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Harboes Bryggeri AS (OCSE:HARB B) Cyclically Adjusted Price-to-FCF : 43.86 (As of Jul. 05, 2025)


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What is Harboes Bryggeri AS Cyclically Adjusted Price-to-FCF?

As of today (2025-07-05), Harboes Bryggeri AS's current share price is kr134.20. Harboes Bryggeri AS's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2025 was kr3.06. Harboes Bryggeri AS's Cyclically Adjusted Price-to-FCF for today is 43.86.

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

OCSE:HARB B' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.84   Med: 36.34   Max: 215.56
Current: 43.81

During the past years, Harboes Bryggeri AS's highest Cyclically Adjusted Price-to-FCF was 215.56. The lowest was 10.84. And the median was 36.34.

OCSE:HARB B's Cyclically Adjusted Price-to-FCF is ranked worse than
79.46% of 112 companies
in the Beverages - Alcoholic industry
Industry Median: 21.125 vs OCSE:HARB B: 43.81

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.

Harboes Bryggeri AS's adjusted free cash flow per share data for the three months ended in Apr. 2025 was kr13.597. 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 kr3.06 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Harboes Bryggeri AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Harboes Bryggeri 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.

Harboes Bryggeri AS Cyclically Adjusted Price-to-FCF Chart

Harboes Bryggeri AS Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 23.75 55.12 37.73 47.12

Harboes Bryggeri AS Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 37.73 62.44 38.12 158.66 47.12

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

For the Beverages - Brewers subindustry, Harboes Bryggeri 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.


Harboes Bryggeri AS's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Harboes Bryggeri AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Harboes Bryggeri 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=134.20/3.06
=43.86

* 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.

Harboes Bryggeri AS's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2025 is calculated as:

For example, Harboes Bryggeri AS's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=13.597/120.3000*120.3000
=13.597

Current CPI (Apr. 2025) = 120.3000.

Harboes Bryggeri AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201304 7.834 99.100 9.510
201307 3.393 98.800 4.131
201310 0.836 99.300 1.013
201401 -2.463 98.900 -2.996
201404 -1.982 99.800 -2.389
201407 -5.246 99.500 -6.343
201410 5.889 99.800 7.099
201501 10.039 98.800 12.224
201504 1.456 100.300 1.746
201507 -2.640 100.200 -3.170
201510 15.000 100.100 18.027
201604 0.000 100.300 0.000
201610 0.000 100.400 0.000
201704 0.000 101.400 0.000
201710 0.000 101.900 0.000
201804 0.000 102.200 0.000
201810 0.000 102.700 0.000
201904 0.000 103.200 0.000
201910 0.000 103.300 0.000
202004 0.000 103.200 0.000
202007 -16.210 104.000 -18.751
202010 20.800 103.700 24.130
202101 -6.746 103.600 -7.833
202104 -3.778 104.700 -4.341
202107 2.946 105.700 3.353
202110 -8.081 106.800 -9.102
202201 5.731 108.100 6.378
202204 11.133 111.700 11.990
202207 -10.688 114.900 -11.190
202210 -9.167 117.600 -9.377
202301 4.120 116.400 4.258
202304 -12.765 117.600 -13.058
202307 19.809 118.500 20.110
202310 7.100 117.700 7.257
202401 9.545 117.800 9.748
202404 -21.222 118.500 -21.544
202407 3.587 119.800 3.602
202410 -2.633 119.600 -2.648
202501 -21.560 119.600 -21.686
202504 13.597 120.300 13.597

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.


Harboes Bryggeri AS  (OCSE:HARB B) 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.


Harboes Bryggeri AS Cyclically Adjusted Price-to-FCF Related Terms

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


Harboes Bryggeri AS Business Description

Traded in Other Exchanges
Address
Spegerborgvej 34, Skaelskor, DNK, 4230
Harboes Bryggeri AS is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.

Harboes Bryggeri AS Headlines

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