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HLHLY (Holmen AB) Cyclically Adjusted Price-to-FCF : 18.17 (As of Sep. 26, 2024)


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

As of today (2024-09-26), Holmen AB's current share price is $10.90. Holmen AB's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was $0.60. Holmen AB's Cyclically Adjusted Price-to-FCF for today is 18.17.

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

HLHLY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.86   Med: 22.38   Max: 41.19
Current: 18.4

During the past years, Holmen AB's highest Cyclically Adjusted Price-to-FCF was 41.19. The lowest was 15.86. And the median was 22.38.

HLHLY's Cyclically Adjusted Price-to-FCF is ranked worse than
55.36% of 112 companies
in the Forest Products industry
Industry Median: 16.9 vs HLHLY: 18.40

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.

Holmen AB's adjusted free cash flow per share data for the three months ended in Jun. 2024 was $0.314. 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 $0.60 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Holmen AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Holmen 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.

Holmen AB Cyclically Adjusted Price-to-FCF Chart

Holmen 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 24.99 30.81 28.22 21.54 18.72

Holmen AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 18.10 19.52 18.72 19.27 18.10

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

For the Paper & Paper Products subindustry, Holmen 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.


Holmen AB's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Holmen AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Holmen 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.90/0.6
=18.17

* 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.

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

For example, Holmen AB's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.314/132.7160*132.7160
=0.314

Current CPI (Jun. 2024) = 132.7160.

Holmen AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.309 100.161 0.409
201412 0.160 100.225 0.212
201503 0.179 99.950 0.238
201506 0.205 99.995 0.272
201509 0.233 100.228 0.309
201512 0.270 100.276 0.357
201603 0.190 100.751 0.250
201606 0.202 101.019 0.265
201609 0.193 101.138 0.253
201612 0.096 102.022 0.125
201703 0.232 102.022 0.302
201706 0.156 102.752 0.201
201709 0.177 103.279 0.227
201712 0.311 103.793 0.398
201803 0.188 103.962 0.240
201806 0.167 104.875 0.211
201809 0.177 105.679 0.222
201812 0.239 105.912 0.299
201903 0.085 105.886 0.107
201906 0.354 106.742 0.440
201909 0.265 107.214 0.328
201912 0.243 107.766 0.299
202003 0.190 106.563 0.237
202006 0.275 107.498 0.340
202009 0.220 107.635 0.271
202012 0.137 108.296 0.168
202103 0.217 108.360 0.266
202106 0.377 108.928 0.459
202109 0.359 110.338 0.432
202112 0.203 112.486 0.240
202203 0.448 114.825 0.518
202206 0.539 118.384 0.604
202209 0.293 122.296 0.318
202212 0.384 126.365 0.403
202303 0.636 127.042 0.664
202306 0.532 129.407 0.546
202309 0.134 130.224 0.137
202312 0.409 131.912 0.411
202403 0.143 132.205 0.144
202406 0.314 132.716 0.314

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.


Holmen AB  (OTCPK:HLHLY) 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.


Holmen AB Cyclically Adjusted Price-to-FCF Related Terms

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


Holmen AB Business Description

Industry
Address
Strandvagen 1, P.O. Box 5407, Stockholm, SWE, SE-114 84
Holmen AB produces and sells timber, wood products, a variety of paper products, and electricity generated through renewable energy sources. The company organizes itself into five segments based on product type: Forest, Paperboard, Paper, Wood Products, and Renewable Energy. The company's product portfolio includes logs, biofuel, paperboard for consumer packaging, paper for books, construction timber, and renewable energy from hydro and wind power. The company's customer segment is composed of printing firms, sawmills, pulp mills, paper mills, the construction industry, and the packaging industry, among others. The vast majority of revenue comes from the company's paper and paperboard segments combined, and it earns the majority of its revenue in Europe.

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