GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Barnes Group Inc (NYSE:B) » Definitions » Cyclically Adjusted Price-to-FCF

Barnes Group (Barnes Group) Cyclically Adjusted Price-to-FCF : 10.95 (As of May. 01, 2024)


View and export this data going back to 1963. Start your Free Trial

What is Barnes Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Barnes Group's current share price is $34.72. Barnes Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.17. Barnes Group's Cyclically Adjusted Price-to-FCF for today is 10.95.

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

B' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.5   Med: 23.81   Max: 38.65
Current: 10.97

During the past years, Barnes Group's highest Cyclically Adjusted Price-to-FCF was 38.65. The lowest was 6.50. And the median was 23.81.

B's Cyclically Adjusted Price-to-FCF is ranked better than
88.42% of 1019 companies
in the Industrial Products industry
Industry Median: 32.76 vs B: 10.97

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.

Barnes Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.295. 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 $3.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barnes Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Barnes 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.

* Premium members only.

Barnes Group Cyclically Adjusted Price-to-FCF Chart

Barnes Group 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 27.12 19.64 16.37 14.20 10.20

Barnes Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13.65 14.59 10.95 10.20 11.74

Competitive Comparison of Barnes Group's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Barnes 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.


Barnes Group's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Barnes 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.

Barnes Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=34.72/3.17
=10.95

* 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.

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

For example, Barnes 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)
=-0.295/129.4194*129.4194
=-0.295

Current CPI (Mar. 2024) = 129.4194.

Barnes Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.665 100.560 0.856
201409 0.704 100.428 0.907
201412 1.092 99.070 1.427
201503 0.210 99.621 0.273
201506 0.931 100.684 1.197
201509 1.181 100.392 1.522
201512 0.768 99.792 0.996
201603 0.315 100.470 0.406
201606 1.040 101.688 1.324
201609 0.974 101.861 1.238
201612 0.785 101.863 0.997
201703 0.734 102.862 0.924
201706 0.639 103.349 0.800
201709 0.930 104.136 1.156
201712 0.356 104.011 0.443
201803 0.356 105.290 0.438
201806 0.737 106.317 0.897
201809 1.028 106.507 1.249
201812 1.194 105.998 1.458
201903 0.753 107.251 0.909
201906 0.839 108.070 1.005
201909 0.798 108.329 0.953
201912 1.389 108.420 1.658
202003 0.685 108.902 0.814
202006 1.335 108.767 1.588
202009 0.594 109.815 0.700
202012 0.806 109.897 0.949
202103 0.543 111.754 0.629
202106 0.791 114.631 0.893
202109 0.644 115.734 0.720
202112 0.639 117.630 0.703
202203 -0.327 121.301 -0.349
202206 0.230 125.017 0.238
202209 0.525 125.227 0.543
202212 0.363 125.222 0.375
202303 0.415 127.348 0.422
202306 -0.008 128.729 -0.008
202309 0.249 129.860 0.248
202312 0.452 129.419 0.452
202403 -0.295 129.419 -0.295

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.


Barnes Group  (NYSE:B) 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.


Barnes Group Cyclically Adjusted Price-to-FCF Related Terms

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


Barnes Group (Barnes Group) Business Description

Industry
Traded in Other Exchanges
Address
123 Main Street, Bristol, CT, USA, 06010
Barnes Group Inc is a U.S. based industrial and aerospace manufacturer and service provider. The company operates through two segments: Industrial and Aerospace. The industrial segment manufactures precision parts, products, and systems for critical applications in end markets including transportation, industrial equipment, and consumer products. The aerospace segment provides machined components and assemblies for original equipment manufacturer turbine engine, airframe and industrial gas turbine builders, and the military. This segment also provides aftermarket maintenance, overhaul and repair services for turbine engine manufacturers, airlines, and the military. The company generates around half of its revenue from the domestic American market.
Executives
Mylle H Mangum director 3231 S E SIXTH AVENUE, TOPEKA KS 66607
Thomas O Barnes director C/O BARNES GROUP INC, PO BOX 489, BRISTOL CT 06011-0489
Hans-peter Manner director 123 MAIN STREET, BRISTOL CT 06010
Marian Acker officer: VP, Controller 123 MAIN STREET, BRISTOL CT 06010
Jay B Knoll officer: SVP, Gen. Counsel & Secretary 2225 W CHANDLER BLVD, CHANDLER AZ 85224
Thomas J Hook director 810 INNOVATION DR, KNOXVILLE TN 37932
Elijah Kent Barnes director 123 MAIN STREET, BRISTOL CT 06010
Neal J Keating director C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Julie K Streich officer: SVP, Finance and CFO 123 MAIN STREET, BRISTOL CT 06010
Dawn N Edwards officer: SVP, Human Resources 123 MAIN STREET, BRISTOL CT 06010
Richard J Hipple director 10035 HUNTING DRIVE, BRECKSVILLE OH 44141
Ian Malcolm Reason officer: SVP, BGI; Pres., Barnes Aero C/O BARNES GROUP INC., 123 MAIN STREET, BRISTOL CT 06010
Michael Andrew Beck officer: SVP, BGI; Pres., Barnes Aero 123 MAIN STREET, BRISTOL CT 06010
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Lukas Hovorka officer: SVP, Corporate Development 123 MAIN STREET, BRISTOL CT 06010