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NV Bekaert (NV Bekaert) Cyclically Adjusted Price-to-FCF : 11.22 (As of Jun. 07, 2024)


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What is NV Bekaert Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), NV Bekaert's current share price is $45.65. NV Bekaert's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $4.07. NV Bekaert's Cyclically Adjusted Price-to-FCF for today is 11.22.

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

BEKSF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.2   Med: 11.22   Max: 26.93
Current: 10.04

During the past 13 years, NV Bekaert's highest Cyclically Adjusted Price-to-FCF was 26.93. The lowest was 5.20. And the median was 11.22.

BEKSF's Cyclically Adjusted Price-to-FCF is ranked better than
90.2% of 1031 companies
in the Industrial Products industry
Industry Median: 32.88 vs BEKSF: 10.04

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.

NV Bekaert's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $4.651. 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 $4.07 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


NV Bekaert Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for NV Bekaert'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.

NV Bekaert Cyclically Adjusted Price-to-FCF Chart

NV Bekaert 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 9.22 8.18 9.21 8.47 10.80

NV Bekaert Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 9.21 - 8.47 - 10.80

Competitive Comparison of NV Bekaert's Cyclically Adjusted Price-to-FCF

For the Metal Fabrication subindustry, NV Bekaert'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.


NV Bekaert's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



NV Bekaert 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=45.65/4.07
=11.22

* 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.

NV Bekaert's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, NV Bekaert's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=4.651/128.2922*128.2922
=4.651

Current CPI (Dec23) = 128.2922.

NV Bekaert Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.679 99.086 0.879
201512 7.908 100.572 10.088
201612 4.359 102.614 5.450
201712 -0.592 104.804 -0.725
201812 1.042 107.252 1.246
201912 8.096 108.065 9.611
202012 7.535 108.511 8.909
202112 4.471 114.705 5.001
202212 2.901 126.578 2.940
202312 4.651 128.292 4.651

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.


NV Bekaert  (OTCPK:BEKSF) 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.


NV Bekaert Cyclically Adjusted Price-to-FCF Related Terms

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


NV Bekaert (NV Bekaert) Business Description

Traded in Other Exchanges
Address
Bekaertstraat 2, Zwevegem, BEL, BE-8550
NV Bekaert SA uses metal treatment technologies to deliver a portfolio of steel wire products and coating solutions to global customers. It operates in four segments: rubber reinforcement, steel wire solutions, specialty businesses, and Bridon-Bekaert Ropes Group. The company's products help reduce friction, improve corrosion resistance, and enhance adhesion with other materials. Bekaert's offerings are used in various sectors, including automotive, construction, energy, agriculture, and consumer goods.

NV Bekaert (NV Bekaert) Headlines

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