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DFDS AS (LTS:0RB3) Cyclically Adjusted Price-to-FCF : 7.20 (As of Sep. 25, 2024)


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What is DFDS AS Cyclically Adjusted Price-to-FCF?

As of today (2024-09-25), DFDS AS's current share price is kr171.25. DFDS AS's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was kr23.77. DFDS AS's Cyclically Adjusted Price-to-FCF for today is 7.20.

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

LTS:0RB3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.23   Med: 19.87   Max: 40.68
Current: 7.23

During the past years, DFDS AS's highest Cyclically Adjusted Price-to-FCF was 40.68. The lowest was 7.23. And the median was 19.87.

LTS:0RB3's Cyclically Adjusted Price-to-FCF is ranked better than
79.08% of 411 companies
in the Transportation industry
Industry Median: 15.87 vs LTS:0RB3: 7.23

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.

DFDS AS's adjusted free cash flow per share data for the three months ended in Jun. 2024 was kr17.758. 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 kr23.77 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DFDS AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for DFDS AS'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.

DFDS AS Cyclically Adjusted Price-to-FCF Chart

DFDS AS 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 24.52 20.99 22.32 13.45 10.11

DFDS AS 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 11.76 10.64 10.11 8.98 8.28

Competitive Comparison of DFDS AS's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, DFDS AS'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.


DFDS AS's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, DFDS AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



DFDS AS 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.

DFDS AS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=171.25/23.77
=7.20

* 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.

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

For example, DFDS AS'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)
=17.758/118.5000*118.5000
=17.758

Current CPI (Jun. 2024) = 118.5000.

DFDS AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 3.392 99.700 4.032
201412 -1.385 99.400 -1.651
201503 1.206 100.200 1.426
201506 7.235 100.300 8.548
201509 10.079 100.200 11.920
201512 4.952 99.800 5.880
201603 1.288 100.200 1.523
201606 4.940 100.600 5.819
201609 11.341 100.200 13.412
201612 5.741 100.300 6.783
201703 2.857 101.200 3.345
201706 -3.988 101.200 -4.670
201709 11.795 101.800 13.730
201712 8.301 101.300 9.710
201803 2.925 101.700 3.408
201806 8.413 102.300 9.745
201809 9.286 102.400 10.746
201812 -2.527 102.100 -2.933
201903 -3.449 102.900 -3.972
201906 3.278 102.900 3.775
201909 5.419 102.900 6.241
201912 0.748 102.900 0.861
202003 -4.524 103.300 -5.190
202006 3.164 103.200 3.633
202009 7.010 103.500 8.026
202012 8.616 103.400 9.874
202103 1.494 104.300 1.697
202106 12.552 105.000 14.166
202109 15.763 105.800 17.655
202112 -2.342 106.600 -2.603
202203 -4.042 109.900 -4.358
202206 16.218 113.600 16.918
202209 8.182 116.400 8.330
202212 8.297 115.900 8.483
202303 7.189 117.300 7.263
202306 13.749 116.400 13.997
202309 12.898 117.400 13.019
202312 3.264 116.700 3.314
202403 -1.976 118.400 -1.978
202406 17.758 118.500 17.758

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.


DFDS AS  (LTS:0RB3) 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.


DFDS AS Cyclically Adjusted Price-to-FCF Related Terms

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


DFDS AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » DFDS AS (LTS:0RB3) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Marmorvej 18, Copenhagen, DNK, DK-2100
DFDS A/S is a transportation and logistics company domiciled in Denmark. The two main divisions are the ferry division and the logistics division. The ferry division operates ferry routes around Europe transporting freight, passenger, and passenger cruise ferries. The logistics division provides transport solutions for full and part loads as well as contracts logistics solutions, including warehousing. Its main customers include manufacturers of industrial goods. The company generates the most revenue from the ferry division. It has a presence in geographical markets such as the North Sea, Baltic Sea, English Channel, Mediterranean, continental Europe, Nordic nations, and United Kingdom/Ireland.

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