GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Danske Andelskassers Bank A/S (OCSE:DAB) » Definitions » Cyclically Adjusted FCF per Share

Danske Andelskassers Bank A/S (OCSE:DAB) Cyclically Adjusted FCF per Share : kr0.01 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Danske Andelskassers Bank A/S 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.

Danske Andelskassers Bank A/S's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr-0.441. 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 kr0.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Danske Andelskassers Bank A/S's average Cyclically Adjusted FCF Growth Rate was -98.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -22.50% 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 Danske Andelskassers Bank A/S was -4.60% per year. The lowest was -22.50% per year. And the median was -13.55% per year.

As of today (2024-06-07), Danske Andelskassers Bank A/S's current stock price is kr12.10. Danske Andelskassers Bank A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr0.01. Danske Andelskassers Bank A/S's Cyclically Adjusted Price-to-FCF of today is 1,210.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Danske Andelskassers Bank A/S was 1276.25. The lowest was 3.10. And the median was 5.67.


Danske Andelskassers Bank A/S Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Danske Andelskassers Bank A/S'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.

Danske Andelskassers Bank A/S Cyclically Adjusted FCF per Share Chart

Danske Andelskassers Bank A/S 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 1.74 0.99 3.07 1.51 0.46

Danske Andelskassers Bank A/S 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 0.52 0.54 -0.05 0.46 0.01

Competitive Comparison of Danske Andelskassers Bank A/S's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Danske Andelskassers Bank A/S'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.


Danske Andelskassers Bank A/S's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Danske Andelskassers Bank A/S's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Danske Andelskassers Bank A/S's Cyclically Adjusted Price-to-FCF falls into.



Danske Andelskassers Bank A/S 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, Danske Andelskassers Bank A/S'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)
=-0.441/118.4000*118.4000
=-0.441

Current CPI (Mar. 2024) = 118.4000.

Danske Andelskassers Bank A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.801 99.700 -3.326
201409 0.018 99.700 0.021
201412 2.771 99.400 3.301
201503 3.030 100.200 3.580
201506 2.475 100.300 2.922
201509 -3.348 100.200 -3.956
201512 -0.116 99.800 -0.138
201603 -1.303 100.200 -1.540
201606 -0.427 100.600 -0.503
201609 0.883 100.200 1.043
201612 0.897 100.300 1.059
201703 -2.726 101.200 -3.189
201706 0.639 101.200 0.748
201709 -0.083 101.800 -0.097
201712 1.744 101.300 2.038
201803 -1.510 101.700 -1.758
201806 1.757 102.300 2.034
201809 -2.031 102.400 -2.348
201812 0.269 102.100 0.312
201903 1.093 102.900 1.258
201906 0.002 102.900 0.002
201909 1.076 102.900 1.238
201912 2.455 102.900 2.825
202003 -3.640 103.300 -4.172
202006 4.509 103.200 5.173
202009 -5.776 103.500 -6.608
202012 -0.935 103.400 -1.071
202103 4.398 104.300 4.993
202106 2.309 105.000 2.604
202109 -4.232 105.800 -4.736
202112 1.541 106.600 1.712
202203 -1.992 109.900 -2.146
202206 0.011 113.600 0.011
202209 -0.023 116.400 -0.023
202212 1.644 115.900 1.679
202303 -1.770 117.300 -1.787
202306 -1.411 116.400 -1.435
202309 -0.013 117.400 -0.013
202312 0.817 116.700 0.829
202403 -0.441 118.400 -0.441

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


Danske Andelskassers Bank A/S  (OCSE:DAB) 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.

Danske Andelskassers Bank A/S's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.10/0.01
=1,210.00

* 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 Danske Andelskassers Bank A/S was 1276.25. The lowest was 3.10. And the median was 5.67.


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.


Danske Andelskassers Bank A/S Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Danske Andelskassers Bank A/S's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Danske Andelskassers Bank A/S (OCSE:DAB) Business Description

Traded in Other Exchanges
N/A
Address
Baneskellet 1, Hammershoj, Tjele, DNK, 8830
Danske Andelskassers Bank A/S operates as a regional bank which provides various banking products and services to private, small and medium-sized business, and institutional customers in Denmark. It offers deposit products such as checking, savings and term certificate accounts, credit cards, Mortgages, loans, pensions, self-service facilities, insurance, mobile banking, Net banking, ATMs, debt management and investment advice.

Danske Andelskassers Bank A/S (OCSE:DAB) Headlines

No Headlines