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Catella AB (OSTO:CAT A) Cyclically Adjusted Price-to-FCF : (As of Jun. 13, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Catella AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Catella 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.

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Catella AB Cyclically Adjusted Price-to-FCF Chart

Catella AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Catella AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Catella AB's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Catella 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.


Catella AB's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Catella AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Catella 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.

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

For example, Catella AB'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)
=0.249/132.2054*132.2054
=0.249

Current CPI (Mar. 2024) = 132.2054.

Catella AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.028 100.432 1.353
201409 5.496 100.161 7.254
201412 -0.294 100.225 -0.388
201503 -2.228 99.950 -2.947
201506 0.773 99.995 1.022
201509 -3.708 100.228 -4.891
201512 10.808 100.276 14.249
201603 -3.473 100.751 -4.557
201606 -0.917 101.019 -1.200
201609 1.619 101.138 2.116
201612 0.688 102.022 0.892
201703 -3.486 102.022 -4.517
201706 1.049 102.752 1.350
201709 8.866 103.279 11.349
201712 -3.689 103.793 -4.699
201803 -2.538 103.962 -3.228
201806 5.557 104.875 7.005
201809 2.843 105.679 3.557
201812 -2.532 105.912 -3.161
201903 -25.302 105.886 -31.591
201906 2.989 106.742 3.702
201909 0.510 107.214 0.629
201912 0.950 107.766 1.165
202003 -0.972 106.563 -1.206
202006 0.611 107.498 0.751
202009 1.064 107.635 1.307
202012 0.904 108.296 1.104
202103 -1.188 108.360 -1.449
202106 -0.215 108.928 -0.261
202109 0.815 110.338 0.977
202112 -18.754 112.486 -22.042
202203 -4.116 114.825 -4.739
202206 5.075 118.384 5.668
202209 0.967 122.296 1.045
202212 -0.651 126.365 -0.681
202303 -0.748 127.042 -0.778
202306 1.640 129.407 1.675
202309 -1.619 130.224 -1.644
202312 -1.016 131.912 -1.018
202403 0.249 132.205 0.249

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.


Catella AB  (OSTO:CAT A) 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.


Catella AB Cyclically Adjusted Price-to-FCF Related Terms

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Catella AB (OSTO:CAT A) Business Description

Traded in Other Exchanges
Address
Birger Jarlsgatan 6, P.O. Box 5894, Stockholm, SWE, SE-102 40
Catella AB is a property specialist that offers qualified advisory services, property funds and carries out principal investments in development projects. The group consists of Property Investment Management (PIM), Principal Investments and Corporate Finance. PIM offers regulated fund products, regional asset management services and project management of real estate developments. Principal Investments makes direct investments and co-investments with partners in real estate projects. Corporate Finance is a European advisor within real estate related corporate finance services such as real estate transactions, M&A, debt and equity capital markets advisory.

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