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Holmen AB (Holmen AB) Cyclically Adjusted Price-to-FCF : 19.81 (As of Jun. 11, 2024)


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

As of today (2024-06-11), Holmen AB's current share price is $41.20. Holmen AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.08. Holmen AB's Cyclically Adjusted Price-to-FCF for today is 19.81.

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

HLMMF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.86   Med: 23.08   Max: 41.19
Current: 18.79

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 23.08.

HLMMF's Cyclically Adjusted Price-to-FCF is ranked worse than
54.33% of 127 companies
in the Forest Products industry
Industry Median: 17.23 vs HLMMF: 18.79

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 Mar. 2024 was $0.286. 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 $2.08 for the trailing ten years ended in Mar. 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
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 20.23 18.10 19.52 18.72 19.27

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
=41.20/2.08
=19.81

* 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 Mar. 2024 is calculated as:

For example, Holmen 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)
=0.286/132.2054*132.2054
=0.286

Current CPI (Mar. 2024) = 132.2054.

Holmen AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.434 100.432 0.571
201409 0.618 100.161 0.816
201412 0.319 100.225 0.421
201503 0.359 99.950 0.475
201506 0.410 99.995 0.542
201509 0.467 100.228 0.616
201512 0.539 100.276 0.711
201603 0.381 100.751 0.500
201606 0.405 101.019 0.530
201609 0.386 101.138 0.505
201612 0.192 102.022 0.249
201703 0.465 102.022 0.603
201706 0.312 102.752 0.401
201709 0.353 103.279 0.452
201712 0.622 103.793 0.792
201803 0.376 103.962 0.478
201806 0.333 104.875 0.420
201809 0.353 105.679 0.442
201812 0.477 105.912 0.595
201903 0.169 105.886 0.211
201906 0.708 106.742 0.877
201909 0.531 107.214 0.655
201912 0.487 107.766 0.597
202003 0.379 106.563 0.470
202006 0.551 107.498 0.678
202009 0.439 107.635 0.539
202012 0.274 108.296 0.334
202103 0.433 108.360 0.528
202106 0.755 108.928 0.916
202109 0.718 110.338 0.860
202112 0.405 112.486 0.476
202203 0.897 114.825 1.033
202206 1.078 118.384 1.204
202209 0.586 122.296 0.633
202212 0.769 126.365 0.805
202303 1.272 127.042 1.324
202306 1.063 129.407 1.086
202309 0.267 130.224 0.271
202312 0.818 131.912 0.820
202403 0.286 132.205 0.286

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:HLMMF) 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 (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, construction industry, and packaging industry, among others. The vast majority of revenue comes from the company's paper and paperboard segments combined, and it earns majoroty of its revenue in Europe.

Holmen AB (Holmen AB) Headlines

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