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Sparebanken Ost (OSL:SPOG) Cyclically Adjusted FCF per Share : kr-35.10 (As of Mar. 2025)


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What is Sparebanken Ost 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.

Sparebanken Ost's adjusted free cash flow per share for the three months ended in Mar. 2025 was kr19.907. 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-35.10 for the trailing ten years ended in Mar. 2025.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.30% 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 Sparebanken Ost was 13.30% per year. The lowest was -2.60% per year. And the median was 5.35% per year.

As of today (2025-05-23), Sparebanken Ost's current stock price is kr72.20. Sparebanken Ost's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was kr-35.10. Sparebanken Ost's Cyclically Adjusted Price-to-FCF of today is .


Sparebanken Ost Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sparebanken Ost'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.

Sparebanken Ost Cyclically Adjusted FCF per Share Chart

Sparebanken Ost Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -48.51 -53.68 -53.60 -52.33 -35.04

Sparebanken Ost Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -45.02 -34.14 -33.64 -35.04 -35.10

Competitive Comparison of Sparebanken Ost's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Sparebanken Ost'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.


Sparebanken Ost's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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


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Sparebanken Ost 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, Sparebanken Ost's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=19.907/136.1000*136.1000
=19.907

Current CPI (Mar. 2025) = 136.1000.

Sparebanken Ost Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 69.740 100.100 94.821
201509 -33.772 100.600 -45.690
201512 -46.684 100.900 -62.970
201603 -16.796 102.500 -22.302
201606 7.829 103.800 10.265
201609 -20.742 104.200 -27.092
201612 4.785 104.400 6.238
201703 -45.994 105.000 -59.617
201706 17.944 105.800 23.083
201709 -14.153 105.900 -18.189
201712 -14.056 106.100 -18.030
201803 -47.600 107.300 -60.376
201806 -8.697 108.500 -10.909
201809 -25.623 109.500 -31.847
201812 -87.738 109.800 -108.754
201903 -38.807 110.400 -47.841
201906 14.659 110.600 18.039
201909 -1.452 111.100 -1.779
201912 1.177 111.300 1.439
202003 -42.969 111.200 -52.591
202006 33.959 112.100 41.229
202009 32.898 112.900 39.658
202012 -61.936 112.900 -74.663
202103 -78.559 114.600 -93.297
202106 -43.269 115.300 -51.075
202109 40.437 117.500 46.838
202112 8.157 118.900 9.337
202203 44.720 119.800 50.805
202206 76.822 122.600 85.281
202209 -5.075 125.600 -5.499
202212 3.545 125.900 3.832
202303 -37.794 127.600 -40.312
202306 15.783 130.400 16.473
202309 -40.804 129.800 -42.784
202312 30.833 131.900 31.815
202403 22.580 132.600 23.176
202406 -11.442 133.800 -11.639
202409 -12.141 133.700 -12.359
202412 26.125 134.800 26.377
202503 19.907 136.100 19.907

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


Sparebanken Ost  (OSL:SPOG) 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.


Sparebanken Ost Cyclically Adjusted FCF per Share Related Terms

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


Sparebanken Ost Business Description

Industry
Traded in Other Exchanges
Address
Bragernes Torg 2, PO Box 67, Hokksund, Drammen, NOR, 3301
Sparebanken Øst is a savings bank in Norway. It offers banking products and services to retail and corporate customers in the areas of loans, payment services, insurance products, property management as well as advisory services. Its mission is to be a non-affiliated, independent and locally managed provider of financial services, to enable people in general, along with small and medium-sized enterprises, to exploit their financial resources in the best possible manner.

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