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Scandinavian Enviro Systems AB (OSTO:SES) Cyclically Adjusted FCF per Share : kr-0.39 (As of Mar. 2024)


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What is Scandinavian Enviro Systems 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.

Scandinavian Enviro Systems AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr0.078. 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-0.39 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-22), Scandinavian Enviro Systems AB's current stock price is kr2.20. Scandinavian Enviro Systems AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr-0.39. Scandinavian Enviro Systems AB's Cyclically Adjusted Price-to-FCF of today is .


Scandinavian Enviro Systems AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Scandinavian Enviro Systems 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.

Scandinavian Enviro Systems AB Cyclically Adjusted FCF per Share Chart

Scandinavian Enviro Systems 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 - - - -0.49 -0.47

Scandinavian Enviro Systems 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 -0.48 -0.48 -0.48 -0.47 -0.39

Competitive Comparison of Scandinavian Enviro Systems AB's Cyclically Adjusted FCF per Share

For the Waste Management subindustry, Scandinavian Enviro Systems 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.


Scandinavian Enviro Systems AB's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Scandinavian Enviro Systems AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Scandinavian Enviro Systems 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, Scandinavian Enviro Systems 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)
=0.078/132.2054*132.2054
=0.078

Current CPI (Mar. 2024) = 132.2054.

Scandinavian Enviro Systems AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.500 100.432 -0.658
201409 -0.350 100.161 -0.462
201412 -0.196 100.225 -0.259
201503 -0.236 99.950 -0.312
201506 -0.161 99.995 -0.213
201509 -0.154 100.228 -0.203
201512 -0.090 100.276 -0.119
201603 -0.166 100.751 -0.218
201606 -0.160 101.019 -0.209
201609 -0.047 101.138 -0.061
201612 -0.082 102.022 -0.106
201703 -0.087 102.022 -0.113
201706 -0.052 102.752 -0.067
201709 -0.048 103.279 -0.061
201712 -0.037 103.793 -0.047
201803 -0.047 103.962 -0.060
201806 -0.066 104.875 -0.083
201809 -0.050 105.679 -0.063
201812 -0.041 105.912 -0.051
201903 -0.031 105.886 -0.039
201906 -0.033 106.742 -0.041
201909 -0.026 107.214 -0.032
201912 -0.028 107.766 -0.034
202003 -0.025 106.563 -0.031
202006 -0.021 107.498 -0.026
202009 -0.019 107.635 -0.023
202012 -0.023 108.296 -0.028
202103 -0.016 108.360 -0.020
202106 -0.027 108.928 -0.033
202109 -0.023 110.338 -0.028
202112 -0.025 112.486 -0.029
202203 -0.032 114.825 -0.037
202206 -0.039 118.384 -0.044
202209 -0.037 122.296 -0.040
202212 -0.040 126.365 -0.042
202303 -0.044 127.042 -0.046
202306 -0.036 129.407 -0.037
202309 -0.036 130.224 -0.037
202312 -0.015 131.912 -0.015
202403 0.078 132.205 0.078

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


Scandinavian Enviro Systems AB  (OSTO:SES) 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.


Scandinavian Enviro Systems AB Cyclically Adjusted FCF per Share Related Terms

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


Scandinavian Enviro Systems AB (OSTO:SES) Business Description

Traded in Other Exchanges
Address
Regnbagsgatan 8C, Goteborg, SWE, 417 55
Scandinavian Enviro Systems AB functions as a recycling company in Sweden. Its technology enables changing the chemical composition and the physical phase of the tire material during the process. The company operates Modular Recycling Facilities for recovering carbon black, oil, steel and gas from waste tires.