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Braskem (BSP:BRKM6) Cyclically Adjusted FCF per Share : R$2.80 (As of Sep. 2024)


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What is Braskem 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.

Braskem's adjusted free cash flow per share for the three months ended in Sep. 2024 was R$-1.023. 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 R$2.80 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Braskem's average Cyclically Adjusted FCF Growth Rate was 15.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 35.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 30.60% 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 Braskem was 54.10% per year. The lowest was -10.00% per year. And the median was 27.80% per year.

As of today (2024-12-13), Braskem's current stock price is R$9.00. Braskem's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was R$2.80. Braskem's Cyclically Adjusted Price-to-FCF of today is 3.21.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Braskem was 488.89. The lowest was 3.44. And the median was 26.51.


Braskem Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Braskem'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.

Braskem Cyclically Adjusted FCF per Share Chart

Braskem 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 1.00 1.12 1.86 3.83 2.75

Braskem Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.06 2.75 2.44 3.75 2.80

Competitive Comparison of Braskem's Cyclically Adjusted FCF per Share

For the Chemicals subindustry, Braskem'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.


Braskem's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Braskem's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Braskem 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, Braskem's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-1.023/162.3424*162.3424
=-1.023

Current CPI (Sep. 2024) = 162.3424.

Braskem Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.177 94.194 0.305
201503 1.113 97.799 1.848
201506 -0.315 100.006 -0.511
201509 1.201 101.392 1.923
201512 1.078 104.247 1.679
201603 -0.200 106.979 -0.304
201606 -0.057 108.851 -0.085
201609 1.158 109.986 1.709
201612 0.275 110.802 0.403
201703 0.186 111.869 0.270
201706 -0.874 112.115 -1.266
201709 0.447 112.777 0.643
201712 0.359 114.068 0.511
201803 0.877 114.868 1.239
201806 2.253 117.038 3.125
201809 0.914 117.881 1.259
201812 0.069 118.340 0.095
201903 0.369 120.124 0.499
201906 -0.755 120.977 -1.013
201909 -0.066 121.292 -0.088
201912 0.016 123.436 0.021
202003 0.777 124.092 1.017
202006 -0.772 123.557 -1.014
202009 0.324 125.095 0.420
202012 1.892 129.012 2.381
202103 1.138 131.660 1.403
202106 1.117 133.871 1.355
202109 3.089 137.913 3.636
202112 1.793 141.992 2.050
202203 0.635 146.537 0.703
202206 0.557 149.784 0.604
202209 0.895 147.800 0.983
202212 0.490 150.207 0.530
202303 -2.490 153.352 -2.636
202306 0.672 154.519 0.706
202309 -2.314 155.464 -2.416
202312 -0.137 157.148 -0.142
202403 0.060 159.372 0.061
202406 0.266 161.052 0.268
202409 -1.023 162.342 -1.023

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


Braskem  (BSP:BRKM6) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.00/2.8
=3.21

* 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 Braskem was 488.89. The lowest was 3.44. And the median was 26.51.


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.


Braskem Cyclically Adjusted FCF per Share Related Terms

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


Braskem Business Description

Industry
Address
Rua Lemos Monteiro, 120-24 Andar, Butanta, SP, BRA, CEP 05501-050
Braskem SA manufactures and sells chemicals, petrochemicals, fuels, and utilities. The company's geographical segments include Brazil; the United States and Europe and Mexico. It derives a majority of its revenue from Brazil. It produces olefins, such as ethylene, polymer and chemical-grade propylene, butadiene, and butene-1; fuels, such as automotive gasoline, liquefied petroleum gas, or LPG, ethyl tertiary-butyl ether, or ETBE, and methyl tertiary-butyl ether, or MTBE; intermediates, such as cumene and others.

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