GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bravida Holding AB (OSTO:BRAV) » Definitions » Cyclically Adjusted FCF per Share

Bravida Holding AB (OSTO:BRAV) Cyclically Adjusted FCF per Share : kr7.21 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Bravida Holding AB 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.

Bravida Holding AB's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr1.955. 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 kr7.21 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 (2024-06-10), Bravida Holding AB's current stock price is kr84.40. Bravida Holding AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr7.21. Bravida Holding AB's Cyclically Adjusted Price-to-FCF of today is 11.71.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Bravida Holding AB was 13.19. The lowest was 9.70. And the median was 11.22.


Bravida Holding AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bravida Holding AB'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.

Bravida Holding AB Cyclically Adjusted FCF per Share Chart

Bravida Holding AB 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 - - - - 7.17

Bravida Holding AB 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 - - - 7.17 7.21

Competitive Comparison of Bravida Holding AB's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, Bravida Holding AB'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.


Bravida Holding AB's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bravida Holding AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Bravida Holding AB's Cyclically Adjusted Price-to-FCF falls into.



Bravida Holding AB 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, Bravida Holding AB'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)
=1.955/132.2054*132.2054
=1.955

Current CPI (Mar. 2024) = 132.2054.

Bravida Holding AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.248 100.432 0.326
201409 -0.785 100.161 -1.036
201412 2.470 100.225 3.258
201503 1.434 99.950 1.897
201506 0.293 99.995 0.387
201509 -0.997 100.228 -1.315
201512 3.448 100.276 4.546
201603 0.064 100.751 0.084
201606 0.283 101.019 0.370
201609 -0.283 101.138 -0.370
201612 2.055 102.022 2.663
201703 1.892 102.022 2.452
201706 0.746 102.752 0.960
201709 -0.716 103.279 -0.917
201712 3.182 103.793 4.053
201803 0.287 103.962 0.365
201806 1.595 104.875 2.011
201809 -0.660 105.679 -0.826
201812 3.941 105.912 4.919
201903 2.047 105.886 2.556
201906 0.648 106.742 0.803
201909 0.320 107.214 0.395
201912 4.836 107.766 5.933
202003 2.743 106.563 3.403
202006 3.579 107.498 4.402
202009 0.049 107.635 0.060
202012 4.228 108.296 5.161
202103 0.710 108.360 0.866
202106 1.566 108.928 1.901
202109 -0.686 110.338 -0.822
202112 5.433 112.486 6.385
202203 1.667 114.825 1.919
202206 0.303 118.384 0.338
202209 0.383 122.296 0.414
202212 5.402 126.365 5.652
202303 0.294 127.042 0.306
202306 0.656 129.407 0.670
202309 -1.034 130.224 -1.050
202312 6.971 131.912 6.987
202403 1.955 132.205 1.955

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


Bravida Holding AB  (OSTO:BRAV) 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.

Bravida Holding AB's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=84.40/7.21
=11.71

* 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 Bravida Holding AB was 13.19. The lowest was 9.70. And the median was 11.22.


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.


Bravida Holding AB Cyclically Adjusted FCF per Share Related Terms

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


Bravida Holding AB (OSTO:BRAV) Business Description

Industry
Traded in Other Exchanges
Address
Mikrofonvagen 28, Stockholm, SWE, 126 81
Bravida Holding AB is a provider of installation and services for real estate and facilities in the Nordic region. Its services deliver energy, heating, cooling, water, and air components to properties, and help provide an environment suited to customer preferences. Technological systems and maintenance can modernize buildings and help to extend sustainable solutions. Revenue is roughly split between Bravida's two primary business divisions: installation and service. The combination of the two business activities allows the company to work with customers throughout the lifecycle of a property. It attempts to create long-term solutions and perform scheduled maintenance to ensure quality and monitor progress.

Bravida Holding AB (OSTO:BRAV) Headlines