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Securitas AB (FRA:S7MB) Cyclically Adjusted Price-to-FCF : 8.69 (As of May. 22, 2024)


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What is Securitas AB Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Securitas AB's current share price is €9.472. Securitas AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.09. Securitas AB's Cyclically Adjusted Price-to-FCF for today is 8.69.

The historical rank and industry rank for Securitas AB's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:S7MB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.81   Med: 12.64   Max: 21.27
Current: 8.69

During the past years, Securitas AB's highest Cyclically Adjusted Price-to-FCF was 21.27. The lowest was 6.81. And the median was 12.64.

FRA:S7MB's Cyclically Adjusted Price-to-FCF is ranked better than
75.41% of 362 companies
in the Business Services industry
Industry Median: 18.255 vs FRA:S7MB: 8.69

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.

Securitas AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.098. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €1.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Securitas AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Securitas AB's Cyclically Adjusted Price-to-FCF 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.

Securitas AB Cyclically Adjusted Price-to-FCF Chart

Securitas AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.57 12.51 10.38 7.48 7.76

Securitas 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 Price-to-FCF 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 7.93 7.38 7.22 7.76 8.76

Competitive Comparison of Securitas AB's Cyclically Adjusted Price-to-FCF

For the Security & Protection Services subindustry, Securitas 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.


Securitas AB's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Securitas AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Securitas AB Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Securitas AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.472/1.09
=8.69

* 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.

Securitas AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Securitas 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)
=-0.098/132.2054*132.2054
=-0.098

Current CPI (Mar. 2024) = 132.2054.

Securitas AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.143 100.432 0.188
201409 0.260 100.161 0.343
201412 0.303 100.225 0.400
201503 0.091 99.950 0.120
201506 0.137 99.995 0.181
201509 0.315 100.228 0.416
201512 0.281 100.276 0.370
201603 0.043 100.751 0.056
201606 0.140 101.019 0.183
201609 0.270 101.138 0.353
201612 0.331 102.022 0.429
201703 -0.065 102.022 -0.084
201706 0.092 102.752 0.118
201709 0.242 103.279 0.310
201712 0.467 103.793 0.595
201803 -0.324 103.962 -0.412
201806 0.235 104.875 0.296
201809 0.375 105.679 0.469
201812 0.444 105.912 0.554
201903 -0.007 105.886 -0.009
201906 0.270 106.742 0.334
201909 0.539 107.214 0.665
201912 0.433 107.766 0.531
202003 0.066 106.563 0.082
202006 0.648 107.498 0.797
202009 0.646 107.635 0.793
202012 0.408 108.296 0.498
202103 0.268 108.360 0.327
202106 0.085 108.928 0.103
202109 0.338 110.338 0.405
202112 0.558 112.486 0.656
202203 -0.059 114.825 -0.068
202206 0.228 118.384 0.255
202209 0.644 122.296 0.696
202212 0.289 126.365 0.302
202303 -0.009 127.042 -0.009
202306 0.190 129.407 0.194
202309 0.324 130.224 0.329
202312 0.632 131.912 0.633
202403 -0.098 132.205 -0.098

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


Securitas AB  (FRA:S7MB) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Securitas AB Cyclically Adjusted Price-to-FCF Related Terms

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


Securitas AB (FRA:S7MB) Business Description

Industry
Address
Lindhagensplan 70, PO Box 12307, Stockholm, SWE, SE-102 28
Securitas is an international security services, consulting, and investigation group based in Stockholm, Sweden. Its primary activities are centered on manned security, mobile security, monitoring, and risk assessment. Securitas operates in more than 50 countries and is the second-largest security firm in the world and the largest in manned guarding.

Securitas AB (FRA:S7MB) Headlines

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