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Sogn Sparebank (OSL:SOGN) Cyclically Adjusted FCF per Share : kr150.79 (As of Mar. 2024)


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What is Sogn Sparebank 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.

Sogn Sparebank's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr-72.194. 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 kr150.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sogn Sparebank's average Cyclically Adjusted FCF Growth Rate was -29.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.40% 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 Sogn Sparebank was 10.40% per year. The lowest was 10.40% per year. And the median was 10.40% per year.

As of today (2024-05-24), Sogn Sparebank's current stock price is kr178.38. Sogn Sparebank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr150.79. Sogn Sparebank's Cyclically Adjusted Price-to-FCF of today is 1.18.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sogn Sparebank was 1.61. The lowest was 0.60. And the median was 0.90.


Sogn Sparebank Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sogn Sparebank'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.

Sogn Sparebank Cyclically Adjusted FCF per Share Chart

Sogn Sparebank 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 - 115.34 110.25 165.95 155.15

Sogn Sparebank 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 213.91 205.04 164.48 155.15 150.79

Competitive Comparison of Sogn Sparebank's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Sogn Sparebank'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.


Sogn Sparebank's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sogn Sparebank's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Sogn Sparebank 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, Sogn Sparebank'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)
=-72.194/132.6000*132.6000
=-72.194

Current CPI (Mar. 2024) = 132.6000.

Sogn Sparebank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 584.476 97.500 794.887
201409 27.567 98.500 37.110
201412 172.668 98.600 232.209
201503 74.302 99.200 99.319
201506 385.215 100.100 510.285
201509 -328.978 100.600 -433.623
201512 -50.706 100.900 -66.636
201603 -51.087 102.500 -66.089
201606 303.199 103.800 387.324
201609 -136.578 104.200 -173.803
201612 -227.782 104.400 -289.309
201703 356.735 105.000 450.505
201706 527.798 105.800 661.494
201709 -417.507 105.900 -522.771
201712 -145.965 106.100 -182.422
201803 32.444 107.300 40.094
201806 970.445 108.500 1,186.000
201809 -936.253 109.500 -1,133.764
201812 -205.619 109.800 -248.316
201903 -69.591 110.400 -83.585
201906 446.880 110.600 535.771
201909 -65.177 111.100 -77.790
201912 -231.855 111.300 -276.226
202003 -143.548 111.200 -171.173
202006 315.054 112.100 372.669
202009 -334.886 112.900 -393.320
202012 -23.019 112.900 -27.036
202103 -165.209 114.600 -191.158
202106 492.763 115.300 566.699
202109 -231.242 117.500 -260.959
202112 -90.730 118.900 -101.184
202203 80.152 119.800 88.716
202206 853.118 122.600 922.703
202209 -350.858 125.600 -370.412
202212 -333.845 125.900 -351.611
202303 345.172 127.600 358.698
202306 166.316 130.400 169.122
202309 -345.133 129.800 -352.578
202312 -59.458 131.900 -59.774
202403 -72.194 132.600 -72.194

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


Sogn Sparebank  (OSL:SOGN) 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.

Sogn Sparebank's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=178.38/150.79
=1.18

* 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 Sogn Sparebank was 1.61. The lowest was 0.60. And the median was 0.90.


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.


Sogn Sparebank Cyclically Adjusted FCF per Share Related Terms

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


Sogn Sparebank (OSL:SOGN) Business Description

Industry
Traded in Other Exchanges
N/A
Address
State Council Evensensveg 8, Årdalstangen, NOR, 6885
Sogn Sparebank operates as a local bank. It offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

Sogn Sparebank (OSL:SOGN) Headlines

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