GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Danske Bank AS (OTCPK:DNSKF) » Definitions » Cyclically Adjusted Price-to-FCF

DNSKF (Danske Bank AS) Cyclically Adjusted Price-to-FCF : 31.53 (As of Jun. 03, 2025)


View and export this data going back to . Start your Free Trial

What is Danske Bank AS Cyclically Adjusted Price-to-FCF?

As of today (2025-06-03), Danske Bank AS's current share price is $35.00. Danske Bank AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $1.11. Danske Bank AS's Cyclically Adjusted Price-to-FCF for today is 31.53.

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

DNSKF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.59   Med: 8.79   Max: 37.04
Current: 37.04

During the past years, Danske Bank AS's highest Cyclically Adjusted Price-to-FCF was 37.04. The lowest was 4.59. And the median was 8.79.

DNSKF's Cyclically Adjusted Price-to-FCF is ranked worse than
94.5% of 891 companies
in the Banks industry
Industry Median: 8.66 vs DNSKF: 37.04

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.

Danske Bank AS's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $9.085. 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 $1.11 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Danske Bank AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Danske Bank AS'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.

Danske Bank AS Cyclically Adjusted Price-to-FCF Chart

Danske Bank AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.62 7.17 - 7.40 14.03

Danske Bank AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 9.24 8.72 8.16 14.03 32.12

Competitive Comparison of Danske Bank AS's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Danske Bank AS'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.


Danske Bank AS's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Danske Bank AS's Cyclically Adjusted Price-to-FCF falls into.


;
;

Danske Bank AS 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.

Danske Bank AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=35.00/1.11
=31.53

* 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.

Danske Bank AS's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Danske Bank AS's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=9.085/120.2000*120.2000
=9.085

Current CPI (Mar. 2025) = 120.2000.

Danske Bank AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 8.569 100.300 10.269
201509 -10.592 100.200 -12.706
201512 -9.018 99.800 -10.861
201603 4.343 100.200 5.210
201606 7.757 100.600 9.268
201609 12.635 100.200 15.157
201612 -3.746 100.300 -4.489
201703 16.151 101.200 19.183
201706 4.358 101.200 5.176
201709 -4.035 101.800 -4.764
201712 6.840 101.300 8.116
201803 -1.939 101.700 -2.292
201806 -9.853 102.300 -11.577
201809 -8.614 102.400 -10.111
201812 -5.674 102.100 -6.680
201903 -3.952 102.900 -4.616
201906 1.699 102.900 1.985
201909 -15.741 102.900 -18.387
201912 -4.216 102.900 -4.925
202003 10.244 103.300 11.920
202006 7.612 103.200 8.866
202009 -0.691 103.500 -0.802
202012 16.246 103.400 18.886
202103 -1.151 104.300 -1.326
202106 -4.651 105.000 -5.324
202109 -8.989 105.800 -10.212
202112 7.183 106.600 8.099
202203 -4.062 109.900 -4.443
202206 -1.635 113.600 -1.730
202209 1.514 116.400 1.563
202212 -14.333 115.900 -14.865
202303 17.094 117.300 17.517
202306 -0.975 116.400 -1.007
202309 13.513 117.400 13.835
202312 -6.389 116.700 -6.581
202403 -0.556 118.400 -0.564
202406 -0.521 118.500 -0.528
202409 -0.535 118.900 -0.541
202412 -14.287 118.900 -14.443
202503 9.085 120.200 9.085

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.


Danske Bank AS  (OTCPK:DNSKF) 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.


Danske Bank AS Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Danske Bank AS's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Danske Bank AS Business Description

Industry
Address
Bernstorffsgade 40, Copenhagen, DNK, DK-1577
Founded in 1871, Danske Bank's headquarters are in Copenhagen, Denmark. It is the largest Danish bank with a dominant market share of 24% in lending and 27% in deposits. It operates through 144 branches in Denmark, Finland, Sweden, Norway, and Northern Ireland.