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Scandinavian Enviro Systems AB (OSTO:SES) Cyclically Adjusted FCF per Share : kr-0.23 (As of Mar. 2025)


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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. 2025 was kr-0.043. 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-0.23 for the trailing ten years ended in Mar. 2025.

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 (2025-05-29), Scandinavian Enviro Systems AB's current stock price is kr0.789. Scandinavian Enviro Systems AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was kr-0.23. 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 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 - - - -0.45 -0.25

Scandinavian Enviro Systems AB 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 -0.37 -0.31 -0.27 -0.25 -0.23

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.


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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. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.043/132.8245*132.8245
=-0.043

Current CPI (Mar. 2025) = 132.8245.

Scandinavian Enviro Systems AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.157 99.995 -0.209
201509 -0.151 100.228 -0.200
201512 -0.088 100.276 -0.117
201603 -0.111 100.751 -0.146
201606 -0.108 101.019 -0.142
201609 -0.046 101.138 -0.060
201612 -0.081 102.022 -0.105
201703 -0.085 102.022 -0.111
201706 -0.050 102.752 -0.065
201709 -0.047 103.279 -0.060
201712 -0.036 103.793 -0.046
201803 -0.046 103.962 -0.059
201806 -0.065 104.875 -0.082
201809 -0.049 105.679 -0.062
201812 -0.040 105.912 -0.050
201903 -0.031 105.886 -0.039
201906 -0.032 106.742 -0.040
201909 -0.025 107.214 -0.031
201912 -0.027 107.766 -0.033
202003 -0.025 106.563 -0.031
202006 -0.020 107.498 -0.025
202009 -0.018 107.635 -0.022
202012 -0.023 108.296 -0.028
202103 -0.016 108.360 -0.020
202106 -0.026 108.928 -0.032
202109 -0.023 110.338 -0.028
202112 -0.025 112.486 -0.030
202203 -0.032 114.825 -0.037
202206 -0.038 118.384 -0.043
202209 -0.036 122.296 -0.039
202212 -0.039 126.365 -0.041
202303 -0.043 127.042 -0.045
202306 -0.035 129.407 -0.036
202309 -0.035 130.224 -0.036
202312 -0.034 131.912 -0.034
202403 0.076 132.205 0.076
202406 -0.031 132.716 -0.031
202409 -0.040 132.304 -0.040
202412 -0.042 132.987 -0.042
202503 -0.043 132.825 -0.043

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 Business Description

Traded in Other Exchanges
Address
Frihamnen 16B, Gothenburg, SWE, 417 70
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 recycling facilities for recovering carbon black, oil, steel, and gas from waste tires.