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Storebrand ASA (LTS:0NO0) Cyclically Adjusted FCF per Share : kr0.74 (As of Mar. 2024)


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What is Storebrand 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.

Storebrand ASA's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr1.407. 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 kr0.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Storebrand ASA's average Cyclically Adjusted FCF Growth Rate was -38.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -33.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -29.20% 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 Storebrand ASA was -18.50% per year. The lowest was -33.60% per year. And the median was -27.80% per year.

As of today (2024-05-23), Storebrand ASA's current stock price is kr110.20. Storebrand ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr0.74. Storebrand ASA's Cyclically Adjusted Price-to-FCF of today is 148.92.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Storebrand ASA was 148.53. The lowest was 7.08. And the median was 15.26.


Storebrand ASA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Storebrand 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.

Storebrand ASA Cyclically Adjusted FCF per Share Chart

Storebrand 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 5.25 3.43 1.95 2.34 1.01

Storebrand 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 1.22 1.21 1.66 1.01 0.74

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

For the Financial Conglomerates subindustry, Storebrand 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.


Storebrand ASA's Cyclically Adjusted Price-to-FCF Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Storebrand ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Storebrand 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, Storebrand 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)
=1.407/132.6000*132.6000
=1.407

Current CPI (Mar. 2024) = 132.6000.

Storebrand ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 8.065 97.500 10.968
201409 0.374 98.500 0.503
201412 5.312 98.600 7.144
201503 -5.744 99.200 -7.678
201506 1.560 100.100 2.066
201509 -0.901 100.600 -1.188
201512 -1.509 100.900 -1.983
201603 5.549 102.500 7.179
201606 -4.699 103.800 -6.003
201609 -0.575 104.200 -0.732
201612 3.075 104.400 3.906
201703 -0.045 105.000 -0.057
201706 1.337 105.800 1.676
201709 -3.084 105.900 -3.862
201712 3.091 106.100 3.863
201803 -0.874 107.300 -1.080
201806 5.375 108.500 6.569
201809 -2.244 109.500 -2.717
201812 0.554 109.800 0.669
201903 -1.708 110.400 -2.051
201906 4.712 110.600 5.649
201909 -2.425 111.100 -2.894
201912 -2.380 111.300 -2.835
202003 -0.882 111.200 -1.052
202006 1.112 112.100 1.315
202009 -2.692 112.900 -3.162
202012 -1.876 112.900 -2.203
202103 1.813 114.600 2.098
202106 -3.529 115.300 -4.059
202109 -8.960 117.500 -10.111
202112 2.531 118.900 2.823
202203 8.082 119.800 8.946
202206 0.595 122.600 0.644
202209 -1.947 125.600 -2.056
202212 -1.036 125.900 -1.091
202303 -1.949 127.600 -2.025
202306 0.737 130.400 0.749
202309 4.771 129.800 4.874
202312 -6.633 131.900 -6.668
202403 1.407 132.600 1.407

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


Storebrand ASA  (LTS:0NO0) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=110.20/0.74
=148.92

* 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 Storebrand ASA was 148.53. The lowest was 7.08. And the median was 15.26.


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.


Storebrand ASA Cyclically Adjusted FCF per Share Related Terms

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


Storebrand ASA (LTS:0NO0) Business Description

Traded in Other Exchanges
Address
Professor Kohts vei 9, P.O. Box 474, Lysaker, NOR, N-1327
Storebrand ASA is a Nordic long-term savings and insurance company. The business is divided into nonguaranteed savings, insurance, and guaranteed pensions. The savings segment includes products for retirement savings with no interest rate guarantees. The segment consists of defined contribution pensions in Norway and Sweden, asset management, and retail banking products. The insurance segment provides risk products in Norway and Sweden. It provides health, property & casualty, personal risk products, and employee-related & pension-related insurance. The Guaranteed Pension business area encompasses long-term pension savings products that give customers a guaranteed rate of return.

Storebrand ASA (LTS:0NO0) Headlines

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