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Axfood AB (Axfood AB) Cyclically Adjusted Price-to-FCF : 21.02 (As of May. 15, 2024)


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What is Axfood AB Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Axfood AB's current share price is $25.22. Axfood AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.20. Axfood AB's Cyclically Adjusted Price-to-FCF for today is 21.02.

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

AXFOY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.98   Med: 21.5   Max: 27.75
Current: 19.98

During the past years, Axfood AB's highest Cyclically Adjusted Price-to-FCF was 27.75. The lowest was 16.98. And the median was 21.50.

AXFOY's Cyclically Adjusted Price-to-FCF is ranked worse than
61.29% of 124 companies
in the Retail - Defensive industry
Industry Median: 15.52 vs AXFOY: 19.98

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.

Axfood AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.594. 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 $1.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axfood AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Axfood AB'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.

Axfood AB Cyclically Adjusted Price-to-FCF Chart

Axfood AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.01 19.38 22.91 21.75 18.92

Axfood AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 19.66 16.98 18.06 18.92 21.04

Competitive Comparison of Axfood AB's Cyclically Adjusted Price-to-FCF

For the Grocery Stores subindustry, Axfood 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.


Axfood AB's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Axfood AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Axfood AB 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.

Axfood AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=25.22/1.2
=21.02

* 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.

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

For example, Axfood AB'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)
=0.594/130.9575*130.9575
=0.594

Current CPI (Mar. 2024) = 130.9575.

Axfood AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.216 100.432 0.282
201409 0.377 100.161 0.493
201412 0.459 100.225 0.600
201503 0.286 99.950 0.375
201506 0.358 99.995 0.469
201509 0.366 100.228 0.478
201512 0.392 100.276 0.512
201603 0.157 100.751 0.204
201606 0.275 101.019 0.356
201609 0.245 101.138 0.317
201612 0.262 102.022 0.336
201703 -0.061 102.022 -0.078
201706 0.504 102.752 0.642
201709 0.246 103.279 0.312
201712 0.306 103.793 0.386
201803 0.270 103.962 0.340
201806 0.153 104.875 0.191
201809 0.305 105.679 0.378
201812 0.277 105.912 0.343
201903 0.241 105.886 0.298
201906 0.418 106.742 0.513
201909 0.224 107.214 0.274
201912 0.154 107.766 0.187
202003 0.510 106.563 0.627
202006 0.324 107.498 0.395
202009 0.506 107.635 0.616
202012 0.662 108.296 0.801
202103 0.462 108.360 0.558
202106 0.460 108.928 0.553
202109 0.241 110.338 0.286
202112 0.352 112.486 0.410
202203 0.447 114.825 0.510
202206 0.122 118.384 0.135
202209 0.513 122.296 0.549
202212 0.427 126.365 0.443
202303 -0.031 127.042 -0.032
202306 0.481 129.407 0.487
202309 0.464 130.224 0.467
202312 0.760 130.958 0.760
202403 0.594 130.958 0.594

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.


Axfood AB  (OTCPK:AXFOY) 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.


Axfood AB Cyclically Adjusted Price-to-FCF Related Terms

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Axfood AB (Axfood AB) Business Description

Traded in Other Exchanges
Address
Solnavagen 4, Stockholm, SWE, 113 65
Axfood AB operates food retail and wholesale businesses in Sweden. Its operating segments include Willys, Hemkop, Dagab, and Snabbgross. The Willys segment operates two discount grocery chains: Willys and Eurocash. Willys is Sweden's primary discount market chain, while Eurocash serves mainly the Norwegian-Swedish border. Hemkop offers a wide range of fresh products for meal solutions. Dagab is engaged in the wholesale purchasing and logistics business. Narlivs operates within this segment as a wholesaler serving independent grocers and convenience retailers. This segment contributes to the majority of the company's revenue. Snabbgross is a restaurant wholesaler, catering primarily to cafes, fast-food establishments, and high-end restaurants.

Axfood AB (Axfood AB) Headlines

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