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Skue Sparebank (OSL:SKUE) Cyclically Adjusted FCF per Share : kr-73.95 (As of Mar. 2024)


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What is Skue Sparebank 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.

Skue Sparebank's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr-45.076. 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-73.95 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -17.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -24.50% 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 Skue Sparebank was -8.40% per year. The lowest was -32.40% per year. And the median was -17.10% per year.

As of today (2024-05-23), Skue Sparebank's current stock price is kr243.00. Skue Sparebank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr-73.95. Skue Sparebank's Cyclically Adjusted Price-to-FCF of today is .


Skue Sparebank Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Skue Sparebank'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.

Skue Sparebank Cyclically Adjusted FCF per Share Chart

Skue Sparebank 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 -19.73 -40.06 -27.12 -45.79 -64.31

Skue Sparebank 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 -42.25 -42.53 -62.17 -64.31 -73.95

Competitive Comparison of Skue Sparebank's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Skue Sparebank'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.


Skue Sparebank's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Skue Sparebank 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, Skue Sparebank'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)
=-45.076/132.6000*132.6000
=-45.076

Current CPI (Mar. 2024) = 132.6000.

Skue Sparebank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 118.898 97.500 161.701
201409 53.663 98.500 72.241
201412 54.929 98.600 73.870
201503 -50.865 99.200 -67.991
201506 -101.593 100.100 -134.578
201509 71.464 100.600 94.196
201512 17.475 100.900 22.965
201603 -173.498 102.500 -224.447
201606 -167.208 103.800 -213.601
201609 74.421 104.200 94.705
201612 17.015 104.400 21.611
201703 3.641 105.000 4.598
201706 105.012 105.800 131.612
201709 -16.895 105.900 -21.155
201712 19.766 106.100 24.703
201803 -98.733 107.300 -122.013
201806 -60.962 108.500 -74.503
201809 -21.843 109.500 -26.451
201812 -138.271 109.800 -166.983
201903 -110.616 110.400 -132.859
201906 133.675 110.600 160.265
201909 119.977 111.100 143.195
201912 -148.548 111.300 -176.976
202003 -133.399 111.200 -159.071
202006 18.793 112.100 22.230
202009 -147.512 112.900 -173.251
202012 48.522 112.900 56.989
202103 20.291 114.600 23.478
202106 171.227 115.300 196.918
202109 21.627 117.500 24.406
202112 -10.757 118.900 -11.996
202203 -88.745 119.800 -98.227
202206 -90.681 122.600 -98.077
202209 -92.061 125.600 -97.192
202212 -17.410 125.900 -18.337
202303 43.919 127.600 45.640
202306 73.243 130.400 74.479
202309 -121.268 129.800 -123.884
202312 -2.593 131.900 -2.607
202403 -45.076 132.600 -45.076

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


Skue Sparebank  (OSL:SKUE) 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.


Skue Sparebank Cyclically Adjusted FCF per Share Related Terms

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


Skue Sparebank (OSL:SKUE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jordeshagen 5, Nesbyen, NOR, 3540
Skue Sparebank is a savings bank offering a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

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