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KBR (KBR) Cyclically Adjusted FCF per Share : $1.64 (As of Mar. 2024)


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What is KBR 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.

KBR's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.489. 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 $1.64 for the trailing ten years ended in Mar. 2024.

During the past 12 months, KBR's average Cyclically Adjusted FCF Growth Rate was -0.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -3.30% 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 KBR was 8.30% per year. The lowest was -18.10% per year. And the median was -0.55% per year.

As of today (2024-05-15), KBR's current stock price is $65.97. KBR's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.64. KBR's Cyclically Adjusted Price-to-FCF of today is 40.23.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of KBR was 43.98. The lowest was 5.81. And the median was 15.39.


KBR Cyclically Adjusted FCF per Share Historical Data

The historical data trend for KBR'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.

KBR Cyclically Adjusted FCF per Share Chart

KBR Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.47 1.27 1.52 1.56

KBR Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.65 1.86 1.69 1.56 1.64

Competitive Comparison of KBR's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, KBR'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.


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

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

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



KBR 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, KBR'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)
=0.489/129.4194*129.4194
=0.489

Current CPI (Mar. 2024) = 129.4194.

KBR Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.124 100.560 0.160
201409 1.007 100.428 1.298
201412 -0.101 99.070 -0.132
201503 -0.752 99.621 -0.977
201506 -0.236 100.684 -0.303
201509 0.347 100.392 0.447
201512 0.903 99.792 1.171
201603 -0.169 100.470 -0.218
201606 0.042 101.688 0.053
201609 0.127 101.861 0.161
201612 0.352 101.863 0.447
201703 -0.825 102.862 -1.038
201706 2.284 103.349 2.860
201709 0.200 104.136 0.249
201712 -0.333 104.011 -0.414
201803 -0.993 105.290 -1.221
201806 0.652 106.317 0.794
201809 0.482 106.507 0.586
201812 0.901 105.998 1.100
201903 0.326 107.251 0.393
201906 0.206 108.070 0.247
201909 0.803 108.329 0.959
201912 0.324 108.420 0.387
202003 0.275 108.902 0.327
202006 0.754 108.767 0.897
202009 0.641 109.815 0.755
202012 0.775 109.897 0.913
202103 0.239 111.754 0.277
202106 0.667 114.631 0.753
202109 0.753 115.734 0.842
202112 0.007 117.630 0.008
202203 0.593 121.301 0.633
202206 0.718 125.017 0.743
202209 0.654 125.227 0.676
202212 0.179 125.222 0.185
202303 0.104 127.348 0.106
202306 1.733 128.729 1.742
202309 -0.459 129.860 -0.457
202312 0.477 129.419 0.477
202403 0.489 129.419 0.489

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


KBR  (NYSE:KBR) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=65.97/1.64
=40.23

* 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 KBR was 43.98. The lowest was 5.81. And the median was 15.39.


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.


KBR Cyclically Adjusted FCF per Share Related Terms

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


KBR (KBR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » KBR Inc (NYSE:KBR) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
601 Jefferson Street, Suite 3400, Houston, TX, USA, 77002
KBR (formerly Kellogg, Brown & Root) is global provider of technology, integrated engineering, procurement, and construction delivery, and operations and maintenance services. The company's business is organized into two segments: government solutions and sustainable technology solutions. KBR has customers in more than 75 countries, with operations in 40, and employs 36,000 people. The firm generated $6.6 billion in revenue in 2022.
Executives
Mark W Sopp officer: EVP & Chief Financial Officer 601 JEFFERSON STREET, SUITE 3400, HOUSTON TX 77002
Sonia Galindo officer: EVP, Gen. Counsel & Corp. Sec. C/O ROSETTA STONE, 1621 NORTH KENT STREET, SUITE 1200, ARLINGTON VA 22209
Bright William Byron Jr. officer: President Gov't Solutions US 601 JEFFERSON STREET, HOUSTON TX 77002
Paul Emmanuel Kahn officer: President Gov't Solutions Intl 601 JEFFERSON STREET, HOUSTON TX 77002
Jennifer Myles officer: EVP, Chief People Officer 601 JEFFERSON STREET, HOUSTON TX 77002
Stuart Bradie director, officer: President and CEO 601 JEFFERSON ST, HOUSTON TX 77002
Shad E. Evans officer: SVP of Finance Ops and CAO 601 JEFFERSON STREET, HOUSTON TX 77002
Manzoni John Alexander Kcb director 601 JEFFERSON STREET, HOUSTON TX 77002
Vincent R. Stewart director C/O AMERICAN PUBLIC EDUCATION, INC., 111 WEST CONGRESS STREET, CHARLES TOWN WV 25414
Carlos A. Sabater director 1140 ALFONSO AVENUE, CORAL GABLES FL 33146
Lynn A Dugle director 4803 STONECROFT BOULEVARD, CHANTILLY VA 20151
Lester L Lyles director C/O MTC TECHNOLOGIES INC, 4032 LINDEN AVENUE, DAYTON OH 45432
Douglas Nick Kelly officer: President-Technology Solutions 601 JEFFERSON STREET, SUITE 3400, HOUSTON TX 77002
Gregory Sean Conlon officer: President E&C APAC 601 JEFFERSON STREET, HOUSTON TX 77002
Ann Darlene Pickard director 601 JEFFERSON STREET, HOUSTON TX 77002