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Saab AB (FRA:SDV1) Cyclically Adjusted Price-to-FCF : 237.00 (As of Jun. 16, 2024)


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

As of today (2024-06-16), Saab AB's current share price is €21.33. Saab AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.09. Saab AB's Cyclically Adjusted Price-to-FCF for today is 237.00.

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

FRA:SDV1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 72.9   Med: 172.63   Max: 540.39
Current: 245.47

During the past years, Saab AB's highest Cyclically Adjusted Price-to-FCF was 540.39. The lowest was 72.90. And the median was 172.63.

FRA:SDV1's Cyclically Adjusted Price-to-FCF is ranked worse than
90.65% of 107 companies
in the Aerospace & Defense industry
Industry Median: 35.35 vs FRA:SDV1: 245.47

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.

Saab AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.362. 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 €0.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saab AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Saab 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.

Saab AB Cyclically Adjusted Price-to-FCF Chart

Saab 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 429.72 - - 277.49 117.22

Saab 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 155.25 161.20 183.36 117.22 242.41

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

For the Aerospace & Defense subindustry, Saab 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.


Saab AB's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Saab AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Saab 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=21.33/0.09
=237.00

* 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.

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

For example, Saab 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)
=-0.362/132.2054*132.2054
=-0.362

Current CPI (Mar. 2024) = 132.2054.

Saab AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.257 100.432 -0.338
201409 -0.244 100.161 -0.322
201412 0.176 100.225 0.232
201503 -0.220 99.950 -0.291
201506 -0.265 99.995 -0.350
201509 0.111 100.228 0.146
201512 0.130 100.276 0.171
201603 0.703 100.751 0.922
201606 0.231 101.019 0.302
201609 -0.510 101.138 -0.667
201612 0.158 102.022 0.205
201703 0.203 102.022 0.263
201706 -0.319 102.752 -0.410
201709 -0.091 103.279 -0.116
201712 0.422 103.793 0.538
201803 -0.508 103.962 -0.646
201806 -0.177 104.875 -0.223
201809 -0.516 105.679 -0.646
201812 0.502 105.912 0.627
201903 -0.355 105.886 -0.443
201906 -0.161 106.742 -0.199
201909 -0.309 107.214 -0.381
201912 0.548 107.766 0.672
202003 -0.278 106.563 -0.345
202006 0.325 107.498 0.400
202009 -0.067 107.635 -0.082
202012 0.564 108.296 0.689
202103 -0.028 108.360 -0.034
202106 0.580 108.928 0.704
202109 -0.239 110.338 -0.286
202112 0.275 112.486 0.323
202203 -0.044 114.825 -0.051
202206 0.068 118.384 0.076
202209 0.104 122.296 0.112
202212 0.272 126.365 0.285
202303 0.496 127.042 0.516
202306 -0.240 129.407 -0.245
202309 -0.341 130.224 -0.346
202312 0.601 131.912 0.602
202403 -0.362 132.205 -0.362

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.


Saab AB  (FRA:SDV1) 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.


Saab AB Cyclically Adjusted Price-to-FCF Related Terms

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


Saab AB (FRA:SDV1) Business Description

Industry
Address
Olof Palmes gata 17, 5th Floor, Stockholm, SWE, SE-111 22
Saab AB supplies products and services for military, defense, and civil security. The company operates within six segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. Aeronautics involves the manufacturing of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. The Surveillance segment supplies security services. Support and Services offers solutions related to civil and military missions. IPS creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three quarters of its sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.

Saab AB (FRA:SDV1) Headlines

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