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Spar Nord Bank A/S (LTS:0JH4) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is Spar Nord Bank A/S Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Spar Nord Bank A/S Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Spar Nord Bank A/S'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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Spar Nord Bank A/S Cyclically Adjusted Price-to-FCF Chart

Spar Nord Bank A/S 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 16.24 30.40 206.18 - -

Spar Nord Bank A/S 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 Spar Nord Bank A/S's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Spar Nord Bank A/S'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.


Spar Nord Bank A/S's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Spar Nord Bank A/S's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Spar Nord Bank A/S's Cyclically Adjusted Price-to-FCF falls into.



Spar Nord Bank A/S 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.

Spar Nord Bank A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Spar Nord Bank A/S'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)
=-20.085/116.7000*116.7000
=-20.085

Current CPI (Dec. 2023) = 116.7000.

Spar Nord Bank A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 7.385 99.600 8.653
201406 1.647 99.700 1.928
201409 15.922 99.700 18.637
201412 15.947 99.400 18.722
201503 3.569 100.200 4.157
201506 41.654 100.300 48.465
201509 -34.815 100.200 -40.548
201512 -27.715 99.800 -32.408
201603 15.510 100.200 18.064
201606 -0.658 100.600 -0.763
201609 -5.843 100.200 -6.805
201612 -8.682 100.300 -10.102
201703 4.467 101.200 5.151
201706 8.561 101.200 9.872
201709 -4.778 101.800 -5.477
201712 -4.009 101.300 -4.618
201803 -7.893 101.700 -9.057
201806 12.908 102.300 14.725
201809 -2.965 102.400 -3.379
201812 -1.707 102.100 -1.951
201903 9.339 102.900 10.591
201906 -5.639 102.900 -6.395
201909 9.296 102.900 10.543
201912 -28.212 102.900 -31.996
202003 10.525 103.300 11.890
202006 -6.625 103.200 -7.492
202009 1.809 103.500 2.040
202012 -6.874 103.400 -7.758
202103 30.128 104.300 33.710
202106 -37.216 105.000 -41.363
202109 0.594 105.800 0.655
202112 -2.350 106.600 -2.573
202203 -0.192 109.900 -0.204
202206 16.167 113.600 16.608
202209 1.955 116.400 1.960
202212 -22.606 115.900 -22.762
202303 7.415 117.300 7.377
202306 -2.102 116.400 -2.107
202309 -20.741 117.400 -20.617
202312 -20.085 116.700 -20.085

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.


Spar Nord Bank A/S  (LTS:0JH4) 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.


Spar Nord Bank A/S Cyclically Adjusted Price-to-FCF Related Terms

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Spar Nord Bank A/S (LTS:0JH4) Business Description

Industry
Traded in Other Exchanges
Address
Skelagervej 15, P.O. Box 162, Aalborg, DNK, 9100
Spar Nord Bank A/S is a retail bank operating in Denmark. About half of the bank's presence is in North Jutland. The company mostly grew outside its home base via mergers and acquisitions. It caters to common households and local small and medium-sized enterprises. The company's strategy emphasizes personalization and financial technology. Most of the bank's income is net interest income, followed by net fees, charges, and commissions. The majority of the bank's loan portfolio is business lending. The bank's business loan portfolio is diversified among several industries, most notably financial services, real estate, trade, and agriculture, hunting, and forestry.

Spar Nord Bank A/S (LTS:0JH4) Headlines

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