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L E Lundbergforetagen AB (OSTO:LUND B) Cyclically Adjusted FCF per Share : kr24.19 (As of Mar. 2024)


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What is L E Lundbergforetagen 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.

L E Lundbergforetagen AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr1.359. 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 kr24.19 for the trailing ten years ended in Mar. 2024.

During the past 12 months, L E Lundbergforetagen AB's average Cyclically Adjusted FCF Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.60% 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 L E Lundbergforetagen AB was 11.70% per year. The lowest was 1.40% per year. And the median was 5.60% per year.

As of today (2024-06-01), L E Lundbergforetagen AB's current stock price is kr533.00. L E Lundbergforetagen AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr24.19. L E Lundbergforetagen AB's Cyclically Adjusted Price-to-FCF of today is 22.03.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of L E Lundbergforetagen AB was 36.04. The lowest was 15.76. And the median was 22.04.


L E Lundbergforetagen AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for L E Lundbergforetagen 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.

L E Lundbergforetagen AB Cyclically Adjusted FCF per Share Chart

L E Lundbergforetagen 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 17.30 17.28 18.39 21.84 24.07

L E Lundbergforetagen 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 22.44 22.88 22.33 24.07 24.19

Competitive Comparison of L E Lundbergforetagen AB's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, L E Lundbergforetagen 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.


L E Lundbergforetagen AB's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

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

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



L E Lundbergforetagen 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, L E Lundbergforetagen 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)
=1.359/132.2054*132.2054
=1.359

Current CPI (Mar. 2024) = 132.2054.

L E Lundbergforetagen AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 4.252 100.432 5.597
201409 1.209 100.161 1.596
201412 8.274 100.225 10.914
201503 2.367 99.950 3.131
201506 5.735 99.995 7.582
201509 10.281 100.228 13.561
201512 5.860 100.276 7.726
201603 1.242 100.751 1.630
201606 2.763 101.019 3.616
201609 -3.425 101.138 -4.477
201612 13.887 102.022 17.996
201703 3.541 102.022 4.589
201706 5.659 102.752 7.281
201709 -0.238 103.279 -0.305
201712 8.657 103.793 11.027
201803 -1.910 103.962 -2.429
201806 3.121 104.875 3.934
201809 1.722 105.679 2.154
201812 12.952 105.912 16.167
201903 -0.117 105.886 -0.146
201906 9.344 106.742 11.573
201909 1.190 107.214 1.467
201912 10.371 107.766 12.723
202003 -0.959 106.563 -1.190
202006 1.081 107.498 1.329
202009 0.157 107.635 0.193
202012 11.741 108.296 14.333
202103 0.798 108.360 0.974
202106 6.014 108.928 7.299
202109 1.747 110.338 2.093
202112 10.766 112.486 12.653
202203 5.458 114.825 6.284
202206 7.506 118.384 8.382
202209 2.540 122.296 2.746
202212 14.147 126.365 14.801
202303 8.519 127.042 8.865
202306 7.943 129.407 8.115
202309 -1.143 130.224 -1.160
202312 17.891 131.912 17.931
202403 1.359 132.205 1.359

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


L E Lundbergforetagen AB  (OSTO:LUND B) 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.

L E Lundbergforetagen AB's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=533.00/24.19
=22.03

* 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 L E Lundbergforetagen AB was 36.04. The lowest was 15.76. And the median was 22.04.


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.


L E Lundbergforetagen AB Cyclically Adjusted FCF per Share Related Terms

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


L E Lundbergforetagen AB (OSTO:LUND B) Business Description

Traded in Other Exchanges
Address
Hovslagargatan 5B, PO Box 14048, Stockholm, SWE, 104 40
L E Lundbergforetagen AB is an investment holding company with a long-term, activist orientation. Its portfolio includes a wholly owned unlisted real estate entity, publicly-traded subsidiaries, and other major shareholdings. Lundberg's investment objective is to generate returns on capital that over time substantially exceed the yield on a risk-free, interest-bearing instrument. Real estate operations, which the company has conducted through subsidiaries for decades, account for nearly half of the company's net asset value. Lundberg exercises activism through board representation on all of its portfolio companies. It supports its capital allocation program by maintaining low levels of indebtedness on its balance sheet.

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