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Scatec ASA (OSL:SCATC) Cyclically Adjusted FCF per Share : kr-14.54 (As of Mar. 2024)


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What is Scatec 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.

Scatec ASA's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr0.925. 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 kr-14.54 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-09), Scatec ASA's current stock price is kr85.05. Scatec ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr-14.54. Scatec ASA's Cyclically Adjusted Price-to-FCF of today is .


Scatec ASA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Scatec 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.

Scatec ASA Cyclically Adjusted FCF per Share Chart

Scatec 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 - - - -13.82 -15.15

Scatec 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 -14.17 -14.54 -13.83 -15.15 -14.54

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

For the Utilities - Renewable subindustry, Scatec 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.


Scatec ASA's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Scatec ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Scatec 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, Scatec 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)
=0.925/132.6000*132.6000
=0.925

Current CPI (Mar. 2024) = 132.6000.

Scatec ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -3.858 97.500 -5.247
201409 -5.743 98.500 -7.731
201412 -1.021 98.600 -1.373
201503 -2.263 99.200 -3.025
201506 -11.261 100.100 -14.917
201509 -2.551 100.600 -3.362
201512 -5.914 100.900 -7.772
201603 -4.393 102.500 -5.683
201606 -0.230 103.800 -0.294
201609 1.283 104.200 1.633
201612 1.993 104.400 2.531
201703 2.276 105.000 2.874
201706 0.938 105.800 1.176
201709 0.335 105.900 0.419
201712 -1.595 106.100 -1.993
201803 -2.125 107.300 -2.626
201806 -4.754 108.500 -5.810
201809 -6.091 109.500 -7.376
201812 -8.064 109.800 -9.738
201903 -9.359 110.400 -11.241
201906 -13.262 110.600 -15.900
201909 -8.117 111.100 -9.688
201912 -6.986 111.300 -8.323
202003 -0.008 111.200 -0.010
202006 -3.474 112.100 -4.109
202009 3.334 112.900 3.916
202012 -0.633 112.900 -0.743
202103 0.611 114.600 0.707
202106 0.904 115.300 1.040
202109 1.690 117.500 1.907
202112 3.673 118.900 4.096
202203 1.705 119.800 1.887
202206 0.491 122.600 0.531
202209 -1.506 125.600 -1.590
202212 -8.410 125.900 -8.858
202303 -5.138 127.600 -5.339
202306 -7.218 130.400 -7.340
202309 -2.851 129.800 -2.913
202312 -15.979 131.900 -16.064
202403 0.925 132.600 0.925

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


Scatec ASA  (OSL:SCATC) 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.


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.


Scatec ASA Cyclically Adjusted FCF per Share Related Terms

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


Scatec ASA (OSL:SCATC) Business Description

Traded in Other Exchanges
Address
Askekroken 11, Oslo, NOR, NO-0277
Scatec ASA is an independent solar power producer, delivering an affordable and sustainable source of clean energy worldwide. The business activity functions through Power Production (PP), Services, and Development and Construction (D&C), and Corporate. The PP segment comprises the Kalkbult and Linde plants in South Africa, the ASYV plant in Rwanda, and four plants in the Czech Republic. Its geographical segments are South Africa, Egypt, Malaysia, Honduras, Jordan, Czech Republic, Mozambique, Ukraine, Netherlands, Rwanda and Others.

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