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Arion banki hf (OISE:ARION) Cyclically Adjusted Price-to-FCF : 15.61 (As of Jun. 19, 2024)


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What is Arion banki hf Cyclically Adjusted Price-to-FCF?

As of today (2024-06-19), Arion banki hf's current share price is kr130.00. Arion banki hf's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was kr8.33. Arion banki hf's Cyclically Adjusted Price-to-FCF for today is 15.61.

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

OISE:ARION' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.72   Med: 18.61   Max: 19.03
Current: 15.72

During the past 10 years, Arion banki hf's highest Cyclically Adjusted Price-to-FCF was 19.03. The lowest was 15.72. And the median was 18.61.

OISE:ARION's Cyclically Adjusted Price-to-FCF is ranked worse than
85.58% of 832 companies
in the Banks industry
Industry Median: 7.23 vs OISE:ARION: 15.72

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.

Arion banki hf's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was kr-8.062. 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 kr8.33 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arion banki hf Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Arion banki hf'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.

Arion banki hf Cyclically Adjusted Price-to-FCF Chart

Arion banki hf 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 - - - - 18.24

Arion banki hf 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 - - - 18.24 -

Competitive Comparison of Arion banki hf's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Arion banki hf'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.


Arion banki hf's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Arion banki hf's Cyclically Adjusted Price-to-FCF falls into.



Arion banki hf 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.

Arion banki hf's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=130.00/8.33
=15.61

* 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.

Arion banki hf's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Arion banki hf's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-8.062/142.1253*142.1253
=-8.062

Current CPI (Dec23) = 142.1253.

Arion banki hf Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.474 98.669 0.683
201512 18.182 100.657 25.673
201612 7.870 102.562 10.906
201712 30.115 104.481 40.965
201812 -14.262 108.388 -18.701
201912 -7.078 110.588 -9.096
202012 -33.597 114.542 -41.688
202112 37.210 120.398 43.925
202212 35.926 131.901 38.711
202312 -8.062 142.125 -8.062

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.


Arion banki hf  (OISE:ARION) 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.


Arion banki hf Cyclically Adjusted Price-to-FCF Related Terms

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


Arion banki hf (OISE:ARION) Business Description

Industry
Traded in Other Exchanges
Address
Borgartun 19, Reykjavik, ISL, 105
Arion banki hf is a universal relationship bank operating in the Icelandic financial market. Its operating segments are Markets, Corporate & Investment Banking, Retail Banking, Treasury, Vordur, Subsidiaries, and Supporting units. The Retail Banking segment of the company generates the majority of the revenue.

Arion banki hf (OISE:ARION) Headlines

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