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Creades AB (OSTO:CRED A) Cyclically Adjusted FCF per Share : kr0.32 (As of Mar. 2024)


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What is Creades 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.

Creades AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr0.088. 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 kr0.32 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 (2024-06-09), Creades AB's current stock price is kr73.30. Creades AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr0.32. Creades AB's Cyclically Adjusted Price-to-FCF of today is 229.06.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Creades AB was 1166.88. The lowest was 206.72. And the median was 626.75.


Creades AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Creades 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.

Creades AB Cyclically Adjusted FCF per Share Chart

Creades 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 - - -0.05 -0.11 0.26

Creades 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 -0.12 0.11 0.10 0.26 0.32

Competitive Comparison of Creades AB's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Creades 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.


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

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

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



Creades 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, Creades 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)
=0.088/132.2054*132.2054
=0.088

Current CPI (Mar. 2024) = 132.2054.

Creades AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.254 100.432 0.334
201409 -0.021 100.161 -0.028
201412 -0.007 100.225 -0.009
201503 0.148 99.950 0.196
201506 -0.223 99.995 -0.295
201509 0.084 100.228 0.111
201512 0.436 100.276 0.575
201603 -0.176 100.751 -0.231
201606 0.000 101.019 0.000
201609 -0.866 101.138 -1.132
201612 0.313 102.022 0.406
201703 0.080 102.022 0.104
201706 0.176 102.752 0.226
201709 -0.064 103.279 -0.082
201712 0.072 103.793 0.092
201803 0.088 103.962 0.112
201806 0.072 104.875 0.091
201809 -0.080 105.679 -0.100
201812 0.152 105.912 0.190
201903 0.289 105.886 0.361
201906 -0.152 106.742 -0.188
201909 -0.040 107.214 -0.049
201912 -0.313 107.766 -0.384
202003 0.529 106.563 0.656
202006 -0.088 107.498 -0.108
202009 -0.040 107.635 -0.049
202012 -0.273 108.296 -0.333
202103 0.152 108.360 0.185
202106 0.055 108.928 0.067
202109 0.258 110.338 0.309
202112 0.206 112.486 0.242
202203 -0.796 114.825 -0.916
202206 3.065 118.384 3.423
202209 -1.687 122.296 -1.824
202212 -0.405 126.365 -0.424
202303 -0.029 127.042 -0.030
202306 0.877 129.407 0.896
202309 0.714 130.224 0.725
202312 -0.059 131.912 -0.059
202403 0.088 132.205 0.088

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


Creades AB  (OSTO:CRED A) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=73.30/0.32
=229.06

* 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 Creades AB was 1166.88. The lowest was 206.72. And the median was 626.75.


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.


Creades AB Cyclically Adjusted FCF per Share Related Terms

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


Creades AB (OSTO:CRED A) Business Description

Industry
Traded in Other Exchanges
Address
Box 55900, Stockholm, SWE, 10216
Creades AB is a Sweden based investment company. It invests in small and medium-sized public and private companies that both have the potential for revaluation and the potential for underlying value creation. The company's principal investment strategy is to act as an engaged owner and create shareholder value through operational, structural and financial change initiatives.

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