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Brady (BRC) Cyclically Adjusted FCF per Share : $2.69 (As of Jan. 2024)


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What is Brady Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Brady's adjusted free cash flow per share for the three months ended in Jan. 2024 was $-0.277. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $2.69 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Brady's average Cyclically Adjusted FCF Growth Rate was 6.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 0.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Brady was 20.20% per year. The lowest was -2.10% per year. And the median was 11.70% per year.

As of today (2024-05-15), Brady's current stock price is $61.10. Brady's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $2.69. Brady's Cyclically Adjusted Price-to-FCF of today is 22.71.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Brady was 24.90. The lowest was 8.82. And the median was 17.40.


Brady Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Brady's Cyclically Adjusted FCF per Share 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.

Brady Cyclically Adjusted FCF per Share Chart

Brady Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.36 2.28 2.42 2.48 2.67

Brady Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted FCF per Share 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 2.53 2.61 2.67 2.75 2.69

Competitive Comparison of Brady's Cyclically Adjusted FCF per Share

For the Security & Protection Services subindustry, Brady'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.


Brady's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

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

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



Brady Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Brady's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.277/129.4194*129.4194
=-0.277

Current CPI (Jan. 2024) = 129.4194.

Brady Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.420 100.023 0.543
201407 0.078 100.520 0.100
201410 0.139 100.176 0.180
201501 -0.020 98.604 -0.026
201504 0.448 99.824 0.581
201507 0.729 100.691 0.937
201510 0.549 100.346 0.708
201601 0.519 99.957 0.672
201604 0.728 100.947 0.933
201607 0.605 101.524 0.771
201610 0.584 101.988 0.741
201701 0.309 102.456 0.390
201704 0.655 103.167 0.822
201707 0.931 103.278 1.167
201710 0.590 104.070 0.734
201801 0.058 104.578 0.072
201804 0.768 105.708 0.940
201807 0.895 106.324 1.089
201810 0.242 106.695 0.294
201901 0.362 106.200 0.441
201904 0.885 107.818 1.062
201907 0.932 108.250 1.114
201910 0.579 108.577 0.690
202001 0.165 108.841 0.196
202004 0.647 108.173 0.774
202007 0.752 109.318 0.890
202010 1.023 109.861 1.205
202101 0.590 110.364 0.692
202104 0.937 112.673 1.076
202107 0.855 115.183 0.961
202110 0.308 116.696 0.342
202201 -0.159 118.619 -0.173
202204 0.683 121.978 0.725
202207 0.638 125.002 0.661
202210 0.482 125.734 0.496
202301 0.501 126.223 0.514
202304 1.355 127.992 1.370
202307 1.478 128.974 1.483
202310 1.045 129.810 1.042
202401 -0.277 129.419 -0.277

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Brady  (NYSE:BRC) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Brady's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=61.10/2.69
=22.71

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Brady was 24.90. The lowest was 8.82. And the median was 17.40.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Brady Cyclically Adjusted FCF per Share Related Terms

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


Brady (BRC) Business Description

Industry
Traded in Other Exchanges
Address
6555 West Good Hope Road, Milwaukee, WI, USA, 53223
Brady Corp provides identification solutions and workplace safety products. The company offers identification and healthcare products that are sold under the Brady brand to maintenance, repair, and operations as well as original equipment manufacturing customers. Products include safety signs and labelling systems, material identification systems, wire identification, patient identification, and people identification. Brady also provides workplace safety and compliance products such as safety and compliance signs, asset tracking labels, and first-aid products. The largest end market is the United States.
Executives
Bentley Curran officer: VP Chief Information Officer 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Brett Wilms officer: President - EMEA & Australia 6555 W GOOD HOPE ROAD, MILWAUKEE WI 53223
Nancy Lee Gioia director 6555 WEST GOOD HOPE RD., MILWAUKEE WI 53223
Olivier Bojarski officer: President, Identification Soln C/O BELDEN INC., 1 N. BRENTWOOD BOULEVARD, 15TH FLOOR, SAINT LOUIS MO 63105
Frank W Harris director 244 SUMMER ST POLYMER BLDG 603, AKRON OH 53202
Elizabeth P Pungello director 6555 WEST GOOD HOPE RD., MILWAUKEE WI 53223
Russell Shaller director 6555 WEST GOOD HOPE RD, MILWAUKEE WI 53223
Smee Joanne Collins director XEROX CORPORATION, 201 MERRITT 7, NORWALK CT 06851
Vineet A Nargolwala director 529 PLEASANT STREET, MAIL STATION B-1, ATTLEBORO MA 02703
Andrew Gorman officer: General Counsel&Corp Secretary 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Pascal Deman officer: VP & GM Workplace Safety 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Thomas J Felmer officer: SR VP CFO 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Louis T Bolognini officer: SR VP - GENERAL COUNSEL P O BOX 9, SUGAR LAND TX 77487
J Michael Nauman director, officer: President & CEO C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60532
Bradley C Richardson director