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Grigeo AB (OVSE:GRG1L) Cyclically Adjusted FCF per Share : €0.08 (As of Dec. 2023)


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What is Grigeo 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.

Grigeo AB's adjusted free cash flow per share for the three months ended in Dec. 2023 was €0.047. 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 €0.08 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Grigeo AB's average Cyclically Adjusted FCF Growth Rate was 60.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 26.00% 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 Grigeo AB was 71.00% per year. The lowest was 26.00% per year. And the median was 48.50% per year.

As of today (2024-05-21), Grigeo AB's current stock price is €1.08. Grigeo AB's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.08. Grigeo AB's Cyclically Adjusted Price-to-FCF of today is 13.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Grigeo AB was 74.75. The lowest was 13.00. And the median was 17.56.


Grigeo AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Grigeo 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.

Grigeo AB Cyclically Adjusted FCF per Share Chart

Grigeo 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 0.01 0.04 0.04 0.05 0.08

Grigeo AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.05 0.05 0.06 0.07 0.08

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

For the Paper & Paper Products subindustry, Grigeo 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.


Grigeo AB's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Grigeo AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Grigeo 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, Grigeo AB's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.047/129.4194*129.4194
=0.047

Current CPI (Dec. 2023) = 129.4194.

Grigeo AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.027 99.695 -0.035
201406 -0.018 100.560 -0.023
201409 -0.015 100.428 -0.019
201412 0.009 99.070 0.012
201503 -0.005 99.621 -0.006
201506 0.003 100.684 0.004
201509 -0.002 100.392 -0.003
201512 -0.023 99.792 -0.030
201603 -0.005 100.470 -0.006
201606 -0.004 101.688 -0.005
201609 -0.058 101.861 -0.074
201612 -0.005 101.863 -0.006
201703 -0.006 102.862 -0.008
201706 0.028 103.349 0.035
201709 0.030 104.136 0.037
201712 0.040 104.011 0.050
201803 0.027 105.290 0.033
201806 0.033 106.317 0.040
201809 0.046 106.507 0.056
201812 0.044 105.998 0.054
201903 0.028 107.251 0.034
201906 0.022 108.070 0.026
201909 0.042 108.329 0.050
201912 0.024 108.420 0.029
202003 0.047 108.902 0.056
202006 0.013 108.767 0.015
202009 0.034 109.815 0.040
202012 0.048 109.897 0.057
202103 0.021 111.754 0.024
202106 0.022 114.631 0.025
202109 0.025 115.734 0.028
202112 0.001 117.630 0.001
202203 -0.013 121.301 -0.014
202206 0.021 125.017 0.022
202209 -0.008 125.227 -0.008
202212 0.039 125.222 0.040
202303 0.046 127.348 0.047
202306 0.077 128.729 0.077
202309 0.079 129.860 0.079
202312 0.047 129.419 0.047

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


Grigeo AB  (OVSE:GRG1L) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.08/0.08
=13.50

* 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 Grigeo AB was 74.75. The lowest was 13.00. And the median was 17.56.


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.


Grigeo AB Cyclically Adjusted FCF per Share Related Terms

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


Grigeo AB (OVSE:GRG1L) Business Description

Industry
Traded in Other Exchanges
Address
Vilniaus Street 10, Grigiskes, Vilniaus, LTU, LT-27101
Grigeo AB is a Lithuania-based company engaged in the paper and wood industry. It produces toilet paper, paper towels, paper napkins, corrugated cardboard, and products from corrugated cardboard. The company has three reportable segments: Paper & paper products, wood fibreboards & wood processing, and Raw material for corrugated cardboard & related products. The geographical segments are Lithuania, Poland, Latvia, Estonia, Ukraine, Finland, Denmark, Sweden, Belarus, Belarus, The Netherlands, and other countries.

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