GURUFOCUS.COM » STOCK LIST » Technology » Software » Atea ASA (OSL:ATEA) » Definitions » Cyclically Adjusted Price-to-FCF

Atea ASA (OSL:ATEA) Cyclically Adjusted Price-to-FCF : 17.81 (As of May. 22, 2024)


View and export this data going back to 1985. Start your Free Trial

What is Atea ASA Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Atea ASA's current share price is kr149.60. Atea ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr8.40. Atea ASA's Cyclically Adjusted Price-to-FCF for today is 17.81.

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

OSL:ATEA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.2   Med: 14.22   Max: 20.12
Current: 17.49

During the past years, Atea ASA's highest Cyclically Adjusted Price-to-FCF was 20.12. The lowest was 8.20. And the median was 14.22.

OSL:ATEA's Cyclically Adjusted Price-to-FCF is ranked better than
68.48% of 679 companies
in the Software industry
Industry Median: 28.63 vs OSL:ATEA: 17.49

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.

Atea ASA's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr-8.775. 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 kr8.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atea ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Atea ASA'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.

Atea ASA Cyclically Adjusted Price-to-FCF Chart

Atea ASA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.60 14.48 13.00 17.95 12.02

Atea ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 12.02 12.64 14.97 13.03 15.46

Competitive Comparison of Atea ASA's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Atea ASA'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.


Atea ASA's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Atea ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Atea ASA 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.

Atea ASA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=149.60/8.4
=17.81

* 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.

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

For example, Atea ASA'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)
=-8.775/132.6000*132.6000
=-8.775

Current CPI (Mar. 2024) = 132.6000.

Atea ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.990 97.300 -2.712
201406 3.612 97.500 4.912
201409 -1.460 98.500 -1.965
201412 6.791 98.600 9.133
201503 -0.114 99.200 -0.152
201506 -1.552 100.100 -2.056
201509 -1.696 100.600 -2.235
201512 12.445 100.900 16.355
201603 -4.765 102.500 -6.164
201606 -1.433 103.800 -1.831
201609 0.571 104.200 0.727
201612 15.689 104.400 19.927
201703 -3.497 105.000 -4.416
201706 -4.179 105.800 -5.238
201709 1.233 105.900 1.544
201712 15.275 106.100 19.090
201803 -8.478 107.300 -10.477
201806 -3.392 108.500 -4.145
201809 -2.493 109.500 -3.019
201812 19.802 109.800 23.914
201903 -5.204 110.400 -6.250
201906 7.203 110.600 8.636
201909 -4.556 111.100 -5.438
201912 16.334 111.300 19.460
202003 -10.933 111.200 -13.037
202006 8.628 112.100 10.206
202009 -0.661 112.900 -0.776
202012 13.331 112.900 15.657
202103 -6.330 114.600 -7.324
202106 4.480 115.300 5.152
202109 -5.057 117.500 -5.707
202112 13.487 118.900 15.041
202203 -6.765 119.800 -7.488
202206 -6.145 122.600 -6.646
202209 5.054 125.600 5.336
202212 13.756 125.900 14.488
202303 1.184 127.600 1.230
202306 2.072 130.400 2.107
202309 -3.044 129.800 -3.110
202403 -8.775 132.600 -8.775

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.


Atea ASA  (OSL:ATEA) 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.


Atea ASA Cyclically Adjusted Price-to-FCF Related Terms

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


Atea ASA (OSL:ATEA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Atea ASA (OSL:ATEA) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Karvesvingen 5, P.O. Box 6472, Etterstad, Oslo, NOR, NO-0605
Atea ASA is a Norway-based company that provides IT infrastructure and system integration services to customers. The company's product and services portfolio includes the sale of products such as third-party hardware and software, mobile device management and security software, and maintenance and operation of IT infrastructure services for companies, among others. The company operations are divided into six business segments based on geographical areas and services: Norway, Sweden, Denmark, Finland, The Baltics, and Shared Services. The firm generates most of its revenue in Sweden.