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SpareBank 1 Nord-Norge (OSL:NONG) Cyclically Adjusted FCF per Share : kr3.67 (As of Dec. 2023)


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What is SpareBank 1 Nord-Norge 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.

SpareBank 1 Nord-Norge's adjusted free cash flow per share for the three months ended in Dec. 2023 was kr3.297. 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 kr3.67 for the trailing ten years ended in Dec. 2023.

During the past 12 months, SpareBank 1 Nord-Norge's average Cyclically Adjusted FCF Growth Rate was 45.60% 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 5.10% per year. The lowest was 5.10% per year. And the median was 5.10% per year.

As of today (2024-05-01), SpareBank 1 Nord-Norge's current stock price is kr100.38. SpareBank 1 Nord-Norge's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was kr3.67. SpareBank 1 Nord-Norge's Cyclically Adjusted Price-to-FCF of today is 27.35.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SpareBank 1 Nord-Norge was 3276.67. The lowest was 25.03. And the median was 41.64.


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

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.

* Premium members only.

SpareBank 1 Nord-Norge Cyclically Adjusted FCF per Share Chart

SpareBank 1 Nord-Norge 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 -9.80 -8.71 -7.67 2.52 3.67

SpareBank 1 Nord-Norge 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 2.52 2.25 0.03 1.57 3.67

Competitive Comparison of SpareBank 1 Nord-Norge's Cyclically Adjusted FCF per Share

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's Cyclically Adjusted Price-to-FCF Distribution in the 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.



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 Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.297/131.9000*131.9000
=3.297

Current CPI (Dec. 2023) = 131.9000.

SpareBank 1 Nord-Norge Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -20.469 97.300 -27.748
201406 22.261 97.500 30.115
201409 -1.813 98.500 -2.428
201412 -16.913 98.600 -22.625
201503 -11.524 99.200 -15.323
201506 18.855 100.100 24.845
201509 -28.696 100.600 -37.624
201512 1.813 100.900 2.370
201603 -13.586 102.500 -17.483
201606 26.544 103.800 33.730
201609 6.325 104.200 8.006
201612 -14.482 104.400 -18.297
201703 -15.409 105.000 -19.357
201706 12.142 105.800 15.137
201709 -0.657 105.900 -0.818
201712 -9.930 106.100 -12.345
201803 -9.024 107.300 -11.093
201806 11.046 108.500 13.428
201809 -50.259 109.500 -60.540
201812 58.218 109.800 69.936
201903 -17.211 110.400 -20.563
201906 -10.558 110.600 -12.591
201909 -12.281 111.100 -14.580
201912 24.184 111.300 28.660
202003 -9.163 111.200 -10.869
202006 4.393 112.100 5.169
202009 -11.285 112.900 -13.184
202012 36.096 112.900 42.171
202103 7.878 114.600 9.067
202106 12.112 115.300 13.856
202109 -3.108 117.500 -3.489
202112 10.797 118.900 11.977
202203 37.460 119.800 41.244
202206 -7.052 122.600 -7.587
202209 5.867 125.600 6.161
202212 -6.972 125.900 -7.304
202303 4.881 127.600 5.045
202306 2.291 130.400 2.317
202309 5.966 129.800 6.063
202312 3.297 131.900 3.297

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


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
=100.38/3.67
=27.35

* 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 3276.67. The lowest was 25.03. And the median was 41.64.


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

Thank you for viewing the detailed overview of SpareBank 1 Nord-Norge's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


SpareBank 1 Nord-Norge (OSL:NONG) Business Description

Industry
Traded in Other Exchanges
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 Retail Banking, Corporate Banking, and leasing & Markets. The Retail Banking segment serves individual customers through the provision of retail banking products such as loans, deposits, cards, and insurances. The Corporate Banking segment focuses purely on corporate customers. The bank also provides real estate brokerage, trading in securities, active investment management, and value assessment.

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