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Investment AB Latour (FRA:18LB) Cyclically Adjusted Price-to-FCF : 95.26 (As of Jun. 20, 2024)


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What is Investment AB Latour Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), Investment AB Latour's current share price is €25.72. Investment AB Latour's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.27. Investment AB Latour's Cyclically Adjusted Price-to-FCF for today is 95.26.

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

FRA:18LB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 68.93   Med: 103.36   Max: 196.92
Current: 95.08

During the past years, Investment AB Latour's highest Cyclically Adjusted Price-to-FCF was 196.92. The lowest was 68.93. And the median was 103.36.

FRA:18LB's Cyclically Adjusted Price-to-FCF is ranked worse than
86.73% of 505 companies
in the Asset Management industry
Industry Median: 20 vs FRA:18LB: 95.08

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.

Investment AB Latour's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.087. 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 €0.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Investment AB Latour Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Investment AB Latour'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.

Investment AB Latour Cyclically Adjusted Price-to-FCF Chart

Investment AB Latour 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 110.84 121.18 192.04 88.18 89.39

Investment AB Latour 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 90.02 85.38 71.34 89.39 92.36

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

For the Asset Management subindustry, Investment AB Latour'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.


Investment AB Latour's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Investment AB Latour's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Investment AB Latour 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=25.72/0.27
=95.26

* 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.

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

For example, Investment AB Latour'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)
=0.087/132.2054*132.2054
=0.087

Current CPI (Mar. 2024) = 132.2054.

Investment AB Latour Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.030 100.432 0.039
201409 0.020 100.161 0.026
201412 0.042 100.225 0.055
201503 0.012 99.950 0.016
201506 0.019 99.995 0.025
201509 0.031 100.228 0.041
201512 0.062 100.276 0.082
201603 0.009 100.751 0.012
201606 0.029 101.019 0.038
201609 0.025 101.138 0.033
201612 0.070 102.022 0.091
201703 0.023 102.022 0.030
201706 0.025 102.752 0.032
201709 0.030 103.279 0.038
201712 0.070 103.793 0.089
201803 -0.003 103.962 -0.004
201806 0.019 104.875 0.024
201809 0.067 105.679 0.084
201812 0.085 105.912 0.106
201903 0.030 105.886 0.037
201906 0.066 106.742 0.082
201909 0.068 107.214 0.084
201912 0.103 107.766 0.126
202003 0.013 106.563 0.016
202006 0.107 107.498 0.132
202009 0.083 107.635 0.102
202012 0.149 108.296 0.182
202103 0.036 108.360 0.044
202106 0.081 108.928 0.098
202109 0.050 110.338 0.060
202112 0.105 112.486 0.123
202203 -0.021 114.825 -0.024
202206 0.033 118.384 0.037
202209 0.055 122.296 0.059
202212 0.160 126.365 0.167
202303 0.097 127.042 0.101
202306 0.138 129.407 0.141
202309 0.168 130.224 0.171
202312 0.223 131.912 0.223
202403 0.087 132.205 0.087

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.


Investment AB Latour  (FRA:18LB) 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.


Investment AB Latour Cyclically Adjusted Price-to-FCF Related Terms

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


Investment AB Latour (FRA:18LB) Business Description

Traded in Other Exchanges
Address
J A Wettergrens Gata 7, P.O. Box 336, Gothenburg, SWE, 401 25
Investment AB Latour is an investment holding company that makes investments in wholly owned industrial operations and a portfolio of securities. Latour has a long-term and activist orientation, with the vast majority of its total net asset value deriving from companies that have been in its portfolio for more than 20 years. The company measures its performance against its benchmark, the Stockholm Stock Exchange's total return index. Its criterion is to invest in companies that have their own products that meet growing international demand. Latour specifically evaluates four trends: demographic development, sustainability, globalization, and competition for limited resources.

Investment AB Latour (FRA:18LB) Headlines

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