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Scandinavian Enviro Systems AB (OSTO:SES) Cyclically Adjusted Price-to-FCF : (As of Jun. 22, 2024)


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What is Scandinavian Enviro Systems AB Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Scandinavian Enviro Systems AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Scandinavian Enviro Systems 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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Scandinavian Enviro Systems AB Cyclically Adjusted Price-to-FCF Chart

Scandinavian Enviro Systems AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Scandinavian Enviro Systems 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 Scandinavian Enviro Systems AB's Cyclically Adjusted Price-to-FCF

For the Waste Management subindustry, Scandinavian Enviro Systems 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.


Scandinavian Enviro Systems AB's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Scandinavian Enviro Systems AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Scandinavian Enviro Systems 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.

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

For example, Scandinavian Enviro Systems 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)
=0.078/132.2054*132.2054
=0.078

Current CPI (Mar. 2024) = 132.2054.

Scandinavian Enviro Systems AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.500 100.432 -0.658
201409 -0.350 100.161 -0.462
201412 -0.196 100.225 -0.259
201503 -0.236 99.950 -0.312
201506 -0.161 99.995 -0.213
201509 -0.154 100.228 -0.203
201512 -0.090 100.276 -0.119
201603 -0.166 100.751 -0.218
201606 -0.160 101.019 -0.209
201609 -0.047 101.138 -0.061
201612 -0.082 102.022 -0.106
201703 -0.087 102.022 -0.113
201706 -0.052 102.752 -0.067
201709 -0.048 103.279 -0.061
201712 -0.037 103.793 -0.047
201803 -0.047 103.962 -0.060
201806 -0.066 104.875 -0.083
201809 -0.050 105.679 -0.063
201812 -0.041 105.912 -0.051
201903 -0.031 105.886 -0.039
201906 -0.033 106.742 -0.041
201909 -0.026 107.214 -0.032
201912 -0.028 107.766 -0.034
202003 -0.025 106.563 -0.031
202006 -0.021 107.498 -0.026
202009 -0.019 107.635 -0.023
202012 -0.023 108.296 -0.028
202103 -0.016 108.360 -0.020
202106 -0.027 108.928 -0.033
202109 -0.023 110.338 -0.028
202112 -0.025 112.486 -0.029
202203 -0.032 114.825 -0.037
202206 -0.039 118.384 -0.044
202209 -0.037 122.296 -0.040
202212 -0.040 126.365 -0.042
202303 -0.044 127.042 -0.046
202306 -0.036 129.407 -0.037
202309 -0.036 130.224 -0.037
202312 -0.015 131.912 -0.015
202403 0.078 132.205 0.078

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.


Scandinavian Enviro Systems AB  (OSTO:SES) 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.


Scandinavian Enviro Systems AB Cyclically Adjusted Price-to-FCF Related Terms

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Scandinavian Enviro Systems AB (OSTO:SES) Business Description

Traded in Other Exchanges
Address
Regnbagsgatan 8C, Goteborg, SWE, 417 55
Scandinavian Enviro Systems AB functions as a recycling company in Sweden. Its technology enables changing the chemical composition and the physical phase of the tire material during the process. The company operates Modular Recycling Facilities for recovering carbon black, oil, steel and gas from waste tires.

Scandinavian Enviro Systems AB (OSTO:SES) Headlines