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Bombardier (TSX:BBD.A) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is Bombardier Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bombardier Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bombardier'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.

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Bombardier Cyclically Adjusted Price-to-FCF Chart

Bombardier Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Bombardier Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Bombardier's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Bombardier'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.


Bombardier's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Bombardier's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Bombardier 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.

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

For example, Bombardier'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)
=-5.254/125.4675*125.4675
=-5.254

Current CPI (Mar. 2024) = 125.4675.

Bombardier Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -6.681 99.473 -8.427
201409 -5.815 99.394 -7.340
201412 9.717 98.367 12.394
201503 -13.409 99.789 -16.859
201506 -11.840 100.500 -14.781
201509 -12.174 100.421 -15.210
201512 8.105 99.947 10.175
201603 -11.370 101.054 -14.117
201606 -7.236 102.002 -8.901
201609 -4.982 101.765 -6.142
201612 7.295 101.449 9.022
201703 -9.118 102.634 -11.147
201706 -9.449 103.029 -11.507
201709 -6.922 103.345 -8.404
201712 12.493 103.345 15.167
201803 -10.067 105.004 -12.029
201806 -5.013 105.557 -5.959
201809 -4.891 105.636 -5.809
201812 12.861 105.399 15.310
201903 -14.393 106.979 -16.880
201906 -6.153 107.690 -7.169
201909 -9.459 107.611 -11.029
201912 12.886 107.769 15.002
202003 -23.889 107.927 -27.771
202006 -14.651 108.401 -16.958
202009 -9.300 108.164 -10.788
202012 2.661 108.559 3.075
202103 -5.178 110.298 -5.890
202106 1.128 111.720 1.267
202109 1.305 112.905 1.450
202112 4.052 113.774 4.468
202203 2.302 117.646 2.455
202206 4.605 120.806 4.783
202209 0.496 120.648 0.516
202212 2.413 120.964 2.503
202303 -3.420 122.702 -3.497
202306 -3.094 124.203 -3.125
202309 1.133 125.230 1.135
202312 8.976 125.468 8.976
202403 -5.254 125.468 -5.254

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.


Bombardier  (TSX:BBD.A) 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.


Bombardier Cyclically Adjusted Price-to-FCF Related Terms

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


Bombardier (TSX:BBD.A) Business Description

Industry
Address
400, chemin de la Cote-Vertu Ouest, Dorval, QC, CAN, H4S 1Y9
Bombardier designs, manufactures, markets, and provides parts and maintenance for its large, long-range Global and medium-to-large Challenger aircraft families of business jets. Most of the company's revenue is generated in North America, with operations in Europe, North America, Asia-Pacific, and other markets.

Bombardier (TSX:BBD.A) Headlines

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