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SNS REAAL NV (LTS:0MAM) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is SNS REAAL NV Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


SNS REAAL NV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SNS REAAL NV'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.

SNS REAAL NV Cyclically Adjusted Price-to-FCF Chart

SNS REAAL NV Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Cyclically Adjusted Price-to-FCF
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SNS REAAL NV Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12
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Competitive Comparison of SNS REAAL NV's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, SNS REAAL NV'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.


SNS REAAL NV's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SNS REAAL NV's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where SNS REAAL NV's Cyclically Adjusted Price-to-FCF falls into.



SNS REAAL NV 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.

SNS REAAL NV's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec11 is calculated as:

For example, SNS REAAL NV's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec11 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec11 (Change)*Current CPI (Dec11)
=11.967/94.0400*94.0400
=11.967

Current CPI (Dec11) = 94.0400.

SNS REAAL NV Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200212 0.000 80.970 0.000
200312 0.000 82.340 0.000
200412 -13.479 83.250 -15.226
200512 -7.395 84.980 -8.183
200612 -21.384 85.790 -23.440
200712 19.503 87.390 20.987
200812 1.262 89.090 1.332
200912 9.327 90.080 9.737
201012 7.812 91.820 8.001
201112 11.967 94.040 11.967

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.


SNS REAAL NV  (LTS:0MAM) 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.


SNS REAAL NV Cyclically Adjusted Price-to-FCF Related Terms

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SNS REAAL NV (LTS:0MAM) Business Description

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