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Chicago Bridge & Iron Co NV (FRA:BDZ) Cyclically Adjusted FCF per Share : €0.00 (As of Mar. 2018)


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What is Chicago Bridge & Iron Co NV 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.

Chicago Bridge & Iron Co NV's adjusted free cash flow per share for the three months ended in Mar. 2018 was €-1.963. 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 €0.00 for the trailing ten years ended in Mar. 2018.

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 (2024-06-10), Chicago Bridge & Iron Co NV's current stock price is €13.50. Chicago Bridge & Iron Co NV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2018 was €0.00. Chicago Bridge & Iron Co NV's Cyclically Adjusted Price-to-FCF of today is .


Chicago Bridge & Iron Co NV Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Chicago Bridge & Iron Co NV'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.

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Chicago Bridge & Iron Co NV Cyclically Adjusted FCF per Share Chart

Chicago Bridge & Iron Co NV Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted FCF per Share
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Chicago Bridge & Iron Co NV Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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Competitive Comparison of Chicago Bridge & Iron Co NV's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, Chicago Bridge & Iron Co NV'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.


Chicago Bridge & Iron Co NV's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Chicago Bridge & Iron Co NV's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chicago Bridge & Iron Co NV's Cyclically Adjusted Price-to-FCF falls into.



Chicago Bridge & Iron Co NV 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, Chicago Bridge & Iron Co NV's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2018 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2018 (Change)*Current CPI (Mar. 2018)
=-1.963/102.4700*102.4700
=-1.963

Current CPI (Mar. 2018) = 102.4700.

Chicago Bridge & Iron Co NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200806 -0.673 89.580 -0.770
200809 -0.016 90.280 -0.018
200812 -0.867 89.090 -0.997
200903 -0.492 90.850 -0.555
200906 0.593 90.850 0.669
200909 0.341 90.620 0.386
200912 0.916 90.080 1.042
201003 0.072 91.770 0.080
201006 0.177 91.600 0.198
201009 0.300 92.050 0.334
201012 1.455 91.820 1.624
201103 -0.314 93.460 -0.344
201106 -0.040 93.570 -0.044
201109 1.570 94.530 1.702
201112 1.572 94.040 1.713
201203 0.371 95.780 0.397
201206 -0.441 95.570 -0.473
201209 0.735 96.720 0.779
201212 0.334 96.760 0.354
201303 -2.440 98.580 -2.536
201306 -0.101 98.320 -0.105
201309 0.600 99.080 0.621
201312 0.342 98.360 0.356
201403 -1.141 99.390 -1.176
201406 -1.756 99.240 -1.813
201409 0.027 99.960 0.028
201412 4.268 99.050 4.415
201503 -2.527 99.750 -2.596
201506 0.573 100.230 0.586
201509 0.009 100.500 0.009
201512 0.809 99.730 0.831
201603 1.109 100.310 1.133
201606 1.370 100.260 1.400
201609 1.427 100.570 1.454
201612 1.359 100.710 1.383
201703 -2.795 101.440 -2.823
201706 -1.742 101.370 -1.761
201709 -1.878 102.030 -1.886
201712 -1.894 101.970 -1.903
201803 -1.963 102.470 -1.963

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


Chicago Bridge & Iron Co NV  (FRA:BDZ) 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.


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.


Chicago Bridge & Iron Co NV Cyclically Adjusted FCF per Share Related Terms

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


Chicago Bridge & Iron Co NV (FRA:BDZ) Business Description

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Founded in 1889, Chicago Bridge & Iron provides a wide range of services, including conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management, and environmental services, to customers in the global energy infrastructure market. It also provides diversified government services. It generated 2017 adjusted revenue and adjusted EBIT of $5.8 billion and a loss of $180 million, respectively. CB&I employs 34,000 at active projects in more than 70 countries.

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