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Byggma ASA (OSL:BMA) Cyclically Adjusted FCF per Share : kr1.20 (As of Dec. 2023)


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What is Byggma 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.

Byggma ASA's adjusted free cash flow per share for the three months ended in Dec. 2023 was kr1.232. 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 kr1.20 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Byggma ASA's average Cyclically Adjusted FCF Growth Rate was 20.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 22.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 20.40% 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 Byggma ASA was 28.60% per year. The lowest was 13.30% per year. And the median was 22.10% per year.

As of today (2024-05-04), Byggma ASA's current stock price is kr18.75. Byggma ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was kr1.20. Byggma ASA's Cyclically Adjusted Price-to-FCF of today is 15.63.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Byggma ASA was 70.59. The lowest was 13.96. And the median was 22.99.


Byggma ASA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Byggma 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.

Byggma ASA Cyclically Adjusted FCF per Share Chart

Byggma 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 0.47 0.66 0.77 1.00 1.20

Byggma ASA 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 1.00 1.01 1.15 1.14 1.20

Competitive Comparison of Byggma ASA's Cyclically Adjusted FCF per Share

For the Building Products & Equipment subindustry, Byggma 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.


Byggma ASA's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



Byggma 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, Byggma ASA'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)
=1.232/131.9000*131.9000
=1.232

Current CPI (Dec. 2023) = 131.9000.

Byggma ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.274 97.300 0.371
201406 0.105 97.500 0.142
201409 0.189 98.500 0.253
201412 0.472 98.600 0.631
201503 0.124 99.200 0.165
201506 0.391 100.100 0.515
201509 0.045 100.600 0.059
201512 1.238 100.900 1.618
201603 -0.328 102.500 -0.422
201606 -0.158 103.800 -0.201
201609 -0.396 104.200 -0.501
201612 0.869 104.400 1.098
201703 -0.619 105.000 -0.778
201706 0.208 105.800 0.259
201709 0.112 105.900 0.139
201712 1.187 106.100 1.476
201803 -0.904 107.300 -1.111
201806 -0.942 108.500 -1.145
201809 0.423 109.500 0.510
201812 0.683 109.800 0.820
201903 -0.857 110.400 -1.024
201906 -0.380 110.600 -0.453
201909 -0.098 111.100 -0.116
201912 1.188 111.300 1.408
202003 -1.084 111.200 -1.286
202006 1.010 112.100 1.188
202009 0.686 112.900 0.801
202012 1.474 112.900 1.722
202103 -0.398 114.600 -0.458
202106 0.166 115.300 0.190
202109 -0.056 117.500 -0.063
202112 0.984 118.900 1.092
202203 0.143 119.800 0.157
202206 1.353 122.600 1.456
202209 0.260 125.600 0.273
202212 0.884 125.900 0.926
202303 -0.490 127.600 -0.507
202306 1.099 130.400 1.112
202309 0.409 129.800 0.416
202312 1.232 131.900 1.232

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


Byggma ASA  (OSL:BMA) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=18.75/1.2
=15.63

* 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 Byggma ASA was 70.59. The lowest was 13.96. And the median was 22.99.


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.


Byggma ASA Cyclically Adjusted FCF per Share Related Terms

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


Byggma ASA (OSL:BMA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Byggma ASA (OSL:BMA) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
Venneslaveien 233, P.O. Box 21, Vennesla, NOR, 4701
Byggma ASA is a supplier of building materials in the Nordic countries. Its operating segment includes Panels; Lighting; Windows; Beams and Byggma other. It generates maximum revenue from the Panels segment. The company's brands include Huntonit, Manonite, Forestia, Uldal, Scan Lamps and Aneta. It is involved in projects ranging from public buildings, commercial and private homes. Geographically, it derives a majority of revenue from Norway.

Byggma ASA (OSL:BMA) Headlines