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ABgax (CHIX:SAGAAS) Cyclically Adjusted FCF per Share : kr3.72 (As of Dec. 2023)


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What is ABgax Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

ABgax's adjusted free cash flow per share for the three months ended in Dec. 2023 was kr2.127. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is kr3.72 for the trailing ten years ended in Dec. 2023.

During the past 12 months, ABgax's average Cyclically Adjusted FCF Growth Rate was 20.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 26.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 23.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of ABgax was 27.10% per year. The lowest was 20.00% per year. And the median was 26.30% per year.

As of today (2024-04-29), ABgax's current stock price is kr170.00. ABgax's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was kr3.72. ABgax's Cyclically Adjusted Price-to-FCF of today is 45.70.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ABgax was 112.31. The lowest was 33.33. And the median was 50.98.


ABgax Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ABgax's Cyclically Adjusted FCF per Share 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.

ABgax Cyclically Adjusted FCF per Share Chart

ABgax Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 3.01 2.09 3.54 3.72

ABgax Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 3.54 3.67 4.29 4.69 3.72

Competitive Comparison of ABgax's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, ABgax'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.


ABgax's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, ABgax's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ABgax Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, ABgax'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)
=2.127/130.9575*130.9575
=2.127

Current CPI (Dec. 2023) = 130.9575.

ABgax Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.303 99.788 0.398
201406 0.432 100.432 0.563
201409 0.725 100.161 0.948
201412 0.515 100.225 0.673
201503 0.397 99.950 0.520
201506 0.208 99.995 0.272
201509 0.625 100.228 0.817
201512 0.727 100.276 0.949
201603 0.432 100.751 0.562
201606 1.231 101.019 1.596
201609 0.441 101.138 0.571
201612 0.580 102.022 0.745
201703 0.809 102.022 1.038
201706 1.034 102.752 1.318
201709 0.545 103.279 0.691
201712 0.578 103.793 0.729
201803 0.700 103.962 0.882
201806 1.590 104.875 1.985
201809 1.170 105.679 1.450
201812 0.697 105.912 0.862
201903 0.823 105.886 1.018
201906 1.522 106.742 1.867
201909 1.017 107.214 1.242
201912 0.984 107.766 1.196
202003 0.898 106.563 1.104
202006 3.230 107.498 3.935
202009 1.255 107.635 1.527
202012 1.397 108.296 1.689
202103 0.068 108.360 0.082
202106 2.955 108.928 3.553
202109 2.390 110.338 2.837
202112 1.987 112.486 2.313
202203 1.490 114.825 1.699
202206 2.378 118.384 2.631
202209 2.789 122.296 2.987
202212 2.416 126.365 2.504
202303 1.978 127.042 2.039
202306 2.187 129.407 2.213
202309 3.808 130.224 3.829
202312 2.127 130.958 2.127

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


ABgax  (CHIX:SAGAAs) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

ABgax's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=170.00/3.72
=45.70

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ABgax was 112.31. The lowest was 33.33. And the median was 50.98.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


ABgax Cyclically Adjusted FCF per Share Related Terms

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


ABgax (CHIX:SAGAAS) Business Description

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Address
Engelbrektsplan 1, Stockholm, SWE, SE-114 34
AB Sagax is a property company that invests in commercial properties with a focus on the warehouse and light industry segment. The company owns properties in Sweden, Finland, Germany, and Denmark, with a total rental space of more than 3 million square metres. A significant proportion of the company's real estate portfolio is located in the Stockholm and Helsinki regions. The company's revenue consists primarily of rental income for the provision of premises, of which the majority is derived from the government, municipalities, or companies with significant sales.

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