GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » BillerudKorsnas AB (OSTO:BILL BTA) » Definitions » Cyclically Adjusted Price-to-FCF

BillerudKorsnas AB (OSTO:BILL BTA) Cyclically Adjusted Price-to-FCF : (As of Jul. 21, 2025)


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

What is BillerudKorsnas AB Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


BillerudKorsnas AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for BillerudKorsnas AB'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.

BillerudKorsnas AB Cyclically Adjusted Price-to-FCF Chart

BillerudKorsnas AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.92 52.98 26.40 21.38 25.16

BillerudKorsnas AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 21.97 23.63 30.53 25.16 28.26

Competitive Comparison of BillerudKorsnas AB's Cyclically Adjusted Price-to-FCF

For the Paper & Paper Products subindustry, BillerudKorsnas AB'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.


BillerudKorsnas AB's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, BillerudKorsnas AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


;
;

BillerudKorsnas AB 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.

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

For example, BillerudKorsnas AB'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)
=1.731/132.8245*132.8245
=1.731

Current CPI (Mar. 2025) = 132.8245.

BillerudKorsnas AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 3.143 99.995 4.175
201509 5.222 100.228 6.920
201512 3.772 100.276 4.996
201603 1.499 100.751 1.976
201606 6.102 101.019 8.023
201609 6.721 101.138 8.827
201612 6.325 102.022 8.235
201703 -2.630 102.022 -3.424
201706 3.143 102.752 4.063
201709 -1.683 103.279 -2.164
201712 -7.340 103.793 -9.393
201803 -3.056 103.962 -3.904
201806 -11.518 104.875 -14.588
201809 -3.394 105.679 -4.266
201812 -7.350 105.912 -9.218
201903 -0.909 105.886 -1.140
201906 -4.613 106.742 -5.740
201909 -4.458 107.214 -5.523
201912 4.671 107.766 5.757
202003 -4.236 106.563 -5.280
202006 1.509 107.498 1.865
202009 4.062 107.635 5.013
202012 9.119 108.296 11.184
202103 1.596 108.360 1.956
202106 8.220 108.928 10.023
202109 6.470 110.338 7.789
202112 6.595 112.486 7.787
202203 1.915 114.825 2.215
202206 16.140 118.384 18.109
202209 8.994 122.296 9.768
202212 6.789 126.365 7.136
202303 -10.705 127.042 -11.192
202306 -4.516 129.407 -4.635
202309 4.294 130.224 4.380
202312 12.021 131.912 12.104
202403 -4.748 132.205 -4.770
202406 0.474 132.716 0.474
202409 -0.687 132.304 -0.690
202412 10.696 132.987 10.683
202503 1.731 132.825 1.731

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.


BillerudKorsnas AB  (OSTO:BILL BTA) 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.


BillerudKorsnas AB Cyclically Adjusted Price-to-FCF Related Terms

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


BillerudKorsnas AB Business Description

Traded in Other Exchanges
Address
Evenemangsgatan 17, P.O. Box 703, Solna, Stockholm, SWE, SE-169 27
Billerud AB produces a variety of packaging, paper, and board products. Its product offerings include Cartonboard, Sack Paper, Coated Web, Hardwood Pulp, and Containerboard among others. Billerud organizes itself into three segments: Region Europe which also generates key revenue, Region North America, and Solutions and Other.

BillerudKorsnas AB Headlines

No Headlines