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Bulten AB (OSTO:BULTEN) Cyclically Adjusted FCF per Share : kr2.73 (As of Mar. 2024)


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What is Bulten AB 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.

Bulten AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr3.955. 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 kr2.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bulten AB's average Cyclically Adjusted FCF Growth Rate was 17.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.50% 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 Bulten AB was 77.90% per year. The lowest was -3.50% per year. And the median was 37.20% per year.

As of today (2024-05-16), Bulten AB's current stock price is kr88.10. Bulten AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr2.73. Bulten AB's Cyclically Adjusted Price-to-FCF of today is 32.27.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bulten AB was 2010.00. The lowest was 26.37. And the median was 52.13.


Bulten AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bulten AB'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.

Bulten AB Cyclically Adjusted FCF per Share Chart

Bulten AB 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 0.30 2.16 1.19 1.69 1.94

Bulten AB 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 2.33 2.29 2.12 1.94 2.73

Competitive Comparison of Bulten AB's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Bulten AB'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.


Bulten AB's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bulten AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Bulten AB 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, Bulten AB'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)
=3.955/130.9575*130.9575
=3.955

Current CPI (Mar. 2024) = 130.9575.

Bulten AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -4.059 100.432 -5.293
201409 -3.503 100.161 -4.580
201412 2.338 100.225 3.055
201503 1.226 99.950 1.606
201506 -1.093 99.995 -1.431
201509 -2.449 100.228 -3.200
201512 -2.940 100.276 -3.840
201603 3.094 100.751 4.022
201606 4.322 101.019 5.603
201609 1.269 101.138 1.643
201612 4.443 102.022 5.703
201703 -0.440 102.022 -0.565
201706 0.293 102.752 0.373
201709 -0.977 103.279 -1.239
201712 -2.058 103.793 -2.597
201803 -0.635 103.962 -0.800
201806 0.880 104.875 1.099
201809 -2.396 105.679 -2.969
201812 0.198 105.912 0.245
201903 -4.568 105.886 -5.650
201906 0.150 106.742 0.184
201909 1.501 107.214 1.833
201912 2.402 107.766 2.919
202003 2.506 106.563 3.080
202006 1.906 107.498 2.322
202009 6.909 107.635 8.406
202012 7.480 108.296 9.045
202103 3.669 108.360 4.434
202106 0.334 108.928 0.402
202109 -8.624 110.338 -10.236
202112 -1.191 112.486 -1.387
202203 0.905 114.825 1.032
202206 -3.288 118.384 -3.637
202209 -4.622 122.296 -4.949
202212 8.481 126.365 8.789
202303 7.576 127.042 7.810
202306 0.619 129.407 0.626
202309 -0.429 130.224 -0.431
202312 1.906 130.958 1.906
202403 3.955 130.958 3.955

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


Bulten AB  (OSTO:BULTEN) 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.

Bulten AB's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=88.10/2.73
=32.27

* 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 Bulten AB was 2010.00. The lowest was 26.37. And the median was 52.13.


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.


Bulten AB Cyclically Adjusted FCF per Share Related Terms

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


Bulten AB (OSTO:BULTEN) Business Description

Industry
Traded in Other Exchanges
Address
August Barks gata 6A, Box 9148, Gothenburg, SWE, SE-40093
Bulten AB develops, produces, and markets fasteners in the European automotive industry. Its product range includes customer-specific products to customized fasteners. It also provides technical development, line-feeding, logistics, material, and production services. Its products are screws, nuts, clips, and rivets. Bulten has its manufacturing unit in Germany, Sweden, Poland, the United Kingdom, China, the USA, and other countries and receives its revenue from northern Europe.

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