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Securitas AB (OSTO:SECU B) Cyclically Adjusted Price-to-FCF : 9.13 (As of May. 26, 2024)


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

As of today (2024-05-26), Securitas AB's current share price is kr115.05. Securitas AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr12.60. Securitas AB's Cyclically Adjusted Price-to-FCF for today is 9.13.

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

OSTO:SECU B' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.81   Med: 12.64   Max: 21.27
Current: 9.13

During the past years, Securitas AB's highest Cyclically Adjusted Price-to-FCF was 21.27. The lowest was 6.81. And the median was 12.64.

OSTO:SECU B's Cyclically Adjusted Price-to-FCF is ranked better than
74.93% of 359 companies
in the Business Services industry
Industry Median: 18.39 vs OSTO:SECU B: 9.13

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.

Securitas AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr-1.112. 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 kr12.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Securitas AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Securitas 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.

Securitas AB Cyclically Adjusted Price-to-FCF Chart

Securitas 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 17.57 12.51 10.38 7.48 7.76

Securitas 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 7.93 7.38 7.22 7.76 8.76

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

For the Security & Protection Services subindustry, Securitas 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.


Securitas AB's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Securitas AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Securitas 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=115.05/12.6
=9.13

* 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.

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

For example, Securitas 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)
=-1.112/132.2054*132.2054
=-1.112

Current CPI (Mar. 2024) = 132.2054.

Securitas AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.302 100.432 1.714
201409 2.385 100.161 3.148
201412 2.854 100.225 3.765
201503 0.839 99.950 1.110
201506 1.268 99.995 1.676
201509 2.956 100.228 3.899
201512 2.600 100.276 3.428
201603 0.398 100.751 0.522
201606 1.305 101.019 1.708
201609 2.584 101.138 3.378
201612 3.213 102.022 4.164
201703 -0.617 102.022 -0.800
201706 0.895 102.752 1.152
201709 2.308 103.279 2.954
201712 4.638 103.793 5.908
201803 -3.289 103.962 -4.183
201806 2.421 104.875 3.052
201809 3.913 105.679 4.895
201812 4.560 105.912 5.692
201903 -0.077 105.886 -0.096
201906 2.868 106.742 3.552
201909 5.765 107.214 7.109
201912 4.536 107.766 5.565
202003 0.713 106.563 0.885
202006 6.792 107.498 8.353
202009 6.740 107.635 8.279
202012 4.147 108.296 5.063
202103 2.727 108.360 3.327
202106 0.859 108.928 1.043
202109 3.435 110.338 4.116
202112 5.732 112.486 6.737
202203 -0.618 114.825 -0.712
202206 2.422 118.384 2.705
202209 6.956 122.296 7.520
202212 3.180 126.365 3.327
202303 -0.099 127.042 -0.103
202306 2.218 129.407 2.266
202309 3.833 130.224 3.891
202312 7.073 131.912 7.089
202403 -1.112 132.205 -1.112

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.


Securitas AB  (OSTO:SECU B) 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.


Securitas AB Cyclically Adjusted Price-to-FCF Related Terms

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


Securitas AB (OSTO:SECU B) Business Description

Industry
Traded in Other Exchanges
Address
Lindhagensplan 70, PO Box 12307, Stockholm, SWE, SE-102 28
Securitas is an international security services, consulting, and investigation group based in Stockholm, Sweden. Its primary activities are centered on manned security, mobile security, monitoring, and risk assessment. Securitas operates in more than 50 countries and is the second-largest security firm in the world and the largest in manned guarding.

Securitas AB (OSTO:SECU B) Headlines

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