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Bouygues (Bouygues) Cyclically Adjusted Price-to-FCF : 17.32 (As of Apr. 28, 2024)


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What is Bouygues Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Bouygues's current share price is $40.00. Bouygues's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.31. Bouygues's Cyclically Adjusted Price-to-FCF for today is 17.32.

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

BOUYF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.15   Med: 24   Max: 38.61
Current: 17.78

During the past years, Bouygues's highest Cyclically Adjusted Price-to-FCF was 38.61. The lowest was 16.15. And the median was 24.00.

BOUYF's Cyclically Adjusted Price-to-FCF is ranked better than
50.18% of 566 companies
in the Construction industry
Industry Median: 17.73 vs BOUYF: 17.78

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.

Bouygues's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $10.735. 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 $2.31 for the trailing ten years ended in Dec. 2023.

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 16.74

Bouygues Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 18.82 21.43 23.16 23.03 16.74

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 Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=40.00/2.31
=17.32

* 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.

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)
=10.735/118.2300*118.2300
=10.735

Current CPI (Dec. 2023) = 118.2300.

Bouygues Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -4.176 100.240 -4.925
201406 -1.982 100.180 -2.339
201409 1.058 99.920 1.252
201412 5.999 99.860 7.103
201503 -3.645 100.170 -4.302
201506 -0.734 100.440 -0.864
201509 0.965 99.950 1.141
201512 3.468 100.040 4.099
201603 -5.048 100.020 -5.967
201606 -0.631 100.630 -0.741
201609 1.291 100.340 1.521
201612 4.853 100.650 5.701
201703 -4.479 101.170 -5.234
201706 -1.144 101.320 -1.335
201709 1.801 101.330 2.101
201712 4.978 101.850 5.779
201803 -4.259 102.750 -4.901
201806 -0.498 103.370 -0.570
201809 0.423 103.560 0.483
201812 4.517 103.470 5.161
201903 -3.745 103.890 -4.262
201906 -0.931 104.580 -1.053
201909 1.604 104.500 1.815
201912 7.301 104.980 8.222
202003 -3.633 104.590 -4.107
202006 -0.960 104.790 -1.083
202009 3.121 104.550 3.529
202012 4.328 104.960 4.875
202103 -3.976 105.750 -4.445
202106 0.132 106.340 0.147
202109 0.856 106.810 0.948
202112 5.555 107.850 6.090
202203 -4.113 110.490 -4.401
202206 -2.437 112.550 -2.560
202209 0.243 112.740 0.255
202212 7.033 114.160 7.284
202303 -3.196 116.790 -3.235
202306 -1.895 117.650 -1.904
202309 2.205 118.260 2.204
202312 10.735 118.230 10.735

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  (OTCPK:BOUYF) 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 (Bouygues) Business Description

Industry
Traded in Other Exchanges
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.

Bouygues (Bouygues) Headlines

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