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KBR (FRA:K6B) Cyclically Adjusted FCF per Share : €1.53 (As of Mar. 2024)


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What is KBR 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.

KBR's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.450. 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 €1.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, KBR's average Cyclically Adjusted FCF Growth Rate was 1.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -3.30% 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 KBR was 8.30% per year. The lowest was -18.10% per year. And the median was -0.55% per year.

As of today (2024-05-24), KBR's current stock price is €60.50. KBR's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.53. KBR's Cyclically Adjusted Price-to-FCF of today is 39.54.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of KBR was 43.98. The lowest was 5.81. And the median was 15.40.


KBR Cyclically Adjusted FCF per Share Historical Data

The historical data trend for KBR'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.

KBR Cyclically Adjusted FCF per Share Chart

KBR 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 1.37 1.14 1.10 1.39 1.40

KBR 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 1.50 1.69 1.61 1.40 1.53

Competitive Comparison of KBR's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, KBR'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.


KBR's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, KBR's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



KBR 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, KBR'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)
=0.45/131.7762*131.7762
=0.450

Current CPI (Mar. 2024) = 131.7762.

KBR Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.091 100.560 0.119
201409 0.781 100.428 1.025
201412 -0.082 99.070 -0.109
201503 -0.695 99.621 -0.919
201506 -0.210 100.684 -0.275
201509 0.309 100.392 0.406
201512 0.829 99.792 1.095
201603 -0.152 100.470 -0.199
201606 0.038 101.688 0.049
201609 0.113 101.861 0.146
201612 0.334 101.863 0.432
201703 -0.772 102.862 -0.989
201706 2.032 103.349 2.591
201709 0.168 104.136 0.213
201712 -0.282 104.011 -0.357
201803 -0.805 105.290 -1.008
201806 0.559 106.317 0.693
201809 0.413 106.507 0.511
201812 0.792 105.998 0.985
201903 0.289 107.251 0.355
201906 0.182 108.070 0.222
201909 0.729 108.329 0.887
201912 0.292 108.420 0.355
202003 0.249 108.902 0.301
202006 0.669 108.767 0.811
202009 0.544 109.815 0.653
202012 0.637 109.897 0.764
202103 0.201 111.754 0.237
202106 0.553 114.631 0.636
202109 0.640 115.734 0.729
202112 0.006 117.630 0.007
202203 0.538 121.301 0.584
202206 0.679 125.017 0.716
202209 0.660 125.227 0.695
202212 0.169 125.222 0.178
202303 0.097 127.348 0.100
202306 1.600 128.729 1.638
202309 -0.430 129.860 -0.436
202312 0.438 129.419 0.446
202403 0.450 131.776 0.450

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


KBR  (FRA:K6B) 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.

KBR's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=60.50/1.53
=39.54

* 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 KBR was 43.98. The lowest was 5.81. And the median was 15.40.


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.


KBR Cyclically Adjusted FCF per Share Related Terms

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


KBR (FRA:K6B) Business Description

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Address
601 Jefferson Street, Suite 3400, Houston, TX, USA, 77002
KBR (formerly Kellogg, Brown & Root) is global provider of technology, integrated engineering, procurement, and construction delivery, and operations and maintenance services. The company's business is organized into two segments: government solutions and sustainable technology solutions. KBR has customers in more than 75 countries, with operations in 40, and employs 36,000 people. The firm generated $6.6 billion in revenue in 2022.

KBR (FRA:K6B) Headlines

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