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Orkla ASA (OSTO:ORKO) Cyclically Adjusted FCF per Share : kr4.89 (As of Mar. 2025)


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What is Orkla 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.

Orkla ASA's adjusted free cash flow per share for the three months ended in Mar. 2025 was kr0.860. 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 kr4.89 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Orkla ASA's average Cyclically Adjusted FCF Growth Rate was 23.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.00% 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 Orkla ASA was 12.80% per year. The lowest was -2.30% per year. And the median was 2.10% per year.

As of today (2025-05-31), Orkla ASA's current stock price is kr115.80. Orkla ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was kr4.89. Orkla ASA's Cyclically Adjusted Price-to-FCF of today is 23.68.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Orkla ASA was 29.54. The lowest was 18.20. And the median was 23.47.


Orkla ASA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Orkla 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.

Orkla ASA Cyclically Adjusted FCF per Share Chart

Orkla ASA 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 3.06 3.31 3.35 3.83 4.81

Orkla ASA 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 3.92 4.39 4.46 4.81 4.89

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

For the Packaged Foods subindustry, Orkla 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.


Orkla ASA's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Orkla ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Orkla 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, Orkla ASA'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)
=0.86/136.1000*136.1000
=0.860

Current CPI (Mar. 2025) = 136.1000.

Orkla ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.573 100.100 0.779
201509 0.675 100.600 0.913
201512 1.201 100.900 1.620
201603 0.055 102.500 0.073
201606 0.310 103.800 0.406
201609 0.905 104.200 1.182
201612 1.172 104.400 1.528
201703 0.462 105.000 0.599
201706 1.997 105.800 2.569
201709 1.081 105.900 1.389
201712 0.787 106.100 1.010
201803 -0.272 107.300 -0.345
201806 0.316 108.500 0.396
201809 1.468 109.500 1.825
201812 1.166 109.800 1.445
201903 0.551 110.400 0.679
201906 -0.068 110.600 -0.084
201909 1.473 111.100 1.804
201912 1.446 111.300 1.768
202003 0.323 111.200 0.395
202006 1.046 112.100 1.270
202009 1.433 112.900 1.727
202012 1.217 112.900 1.467
202103 0.249 114.600 0.296
202106 0.648 115.300 0.765
202109 1.367 117.500 1.583
202112 1.471 118.900 1.684
202203 0.003 119.800 0.003
202206 -0.313 122.600 -0.347
202209 1.427 125.600 1.546
202212 1.310 125.900 1.416
202303 0.013 127.600 0.014
202306 1.129 130.400 1.178
202309 2.393 129.800 2.509
202312 1.724 131.900 1.779
202403 1.148 132.600 1.178
202406 4.500 133.800 4.577
202409 2.690 133.700 2.738
202412 2.701 134.800 2.727
202503 0.860 136.100 0.860

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


Orkla ASA  (OSTO:ORKo) 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.

Orkla ASA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=115.80/4.89
=23.68

* 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 Orkla ASA was 29.54. The lowest was 18.20. And the median was 23.47.


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.


Orkla ASA Cyclically Adjusted FCF per Share Related Terms

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


Orkla ASA Business Description

Address
Drammensveien 149, Oslo, NOR, NO-0277
Orkla ASA is a branded consumer goods company, originally from Norway. Its segments include Orkla Foods, Orkla Food Ingredients, Orkla Snacks, Orkla Health, Orkla India, Orkla Home & Personal Care, The European Pizza, Orkla House Care, Health and Sports Nutrition Group, Pierre Robert Group, and Lilleborg. It generates the majority of its revenue from Norway.

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