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Norske Skogindustrier ASA (OSTO:NSGO) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


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What is Norske Skogindustrier ASA 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


Norske Skogindustrier ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Norske Skogindustrier 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.

Norske Skogindustrier ASA Cyclically Adjusted Price-to-FCF Chart

Norske Skogindustrier ASA 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 40.82 79.27 - - -

Norske Skogindustrier ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

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

For the Paper & Paper Products subindustry, Norske Skogindustrier 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.


Norske Skogindustrier ASA's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

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

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



Norske Skogindustrier 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.

Norske Skogindustrier ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Norske Skogindustrier ASA's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.616/131.9000*131.9000
=0.616

Current CPI (Dec. 2023) = 131.9000.

Norske Skogindustrier ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 -1.042 96.400 -1.426
201312 0.708 96.600 0.967
201403 -0.634 97.300 -0.859
201406 -1.466 97.500 -1.983
201409 -0.125 98.500 -0.167
201412 1.834 98.600 2.453
201503 -2.835 99.200 -3.770
201506 -1.578 100.100 -2.079
201509 -0.742 100.600 -0.973
201512 0.151 100.900 0.197
201603 0.747 102.500 0.961
201606 -0.140 103.800 -0.178
201609 -0.167 104.200 -0.211
201612 -0.487 104.400 -0.615
201703 0.098 105.000 0.123
201706 0.404 105.800 0.504
201709 -0.835 105.900 -1.040
201712 0.792 106.100 0.985
201809 0.176 109.500 0.212
201812 0.713 109.800 0.857
201903 0.817 110.400 0.976
201906 0.527 110.600 0.628
201909 0.244 111.100 0.290
201912 0.520 111.300 0.616
202003 1.326 111.200 1.573
202006 -0.849 112.100 -0.999
202009 -0.165 112.900 -0.193
202012 -0.613 112.900 -0.716
202103 -0.093 114.600 -0.107
202106 -1.251 115.300 -1.431
202109 0.129 117.500 0.145
202112 -2.789 118.900 -3.094
202203 -0.699 119.800 -0.770
202206 0.129 122.600 0.139
202209 0.387 125.600 0.406
202212 -0.487 125.900 -0.510
202303 -0.502 127.600 -0.519
202306 -1.233 130.400 -1.247
202309 -3.029 129.800 -3.078
202312 0.616 131.900 0.616

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.


Norske Skogindustrier ASA  (OSTO:NSGo) 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.


Norske Skogindustrier ASA Cyclically Adjusted Price-to-FCF Related Terms

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


Norske Skogindustrier ASA (OSTO:NSGO) Business Description

Traded in Other Exchanges
Address
Sjolyst plass 2, Oslo, NOR, 0278
Norske Skog ASA is an industrial company in publication paper, packaging paper, energy production, and bioproducts. Publication paper products comprise both newsprint and magazine paper, both of which are marketed under the NOR brand. Packaging paper includes the recycled containerboard grades test liner and fluting, which are marketed under the STRATO brand. The company's core bioproducts are the nano cellulose product CEBINA and the bio-composite product CEBICO. Norske Skog owns and operates four industrial sites in Europe, and one industrial site in Australasia.

Norske Skogindustrier ASA (OSTO:NSGO) Headlines

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