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BMMI BSC (BAH:BMMI) Cyclically Adjusted FCF per Share : BHD0.06 (As of Mar. 2024)


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What is BMMI BSC 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.

BMMI BSC's adjusted free cash flow per share for the three months ended in Mar. 2024 was BHD0.025. 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 BHD0.06 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-05-23), BMMI BSC's current stock price is BHD0.565. BMMI BSC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was BHD0.06. BMMI BSC's Cyclically Adjusted Price-to-FCF of today is 9.42.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BMMI BSC was 12.50. The lowest was 8.43. And the median was 10.83.


BMMI BSC Cyclically Adjusted FCF per Share Historical Data

The historical data trend for BMMI BSC'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.

BMMI BSC Cyclically Adjusted FCF per Share Chart

BMMI BSC 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 - - - 0.06 0.07

BMMI BSC 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 0.06 0.06 0.07 0.07 0.06

Competitive Comparison of BMMI BSC's Cyclically Adjusted FCF per Share

For the Grocery Stores subindustry, BMMI BSC'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.


BMMI BSC's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, BMMI BSC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



BMMI BSC 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, BMMI BSC'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)
=0.025/131.7762*131.7762
=0.025

Current CPI (Mar. 2024) = 131.7762.

BMMI BSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.003 100.560 0.004
201409 -0.006 100.428 -0.008
201412 0.035 99.070 0.047
201503 0.005 99.621 0.007
201506 0.014 100.684 0.018
201509 0.014 100.392 0.018
201512 0.024 99.792 0.032
201603 -0.013 100.470 -0.017
201606 -0.015 101.688 -0.019
201609 0.007 101.861 0.009
201612 0.036 101.863 0.047
201703 0.004 102.862 0.005
201706 0.007 103.349 0.009
201709 0.008 104.136 0.010
201712 0.019 104.011 0.024
201803 0.002 105.290 0.003
201806 0.010 106.317 0.012
201809 0.024 106.507 0.030
201812 0.030 105.998 0.037
201903 -0.015 107.251 -0.018
201906 0.018 108.070 0.022
201909 0.008 108.329 0.010
201912 0.036 108.420 0.044
202003 0.017 108.902 0.021
202006 0.001 108.767 0.001
202009 -0.001 109.815 -0.001
202012 0.020 109.897 0.024
202103 0.015 111.754 0.018
202106 0.015 114.631 0.017
202109 0.032 115.734 0.036
202112 0.000 117.630 0.000
202203 0.010 121.301 0.011
202206 0.001 125.017 0.001
202209 0.020 125.227 0.021
202212 0.016 125.222 0.017
202303 0.027 127.348 0.028
202306 0.009 128.729 0.009
202309 0.037 129.860 0.038
202312 0.036 129.419 0.037
202403 0.025 131.776 0.025

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


BMMI BSC  (BAH:BMMI) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.565/0.06
=9.42

* 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 BMMI BSC was 12.50. The lowest was 8.43. And the median was 10.83.


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.


BMMI BSC Cyclically Adjusted FCF per Share Related Terms

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


BMMI BSC (BAH:BMMI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Road 2831, Block 343, Building 68, Mina Salman, Manama, BHR
BMMI BSC is engaged in the wholesale and retail of food, beverages, and other consumable items, logistics and shipping services. It also own 5 star hotel in the kingdom of Bahrain. The group's operation are conducted in the Kingdom of Bahrain, Qatar, United Arab Emirates, Saudi Arabia, Iraq, America, Ghana, and many others country.

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