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Scandinavian Tobacco Group A/S (OCSE:STG) Cyclically Adjusted Price-to-FCF : 8.04 (As of May. 26, 2024)


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What is Scandinavian Tobacco Group A/S Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Scandinavian Tobacco Group A/S's current share price is kr96.60. Scandinavian Tobacco Group A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr12.01. Scandinavian Tobacco Group A/S's Cyclically Adjusted Price-to-FCF for today is 8.04.

The historical rank and industry rank for Scandinavian Tobacco Group A/S's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

OCSE:STG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.04   Med: 9.92   Max: 10.31
Current: 8.05

During the past years, Scandinavian Tobacco Group A/S's highest Cyclically Adjusted Price-to-FCF was 10.31. The lowest was 8.04. And the median was 9.92.

OCSE:STG's Cyclically Adjusted Price-to-FCF is ranked better than
62.5% of 24 companies
in the Tobacco Products industry
Industry Median: 10.395 vs OCSE:STG: 8.05

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.

Scandinavian Tobacco Group A/S's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr-1.505. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is kr12.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Scandinavian Tobacco Group A/S Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Scandinavian Tobacco Group A/S's Cyclically Adjusted Price-to-FCF 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.

Scandinavian Tobacco Group A/S Cyclically Adjusted Price-to-FCF Chart

Scandinavian Tobacco Group A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 9.52

Scandinavian Tobacco Group A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 - - - 9.52 10.31

Competitive Comparison of Scandinavian Tobacco Group A/S's Cyclically Adjusted Price-to-FCF

For the Tobacco subindustry, Scandinavian Tobacco Group A/S'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.


Scandinavian Tobacco Group A/S's Cyclically Adjusted Price-to-FCF Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Scandinavian Tobacco Group A/S's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Scandinavian Tobacco Group A/S's Cyclically Adjusted Price-to-FCF falls into.



Scandinavian Tobacco Group A/S Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Scandinavian Tobacco Group A/S's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=96.60/12.01
=8.04

* 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.

Scandinavian Tobacco Group A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Scandinavian Tobacco Group A/S'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)
=-1.505/118.4000*118.4000
=-1.505

Current CPI (Mar. 2024) = 118.4000.

Scandinavian Tobacco Group A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 99.000 0.000
201409 0.000 99.700 0.000
201412 0.000 99.400 0.000
201503 -0.160 100.200 -0.189
201506 3.278 100.300 3.870
201509 4.213 100.200 4.978
201512 3.312 99.800 3.929
201603 -2.109 100.200 -2.492
201606 3.682 100.600 4.333
201609 6.115 100.200 7.226
201612 3.436 100.300 4.056
201703 0.428 101.200 0.501
201706 2.546 101.200 2.979
201709 3.405 101.800 3.960
201712 2.922 101.300 3.415
201803 -0.804 101.700 -0.936
201806 2.158 102.300 2.498
201809 3.230 102.400 3.735
201812 2.093 102.100 2.427
201903 0.679 102.900 0.781
201906 2.358 102.900 2.713
201909 4.964 102.900 5.712
201912 3.642 102.900 4.191
202003 1.157 103.300 1.326
202006 4.171 103.200 4.785
202009 6.152 103.500 7.038
202012 2.366 103.400 2.709
202103 0.880 104.300 0.999
202106 4.444 105.000 5.011
202109 5.839 105.800 6.534
202112 2.689 106.600 2.987
202203 1.336 109.900 1.439
202206 1.515 113.600 1.579
202209 5.052 116.400 5.139
202212 3.167 115.900 3.235
202303 -2.103 117.300 -2.123
202306 1.800 116.400 1.831
202309 7.053 117.400 7.113
202312 5.188 116.700 5.264
202403 -1.505 118.400 -1.505

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


Scandinavian Tobacco Group A/S  (OCSE:STG) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Scandinavian Tobacco Group A/S Cyclically Adjusted Price-to-FCF Related Terms

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Scandinavian Tobacco Group A/S (OCSE:STG) Business Description

Traded in Other Exchanges
Address
Sandtoften 9, Gentofte, DNK, 2820
Scandinavian Tobacco Group offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which primarily sells handmade cigars and accessories in stores and online; North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland. The largest portion of the firm's revenue comes from the Europe branded segment.