GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Karolinska Development AB (OSTO:KDEV) » Definitions » Cyclically Adjusted FCF per Share

Karolinska Development AB (OSTO:KDEV) Cyclically Adjusted FCF per Share : kr-1.04 (As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Karolinska Development 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.

Karolinska Development AB's adjusted free cash flow per share for the three months ended in Sep. 2024 was kr-0.024. 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-1.04 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.50% 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 Karolinska Development AB was 12.50% per year. The lowest was 12.50% per year. And the median was 12.50% per year.

As of today (2025-01-18), Karolinska Development AB's current stock price is kr0.985. Karolinska Development AB's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was kr-1.04. Karolinska Development AB's Cyclically Adjusted Price-to-FCF of today is .


Karolinska Development AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Karolinska Development 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.

Karolinska Development AB Cyclically Adjusted FCF per Share Chart

Karolinska Development 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 - -1.64 -1.39 -1.20 -1.10

Karolinska Development AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1.15 -1.10 -1.06 -1.09 -1.04

Competitive Comparison of Karolinska Development AB's Cyclically Adjusted FCF per Share

For the Biotechnology subindustry, Karolinska Development 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.


Karolinska Development AB's Cyclically Adjusted Price-to-FCF Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Karolinska Development AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Karolinska Development 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, Karolinska Development AB's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.024/132.3043*132.3043
=-0.024

Current CPI (Sep. 2024) = 132.3043.

Karolinska Development AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -1.475 100.225 -1.947
201503 -3.546 99.950 -4.694
201506 -0.444 99.995 -0.587
201509 -0.913 100.228 -1.205
201512 -0.513 100.276 -0.677
201603 -0.163 100.751 -0.214
201606 0.013 101.019 0.017
201609 0.133 101.138 0.174
201612 -0.133 102.022 -0.172
201703 0.094 102.022 0.122
201706 -0.031 102.752 -0.040
201709 -0.021 103.279 -0.027
201712 -0.455 103.793 -0.580
201803 -0.171 103.962 -0.218
201806 -0.128 104.875 -0.161
201809 -0.074 105.679 -0.093
201812 0.555 105.912 0.693
201903 -0.096 105.886 -0.120
201906 -0.135 106.742 -0.167
201909 -0.411 107.214 -0.507
201912 0.342 107.766 0.420
202003 -0.184 106.563 -0.228
202006 -0.071 107.498 -0.087
202009 -0.044 107.635 -0.054
202012 0.131 108.296 0.160
202103 -0.051 108.360 -0.062
202106 -0.035 108.928 -0.043
202109 0.206 110.338 0.247
202112 -0.026 112.486 -0.031
202203 -0.069 114.825 -0.080
202206 -0.023 118.384 -0.026
202209 -0.020 122.296 -0.022
202212 -0.021 126.365 -0.022
202303 -0.035 127.042 -0.036
202306 -0.023 129.407 -0.024
202309 -0.017 130.224 -0.017
202312 -0.018 131.912 -0.018
202403 -0.025 132.205 -0.025
202406 -0.030 132.716 -0.030
202409 -0.024 132.304 -0.024

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


Karolinska Development AB  (OSTO:KDEV) 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.


Karolinska Development AB Cyclically Adjusted FCF per Share Related Terms

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


Karolinska Development AB Business Description

Traded in Other Exchanges
Address
TomtebodavAgen 23 A, Solna, SWE, SE-171 65
Karolinska Development AB is a life science investment company. It is focused on identifying breakthrough medical innovations in the Nordic region. It selects commercially attractive medical innovations, develops innovations to the stage where the return on investment can be achieved, and commercializes the innovations through the sale of companies or out-licensing of products. The company focused on profiles namely Aprea Therapeutics; Modus Therapeutics; BioArctic; Umecrine Cognition; and OssDsign.

Karolinska Development AB Headlines

No Headlines