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Sparebanken More (OSL:MORG) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2025)


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What is Sparebanken More Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sparebanken More Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sparebanken More'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.

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Sparebanken More Cyclically Adjusted Price-to-FCF Chart

Sparebanken More Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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Sparebanken More Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Sparebanken More's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Sparebanken More'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.


Sparebanken More's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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


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Sparebanken More 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.

Sparebanken More's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Sparebanken More's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-9.814/136.1000*136.1000
=-9.814

Current CPI (Mar. 2025) = 136.1000.

Sparebanken More Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 33.956 100.100 46.168
201509 -33.463 100.600 -45.272
201512 8.236 100.900 11.109
201603 10.710 102.500 14.221
201606 31.061 103.800 40.726
201609 33.841 104.200 44.201
201612 -11.301 104.400 -14.732
201703 -20.638 105.000 -26.751
201706 -21.126 105.800 -27.176
201709 -12.633 105.900 -16.236
201712 -19.913 106.100 -25.543
201803 -31.215 107.300 -39.593
201806 -1.933 108.500 -2.425
201809 32.395 109.500 40.264
201812 -18.075 109.800 -22.404
201903 12.431 110.400 15.325
201906 -20.766 110.600 -25.554
201909 4.847 111.100 5.938
201912 6.956 111.300 8.506
202003 -20.031 111.200 -24.516
202006 21.855 112.100 26.534
202009 2.656 112.900 3.202
202012 -0.731 112.900 -0.881
202103 -15.794 114.600 -18.757
202106 3.751 115.300 4.428
202109 -87.564 117.500 -101.425
202112 45.394 118.900 51.961
202203 18.794 119.800 21.351
202206 0.122 122.600 0.135
202209 -33.574 125.600 -36.381
202212 -52.979 125.900 -57.271
202303 -38.146 127.600 -40.687
202306 -11.834 130.400 -12.351
202309 34.794 129.800 36.483
202312 -47.332 131.900 -48.839
202403 -50.874 132.600 -52.217
202406 31.064 133.800 31.598
202409 -141.080 133.700 -143.612
202412 111.838 134.800 112.917
202503 -9.814 136.100 -9.814

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.


Sparebanken More  (OSL:MORG) 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.


Sparebanken More Cyclically Adjusted Price-to-FCF Related Terms

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


Sparebanken More Business Description

Industry
Traded in Other Exchanges
Address
Kipervikgata 6, Alesund, NOR, 6003
Sparebanken Møre is a Norway-based banking corporation. It engaged in providing retail and commercial banking services to its customers. Products and services provided by the company include deposits, savings accounts, asset management, financial advisory services, payment transfers, foreign exchange and interest trading, insurance, and real estate brokerage. In addition, the company also provides real estate brokerage services for both residential homes and commercial properties. It mainly concentrates on maritime, offshore and supply, real estate, trade, and services, as well as the insurance industries. It firm manages its business into three segments: Corporate, Retail, and Real Estate brokerage. The revenue of the company comprises interest, fees, commission, and other income.

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