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SpareBank 1 SMN (SpareBank 1 SMN) Cyclically Adjusted FCF per Share : $-0.54 (As of Mar. 2024)


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What is SpareBank 1 SMN 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.

SpareBank 1 SMN's adjusted free cash flow per share for the three months ended in Mar. 2024 was $2.282. 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 $-0.54 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -44.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.20% 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 SpareBank 1 SMN was 36.50% per year. The lowest was -44.90% per year. And the median was 12.45% per year.

As of today (2024-06-19), SpareBank 1 SMN's current stock price is $16.50. SpareBank 1 SMN's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-0.54. SpareBank 1 SMN's Cyclically Adjusted Price-to-FCF of today is .


SpareBank 1 SMN Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SpareBank 1 SMN'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.

SpareBank 1 SMN Cyclically Adjusted FCF per Share Chart

SpareBank 1 SMN 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 -1.02 -0.11 -0.38 -1.18 -0.71

SpareBank 1 SMN 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 -0.80 -0.98 -0.59 -0.71 -0.54

Competitive Comparison of SpareBank 1 SMN's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, SpareBank 1 SMN'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.


SpareBank 1 SMN's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 SMN's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where SpareBank 1 SMN's Cyclically Adjusted Price-to-FCF falls into.



SpareBank 1 SMN 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, SpareBank 1 SMN'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)
=2.282/132.6000*132.6000
=2.282

Current CPI (Mar. 2024) = 132.6000.

SpareBank 1 SMN Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.120 97.500 0.163
201409 -1.428 98.500 -1.922
201412 1.806 98.600 2.429
201503 -2.242 99.200 -2.997
201506 2.069 100.100 2.741
201509 -2.884 100.600 -3.801
201512 0.824 100.900 1.083
201603 -2.193 102.500 -2.837
201606 -2.216 103.800 -2.831
201609 0.829 104.200 1.055
201612 0.483 104.400 0.613
201703 -2.297 105.000 -2.901
201706 1.410 105.800 1.767
201709 0.488 105.900 0.611
201712 -1.163 106.100 -1.453
201803 -0.849 107.300 -1.049
201806 -1.216 108.500 -1.486
201809 -1.481 109.500 -1.793
201812 -0.170 109.800 -0.205
201903 2.103 110.400 2.526
201906 3.885 110.600 4.658
201909 -3.791 111.100 -4.525
201912 1.634 111.300 1.947
202003 -0.946 111.200 -1.128
202006 1.618 112.100 1.914
202009 -0.380 112.900 -0.446
202012 4.495 112.900 5.279
202103 -6.865 114.600 -7.943
202106 4.415 115.300 5.077
202109 -0.379 117.500 -0.428
202112 1.046 118.900 1.167
202203 2.550 119.800 2.822
202206 0.620 122.600 0.671
202209 -8.088 125.600 -8.539
202212 -1.297 125.900 -1.366
202303 0.625 127.600 0.649
202306 -0.490 130.400 -0.498
202309 3.543 129.800 3.619
202312 -0.329 131.900 -0.331
202403 2.282 132.600 2.282

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


SpareBank 1 SMN  (OTCPK:SRMGF) 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.


SpareBank 1 SMN Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of SpareBank 1 SMN's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


SpareBank 1 SMN (SpareBank 1 SMN) Business Description

Industry
Traded in Other Exchanges
Address
Sondre gate 4, Trondheim, NOR, 7011
SpareBank 1 SMN is a regional bank offering retail and corporate banking services and principally operating in Norway. The bank is among the owners of the SpareBank 1 Alliance. A key element of the bank's is to maintain a variety of office solutions in municipal and administrative centers where the bank's customers are drawn. The bank is also making a push into digital banking channels via the Internet and mobile banking. The bank's credit is heavily exposed to the real estate, construction, sea farming, agriculture, fisheries, shipbuilding, offshore, and retail industries, as well as the public and energy sectors. The bank's income is split nearly evenly between net interest income and net fees and commission income.

SpareBank 1 SMN (SpareBank 1 SMN) Headlines

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