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Note AB (OSTO:NOTE) Cyclically Adjusted Price-to-FCF : 46.43 (As of Jun. 08, 2024)


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

As of today (2024-06-08), Note AB's current share price is kr156.00. Note AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr3.36. Note AB's Cyclically Adjusted Price-to-FCF for today is 46.43.

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

OSTO:NOTE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.11   Med: 34.78   Max: 125.82
Current: 44.97

During the past years, Note AB's highest Cyclically Adjusted Price-to-FCF was 125.82. The lowest was 15.11. And the median was 34.78.

OSTO:NOTE's Cyclically Adjusted Price-to-FCF is ranked worse than
64.18% of 966 companies
in the Hardware industry
Industry Median: 30.465 vs OSTO:NOTE: 44.97

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.

Note AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr3.347. 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 kr3.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Note AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Note 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.

Note AB Cyclically Adjusted Price-to-FCF Chart

Note AB 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 29.64 28.57 121.14 94.82 47.19

Note AB 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 104.73 95.44 62.20 47.19 42.95

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

For the Electronic Components subindustry, Note 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.


Note AB's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Note AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Note 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.

Note AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=156.00/3.36
=46.43

* 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.

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

For example, Note 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)
=3.347/132.2054*132.2054
=3.347

Current CPI (Mar. 2024) = 132.2054.

Note AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.197 100.432 -0.259
201409 -0.745 100.161 -0.983
201412 0.551 100.225 0.727
201503 0.849 99.950 1.123
201506 -0.523 99.995 -0.691
201509 -0.724 100.228 -0.955
201512 1.052 100.276 1.387
201603 1.001 100.751 1.314
201606 0.211 101.019 0.276
201609 0.315 101.138 0.412
201612 0.156 102.022 0.202
201703 1.257 102.022 1.629
201706 0.229 102.752 0.295
201709 -0.370 103.279 -0.474
201712 0.245 103.793 0.312
201803 0.587 103.962 0.746
201806 -0.450 104.875 -0.567
201809 0.485 105.679 0.607
201812 0.304 105.912 0.379
201903 0.179 105.886 0.223
201906 -0.716 106.742 -0.887
201909 0.357 107.214 0.440
201912 3.616 107.766 4.436
202003 2.410 106.563 2.990
202006 2.360 107.498 2.902
202009 0.139 107.635 0.171
202012 1.705 108.296 2.081
202103 0.278 108.360 0.339
202106 0.763 108.928 0.926
202109 -1.454 110.338 -1.742
202112 -0.729 112.486 -0.857
202203 0.622 114.825 0.716
202206 0.207 118.384 0.231
202209 -1.242 122.296 -1.343
202212 2.111 126.365 2.209
202303 2.864 127.042 2.980
202306 1.346 129.407 1.375
202309 1.863 130.224 1.891
202312 5.722 131.912 5.735
202403 3.347 132.205 3.347

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.


Note AB  (OSTO:NOTE) 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.


Note AB Cyclically Adjusted Price-to-FCF Related Terms

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


Note AB (OSTO:NOTE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Note AB (OSTO:NOTE) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
Box 3691, Stockholm, SWE, 103 59
Note AB is a Swedish based EMS partner. engaged in manufacturing electronics-based products that require high technology competence and flexibility. Its business has four segments which are Industrial, Communication, Medtech and Greentech.