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Harm Reduction Group (XSAT:NOHARM) Cyclically Adjusted Price-to-FCF : (As of Jun. 12, 2024)


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What is Harm Reduction Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Harm Reduction Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Harm Reduction Group'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.

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Harm Reduction Group Cyclically Adjusted Price-to-FCF Chart

Harm Reduction Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Harm Reduction Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Harm Reduction Group's Cyclically Adjusted Price-to-FCF

For the Tobacco subindustry, Harm Reduction Group'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.


Harm Reduction Group's Cyclically Adjusted Price-to-FCF Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Harm Reduction Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Harm Reduction Group's Cyclically Adjusted Price-to-FCF falls into.



Harm Reduction Group 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.

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

For example, Harm Reduction Group'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)
=-0.011/132.2054*132.2054
=-0.011

Current CPI (Mar. 2024) = 132.2054.

Harm Reduction Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 100.432 0.000
201409 -0.006 100.161 -0.008
201412 -0.142 100.225 -0.187
201503 -0.107 99.950 -0.142
201506 -0.113 99.995 -0.149
201509 -0.073 100.228 -0.096
201512 -0.083 100.276 -0.109
201603 -0.125 100.751 -0.164
201606 0.100 101.019 0.131
201609 -0.370 101.138 -0.484
201612 -0.127 102.022 -0.165
201703 -0.231 102.022 -0.299
201706 -0.192 102.752 -0.247
201709 -0.082 103.279 -0.105
201712 -0.131 103.793 -0.167
201803 -0.012 103.962 -0.015
201806 -0.135 104.875 -0.170
201809 -0.064 105.679 -0.080
201812 -0.115 105.912 -0.144
201903 -0.089 105.886 -0.111
201906 -0.058 106.742 -0.072
201909 -0.046 107.214 -0.057
201912 -0.041 107.766 -0.050
202003 -0.056 106.563 -0.069
202006 0.038 107.498 0.047
202009 0.000 107.635 0.000
202012 -0.364 108.296 -0.444
202103 -0.039 108.360 -0.048
202106 -0.012 108.928 -0.015
202109 -0.013 110.338 -0.016
202112 -0.050 112.486 -0.059
202203 0.046 114.825 0.053
202206 -0.205 118.384 -0.229
202209 -0.077 122.296 -0.083
202212 0.188 126.365 0.197
202303 0.020 127.042 0.021
202306 0.004 129.407 0.004
202309 -0.014 130.224 -0.014
202312 0.008 131.912 0.008
202403 -0.011 132.205 -0.011

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.


Harm Reduction Group  (XSAT:NOHARM) 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.


Harm Reduction Group Cyclically Adjusted Price-to-FCF Related Terms

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Harm Reduction Group (XSAT:NOHARM) Business Description

Traded in Other Exchanges
Address
Sodra Larmgatan 4, Gothenburg, SWE, 411 16
Harm Reduction Group operates in the non-smoking segment. The product range includes snus and e-cigarettes among others. It sells its products via physical stores, online stores and wholesale departments around the Nordic region.

Harm Reduction Group (XSAT:NOHARM) Headlines

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