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AAK AB (OSTO:AAK) Cyclically Adjusted Price-to-FCF : 90.86 (As of Jun. 09, 2024)


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What is AAK AB Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), AAK AB's current share price is kr294.40. AAK AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr3.24. AAK AB's Cyclically Adjusted Price-to-FCF for today is 90.86.

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

OSTO:AAK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 34.35   Med: 60.23   Max: 93.07
Current: 90.96

During the past years, AAK AB's highest Cyclically Adjusted Price-to-FCF was 93.07. The lowest was 34.35. And the median was 60.23.

OSTO:AAK's Cyclically Adjusted Price-to-FCF is ranked worse than
88.25% of 715 companies
in the Consumer Packaged Goods industry
Industry Median: 23.11 vs OSTO:AAK: 90.96

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.

AAK AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr1.743. 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 kr3.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AAK AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AAK AB'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.

AAK AB Cyclically Adjusted Price-to-FCF Chart

AAK AB 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 60.77 53.49 64.03 85.15 72.57

AAK 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 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 81.29 78.37 70.17 72.57 78.60

Competitive Comparison of AAK AB's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, AAK 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.


AAK AB's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AAK AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



AAK AB 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.

AAK AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=294.40/3.24
=90.86

* 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.

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

For example, AAK 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)
=1.743/132.2054*132.2054
=1.743

Current CPI (Mar. 2024) = 132.2054.

AAK AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.663 100.432 0.873
201409 -0.205 100.161 -0.271
201412 1.954 100.225 2.578
201503 1.054 99.950 1.394
201506 0.846 99.995 1.119
201509 0.095 100.228 0.125
201512 0.937 100.276 1.235
201603 -0.824 100.751 -1.081
201606 1.285 101.019 1.682
201609 -1.576 101.138 -2.060
201612 2.041 102.022 2.645
201703 -2.215 102.022 -2.870
201706 -0.098 102.752 -0.126
201709 1.245 103.279 1.594
201712 2.179 103.793 2.775
201803 -2.073 103.962 -2.636
201806 0.871 104.875 1.098
201809 1.435 105.679 1.795
201812 1.206 105.912 1.505
201903 1.051 105.886 1.312
201906 0.920 106.742 1.139
201909 -0.376 107.214 -0.464
201912 1.358 107.766 1.666
202003 -0.336 106.563 -0.417
202006 0.338 107.498 0.416
202009 1.206 107.635 1.481
202012 3.811 108.296 4.652
202103 -0.203 108.360 -0.248
202106 0.343 108.928 0.416
202109 -0.661 110.338 -0.792
202112 0.093 112.486 0.109
202203 -5.323 114.825 -6.129
202206 -0.836 118.384 -0.934
202209 -1.172 122.296 -1.267
202212 2.238 126.365 2.341
202303 3.140 127.042 3.268
202306 5.304 129.407 5.419
202309 3.589 130.224 3.644
202312 3.626 131.912 3.634
202403 1.743 132.205 1.743

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.


AAK AB  (OSTO:AAK) 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.


AAK AB Cyclically Adjusted Price-to-FCF Related Terms

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


AAK AB (OSTO:AAK) Business Description

Traded in Other Exchanges
Address
Skrivaregatan 9, Malmo, SWE, SE-215 32
AAK AB is a Swedish refined vegetable oils producer with sales operations around the world. The company has three business segments: Food ingredients, Chocolate & confectionery fats, and Technical products & feed. The food ingredients segment provides solutions to the bakery, dairy, nutrition, plant-based, & food service industries. The Chocolate & Confectionery Fats segment mainly serves manufacturers of chocolate, spreads, & fillings products as well as customers in the personal care industry. Technical Products & Feed segment provides a growing range of specialized solutions, responding to an increased demand for natural ingredients & sustainability. The majority is from the Food ingredients segment.

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