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Bouygues (XPAR:ENNV) Cyclically Adjusted Price-to-FCF : (As of Jun. 13, 2024)


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What is Bouygues Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bouygues Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bouygues'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.

Bouygues Cyclically Adjusted Price-to-FCF Chart

Bouygues 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 24.58 24.45 23.10 18.82 16.73

Bouygues 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 21.43 23.16 23.03 16.73 -

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

For the Engineering & Construction subindustry, Bouygues'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.


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

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

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



Bouygues 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.

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

For example, Bouygues'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)
=11.024/118.3900*118.3900
=11.024

Current CPI (Dec. 2023) = 118.3900.

Bouygues Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -3.171 100.240 -3.745
201406 -1.560 100.180 -1.844
201409 0.868 99.920 1.028
201412 4.904 99.860 5.814
201503 -3.352 100.170 -3.962
201506 -0.641 100.440 -0.756
201509 0.876 99.950 1.038
201512 3.260 100.040 3.858
201603 -4.675 100.020 -5.534
201606 -0.578 100.630 -0.680
201609 1.195 100.340 1.410
201612 4.815 100.650 5.664
201703 -4.651 101.170 -5.443
201706 -1.099 101.320 -1.284
201709 1.612 101.330 1.883
201712 4.520 101.850 5.254
201803 -3.602 102.750 -4.150
201806 -0.468 103.370 -0.536
201809 0.399 103.560 0.456
201812 4.386 103.470 5.018
201903 -3.641 103.890 -4.149
201906 -0.918 104.580 -1.039
201909 1.609 104.500 1.823
201912 7.401 104.980 8.346
202003 -3.701 104.590 -4.189
202006 -1.016 104.790 -1.148
202009 3.015 104.550 3.414
202012 3.960 104.960 4.467
202103 -3.483 105.750 -3.899
202106 0.125 106.340 0.139
202109 0.831 106.810 0.921
202112 5.625 107.850 6.175
202203 -4.288 110.490 -4.595
202206 -2.652 112.550 -2.790
202209 0.280 112.740 0.294
202212 7.398 114.160 7.672
202303 -3.310 116.790 -3.355
202306 -1.949 117.650 -1.961
202309 2.315 118.260 2.318
202312 11.024 118.390 11.024

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.


Bouygues  (XPAR:ENNV) 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.


Bouygues Cyclically Adjusted Price-to-FCF Related Terms

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


Bouygues (XPAR:ENNV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bouygues (XPAR:ENNV) » Definitions » Cyclically Adjusted Price-to-FCF
Address
32 avenue Hoche, Paris, FRA, 75008
Bouygues is a French conglomerate made up of a disparate range of assets: a construction business, a TV business, and a telecom business. It is one of the biggest construction companies in France and Europe with construction sales of around EUR 25 billion-EUR 30 billion and one of the four telecom operators in France, with both mobile and fixed operations and EUR 6 billion in revenue. It is also the owner of TF1, one of the main media and TV companies in France.