 104.136 6.914
201712 2.432 104.011 3.026
201803 6.780 105.290 8.334
201806 3.873 106.317 4.715
201809 5.224 106.507 6.348
201812 -5.817 105.998 -7.102
201903 -0.895 107.251 -1.080
201906 4.555 108.070 5.455
201909 16.347 108.329 19.529
201912 -9.356 108.420 -11.168
202003 6.751 108.902 8.023
202006 -2.586 108.767 -3.077
202009 -1.737 109.815 -2.047
202012 -10.839 109.897 -12.764
202103 -3.006 111.754 -3.481
202106 6.574 114.631 7.422
202109 -0.996 115.734 -1.114
202112 -2.365 117.630 -2.602
202203 -0.663 121.301 -0.707
202206 6.048 125.017 6.261
202209 -2.568 125.227 -2.654
202212 -3.599 125.222 -3.720
202303 9.466 127.348 9.620
202306 1.517 128.729 1.525
202309 -1.276 129.860 -1.272
202312 -10.861 129.419 -10.861

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


Bakkafrost P/F  (OSL:BAKKA) 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.

Bakkafrost P/F's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=679.00/6.92
=98.12

* 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 Bakkafrost P/F was 102.91. The lowest was 38.91. And the median was 65.36.


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.


Bakkafrost P/F Cyclically Adjusted FCF per Share Related Terms

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


Bakkafrost P/F (OSL:BAKKA) Business Description

Address
Bakkavegur 9, P.O. Box 221, Glyvrar, FRO, FO-625
Bakkafrost P/F is a salmon producer based in the Faroe Islands. The company's activities include farming, harvesting, packaging, processing, and sales. The salmon products consist of whole salmon, frozen salmon portions, salmon heads, backbones, belly flaps, and salmon skin. Bakkafrost divides its operations into three segments. The fish farming segment involves the breeding, processing, sales, and distribution of salmon and contributes to the majority of the group revenue. The value-added products segment produces skinless and boneless portions of salmon. The fishmeal, oil and feed segment is engaged in the production and sale of fishmeal, fish oil and fish feed through Bakkafrost's subsidiary Havsbrun.

Bakkafrost P/F (OSL:BAKKA) Headlines

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