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Aega ASA (OSL:AEGA) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Aega ASA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aega ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aega 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.

Aega ASA Cyclically Adjusted Price-to-FCF Chart

Aega 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 - - 0.19 0.16 0.08

Aega 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 2.10 0.25 0.12 0.08 -

Competitive Comparison of Aega ASA's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Aega 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.


Aega ASA's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Aega ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Aega 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.

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

For example, Aega 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)
=0.084/132.6000*132.6000
=0.084

Current CPI (Mar. 2024) = 132.6000.

Aega ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 8.905 97.500 12.111
201409 0.973 98.500 1.310
201412 -20.762 98.600 -27.921
201503 -0.047 99.200 -0.063
201506 1.190 100.100 1.576
201509 -1.170 100.600 -1.542
201512 5.009 100.900 6.583
201603 -0.308 102.500 -0.398
201606 0.130 103.800 0.166
201609 0.015 104.200 0.019
201612 -0.895 104.400 -1.137
201703 -0.027 105.000 -0.034
201706 0.103 105.800 0.129
201709 0.078 105.900 0.098
201712 -0.749 106.100 -0.936
201803 0.422 107.300 0.522
201806 -0.700 108.500 -0.855
201809 0.601 109.500 0.728
201812 0.487 109.800 0.588
201903 0.009 110.400 0.011
201906 0.194 110.600 0.233
201909 -0.581 111.100 -0.693
201912 -0.083 111.300 -0.099
202003 0.641 111.200 0.764
202006 -0.196 112.100 -0.232
202009 -0.444 112.900 -0.521
202012 0.102 112.900 0.120
202103 0.054 114.600 0.062
202106 0.054 115.300 0.062
202109 -0.143 117.500 -0.161
202112 0.028 118.900 0.031
202203 0.067 119.800 0.074
202206 0.070 122.600 0.076
202209 0.167 125.600 0.176
202212 -0.198 125.900 -0.209
202303 0.291 127.600 0.302
202306 -0.042 130.400 -0.043
202309 0.135 129.800 0.138
202312 0.230 131.900 0.231
202403 0.084 132.600 0.084

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.


Aega ASA  (OSL:AEGA) 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.


Aega ASA Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Aega ASA's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Aega ASA (OSL:AEGA) Business Description

Traded in Other Exchanges
N/A
Address
Thunes vei 2, Oslo, NOR, 0274
Aega ASA is a company, which is focused on the renewable energy sector. It is active as a solar utility company that acquires and operates solar power plants. The firm has its operating offices in Oslo, Norway, and Trento, Italy. It owns a portfolio of several individual solar parks in the Umbria, Lazio, Abruzzo, Emilia-Romagna, and Lombardia regions in Italy.

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