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Sectra AB (OSTO:SECT B) Cyclically Adjusted FCF per Share : kr1.46 (As of Jan. 2024)


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What is Sectra 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.

Sectra AB's adjusted free cash flow per share for the three months ended in Jan. 2024 was kr1.050. 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 kr1.46 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Sectra AB's average Cyclically Adjusted FCF Growth Rate was 9.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.20% 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 Sectra AB was 18.60% per year. The lowest was 9.90% per year. And the median was 15.50% per year.

As of today (2024-06-06), Sectra AB's current stock price is kr227.40. Sectra AB's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was kr1.46. Sectra AB's Cyclically Adjusted Price-to-FCF of today is 155.75.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sectra AB was 234.62. The lowest was 42.13. And the median was 110.50.


Sectra AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sectra 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.

Sectra AB Cyclically Adjusted FCF per Share Chart

Sectra AB Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.90 1.05 1.31 1.50

Sectra AB Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.33 1.50 1.46 1.38 1.46

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

For the Medical Devices subindustry, Sectra 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.


Sectra AB's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sectra AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1.05/131.7203*131.7203
=1.050

Current CPI (Jan. 2024) = 131.7203.

Sectra AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.103 100.174 0.135
201407 0.147 100.104 0.193
201410 0.145 100.215 0.191
201501 -0.124 99.172 -0.165
201504 0.279 99.941 0.368
201507 0.034 100.027 0.045
201510 0.272 100.301 0.357
201601 0.341 99.931 0.449
201604 0.323 100.732 0.422
201607 0.092 101.080 0.120
201610 0.275 101.485 0.357
201701 0.544 101.326 0.707
201704 0.313 102.615 0.402
201707 0.126 103.301 0.161
201710 0.262 103.202 0.334
201801 0.239 102.925 0.306
201804 0.451 104.390 0.569
201807 0.048 105.420 0.060
201810 0.399 105.545 0.498
201901 0.369 104.855 0.464
201904 0.315 106.627 0.389
201907 -0.282 107.166 -0.347
201910 0.497 107.243 0.610
202001 0.609 106.215 0.755
202004 0.311 106.240 0.386
202007 0.372 107.731 0.455
202010 0.105 107.539 0.129
202101 0.618 107.897 0.754
202104 0.485 108.624 0.588
202107 -0.041 109.218 -0.049
202110 0.115 110.562 0.137
202201 0.687 111.876 0.809
202204 2.055 115.534 2.343
202207 -0.427 118.489 -0.475
202210 0.060 122.561 0.064
202301 0.316 124.942 0.333
202304 1.856 127.632 1.915
202307 -0.712 129.464 -0.724
202310 -0.518 130.549 -0.523
202401 1.050 131.720 1.050

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


Sectra AB  (OSTO:SECT B) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=227.40/1.46
=155.75

* 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 Sectra AB was 234.62. The lowest was 42.13. And the median was 110.50.


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.


Sectra AB Cyclically Adjusted FCF per Share Related Terms

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


Sectra AB (OSTO:SECT B) Business Description

Traded in Other Exchanges
Address
Teknikringen 20, Linkoping, SWE, SE-583 30
Sectra AB develops IT solutions and services for storing, viewing, and working with medical images. The operating business segments are Imaging IT Solutions, Secure Communications, Business Innovation, and Other Operations. It generates maximum revenue from the Imaging IT Solutions segment. The company also offers maintenance in the form of support, system monitoring, and consulting services related to integration, system design, data migration, and business development. Geographically, it derives a majority of its revenue from Sweden and also has a presence in the Netherlands; the United Kingdom, and the Rest of Europe.

Sectra AB (OSTO:SECT B) Headlines

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