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Bayerische Motoren Werke AG (XTER:BMW) Cyclically Adjusted Price-to-FCF : 39.85 (As of Apr. 27, 2024)


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What is Bayerische Motoren Werke AG Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Bayerische Motoren Werke AG's current share price is €106.40. Bayerische Motoren Werke AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €2.67. Bayerische Motoren Werke AG's Cyclically Adjusted Price-to-FCF for today is 39.85.

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

XTER:BMW' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.9   Med: 46.36   Max: 87.9
Current: 39.68

During the past years, Bayerische Motoren Werke AG's highest Cyclically Adjusted Price-to-FCF was 87.90. The lowest was 29.90. And the median was 46.36.

XTER:BMW's Cyclically Adjusted Price-to-FCF is ranked worse than
67.57% of 481 companies
in the Vehicles & Parts industry
Industry Median: 21.61 vs XTER:BMW: 39.68

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.

Bayerische Motoren Werke AG's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €-5.860. 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 €2.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bayerische Motoren Werke AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bayerische Motoren Werke AG'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.

Bayerische Motoren Werke AG Cyclically Adjusted Price-to-FCF Chart

Bayerische Motoren Werke AG 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 - - - 63.68 37.78

Bayerische Motoren Werke AG 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 63.68 46.41 49.65 32.55 37.78

Competitive Comparison of Bayerische Motoren Werke AG's Cyclically Adjusted Price-to-FCF

For the Auto Manufacturers subindustry, Bayerische Motoren Werke AG'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.


Bayerische Motoren Werke AG's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bayerische Motoren Werke AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Bayerische Motoren Werke AG's Cyclically Adjusted Price-to-FCF falls into.



Bayerische Motoren Werke AG 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.

Bayerische Motoren Werke AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=106.40/2.67
=39.85

* 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.

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

For example, Bayerische Motoren Werke AG'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)
=-5.86/123.6675*123.6675
=-5.860

Current CPI (Dec. 2023) = 123.6675.

Bayerische Motoren Werke AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.245 99.543 0.304
201406 -1.333 99.543 -1.656
201409 -0.808 99.823 -1.001
201412 -2.961 99.543 -3.679
201503 0.297 99.717 0.368
201506 -2.465 100.417 -3.036
201509 -1.394 100.417 -1.717
201512 -3.947 99.717 -4.895
201603 -1.194 100.017 -1.476
201606 0.405 100.717 0.497
201609 -1.291 101.017 -1.580
201612 -1.955 101.217 -2.389
201703 -1.085 101.417 -1.323
201706 0.347 102.117 0.420
201709 1.307 102.717 1.574
201712 -2.400 102.617 -2.892
201803 -0.972 102.917 -1.168
201806 1.141 104.017 1.357
201809 -0.366 104.718 -0.432
201812 -3.954 104.217 -4.692
201903 -0.664 104.217 -0.788
201906 -2.123 105.718 -2.483
201909 -0.522 106.018 -0.609
201912 -1.615 105.818 -1.887
202003 -1.052 105.718 -1.231
202006 7.784 106.618 9.029
202009 3.546 105.818 4.144
202012 0.522 105.518 0.612
202103 4.501 107.518 5.177
202106 4.965 108.486 5.660
202109 6.066 109.435 6.855
202112 -2.208 110.384 -2.474
202203 2.750 113.968 2.984
202206 9.534 115.760 10.185
202209 8.769 118.818 9.127
202212 1.504 119.345 1.558
202303 7.330 122.402 7.406
202306 1.542 123.140 1.549
202309 5.162 124.195 5.140
202312 -5.860 123.668 -5.860

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.


Bayerische Motoren Werke AG  (XTER:BMW) 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.


Bayerische Motoren Werke AG Cyclically Adjusted Price-to-FCF Related Terms

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


Bayerische Motoren Werke AG (XTER:BMW) Business Description

Address
Petuelring 130, Munich, BY, DEU, 80809
In addition to being one of the world's leading premium light-vehicle manufacturers, BMW Group produces BMW motorcycles and provides financial services. Premium light-vehicle brands include BMW, Mini, and ultraluxury brand Rolls-Royce. Operations include 31 production facilities in 15 countries, research and development facilities in 17 countries, and a sales network reaching over 140 countries. In 2022, worldwide sales volume roughly 2.4 million automobiles and about 216,000 motorcycles.

Bayerische Motoren Werke AG (XTER:BMW) Headlines

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