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STECF (Scatec ASA) Cyclically Adjusted FCF per Share : $-2.14 (As of Sep. 2024)


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What is Scatec ASA 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.

Scatec ASA's adjusted free cash flow per share for the three months ended in Sep. 2024 was $-0.117. 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 $-2.14 for the trailing ten years ended in Sep. 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 (2024-12-03), Scatec ASA's current stock price is $13.30. Scatec ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was $-2.14. Scatec ASA's Cyclically Adjusted Price-to-FCF of today is .


Scatec ASA Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Scatec ASA'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.

Scatec ASA Cyclically Adjusted FCF per Share Chart

Scatec ASA 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 - - - -2.34 -2.45

Scatec ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -2.92 -2.45 -2.68 -2.16 -2.14

Competitive Comparison of Scatec ASA's Cyclically Adjusted FCF per Share

For the Utilities - Renewable subindustry, Scatec ASA'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.


Scatec ASA's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Scatec ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Scatec ASA 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, Scatec ASA's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.117/133.7000*133.7000
=-0.117

Current CPI (Sep. 2024) = 133.7000.

Scatec ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.140 98.600 -0.190
201503 -0.283 99.200 -0.381
201506 -1.442 100.100 -1.926
201509 -0.308 100.600 -0.409
201512 -0.680 100.900 -0.901
201603 -0.518 102.500 -0.676
201606 -0.028 103.800 -0.036
201609 0.157 104.200 0.201
201612 0.233 104.400 0.298
201703 0.268 105.000 0.341
201706 0.111 105.800 0.140
201709 0.043 105.900 0.054
201712 -0.192 106.100 -0.242
201803 -0.273 107.300 -0.340
201806 -0.586 108.500 -0.722
201809 -0.739 109.500 -0.902
201812 -0.935 109.800 -1.139
201903 -1.087 110.400 -1.316
201906 -1.536 110.600 -1.857
201909 -0.901 111.100 -1.084
201912 -0.774 111.300 -0.930
202003 -0.001 111.200 -0.001
202006 -0.364 112.100 -0.434
202009 0.364 112.900 0.431
202012 -0.073 112.900 -0.086
202103 0.072 114.600 0.084
202106 0.107 115.300 0.124
202109 0.195 117.500 0.222
202112 0.409 118.900 0.460
202203 0.193 119.800 0.215
202206 0.050 122.600 0.055
202209 -0.146 125.600 -0.155
202212 -0.851 125.900 -0.904
202303 -0.488 127.600 -0.511
202306 -0.669 130.400 -0.686
202309 -0.263 129.800 -0.271
202312 -1.521 131.900 -1.542
202403 0.087 132.600 0.088
202406 0.092 133.800 0.092
202409 -0.117 133.700 -0.117

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


Scatec ASA  (OTCPK:STECF) 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.


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.


Scatec ASA Cyclically Adjusted FCF per Share Related Terms

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


Scatec ASA Business Description

Address
Askekroken 11, Oslo, NOR, NO-0277
Scatec ASA is an independent solar power producer, delivering an affordable and sustainable source of clean energy worldwide. The business activity functions through Power Production (PP), Services, and Development and Construction (D&C), and Corporate. The PP segment comprises the Kalkbult and Linde plants in South Africa, the ASYV plant in Rwanda, and four plants in the Czech Republic. The company makes majority of its revenue from Power Production segment. Its geographical segments are South Africa, Egypt, Malaysia, Honduras, Jordan, Czech Republic, Mozambique, Ukraine, Netherlands, Rwanda and Others.

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