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Industrivarden AB (Industrivarden AB) Cyclically Adjusted Price-to-FCF : 49.82 (As of Jun. 06, 2024)


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

As of today (2024-06-06), Industrivarden AB's current share price is $36.87. Industrivarden AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.74. Industrivarden AB's Cyclically Adjusted Price-to-FCF for today is 49.82.

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

IDTVF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.85   Med: 33.92   Max: 55.99
Current: 34.41

During the past years, Industrivarden AB's highest Cyclically Adjusted Price-to-FCF was 55.99. The lowest was 25.85. And the median was 33.92.

IDTVF's Cyclically Adjusted Price-to-FCF is ranked worse than
67.4% of 503 companies
in the Asset Management industry
Industry Median: 20.26 vs IDTVF: 34.41

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.

Industrivarden AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.753. 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 $0.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Industrivarden AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Industrivarden 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.

Industrivarden AB Cyclically Adjusted Price-to-FCF Chart

Industrivarden 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 35.98 44.93 38.99 28.21 32.32

Industrivarden 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 30.27 30.01 28.84 32.32 34.49

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

For the Asset Management subindustry, Industrivarden 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.


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

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

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



Industrivarden 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=36.87/0.74
=49.82

* 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.

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

For example, Industrivarden 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)
=0.753/132.2054*132.2054
=0.753

Current CPI (Mar. 2024) = 132.2054.

Industrivarden AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.598 100.432 0.787
201409 -0.017 100.161 -0.022
201412 -0.053 100.225 -0.070
201503 0.287 99.950 0.380
201506 0.526 99.995 0.695
201509 -0.048 100.228 -0.063
201512 -0.006 100.276 -0.008
201603 0.271 100.751 0.356
201606 0.513 101.019 0.671
201609 -0.010 101.138 -0.013
201612 -0.016 102.022 -0.021
201703 0.257 102.022 0.333
201706 0.441 102.752 0.567
201709 -0.008 103.279 -0.010
201712 -0.011 103.793 -0.014
201803 0.452 103.962 0.575
201806 0.535 104.875 0.674
201809 -0.008 105.679 -0.010
201812 -0.036 105.912 -0.045
201903 0.012 105.886 0.015
201906 0.960 106.742 1.189
201909 -0.017 107.214 -0.021
201912 -0.008 107.766 -0.010
202003 -0.009 106.563 -0.011
202006 0.002 107.498 0.002
202009 -0.008 107.635 -0.010
202012 0.133 108.296 0.162
202103 0.221 108.360 0.270
202106 1.248 108.928 1.515
202109 0.425 110.338 0.509
202112 0.012 112.486 0.014
202203 0.374 114.825 0.431
202206 0.846 118.384 0.945
202209 -0.008 122.296 -0.009
202212 0.014 126.365 0.015
202303 0.364 127.042 0.379
202306 0.963 129.407 0.984
202309 -0.016 130.224 -0.016
202312 0.002 131.912 0.002
202403 0.753 132.205 0.753

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.


Industrivarden AB  (OTCPK:IDTVF) 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.


Industrivarden AB Cyclically Adjusted Price-to-FCF Related Terms

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Industrivarden AB (Industrivarden AB) Business Description

Address
Storgatan 10, Stockholm, SWE, 114 51
Industrivarden AB is an asset management firm with a long-term, activist orientation. The company's stated investment goal is to increase net asset value and generate returns in excess of the market cost of capital. Industrivarden makes investments in Nordic companies it can influence through corporate governance actions. It benchmarks its performance relative to the average return of the Stockholm Stock Exchange. The firm counts many public and private pension managers, foundations, and retail investors as its client base. Its security selection criteria emphasize enduring business models with promising growth prospects at an attractive valuation.

Industrivarden AB (Industrivarden AB) Headlines

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