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Bure Equity AB (OSTO:BURE) Cyclically Adjusted FCF per Share : kr7.37 (As of Mar. 2024)


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What is Bure Equity AB 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.

Bure Equity AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr0.511. 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 kr7.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bure Equity AB's average Cyclically Adjusted FCF Growth Rate was 36.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 34.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 32.10% 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 Bure Equity AB was 39.80% per year. The lowest was 20.00% per year. And the median was 28.75% per year.

As of today (2024-06-07), Bure Equity AB's current stock price is kr369.60. Bure Equity AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr7.37. Bure Equity AB's Cyclically Adjusted Price-to-FCF of today is 50.15.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bure Equity AB was 113.87. The lowest was 34.30. And the median was 60.53.


Bure Equity AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bure Equity AB'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.

Bure Equity AB Cyclically Adjusted FCF per Share Chart

Bure Equity AB 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 2.88 3.01 4.48 5.35 7.34

Bure Equity 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 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 5.42 5.64 6.19 7.34 7.37

Competitive Comparison of Bure Equity AB's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Bure Equity 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.


Bure Equity AB's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



Bure Equity AB 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, Bure Equity 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)
=0.511/132.2054*132.2054
=0.511

Current CPI (Mar. 2024) = 132.2054.

Bure Equity AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.316 100.432 0.416
201409 1.240 100.161 1.637
201412 0.706 100.225 0.931
201503 -0.079 99.950 -0.104
201506 -0.184 99.995 -0.243
201509 2.844 100.228 3.751
201512 5.675 100.276 7.482
201603 0.175 100.751 0.230
201606 2.057 101.019 2.692
201609 -0.007 101.138 -0.009
201612 0.226 102.022 0.293
201703 -0.033 102.022 -0.043
201706 3.749 102.752 4.824
201709 0.110 103.279 0.141
201712 -0.114 103.793 -0.145
201803 -0.258 103.962 -0.328
201806 1.416 104.875 1.785
201809 -0.007 105.679 -0.009
201812 -0.710 105.912 -0.886
201903 8.886 105.886 11.095
201906 1.183 106.742 1.465
201909 0.199 107.214 0.245
201912 -0.141 107.766 -0.173
202003 0.097 106.563 0.120
202006 -0.063 107.498 -0.077
202009 1.038 107.635 1.275
202012 -0.432 108.296 -0.527
202103 5.260 108.360 6.418
202106 4.734 108.928 5.746
202109 3.291 110.338 3.943
202112 -0.054 112.486 -0.063
202203 1.605 114.825 1.848
202206 0.850 118.384 0.949
202209 -0.162 122.296 -0.175
202212 0.094 126.365 0.098
202303 0.566 127.042 0.589
202306 1.455 129.407 1.486
202309 5.185 130.224 5.264
202312 11.196 131.912 11.221
202403 0.511 132.205 0.511

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


Bure Equity AB  (OSTO:BURE) 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.

Bure Equity AB's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=369.60/7.37
=50.15

* 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 Bure Equity AB was 113.87. The lowest was 34.30. And the median was 60.53.


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.


Bure Equity AB Cyclically Adjusted FCF per Share Related Terms

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


Bure Equity AB (OSTO:BURE) Business Description

Traded in Other Exchanges
Address
Nybrogatan 6, Stockholm, SWE, SE-114 34
Bure Equity AB is a Sweden-based investment company. The foundation of the company's business model is far-reaching engagement and a strong presence in the portfolio companies. The company specializes in long-term owning, developing, as well as disposing of listed and unlisted operating entities. Bure's objectives are to be a profitable investment for shareholders and to be a competitive investment alternative in the market.

Bure Equity AB (OSTO:BURE) Headlines

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