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Storebrand ASA (Storebrand ASA) Cyclically Adjusted Price-to-FCF : 132.86 (As of May. 21, 2024)


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What is Storebrand ASA Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Storebrand ASA's current share price is $9.30. Storebrand ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.07. Storebrand ASA's Cyclically Adjusted Price-to-FCF for today is 132.86.

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

SREDF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.08   Med: 15.26   Max: 148.53
Current: 147.74

During the past years, Storebrand ASA's highest Cyclically Adjusted Price-to-FCF was 148.53. The lowest was 7.08. And the median was 15.26.

SREDF's Cyclically Adjusted Price-to-FCF is ranked worse than
95.83% of 24 companies
in the Diversified Financial Services industry
Industry Median: 9.655 vs SREDF: 147.74

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.

Storebrand ASA's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.133. 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 $0.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Storebrand ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Storebrand 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.

Storebrand ASA Cyclically Adjusted Price-to-FCF Chart

Storebrand 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 13.18 18.62 45.15 36.44 89.16

Storebrand ASA 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 66.52 69.41 52.92 89.16 132.62

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

For the Financial Conglomerates subindustry, Storebrand 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.


Storebrand ASA's Cyclically Adjusted Price-to-FCF Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Storebrand ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Storebrand 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.

Storebrand ASA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.30/0.07
=132.86

* 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.

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

For example, Storebrand ASA'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)
=0.133/132.6000*132.6000
=0.133

Current CPI (Mar. 2024) = 132.6000.

Storebrand ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.335 97.500 1.816
201409 0.059 98.500 0.079
201412 0.730 98.600 0.982
201503 -0.718 99.200 -0.960
201506 0.200 100.100 0.265
201509 -0.109 100.600 -0.144
201512 -0.174 100.900 -0.229
201603 0.655 102.500 0.847
201606 -0.566 103.800 -0.723
201609 -0.070 104.200 -0.089
201612 0.359 104.400 0.456
201703 -0.005 105.000 -0.006
201706 0.158 105.800 0.198
201709 -0.394 105.900 -0.493
201712 0.372 106.100 0.465
201803 -0.112 107.300 -0.138
201806 0.663 108.500 0.810
201809 -0.272 109.500 -0.329
201812 0.064 109.800 0.077
201903 -0.198 110.400 -0.238
201906 0.546 110.600 0.655
201909 -0.269 111.100 -0.321
201912 -0.264 111.300 -0.315
202003 -0.086 111.200 -0.103
202006 0.117 112.100 0.138
202009 -0.294 112.900 -0.345
202012 -0.215 112.900 -0.253
202103 0.213 114.600 0.246
202106 -0.419 115.300 -0.482
202109 -1.035 117.500 -1.168
202112 0.282 118.900 0.314
202203 0.915 119.800 1.013
202206 0.061 122.600 0.066
202209 -0.189 125.600 -0.200
202212 -0.105 125.900 -0.111
202303 -0.185 127.600 -0.192
202306 0.068 130.400 0.069
202309 0.445 129.800 0.455
202312 -0.629 131.900 -0.632
202403 0.133 132.600 0.133

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.


Storebrand ASA  (OTCPK:SREDF) 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.


Storebrand ASA Cyclically Adjusted Price-to-FCF Related Terms

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Storebrand ASA (Storebrand ASA) Business Description

Traded in Other Exchanges
Address
Professor Kohts vei 9, P.O. Box 474, Lysaker, NOR, N-1327
Storebrand ASA is a Nordic long-term savings and insurance company. The business is divided into nonguaranteed savings, insurance, and guaranteed pensions. The savings segment includes products for retirement savings with no interest rate guarantees. The segment consists of defined contribution pensions in Norway and Sweden, asset management, and retail banking products. The insurance segment provides risk products in Norway and Sweden. It provides health, property & casualty, personal risk products, and employee-related & pension-related insurance. The Guaranteed Pension business area encompasses long-term pension savings products that give customers a guaranteed rate of return.

Storebrand ASA (Storebrand ASA) Headlines

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