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Pihlajalinna Oyj (OHEL:PIHLIS) Cyclically Adjusted FCF per Share : €1.53 (As of Mar. 2024)


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What is Pihlajalinna Oyj 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.

Pihlajalinna Oyj's adjusted free cash flow per share for the three months ended in Mar. 2024 was €1.245. 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 €1.53 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-08), Pihlajalinna Oyj's current stock price is €9.40. Pihlajalinna Oyj's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.53. Pihlajalinna Oyj's Cyclically Adjusted Price-to-FCF of today is 6.14.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Pihlajalinna Oyj was 6.96. The lowest was 4.96. And the median was 5.66.


Pihlajalinna Oyj Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Pihlajalinna Oyj'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.

Pihlajalinna Oyj Cyclically Adjusted FCF per Share Chart

Pihlajalinna Oyj 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 - - - - 1.40

Pihlajalinna Oyj 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 - 1.35 1.33 1.40 1.53

Competitive Comparison of Pihlajalinna Oyj's Cyclically Adjusted FCF per Share

For the Medical Care Facilities subindustry, Pihlajalinna Oyj'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.


Pihlajalinna Oyj's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Pihlajalinna Oyj's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Pihlajalinna Oyj 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, Pihlajalinna Oyj'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)
=1.245/122.3600*122.3600
=1.245

Current CPI (Mar. 2024) = 122.3600.

Pihlajalinna Oyj Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.142 100.147 -0.173
201409 -0.225 100.726 -0.273
201412 0.166 100.229 0.203
201503 0.269 100.120 0.329
201506 -0.013 100.030 -0.016
201509 0.005 100.130 0.006
201512 0.263 99.990 0.322
201603 0.631 100.080 0.771
201606 -0.281 100.390 -0.342
201609 0.422 100.540 0.514
201612 0.558 101.020 0.676
201703 0.587 100.910 0.712
201706 -0.034 101.140 -0.041
201709 0.053 101.320 0.064
201712 0.597 101.510 0.720
201803 -0.095 101.730 -0.114
201806 -0.027 102.320 -0.032
201809 0.234 102.600 0.279
201812 0.842 102.710 1.003
201903 -0.031 102.870 -0.037
201906 0.363 103.360 0.430
201909 -0.049 103.540 -0.058
201912 0.669 103.650 0.790
202003 0.858 103.490 1.014
202006 0.261 103.320 0.309
202009 -0.208 103.710 -0.245
202012 0.731 103.890 0.861
202103 0.337 104.870 0.393
202106 0.411 105.360 0.477
202109 0.270 106.290 0.311
202112 0.845 107.490 0.962
202203 0.235 110.950 0.259
202206 0.655 113.570 0.706
202209 0.049 114.920 0.052
202212 0.654 117.320 0.682
202303 0.328 119.750 0.335
202306 1.051 120.690 1.066
202309 0.115 121.280 0.116
202312 0.990 121.540 0.997
202403 1.245 122.360 1.245

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


Pihlajalinna Oyj  (OHEL:PIHLIS) 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.

Pihlajalinna Oyj's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.40/1.53
=6.14

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of Pihlajalinna Oyj was 6.96. The lowest was 4.96. And the median was 5.66.


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.


Pihlajalinna Oyj Cyclically Adjusted FCF per Share Related Terms

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


Pihlajalinna Oyj (OHEL:PIHLIS) Business Description

Traded in Other Exchanges
Address
Kehrasaari B, Tampere, FIN, 33200
Pihlajalinna Oyj is a private provider of healthcare and wellbeing services in Finland. The company is engaged in the business of providing healthcare and social care services to municipalities, hospital districts, companies, insurance companies, and private persons. The service selection includes general practitioner and medical specialist services, occupational healthcare, social and healthcare outsourcing, fitness center services, responsible doctor, and remote consultation services as well as residential services and staffing services.

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