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Atea ASA (FRA:MKL) Cyclically Adjusted Price-to-FCF : 13.59 (As of Jun. 05, 2025)


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

As of today (2025-06-05), Atea ASA's current share price is €12.64. Atea ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €0.93. Atea ASA's Cyclically Adjusted Price-to-FCF for today is 13.59.

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

FRA:MKL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.2   Med: 14.2   Max: 20.12
Current: 13.92

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 14.20.

FRA:MKL's Cyclically Adjusted Price-to-FCF is ranked better than
75.46% of 701 companies
in the Software industry
Industry Median: 30.01 vs FRA:MKL: 13.92

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. 2025 was €-0.758. 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 €0.93 for the trailing ten years ended in Mar. 2025.

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 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 13.00 17.95 12.02 12.21 12.55

Atea ASA 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 12.93 15.12 13.20 12.55 12.32

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.


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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
=12.64/0.93
=13.59

* 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. 2025 is calculated as:

For example, Atea ASA'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)
=-0.758/136.1000*136.1000
=-0.758

Current CPI (Mar. 2025) = 136.1000.

Atea ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.177 100.100 -0.241
201509 -0.182 100.600 -0.246
201512 1.314 100.900 1.772
201603 -0.505 102.500 -0.671
201606 -0.154 103.800 -0.202
201609 0.062 104.200 0.081
201612 1.737 104.400 2.264
201703 -0.384 105.000 -0.498
201706 -0.440 105.800 -0.566
201709 0.132 105.900 0.170
201712 1.552 106.100 1.991
201803 -0.885 107.300 -1.123
201806 -0.358 108.500 -0.449
201809 -0.259 109.500 -0.322
201812 2.018 109.800 2.501
201903 -0.535 110.400 -0.660
201906 0.738 110.600 0.908
201909 -0.459 111.100 -0.562
201912 1.629 111.300 1.992
202003 -0.966 111.200 -1.182
202006 0.804 112.100 0.976
202009 -0.061 112.900 -0.074
202012 1.259 112.900 1.518
202103 -0.625 114.600 -0.742
202106 0.441 115.300 0.521
202109 -0.496 117.500 -0.575
202112 1.329 118.900 1.521
202203 -0.695 119.800 -0.790
202206 -0.596 122.600 -0.662
202209 0.496 125.600 0.537
202212 1.314 125.900 1.420
202303 0.105 127.600 0.112
202306 0.177 130.400 0.185
202309 -0.266 129.800 -0.279
202312 1.183 131.900 1.221
202403 -0.761 132.600 -0.781
202406 0.428 133.800 0.435
202409 0.017 133.700 0.017
202412 1.515 134.800 1.530
202503 -0.758 136.100 -0.758

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  (FRA:MKL) 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 Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Atea ASA (FRA:MKL) » 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 the majority of its revenue in Sweden.