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Atea ASA (Atea ASA) Cyclically Adjusted Price-to-FCF : 15.43 (As of Jun. 10, 2024)


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What is Atea ASA Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Atea ASA's current share price is $12.50. Atea ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.81. Atea ASA's Cyclically Adjusted Price-to-FCF for today is 15.43.

The historical rank and industry rank for Atea ASA's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ATAZF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.2   Med: 14.23   Max: 20.12
Current: 17.8

During the past years, Atea ASA's highest Cyclically Adjusted Price-to-FCF was 20.12. The lowest was 8.20. And the median was 14.23.

ATAZF's Cyclically Adjusted Price-to-FCF is ranked better than
69.4% of 683 companies
in the Software industry
Industry Median: 28.4 vs ATAZF: 17.80

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.

Atea ASA's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.827. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atea ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Atea ASA's Cyclically Adjusted Price-to-FCF 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.

Atea ASA Cyclically Adjusted Price-to-FCF Chart

Atea ASA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.60 14.48 13.00 17.95 12.02

Atea ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Cyclically Adjusted Price-to-FCF 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 12.02 12.64 14.97 13.03 15.46

Competitive Comparison of Atea ASA's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Atea ASA'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.


Atea ASA's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Atea ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Atea ASA Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Atea ASA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.50/0.81
=15.43

* 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.

Atea ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Atea ASA'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)
=-0.827/132.6000*132.6000
=-0.827

Current CPI (Mar. 2024) = 132.6000.

Atea ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.332 97.300 -0.452
201406 0.598 97.500 0.813
201409 -0.230 98.500 -0.310
201412 0.933 98.600 1.255
201503 -0.014 99.200 -0.019
201506 -0.199 100.100 -0.264
201509 -0.205 100.600 -0.270
201512 1.431 100.900 1.881
201603 -0.562 102.500 -0.727
201606 -0.173 103.800 -0.221
201609 0.070 104.200 0.089
201612 1.832 104.400 2.327
201703 -0.411 105.000 -0.519
201706 -0.494 105.800 -0.619
201709 0.157 105.900 0.197
201712 1.836 106.100 2.295
201803 -1.091 107.300 -1.348
201806 -0.418 108.500 -0.511
201809 -0.302 109.500 -0.366
201812 2.296 109.800 2.773
201903 -0.605 110.400 -0.727
201906 0.834 110.600 1.000
201909 -0.506 111.100 -0.604
201912 1.810 111.300 2.156
202003 -1.068 111.200 -1.274
202006 0.905 112.100 1.070
202009 -0.072 112.900 -0.085
202012 1.531 112.900 1.798
202103 -0.744 114.600 -0.861
202106 0.532 115.300 0.612
202109 -0.584 117.500 -0.659
202112 1.502 118.900 1.675
202203 -0.766 119.800 -0.848
202206 -0.630 122.600 -0.681
202209 0.491 125.600 0.518
202212 1.392 125.900 1.466
202303 0.112 127.600 0.116
202306 0.192 130.400 0.195
202309 -0.284 129.800 -0.290
202403 -0.827 132.600 -0.827

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


Atea ASA  (OTCPK:ATAZF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Atea ASA Cyclically Adjusted Price-to-FCF Related Terms

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Atea ASA (Atea ASA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Atea ASA (OTCPK:ATAZF) » Definitions » Cyclically Adjusted Price-to-FCF
Address
Karvesvingen 5, P.O. Box 6472, Etterstad, Oslo, NOR, NO-0605
Atea ASA is a Norway-based company that provides IT infrastructure and system integration services to customers. The company's product and services portfolio includes the sale of products such as third-party hardware and software, mobile device management and security software, and maintenance and operation of IT infrastructure services for companies, among others. The company operations are divided into six business segments based on geographical areas and services: Norway, Sweden, Denmark, Finland, The Baltics, and Shared Services. The firm generates most of its revenue in Sweden.

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