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Brunswick (FRA:BWI) Cyclically Adjusted FCF per Share : €3.53 (As of Mar. 2024)


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What is Brunswick 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.

Brunswick's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-2.786. 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 €3.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Brunswick's average Cyclically Adjusted FCF Growth Rate was 14.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 21.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 16.40% 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 Brunswick was 101.70% per year. The lowest was -60.00% per year. And the median was 18.40% per year.

As of today (2024-05-17), Brunswick's current stock price is €74.60. Brunswick's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.53. Brunswick's Cyclically Adjusted Price-to-FCF of today is 21.13.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Brunswick was 62.81. The lowest was 16.32. And the median was 39.68.


Brunswick Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Brunswick'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.

Brunswick Cyclically Adjusted FCF per Share Chart

Brunswick 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 1.51 1.90 2.48 2.98 3.55

Brunswick 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 3.02 3.08 3.34 3.55 3.53

Competitive Comparison of Brunswick's Cyclically Adjusted FCF per Share

For the Recreational Vehicles subindustry, Brunswick'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.


Brunswick's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



Brunswick 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, Brunswick'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)
=-2.786/131.7762*131.7762
=-2.786

Current CPI (Mar. 2024) = 131.7762.

Brunswick Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.200 100.560 1.573
201409 0.186 100.428 0.244
201412 0.634 99.070 0.843
201503 -1.612 99.621 -2.132
201506 1.897 100.684 2.483
201509 0.886 100.392 1.163
201512 0.858 99.792 1.133
201603 -1.277 100.470 -1.675
201606 2.508 101.688 3.250
201609 0.290 101.861 0.375
201612 0.871 101.863 1.127
201703 -1.470 102.862 -1.883
201706 2.031 103.349 2.590
201709 0.353 104.136 0.447
201712 1.149 104.011 1.456
201803 -0.952 105.290 -1.191
201806 2.168 106.317 2.687
201809 0.015 106.507 0.019
201812 0.361 105.998 0.449
201903 -1.665 107.251 -2.046
201906 1.720 108.070 2.097
201909 0.361 108.329 0.439
201912 1.777 108.420 2.160
202003 -1.521 108.902 -1.840
202006 2.903 108.767 3.517
202009 4.196 109.815 5.035
202012 0.993 109.897 1.191
202103 -0.369 111.754 -0.435
202106 2.809 114.631 3.229
202109 0.579 115.734 0.659
202112 0.256 117.630 0.287
202203 -2.848 121.301 -3.094
202206 2.402 125.017 2.532
202209 0.836 125.227 0.880
202212 2.408 125.222 2.534
202303 -1.422 127.348 -1.471
202306 2.447 128.729 2.505
202309 1.854 129.860 1.881
202312 3.005 129.419 3.060
202403 -2.786 131.776 -2.786

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


Brunswick  (FRA:BWI) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=74.60/3.53
=21.13

* 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 Brunswick was 62.81. The lowest was 16.32. And the median was 39.68.


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.


Brunswick Cyclically Adjusted FCF per Share Related Terms

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


Brunswick (FRA:BWI) Business Description

Industry
Traded in Other Exchanges
Address
26125 N. Riverwoods Boulevard, Suite 500, Mettawa, IL, USA, 60045-3420
Brunswick is a leading manufacturer in the marine recreation industry. The company has more than 60 brands delivering products across propulsion (outboard, sterndrive, and inboard engines, propulsion-related controls, rigging, and propellers), parts, accessories, and technology, and boats (including well-known brands like Boston Whaler and Sea Ray). It also owns numerous Freedom Boat Club (shared ownership) locations as well as Boateka, which facilitates transactions in the used boat market. Brunswick's focus surrounds building the innovative marine and recreational experiences, technologies, and connections supported by quality and innovation.

Brunswick (FRA:BWI) Headlines

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