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ABG Sundal Collier Holding ASA (OSL:ABG) Cyclically Adjusted Price-to-FCF : 7.12 (As of Jun. 11, 2024)


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What is ABG Sundal Collier Holding ASA Cyclically Adjusted Price-to-FCF?

As of today (2024-06-11), ABG Sundal Collier Holding ASA's current share price is kr6.34. ABG Sundal Collier Holding ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr0.89. ABG Sundal Collier Holding ASA's Cyclically Adjusted Price-to-FCF for today is 7.12.

The historical rank and industry rank for ABG Sundal Collier Holding ASA's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

OSL:ABG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.89   Med: 7.26   Max: 14.91
Current: 6.99

During the past years, ABG Sundal Collier Holding ASA's highest Cyclically Adjusted Price-to-FCF was 14.91. The lowest was 4.89. And the median was 7.26.

OSL:ABG's Cyclically Adjusted Price-to-FCF is ranked better than
80.91% of 241 companies
in the Capital Markets industry
Industry Median: 18.14 vs OSL:ABG: 6.99

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.

ABG Sundal Collier Holding ASA's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr0.154. 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 kr0.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ABG Sundal Collier Holding ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ABG Sundal Collier Holding ASA'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.

ABG Sundal Collier Holding ASA Cyclically Adjusted Price-to-FCF Chart

ABG Sundal Collier Holding ASA 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 7.33 9.22 10.67 6.65 8.19

ABG Sundal Collier Holding 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 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 6.91 6.43 6.38 8.19 6.84

Competitive Comparison of ABG Sundal Collier Holding ASA's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, ABG Sundal Collier Holding 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.


ABG Sundal Collier Holding ASA's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, ABG Sundal Collier Holding ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where ABG Sundal Collier Holding ASA's Cyclically Adjusted Price-to-FCF falls into.



ABG Sundal Collier Holding ASA 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.

ABG Sundal Collier Holding ASA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.34/0.89
=7.12

* 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.

ABG Sundal Collier Holding ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ABG Sundal Collier Holding 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)
=0.154/132.6000*132.6000
=0.154

Current CPI (Mar. 2024) = 132.6000.

ABG Sundal Collier Holding ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.457 97.500 0.622
201409 0.060 98.500 0.081
201412 0.224 98.600 0.301
201503 -0.211 99.200 -0.282
201506 0.012 100.100 0.016
201509 0.660 100.600 0.870
201512 0.156 100.900 0.205
201603 -0.021 102.500 -0.027
201606 -0.476 103.800 -0.608
201609 0.883 104.200 1.124
201612 0.084 104.400 0.107
201703 0.106 105.000 0.134
201706 0.756 105.800 0.948
201709 -0.449 105.900 -0.562
201712 0.456 106.100 0.570
201803 -0.259 107.300 -0.320
201806 0.230 108.500 0.281
201809 -0.139 109.500 -0.168
201812 0.084 109.800 0.101
201903 -0.065 110.400 -0.078
201906 -0.022 110.600 -0.026
201909 0.241 111.100 0.288
201912 0.586 111.300 0.698
202003 0.214 111.200 0.255
202006 0.105 112.100 0.124
202009 0.095 112.900 0.112
202012 1.829 112.900 2.148
202103 -0.540 114.600 -0.625
202106 1.379 115.300 1.586
202109 0.131 117.500 0.148
202112 0.451 118.900 0.503
202203 0.342 119.800 0.379
202206 0.178 122.600 0.193
202209 -0.456 125.600 -0.481
202212 -0.185 125.900 -0.195
202303 -0.066 127.600 -0.069
202306 -0.110 130.400 -0.112
202309 -0.017 129.800 -0.017
202312 0.513 131.900 0.516
202403 0.154 132.600 0.154

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.


ABG Sundal Collier Holding ASA  (OSL:ABG) 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.


ABG Sundal Collier Holding ASA Cyclically Adjusted Price-to-FCF Related Terms

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ABG Sundal Collier Holding ASA (OSL:ABG) Business Description

Traded in Other Exchanges
Address
Ruselokkveien 26, 8th floor, Oslo, NOR, 0251
ABG Sundal Collier Holding ASA is engaged predominantly in the Norwegian capital markets industry. There are three reporting segments representing the following product levels: Corporate Financing, M&A and Advisory and Brokerage and Research. Investment banking and capital markets activities are at the core of the business and have always been a key focus of the firm. Geographically, the company has operations in Norway, Sweden, Denmark, and International, and the majority is from Norway.