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Tomra Systems ASA (FRA:TMR0) Cyclically Adjusted Price-to-FCF : 29.51 (As of Apr. 28, 2024)


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What is Tomra Systems ASA Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Tomra Systems ASA's current share price is €12.10. Tomra Systems ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.41. Tomra Systems ASA's Cyclically Adjusted Price-to-FCF for today is 29.51.

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

FRA:TMR0' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.93   Med: 48.03   Max: 86.92
Current: 29.67

During the past years, Tomra Systems ASA's highest Cyclically Adjusted Price-to-FCF was 86.92. The lowest was 19.93. And the median was 48.03.

FRA:TMR0's Cyclically Adjusted Price-to-FCF is ranked worse than
67.92% of 53 companies
in the Waste Management industry
Industry Median: 21.59 vs FRA:TMR0: 29.67

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.

Tomra Systems ASA's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €0.387. 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 €0.41 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tomra Systems ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tomra Systems 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.

Tomra Systems ASA Cyclically Adjusted Price-to-FCF Chart

Tomra Systems 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 50.04 66.26 84.53 39.36 26.26

Tomra Systems 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 39.36 39.72 38.45 28.44 26.26

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

For the Waste Management subindustry, Tomra Systems 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.


Tomra Systems ASA's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

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

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



Tomra Systems 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.10/0.41
=29.51

* 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.

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

For example, Tomra Systems 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)
=0.387/131.9000*131.9000
=0.387

Current CPI (Dec. 2023) = 131.9000.

Tomra Systems ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.004 97.300 0.005
201406 0.047 97.500 0.064
201409 0.080 98.500 0.107
201412 0.118 98.600 0.158
201503 0.016 99.200 0.021
201506 0.044 100.100 0.058
201509 0.115 100.600 0.151
201512 0.123 100.900 0.161
201603 0.036 102.500 0.046
201606 0.076 103.800 0.097
201609 0.107 104.200 0.135
201612 0.146 104.400 0.184
201703 0.045 105.000 0.057
201706 0.060 105.800 0.075
201709 0.111 105.900 0.138
201712 0.122 106.100 0.152
201803 0.042 107.300 0.052
201806 0.045 108.500 0.055
201809 0.152 109.500 0.183
201812 0.120 109.800 0.144
201903 0.080 110.400 0.096
201906 0.014 110.600 0.017
201909 0.149 111.100 0.177
201912 0.203 111.300 0.241
202003 0.081 111.200 0.096
202006 0.042 112.100 0.049
202009 0.124 112.900 0.145
202012 0.285 112.900 0.333
202103 0.090 114.600 0.104
202106 0.086 115.300 0.098
202109 0.198 117.500 0.222
202112 0.209 118.900 0.232
202203 0.058 119.800 0.064
202206 0.090 122.600 0.097
202209 0.108 125.600 0.113
202212 0.113 125.900 0.118
202303 0.153 127.600 0.158
202306 0.011 130.400 0.011
202309 -0.082 129.800 -0.083
202312 0.387 131.900 0.387

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.


Tomra Systems ASA  (FRA:TMR0) 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.


Tomra Systems ASA Cyclically Adjusted Price-to-FCF Related Terms

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


Tomra Systems ASA (FRA:TMR0) Business Description

Industry
Address
Drengsrudhagen 2, Asker, NOR, 1385
Tomra Systems ASA provides sorting and recycling solutions to better equip customers for handling waste. It operates two primary business segments: collection solutions (a majority of revenue) and sorting solutions. The company produces, sells, and services automated recycling systems, including data administration systems that monitor the volume of collected materials. It manufactures reverse vending machines to collect empty beverage containers. The empty beverage containers are gathered and processed into reusable molds. Tomra services the machines and provides replacement parts to ensure optimal performance. Food sorting solutions inspect individual pieces and stop resources from going to waste. The majority of revenue comes from customers in Europe, North America and Rest of World.

Tomra Systems ASA (FRA:TMR0) Headlines

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