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Schibsted ASA (FRA:XPG) Cyclically Adjusted FCF per Share : €0.46 (As of Mar. 2024)


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What is Schibsted ASA Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Schibsted ASA's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.042. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €0.46 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Schibsted ASA's average Cyclically Adjusted FCF Growth Rate was -11.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -10.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -11.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Schibsted ASA was -8.10% per year. The lowest was -14.70% per year. And the median was -10.75% per year.

As of today (2024-06-10), Schibsted ASA's current stock price is €26.10. Schibsted ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.46. Schibsted ASA's Cyclically Adjusted Price-to-FCF of today is 56.74.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Schibsted ASA was 68.35. The lowest was 13.81. And the median was 29.91.


Schibsted ASA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Schibsted ASA's Cyclically Adjusted FCF per Share 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.

Schibsted ASA Cyclically Adjusted FCF per Share Chart

Schibsted ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.69 0.64 0.52 0.46

Schibsted 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 FCF per Share 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 0.54 0.53 0.52 0.46 0.46

Competitive Comparison of Schibsted ASA's Cyclically Adjusted FCF per Share

For the Publishing subindustry, Schibsted 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.


Schibsted ASA's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Schibsted ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Schibsted ASA Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Schibsted 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)
=0.042/132.6000*132.6000
=0.042

Current CPI (Mar. 2024) = 132.6000.

Schibsted ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.232 97.500 0.316
201409 0.237 98.500 0.319
201412 0.241 98.600 0.324
201503 -0.079 99.200 -0.106
201506 0.135 100.100 0.179
201509 0.113 100.600 0.149
201512 0.091 100.900 0.120
201603 0.007 102.500 0.009
201606 0.209 103.800 0.267
201609 0.016 104.200 0.020
201612 0.156 104.400 0.198
201703 -0.019 105.000 -0.024
201706 -0.011 105.800 -0.014
201709 0.188 105.900 0.235
201712 0.040 106.100 0.050
201803 0.071 107.300 0.088
201806 0.155 108.500 0.189
201809 0.169 109.500 0.205
201812 0.027 109.800 0.033
201903 0.249 110.400 0.299
201906 0.111 110.600 0.133
201909 0.263 111.100 0.314
201912 0.204 111.300 0.243
202003 0.105 111.200 0.125
202006 0.068 112.100 0.080
202009 0.165 112.900 0.194
202012 0.184 112.900 0.216
202103 0.187 114.600 0.216
202106 0.137 115.300 0.158
202109 0.147 117.500 0.166
202112 0.178 118.900 0.199
202203 -0.056 119.800 -0.062
202206 0.055 122.600 0.059
202209 0.083 125.600 0.088
202212 0.176 125.900 0.185
202303 0.082 127.600 0.085
202306 0.059 130.400 0.060
202309 0.122 129.800 0.125
202312 0.079 131.900 0.079
202403 0.042 132.600 0.042

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Schibsted ASA  (FRA:XPG) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Schibsted ASA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=26.10/0.46
=56.74

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Schibsted ASA was 68.35. The lowest was 13.81. And the median was 29.91.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Schibsted ASA Cyclically Adjusted FCF per Share Related Terms

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


Schibsted ASA (FRA:XPG) Business Description

Address
Akersgata 55, PO Box 490 Sentrum, Oslo, NOR, 0180
Schibsted ASA is a Norway-based multimedia group that owns and operates newspapers, online classified advertisement websites, publishing houses, and other multimedia services. The company's largest sources of revenue are its Norwegian and Swedish newspapers and tabloid magazines such as Verdens Gang, Aftenposten, and Aftonbladet. It also operates other regional magazines, classified websites, and local newspapers in over 25 different countries around Europe, Asia, Latin America, and Africa. Schibsted's largest newspaper operations outside of Scandinavia are based in Spain and France.

Schibsted ASA (FRA:XPG) Headlines

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