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DFDS A/S (OCSE:DFDS) Cyclically Adjusted FCF per Share : kr22.37 (As of Mar. 2024)


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What is DFDS 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.

DFDS A/S's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr-1.976. 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 kr22.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, DFDS A/S's average Cyclically Adjusted FCF Growth Rate was 13.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.40% 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 DFDS A/S was 19.00% per year. The lowest was 8.50% per year. And the median was 12.45% per year.

As of today (2024-05-26), DFDS A/S's current stock price is kr210.60. DFDS A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr22.37. DFDS A/S's Cyclically Adjusted Price-to-FCF of today is 9.41.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of DFDS A/S was 40.68. The lowest was 8.94. And the median was 20.29.


DFDS A/S Cyclically Adjusted FCF per Share Historical Data

The historical data trend for DFDS 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.

DFDS A/S Cyclically Adjusted FCF per Share Chart

DFDS 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 13.25 13.11 15.64 19.06 22.11

DFDS 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 19.80 21.17 21.97 22.11 22.37

Competitive Comparison of DFDS A/S's Cyclically Adjusted FCF per Share

For the Marine Shipping subindustry, DFDS 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.


DFDS A/S's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, DFDS A/S's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



DFDS 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, DFDS 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)
=-1.976/118.4000*118.4000
=-1.976

Current CPI (Mar. 2024) = 118.4000.

DFDS A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.874 99.700 3.413
201409 3.392 99.700 4.028
201412 -1.385 99.400 -1.650
201503 1.206 100.200 1.425
201506 7.235 100.300 8.541
201509 10.079 100.200 11.910
201512 4.952 99.800 5.875
201603 1.288 100.200 1.522
201606 4.940 100.600 5.814
201609 11.341 100.200 13.401
201612 5.741 100.300 6.777
201703 2.857 101.200 3.343
201706 -3.988 101.200 -4.666
201709 11.795 101.800 13.718
201712 8.301 101.300 9.702
201803 2.925 101.700 3.405
201806 8.413 102.300 9.737
201809 9.286 102.400 10.737
201812 -2.527 102.100 -2.930
201903 -3.449 102.900 -3.969
201906 3.278 102.900 3.772
201909 5.419 102.900 6.235
201912 0.748 102.900 0.861
202003 -4.524 103.300 -5.185
202006 3.164 103.200 3.630
202009 7.010 103.500 8.019
202012 8.616 103.400 9.866
202103 1.494 104.300 1.696
202106 12.552 105.000 14.154
202109 15.763 105.800 17.640
202112 -2.342 106.600 -2.601
202203 -4.042 109.900 -4.355
202206 16.218 113.600 16.903
202209 8.182 116.400 8.323
202212 8.297 115.900 8.476
202303 7.189 117.300 7.256
202306 14.283 116.400 14.528
202309 12.898 117.400 13.008
202312 3.264 116.700 3.312
202403 -1.976 118.400 -1.976

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


DFDS A/S  (OCSE:DFDS) 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.

DFDS 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
=210.60/22.37
=9.41

* 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 DFDS A/S was 40.68. The lowest was 8.94. And the median was 20.29.


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.


DFDS A/S Cyclically Adjusted FCF per Share Related Terms

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


DFDS A/S (OCSE:DFDS) Business Description

Industry
Traded in Other Exchanges
Address
Marmorvej 18, Copenhagen, DNK, DK-2100
DFDS A/S is a transportation and logistics company domiciled in Denmark. The two main divisions are the ferry division and the logistics division. The ferry division operates ferry routes around Europe transporting freight, passenger, and passenger cruise ferries. The logistics division provides transport solutions for full and part loads as well as contracts logistics solutions, including warehousing. Its main customers include manufacturers of industrial goods. The company generates the most revenue from the ferry division. It has a presence in geographical markets such as the North Sea, Baltic Sea, English Channel, Mediterranean, continental Europe, Nordic nations, and United Kingdom/Ireland.

DFDS A/S (OCSE:DFDS) Headlines

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