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Belden (Belden) Cyclically Adjusted Price-to-FCF : 16.69 (As of Apr. 30, 2024)


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What is Belden Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Belden's current share price is $81.27. Belden's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.87. Belden's Cyclically Adjusted Price-to-FCF for today is 16.69.

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

BDC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.36   Med: 18.46   Max: 38.7
Current: 17.36

During the past years, Belden's highest Cyclically Adjusted Price-to-FCF was 38.70. The lowest was 7.36. And the median was 18.46.

BDC's Cyclically Adjusted Price-to-FCF is ranked better than
70.1% of 960 companies
in the Hardware industry
Industry Median: 28.155 vs BDC: 17.36

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.

Belden's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $2.492. 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 $4.87 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Belden Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Belden'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.

Belden Cyclically Adjusted Price-to-FCF Chart

Belden 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 14.15 10.69 15.60 15.61 15.88

Belden 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 15.61 18.07 19.56 19.52 15.88

Competitive Comparison of Belden's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Belden'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.


Belden's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Belden's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Belden 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=81.27/4.87
=16.69

* 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.

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

For example, Belden'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)
=2.492/129.4194*129.4194
=2.492

Current CPI (Dec. 2023) = 129.4194.

Belden Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.695 99.695 -0.902
201406 0.460 100.560 0.592
201409 1.005 100.428 1.295
201412 2.798 99.070 3.655
201503 -1.497 99.621 -1.945
201506 0.960 100.684 1.234
201509 1.749 100.392 2.255
201512 3.147 99.792 4.081
201603 -0.019 100.470 -0.024
201606 0.853 101.688 1.086
201609 1.780 101.861 2.262
201612 3.506 101.863 4.454
201703 -0.531 102.862 -0.668
201706 0.823 103.349 1.031
201709 1.363 104.136 1.694
201712 2.838 104.011 3.531
201803 -2.396 105.290 -2.945
201806 0.754 106.317 0.918
201809 2.229 106.507 2.709
201812 3.847 105.998 4.697
201903 -1.756 107.251 -2.119
201906 1.023 108.070 1.225
201909 0.999 108.329 1.193
201912 3.309 108.420 3.950
202003 -1.603 108.902 -1.905
202006 0.428 108.767 0.509
202009 0.799 109.815 0.942
202012 2.258 109.897 2.659
202103 -1.170 111.754 -1.355
202106 0.991 114.631 1.119
202109 1.113 115.734 1.245
202112 2.947 117.630 3.242
202203 -1.512 121.301 -1.613
202206 0.655 125.017 0.678
202209 1.546 125.227 1.598
202212 3.377 125.222 3.490
202303 -1.047 127.348 -1.064
202306 1.571 128.729 1.579
202309 1.786 129.860 1.780
202312 2.492 129.419 2.492

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.


Belden  (NYSE:BDC) 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.


Belden Cyclically Adjusted Price-to-FCF Related Terms

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


Belden (Belden) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Belden Inc (NYSE:BDC) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
1 North Brentwood Boulevard, 15th Floor, St. Louis, MO, USA, 63105
Belden Inc provides signal transmission products to distributors, end-users, installers, and original equipment manufacturers. The firm operates in two segments - Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment is a provider in network infrastructure solutions, as well as cabling and connectivity solutions for commercial audio/video and security applications. The Industrial Solutions segment is a provider of high-performance networking components and machine connectivity products.
Executives
Leah Tate officer: SVP - HR C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Ashish Chand officer: EVP, Industrial Automation C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Jay V Wirts officer: EVP, Enterprise Solutions C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Doug Zink officer: VP and CAO 739 TRAGO CREEK DRIVE, BALLWIN MO 63021
Vivie Lee director 126 SIERRA POINT ROAD, BRISBANE CA 94005
Jonathan C Klein director 2 CERF LANE, PO BOX 1032, MT. KISCO NY 10549
Nancy E. Calderon director 1285 WAKEFIELD TRAIL, RENO NV 89523
Brian Lieser officer: EVP, Indust. Automation Solut. C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Anshuman Mehrotra officer: SVP, Sales C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Roel Vestjens officer: SVP, Broadcast Solutions C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Gregory James Mccray director 422 HANDEL COURT, WHEATON IL 60187
Jeremy E Parks officer: SVP - Finance and CFO C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
John S Stroup director, officer: Chief Executive Officer 1 N. BRENTWOOD BLVD., SUITE 1500, ST. LOUIS MO 63105
Judy L Brown director C/O PERRIGO COMPANY, 515 EASTERN AVENUE, ALLEGAN MI 49010
Leo Kulmaczewski officer: SVP, Ops & Lean Enterprise C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105