GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ratos AB (OSTO:RATO A) » Definitions » Cyclically Adjusted FCF per Share

Ratos AB (OSTO:RATO A) Cyclically Adjusted FCF per Share : kr4.87 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Ratos 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.

Ratos AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr-0.663. 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 kr4.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ratos AB's average Cyclically Adjusted FCF Growth Rate was 27.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 25.30% 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 Ratos AB was 30.00% per year. The lowest was 20.10% per year. And the median was 22.10% per year.

As of today (2024-06-04), Ratos AB's current stock price is kr41.00. Ratos AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr4.87. Ratos AB's Cyclically Adjusted Price-to-FCF of today is 8.42.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ratos AB was 30.00. The lowest was 7.04. And the median was 15.80.


Ratos AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ratos 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.

Ratos AB Cyclically Adjusted FCF per Share Chart

Ratos 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 1.57 2.70 2.84 3.45 4.68

Ratos 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 3.81 4.74 4.69 4.68 4.87

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

For the Engineering & Construction subindustry, Ratos 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.


Ratos AB's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ratos AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ratos 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, Ratos 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)
=-0.663/132.2054*132.2054
=-0.663

Current CPI (Mar. 2024) = 132.2054.

Ratos AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.003 100.432 0.004
201409 0.136 100.161 0.180
201412 2.674 100.225 3.527
201503 -0.317 99.950 -0.419
201506 -0.954 99.995 -1.261
201509 0.671 100.228 0.885
201512 2.411 100.276 3.179
201603 0.135 100.751 0.177
201606 0.382 101.019 0.500
201609 -0.399 101.138 -0.522
201612 2.806 102.022 3.636
201703 -0.884 102.022 -1.146
201706 2.157 102.752 2.775
201709 -1.686 103.279 -2.158
201712 2.536 103.793 3.230
201803 -1.389 103.962 -1.766
201806 2.844 104.875 3.585
201809 -1.649 105.679 -2.063
201812 0.888 105.912 1.108
201903 -0.492 105.886 -0.614
201906 4.047 106.742 5.012
201909 -0.366 107.214 -0.451
201912 2.098 107.766 2.574
202003 0.315 106.563 0.391
202006 4.780 107.498 5.879
202009 1.181 107.635 1.451
202012 1.618 108.296 1.975
202103 -1.492 108.360 -1.820
202106 4.162 108.928 5.051
202109 0.098 110.338 0.117
202112 0.363 112.486 0.427
202203 -1.406 114.825 -1.619
202206 2.822 118.384 3.151
202209 2.034 122.296 2.199
202212 -0.325 126.365 -0.340
202303 1.205 127.042 1.254
202306 5.935 129.407 6.063
202309 2.773 130.224 2.815
202312 2.434 131.912 2.439
202403 -0.663 132.205 -0.663

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


Ratos AB  (OSTO:RATO A) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=41.00/4.87
=8.42

* 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 Ratos AB was 30.00. The lowest was 7.04. And the median was 15.80.


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.


Ratos AB Cyclically Adjusted FCF per Share Related Terms

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


Ratos AB (OSTO:RATO A) Business Description

Industry
Address
Sturegatan 10, Box 511, Stockholm, SWE, SE-114 11
Ratos AB is an investment company that owns and develops unlisted medium- and small-sized Nordic companies. Its portfolio has a concentration in construction, consumer goods/commerce and industrials. Traditionally, Ratos is the largest owner of its companies, and it seeks to influence the company's development. The company sets thresholds for minimum investment amounts and chooses not to invest in the early phases of a company's life cycle. Potential portfolio companies are traditionally headquartered in the Nordic region, but Ratos removes qualifications for portfolio company add-on acquisitions. Potential acquisitions are selected through either internal processes or with the help of investment banks and other advisors.

Ratos AB (OSTO:RATO A) Headlines

No Headlines