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Europris ASA (FRA:2RG) Cyclically Adjusted FCF per Share : €0.47 (As of Mar. 2024)


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What is Europris ASA 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.

Europris ASA's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.178. 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 €0.47 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-10), Europris ASA's current stock price is €6.06. Europris ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.47. Europris ASA's Cyclically Adjusted Price-to-FCF of today is 12.89.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Europris ASA was 17.33. The lowest was 12.23. And the median was 14.44.


Europris ASA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Europris ASA'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.

Europris ASA Cyclically Adjusted FCF per Share Chart

Europris ASA 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 - - - - 0.45

Europris 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 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 - 0.36 0.38 0.45 0.47

Competitive Comparison of Europris ASA's Cyclically Adjusted FCF per Share

For the Discount Stores subindustry, Europris 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.


Europris ASA's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Europris ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Europris ASA 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, Europris 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)
=-0.178/132.6000*132.6000
=-0.178

Current CPI (Mar. 2024) = 132.6000.

Europris ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.075 97.500 0.102
201409 0.139 98.500 0.187
201412 0.106 98.600 0.143
201503 -0.158 99.200 -0.211
201506 0.028 100.100 0.037
201509 0.066 100.600 0.087
201512 0.167 100.900 0.219
201603 -0.171 102.500 -0.221
201606 0.146 103.800 0.187
201609 -0.006 104.200 -0.008
201612 0.285 104.400 0.362
201703 -0.259 105.000 -0.327
201706 0.123 105.800 0.154
201709 0.124 105.900 0.155
201712 0.228 106.100 0.285
201803 -0.199 107.300 -0.246
201806 0.107 108.500 0.131
201809 0.003 109.500 0.004
201812 0.260 109.800 0.314
201903 -0.207 110.400 -0.249
201906 0.191 110.600 0.229
201909 0.145 111.100 0.173
201912 0.402 111.300 0.479
202003 -0.120 111.200 -0.143
202006 0.441 112.100 0.522
202009 0.127 112.900 0.149
202012 0.469 112.900 0.551
202103 -0.177 114.600 -0.205
202106 0.371 115.300 0.427
202109 0.199 117.500 0.225
202112 0.501 118.900 0.559
202203 -0.299 119.800 -0.331
202206 0.238 122.600 0.257
202209 0.099 125.600 0.105
202212 0.598 125.900 0.630
202303 -0.240 127.600 -0.249
202306 0.292 130.400 0.297
202309 0.267 129.800 0.273
202312 0.548 131.900 0.551
202403 -0.178 132.600 -0.178

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


Europris ASA  (FRA:2RG) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.06/0.47
=12.89

* 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 Europris ASA was 17.33. The lowest was 12.23. And the median was 14.44.


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.


Europris ASA Cyclically Adjusted FCF per Share Related Terms

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


Europris ASA (FRA:2RG) Business Description

Industry
Traded in Other Exchanges
Address
Dikeveien 57, P O Box 1421, Rolvsoy, NOR, NO-1661
Europris ASA is a Norwegian discount store company. The company has a singular business segment operating as a discount store chain that sells private-label and branded merchandise. The Europris group as a whole is defined and identified as one operating segment. Europris ASA sells a variety of items in product categories including home and kitchen, groceries, house and garden, clothes and shoes, candy and chocolate, personal care, electronics, laundry, pet, and hobby and office products. Additionally, it sells travel, leisure, and sports-related goods. The firm owns a portion of Runsvengruppen AB, which owns Swedish discount store chain OoB. The company generates the vast majority of its revenue in Norway.

Europris ASA (FRA:2RG) Headlines

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