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ZIF Invest Nova Fond a.d (XBLB:INVP-R-A) Cyclically Adjusted FCF per Share : BAM0.00 (As of Mar. 2019)


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What is ZIF Invest Nova Fond a.d Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

ZIF Invest Nova Fond a.d's adjusted free cash flow per share data for the fiscal year that ended in Dec. 2018 was BAM0.001. 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 BAM0.00 for the trailing ten years ended in Dec. 2018.

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 (2025-07-24), ZIF Invest Nova Fond a.d's current stock price is BAM 0.00. ZIF Invest Nova Fond a.d's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2018 was BAM0.00. ZIF Invest Nova Fond a.d's Cyclically Adjusted Price-to-FCF of today is .


ZIF Invest Nova Fond a.d Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ZIF Invest Nova Fond a.d'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.

ZIF Invest Nova Fond a.d Cyclically Adjusted FCF per Share Chart

ZIF Invest Nova Fond a.d Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted FCF per Share
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ZIF Invest Nova Fond a.d Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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Competitive Comparison of ZIF Invest Nova Fond a.d's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, ZIF Invest Nova Fond a.d'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.


ZIF Invest Nova Fond a.d's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ZIF Invest Nova Fond a.d's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where ZIF Invest Nova Fond a.d's Cyclically Adjusted Price-to-FCF falls into.


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ZIF Invest Nova Fond a.d 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, ZIF Invest Nova Fond a.d's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec. 2018 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2018 (Change)*Current CPI (Dec. 2018)
=0.001/105.9979*105.9979
=0.001

Current CPI (Dec. 2018) = 105.9979.

ZIF Invest Nova Fond a.d Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200912 0.000 91.111 0.000
201012 0.002 92.474 0.002
201112 0.001 95.213 0.001
201212 -0.001 96.871 -0.001
201312 0.002 98.326 0.002
201412 -0.003 99.070 -0.003
201512 0.001 99.792 0.001
201612 0.000 101.863 0.000
201712 0.000 104.011 0.000
201812 0.001 105.998 0.001

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


ZIF Invest Nova Fond a.d  (XBLB:INVP-R-A) 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.


ZIF Invest Nova Fond a.d Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of ZIF Invest Nova Fond a.d's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


ZIF Invest Nova Fond a.d Business Description

Traded in Other Exchanges
N/A
Address
Street Gavrilo Princip 11, Bijeljina, BIH, 76300
ZIF Invest Nova Fond a.d is a closed end investment fund.

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