SpareBank 1 Nord-Norge (OSL:NONG) Cyclically Adjusted FCF per Share: kr17.55 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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OSL:NONG SpareBank 1 Nord-Norge OSL:NONG
65 GF Score
Price kr156.30
GF Value kr128.98
Valuation Modestly Overvalued
! 9 Warning Signs
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What is SpareBank 1 Nord-Norge Cyclically Adjusted FCF per Share?

SpareBank 1 Nord-Norge OSL:NONG -0.09% 65 Cyclically Adjusted FCF per Share is kr17.55 as of Mar. 2026. GuruFocus rates OSL:NONG with a GF Score™ of 65/100 and a GF Value™ of kr128.98 (Modestly Overvalued). The stock has 9 warning signs investors should review.

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.

SpareBank 1 Nord-Norge's adjusted free cash flow per share for the three months ended in Mar. 2026 was kr8.138. 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 kr17.55 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SpareBank 1 Nord-Norge's average Cyclically Adjusted FCF Growth Rate was 90.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 79.90% 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 SpareBank 1 Nord-Norge was 79.90% per year. The lowest was 5.10% per year. And the median was 42.50% per year.

As of today (2026-07-20), SpareBank 1 Nord-Norge's current stock price is kr156.30. SpareBank 1 Nord-Norge's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was kr17.55. SpareBank 1 Nord-Norge's Cyclically Adjusted Price-to-FCF of today is 8.91.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SpareBank 1 Nord-Norge was 9830.00. The lowest was 8.18. And the median was 25.91.


SpareBank 1 Nord-Norge  (OSL:NONG) 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.

SpareBank 1 Nord-Norge's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=156.30/17.55
=8.91

* 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 SpareBank 1 Nord-Norge was 9830.00. The lowest was 8.18. And the median was 25.91.


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.


SpareBank 1 Nord-Norge Cyclically Adjusted FCF per Share Related Terms


SpareBank 1 Nord-Norge Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for SpareBank 1 Nord-Norge'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.

SpareBank 1 Nord-Norge Cyclically Adjusted FCF per Share Chart

SpareBank 1 Nord-Norge Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.67 2.52 3.66 9.62 14.67

SpareBank 1 Nord-Norge Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.21 9.11 12.50 14.67 17.55

SpareBank 1 Nord-Norge Cyclically Adjusted FCF per Share Competitor Comparison

For the Banks - Regional subindustry, SpareBank 1 Nord-Norge'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.


SpareBank 1 Nord-Norge Cyclically Adjusted Price-to-FCF vs Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Nord-Norge's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Nord-Norge's Cyclically Adjusted Price-to-FCF falls into.


OSL:NONG
65GF Score
SpareBank 1 Nord-Norge OSL:NONG
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SpareBank 1 Nord-Norge 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, SpareBank 1 Nord-Norge's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=8.138/141.0300*141.0300
=8.138

Current CPI (Mar. 2026) = 141.0300.

SpareBank 1 Nord-Norge Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 26.544 103.800 36.065
201609 6.325 104.200 8.561
201612 -14.482 104.400 -19.563
201703 -15.409 105.000 -20.696
201706 12.142 105.800 16.185
201709 -0.657 105.900 -0.875
201712 -9.930 106.100 -13.199
201803 -9.024 107.300 -11.861
201806 11.046 108.500 14.358
201809 -50.259 109.500 -64.731
201812 58.218 109.800 74.777
201903 -17.211 110.400 -21.986
201906 -10.558 110.600 -13.463
201909 -12.281 111.100 -15.589
201912 24.184 111.300 30.644
202003 -9.163 111.200 -11.621
202006 4.393 112.100 5.527
202009 -11.285 112.900 -14.097
202012 36.096 112.900 45.090
202103 7.878 114.600 9.695
202106 12.112 115.300 14.815
202109 -3.108 117.500 -3.730
202112 10.797 118.900 12.807
202203 37.460 119.800 44.098
202206 -7.052 122.600 -8.112
202209 5.867 125.600 6.588
202212 -6.972 125.900 -7.810
202303 16.435 127.600 18.165
202306 -9.708 130.400 -10.499
202309 7.779 129.800 8.452
202312 1.484 131.900 1.587
202403 7.968 132.600 8.475
202406 16.116 133.800 16.987
202409 -18.656 133.700 -19.679
202412 30.140 134.800 31.533
202503 -20.917 136.100 -21.675
202506 23.865 137.800 24.424
202509 -6.066 138.500 -6.177
202512 23.606 139.100 23.934
202603 8.138 141.030 8.138

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

What does a Cyclically Adjusted FCF per Share of kr17.55 mean?
SpareBank 1 Nord-Norge (OSL:NONG) has a Cyclically Adjusted FCF per Share of kr17.55 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on SpareBank 1 Nord-Norge and its competitors.
Is SpareBank 1 Nord-Norge's Cyclically Adjusted FCF per Share too high?
SpareBank 1 Nord-Norge's current Cyclically Adjusted FCF per Share is kr17.55. Overall, SpareBank 1 Nord-Norge has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SpareBank 1 Nord-Norge's Cyclically Adjusted FCF per Share compare to competitors?
SpareBank 1 Nord-Norge's Cyclically Adjusted FCF per Share of kr17.55 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Banks company?
A good Cyclically Adjusted FCF per Share depends on the Banks industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on SpareBank 1 Nord-Norge and its competitors. SpareBank 1 Nord-Norge's current Cyclically Adjusted FCF per Share is kr17.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpareBank 1 Nord-Norge stock overvalued right now?
Based on GuruFocus' analysis, SpareBank 1 Nord-Norge (OSL:NONG) is currently considered Modestly Overvalued. The stock's GF Value™ is kr128.98, compared to a current price of kr156.30 — trading 21.2% above its estimated fair value. The current Cyclically Adjusted FCF per Share is kr17.55. SpareBank 1 Nord-Norge's overall GF Score™ is 65/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For SpareBank 1 Nord-Norge (OSL:NONG), the current Cyclically Adjusted FCF per Share is kr17.55 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SpareBank 1 Nord-Norge (OSL:NONG) Overvalued in 2026?

Based on GuruFocus' analysis, SpareBank 1 Nord-Norge stock appears to be overvalued. The current stock price of kr156.30 is trading 21.2% above its estimated GF Value™ of kr128.98. GuruFocus considers SpareBank 1 Nord-Norge to be Modestly Overvalued.

Key valuation signals for OSL:NONG:

  • Cyclically Adjusted FCF per Share: kr17.55
  • GF Value™: kr128.98 vs. price of kr156.30 (21.2% above fair value)
  • GF Score™: 65/100 with 9 warning signs

No single metric tells the full story. See the OSL:NONG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SpareBank 1 Nord-Norge Business Description

Other Exchanges NONGo:UK0J1N:UK93S:Germany
Address Storgata 65, PO Box 6800, Tromso, NOR, 9008
SpareBank 1 Nord-Norge is a Norwegian banking services provider. Apart from general banking solutions, its areas of expertise include estate agency, asset financing, and accounting operations. The company operates with primary segments, namely the retail market and the corporate market. In addition, the subsidiary companies activities, such as accounting services, real estate brokerage, and leasing/sale-leaseback financing, are considered. The Retail Banking segment serves individual customers through the provision of retail banking products such as loans, deposits, cards, and insurance. The Corporate Banking segment focuses purely on corporate customers.
65GF Score

Get the complete analysis for OSL:NONG

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr156.30
Price
kr128.98
GF Value