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AKVA Group ASA (OSL:AKVA) Cyclically Adjusted Price-to-FCF : 27.20 (As of Jun. 08, 2024)


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What is AKVA Group ASA Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), AKVA Group ASA's current share price is kr65.00. AKVA Group ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr2.39. AKVA Group ASA's Cyclically Adjusted Price-to-FCF for today is 27.20.

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

OSL:AKVA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.25   Med: 30.1   Max: 42.58
Current: 27.25

During the past years, AKVA Group ASA's highest Cyclically Adjusted Price-to-FCF was 42.58. The lowest was 14.25. And the median was 30.10.

OSL:AKVA's Cyclically Adjusted Price-to-FCF is ranked worse than
54.55% of 99 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 25.54 vs OSL:AKVA: 27.25

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.

AKVA Group ASA's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr-4.872. 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 kr2.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AKVA Group ASA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AKVA Group 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.

AKVA Group ASA Cyclically Adjusted Price-to-FCF Chart

AKVA Group 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 35.83 37.03 28.61 17.89 19.71

AKVA Group 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 18.90 24.16 26.97 19.71 29.26

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

For the Farm & Heavy Construction Machinery subindustry, AKVA Group 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.


AKVA Group ASA's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, AKVA Group ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



AKVA Group 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.

AKVA Group ASA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=65.00/2.39
=27.20

* 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.

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

For example, AKVA Group 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)
=-4.872/132.6000*132.6000
=-4.872

Current CPI (Mar. 2024) = 132.6000.

AKVA Group ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.413 97.500 0.562
201409 2.261 98.500 3.044
201412 -0.108 98.600 -0.145
201503 0.622 99.200 0.831
201506 0.874 100.100 1.158
201509 1.913 100.600 2.522
201512 0.314 100.900 0.413
201603 2.442 102.500 3.159
201606 -0.274 103.800 -0.350
201609 -0.641 104.200 -0.816
201612 3.195 104.400 4.058
201703 -2.250 105.000 -2.841
201706 1.192 105.800 1.494
201709 1.312 105.900 1.643
201712 -0.911 106.100 -1.139
201803 2.586 107.300 3.196
201806 -1.572 108.500 -1.921
201809 0.024 109.500 0.029
201812 0.841 109.800 1.016
201903 3.362 110.400 4.038
201906 -4.157 110.600 -4.984
201909 1.911 111.100 2.281
201912 0.954 111.300 1.137
202003 -3.045 111.200 -3.631
202006 6.331 112.100 7.489
202009 0.849 112.900 0.997
202012 3.221 112.900 3.783
202103 -0.060 114.600 -0.069
202106 -2.441 115.300 -2.807
202109 1.810 117.500 2.043
202112 0.089 118.900 0.099
202203 -0.552 119.800 -0.611
202206 -2.652 122.600 -2.868
202209 6.362 125.600 6.717
202212 -1.688 125.900 -1.778
202303 -1.275 127.600 -1.325
202306 -1.385 130.400 -1.408
202309 1.600 129.800 1.635
202312 2.069 131.900 2.080
202403 -4.872 132.600 -4.872

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.


AKVA Group ASA  (OSL:AKVA) 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.


AKVA Group ASA Cyclically Adjusted Price-to-FCF Related Terms

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


AKVA Group ASA (OSL:AKVA) Business Description

Traded in Other Exchanges
Address
Svanavågveien 30, Egersund, NOR, N-4374
AKVA Group ASA is a technology and service partner in the aquaculture industry. The company has three operating segments; Sea-Based Technology includes products like feed barges, fish farming cages, feed systems, nets, sensors, cameras, light systems, net cleaning systems, and remotely operating vehicles, Land Based Technology includes Recirculation technology that allows the re-use of the water by cleaning the water and restoring important water quality parameters, using water treatment technology, and Digital includes products like FishtalkTM, AKVAconnect, and Observe. The FishtalkTM software includes brands such as Production control, planning, traceability, and ERP software for both the aquaculture and the fishing industry.

AKVA Group ASA (OSL:AKVA) Headlines

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