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Investment AB Latour (OSTO:LATO B) Cyclically Adjusted FCF per Share : kr3.05 (As of Mar. 2024)


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What is Investment AB Latour 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.

Investment AB Latour's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr0.982. 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 kr3.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Investment AB Latour's average Cyclically Adjusted FCF Growth Rate was 29.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 18.40% 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 Investment AB Latour was 20.80% per year. The lowest was 16.00% per year. And the median was 17.50% per year.

As of today (2024-05-24), Investment AB Latour's current stock price is kr304.40. Investment AB Latour's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr3.05. Investment AB Latour's Cyclically Adjusted Price-to-FCF of today is 99.80.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Investment AB Latour was 196.92. The lowest was 68.93. And the median was 103.63.


Investment AB Latour Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Investment AB Latour'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.

Investment AB Latour Cyclically Adjusted FCF per Share Chart

Investment AB Latour 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 1.38 1.65 1.92 2.24 2.93

Investment AB Latour 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 2.34 2.50 2.70 2.93 3.05

Competitive Comparison of Investment AB Latour's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Investment AB Latour'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.


Investment AB Latour's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Investment AB Latour's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Investment AB Latour 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, Investment AB Latour'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)
=0.982/132.2054*132.2054
=0.982

Current CPI (Mar. 2024) = 132.2054.

Investment AB Latour Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.270 100.432 0.355
201409 0.186 100.161 0.246
201412 0.398 100.225 0.525
201503 0.108 99.950 0.143
201506 0.173 99.995 0.229
201509 0.290 100.228 0.383
201512 0.576 100.276 0.759
201603 0.083 100.751 0.109
201606 0.272 101.019 0.356
201609 0.239 101.138 0.312
201612 0.679 102.022 0.880
201703 0.220 102.022 0.285
201706 0.240 102.752 0.309
201709 0.287 103.279 0.367
201712 0.699 103.793 0.890
201803 -0.030 103.962 -0.038
201806 0.195 104.875 0.246
201809 0.700 105.679 0.876
201812 0.871 105.912 1.087
201903 0.310 105.886 0.387
201906 0.699 106.742 0.866
201909 0.725 107.214 0.894
201912 1.083 107.766 1.329
202003 0.145 106.563 0.180
202006 1.121 107.498 1.379
202009 0.862 107.635 1.059
202012 1.512 108.296 1.846
202103 0.369 108.360 0.450
202106 0.817 108.928 0.992
202109 0.508 110.338 0.609
202112 1.083 112.486 1.273
202203 -0.224 114.825 -0.258
202206 0.348 118.384 0.389
202209 0.596 122.296 0.644
202212 1.764 126.365 1.846
202303 1.088 127.042 1.132
202306 1.610 129.407 1.645
202309 1.989 130.224 2.019
202312 2.493 131.912 2.499
202403 0.982 132.205 0.982

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


Investment AB Latour  (OSTO:LATO B) 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.

Investment AB Latour's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=304.40/3.05
=99.80

* 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 Investment AB Latour was 196.92. The lowest was 68.93. And the median was 103.63.


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.


Investment AB Latour Cyclically Adjusted FCF per Share Related Terms

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


Investment AB Latour (OSTO:LATO B) Business Description

Traded in Other Exchanges
Address
J A Wettergrens Gata 7, P.O. Box 336, Gothenburg, SWE, 401 25
Investment AB Latour is an investment holding company that makes investments in wholly owned industrial operations and a portfolio of securities. Latour has a long-term and activist orientation, with the vast majority of its total net asset value deriving from companies that have been in its portfolio for more than 20 years. The company measures its performance against its benchmark, the Stockholm Stock Exchange's total return index. Its criterion is to invest in companies that have their own products that meet growing international demand. Latour specifically evaluates four trends: demographic development, sustainability, globalization, and competition for limited resources.

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