GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Securitas AB (OTCPK:SCTBF) » Definitions » Cyclically Adjusted Price-to-FCF

Securitas AB (Securitas AB) Cyclically Adjusted Price-to-FCF : 7.80 (As of Apr. 27, 2024)


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

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

As of today (2024-04-27), Securitas AB's current share price is $9.75. Securitas AB's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.25. Securitas AB's Cyclically Adjusted Price-to-FCF for today is 7.80.

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

SCTBF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.81   Med: 12.7   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 12.70.

SCTBF's Cyclically Adjusted Price-to-FCF is ranked better than
75.56% of 356 companies
in the Business Services industry
Industry Median: 17.405 vs SCTBF: 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 Dec. 2023 was $0.689. 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 $1.25 for the trailing ten years ended in Dec. 2023.

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 7.82

Securitas AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.48 7.93 7.38 7.22 7.82

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
=9.75/1.25
=7.80

* 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.

Securitas AB's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Securitas AB's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.689/130.9575*130.9575
=0.689

Current CPI (Dec. 2023) = 130.9575.

Securitas AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.020 99.788 0.026
201406 0.195 100.432 0.254
201409 0.334 100.161 0.437
201412 0.374 100.225 0.489
201503 0.098 99.950 0.128
201506 0.153 99.995 0.200
201509 0.353 100.228 0.461
201512 0.306 100.276 0.400
201603 0.048 100.751 0.062
201606 0.157 101.019 0.204
201609 0.303 101.138 0.392
201612 0.349 102.022 0.448
201703 -0.069 102.022 -0.089
201706 0.103 102.752 0.131
201709 0.288 103.279 0.365
201712 0.553 103.793 0.698
201803 -0.399 103.962 -0.503
201806 0.275 104.875 0.343
201809 0.438 105.679 0.543
201812 0.505 105.912 0.624
201903 -0.008 105.886 -0.010
201906 0.305 106.742 0.374
201909 0.594 107.214 0.726
201912 0.481 107.766 0.585
202003 0.072 106.563 0.088
202006 0.730 107.498 0.889
202009 0.761 107.635 0.926
202012 0.496 108.296 0.600
202103 0.319 108.360 0.386
202106 0.102 108.928 0.123
202109 0.397 110.338 0.471
202112 0.631 112.486 0.735
202203 -0.065 114.825 -0.074
202206 0.241 118.384 0.267
202209 0.638 122.296 0.683
202212 0.306 126.365 0.317
202303 -0.009 127.042 -0.009
202306 0.206 129.407 0.208
202309 0.346 130.224 0.348
202312 0.689 130.958 0.689

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  (OTCPK:SCTBF) 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 (Securitas AB) 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 (Securitas AB) Headlines