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Swedbank AB (Swedbank AB) Cyclically Adjusted Price-to-FCF : 8.77 (As of Apr. 28, 2024)


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What is Swedbank AB Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Swedbank AB's current share price is $19.109. Swedbank AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.18. Swedbank AB's Cyclically Adjusted Price-to-FCF for today is 8.77.

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

SWDBY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.78   Med: 8.09   Max: 37.21
Current: 9.01

During the past years, Swedbank AB's highest Cyclically Adjusted Price-to-FCF was 37.21. The lowest was 2.78. And the median was 8.09.

SWDBY's Cyclically Adjusted Price-to-FCF is ranked worse than
60.94% of 832 companies
in the Banks industry
Industry Median: 7.405 vs SWDBY: 9.01

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.

Swedbank AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $6.142. 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 $2.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Swedbank AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Swedbank 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.

* Premium members only.

Swedbank AB Cyclically Adjusted Price-to-FCF Chart

Swedbank AB 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 9.43 5.45 7.30 6.31 10.59

Swedbank AB 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 10.07 13.42 12.97 10.59 9.14

Competitive Comparison of Swedbank AB's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Swedbank 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.


Swedbank AB's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Swedbank AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Swedbank 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.

Swedbank AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.109/2.18
=8.77

* 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.

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

For example, Swedbank 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)
=6.142/130.9575*130.9575
=6.142

Current CPI (Mar. 2024) = 130.9575.

Swedbank AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.655 100.432 4.766
201409 -1.629 100.161 -2.130
201412 -3.098 100.225 -4.048
201503 7.527 99.950 9.862
201506 3.755 99.995 4.918
201509 -8.164 100.228 -10.667
201512 3.909 100.276 5.105
201603 13.101 100.751 17.029
201606 -2.015 101.019 -2.612
201609 -8.500 101.138 -11.006
201612 -7.381 102.022 -9.474
201703 15.880 102.022 20.384
201706 9.290 102.752 11.840
201709 -14.207 103.279 -18.014
201712 -6.892 103.793 -8.696
201803 18.304 103.962 23.057
201806 -8.415 104.875 -10.508
201809 -5.141 105.679 -6.371
201812 -2.231 105.912 -2.759
201903 -2.628 105.886 -3.250
201906 3.392 106.742 4.162
201909 -2.612 107.214 -3.190
201912 5.447 107.766 6.619
202003 9.308 106.563 11.439
202006 8.539 107.498 10.403
202009 0.741 107.635 0.902
202012 -9.644 108.296 -11.662
202103 20.734 108.360 25.058
202106 9.115 108.928 10.958
202109 5.051 110.338 5.995
202112 -27.853 112.486 -32.427
202203 5.779 114.825 6.591
202206 0.012 118.384 0.013
202209 0.904 122.296 0.968
202212 -7.907 126.365 -8.194
202303 -1.720 127.042 -1.773
202306 -1.557 129.407 -1.576
202309 -6.188 130.224 -6.223
202312 -2.551 130.958 -2.551
202403 6.142 130.958 6.142

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.


Swedbank AB  (OTCPK:SWDBY) 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.


Swedbank AB Cyclically Adjusted Price-to-FCF Related Terms

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


Swedbank AB (Swedbank AB) Business Description

Industry
Address
Landsvagen 40, Sundbyberg, Stockholm, SWE, 172 63
Swedbank is one of the oldest banks in Sweden, where it derives the lion's share of its income. The bank is the result of merging savings and union banks in Sweden in the aftermath of the financial crisis in the early 1990s in Sweden. The remaining independent savings banks in Sweden remain in close collaboration with Swedbank, acting as an additional product distribution channel to Swedbank and sharing Swedbank's IT systems and part of its development costs. In addition, the bank operates in the three Baltic states: Estonia, Latvia, and Lithuania. Swedbank has a market-leading position in the Baltics, with share ranging from 20% to 55% in retail banking, where it generates 16% of revenue.

Swedbank AB (Swedbank AB) Headlines

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