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John Bean Technologies (FRA:JBT) Cyclically Adjusted FCF per Share : €2.80 (As of Mar. 2024)


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What is John Bean Technologies 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.

John Bean Technologies's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.003. 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 €2.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, John Bean Technologies's average Cyclically Adjusted FCF Growth Rate was 1.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.70% 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 John Bean Technologies was 22.50% per year. The lowest was 7.50% per year. And the median was 18.70% per year.

As of today (2024-06-06), John Bean Technologies's current stock price is €85.00. John Bean Technologies's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.80. John Bean Technologies's Cyclically Adjusted Price-to-FCF of today is 30.36.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of John Bean Technologies was 86.33. The lowest was 26.94. And the median was 52.39.


John Bean Technologies Cyclically Adjusted FCF per Share Historical Data

The historical data trend for John Bean Technologies'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.

John Bean Technologies Cyclically Adjusted FCF per Share Chart

John Bean Technologies 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 1.56 2.02 2.60 2.85 2.78

John Bean Technologies 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 2.74 2.87 2.99 2.78 2.80

Competitive Comparison of John Bean Technologies's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, John Bean Technologies'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.


John Bean Technologies's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, John Bean Technologies's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where John Bean Technologies's Cyclically Adjusted Price-to-FCF falls into.



John Bean Technologies 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, John Bean Technologies'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)
=-0.003/131.7762*131.7762
=-0.003

Current CPI (Mar. 2024) = 131.7762.

John Bean Technologies Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.237 100.560 -0.311
201409 0.472 100.428 0.619
201412 0.534 99.070 0.710
201503 0.704 99.621 0.931
201506 -0.072 100.684 -0.094
201509 0.030 100.392 0.039
201512 1.630 99.792 2.152
201603 -0.337 100.470 -0.442
201606 -0.272 101.688 -0.352
201609 0.664 101.861 0.859
201612 0.903 101.863 1.168
201703 0.489 102.862 0.626
201706 -0.882 103.349 -1.125
201709 1.489 104.136 1.884
201712 0.657 104.011 0.832
201803 -0.378 105.290 -0.473
201806 0.292 106.317 0.362
201809 0.045 106.507 0.056
201812 3.183 105.998 3.957
201903 -0.159 107.251 -0.195
201906 0.025 108.070 0.030
201909 0.299 108.329 0.364
201912 1.856 108.420 2.256
202003 0.131 108.902 0.159
202006 2.226 108.767 2.697
202009 1.418 109.815 1.702
202012 2.031 109.897 2.435
202103 2.016 111.754 2.377
202106 0.858 114.631 0.986
202109 0.514 115.734 0.585
202112 -0.171 117.630 -0.192
202203 0.351 121.301 0.381
202206 0.588 125.017 0.620
202209 -0.271 125.227 -0.285
202212 0.784 125.222 0.825
202303 -0.143 127.348 -0.148
202306 0.929 128.729 0.951
202309 0.647 129.860 0.657
202312 -0.858 129.419 -0.874
202403 -0.003 131.776 -0.003

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


John Bean Technologies  (FRA:JBT) 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.

John Bean Technologies's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=85.00/2.8
=30.36

* 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 John Bean Technologies was 86.33. The lowest was 26.94. And the median was 52.39.


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.


John Bean Technologies Cyclically Adjusted FCF per Share Related Terms

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


John Bean Technologies (FRA:JBT) Business Description

Traded in Other Exchanges
Address
70 West Madison Street, Suite 4400, Chicago, IL, USA, 60602
John Bean Technologies spun out of FMC Technologies in August 2008. Over half of JBT's sales are made in the United States. Its FoodTech business provides both customized and turnkey industrial solutions for the food and beverage industry, including a large variety of protein processing and packaging solutions, as well as fruit and juice extraction and ready-to-eat solutions.