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The Brink's Co (FRA:PTY) Cyclically Adjusted FCF per Share : €4.33 (As of Mar. 2024)


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What is The Brink's Co 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.

The Brink's Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.238. 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 €4.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, The Brink's Co's average Cyclically Adjusted FCF Growth Rate was 37.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 27.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 21.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.00% 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 The Brink's Co was 95.40% per year. The lowest was -4.80% per year. And the median was 5.95% per year.

As of today (2024-05-21), The Brink's Co's current stock price is €88.00. The Brink's Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.33. The Brink's Co's Cyclically Adjusted Price-to-FCF of today is 20.32.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of The Brink's Co was 58.00. The lowest was 11.93. And the median was 20.79.


The Brink's Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for The Brink's Co'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.

The Brink's Co Cyclically Adjusted FCF per Share Chart

The Brink's Co 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 1.84 1.77 2.54 3.25 4.15

The Brink's Co 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 3.04 3.37 3.78 4.15 4.33

Competitive Comparison of The Brink's Co's Cyclically Adjusted FCF per Share

For the Security & Protection Services subindustry, The Brink's Co'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.


The Brink's Co's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, The Brink's Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



The Brink's Co 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, The Brink's Co'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)
=0.238/131.7762*131.7762
=0.238

Current CPI (Mar. 2024) = 131.7762.

The Brink's Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.228 100.560 -0.299
201409 -0.022 100.428 -0.029
201412 0.250 99.070 0.333
201503 -0.709 99.621 -0.938
201506 0.815 100.684 1.067
201509 0.396 100.392 0.520
201512 1.214 99.792 1.603
201603 -1.063 100.470 -1.394
201606 0.478 101.688 0.619
201609 0.285 101.861 0.369
201612 1.731 101.863 2.239
201703 0.211 102.862 0.270
201706 0.724 103.349 0.923
201709 -0.550 104.136 -0.696
201712 1.650 104.011 2.090
201803 0.313 105.290 0.392
201806 0.262 106.317 0.325
201809 0.145 106.507 0.179
201812 2.856 105.998 3.551
201903 -1.273 107.251 -1.564
201906 0.363 108.070 0.443
201909 1.510 108.329 1.837
201912 2.996 108.420 3.641
202003 -0.388 108.902 -0.469
202006 -1.691 108.767 -2.049
202009 2.033 109.815 2.440
202012 3.160 109.897 3.789
202103 -0.572 111.754 -0.674
202106 0.680 114.631 0.782
202109 2.570 115.734 2.926
202112 2.716 117.630 3.043
202203 -2.130 121.301 -2.314
202206 1.405 125.017 1.481
202209 2.367 125.227 2.491
202212 4.537 125.222 4.774
202303 -1.779 127.348 -1.841
202306 2.072 128.729 2.121
202309 2.865 129.860 2.907
202312 6.818 129.419 6.942
202403 0.238 131.776 0.238

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


The Brink's Co  (FRA:PTY) 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.

The Brink's Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=88.00/4.33
=20.32

* 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 The Brink's Co was 58.00. The lowest was 11.93. And the median was 20.79.


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.


The Brink's Co Cyclically Adjusted FCF per Share Related Terms

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


The Brink's Co (FRA:PTY) Business Description

Industry
Traded in Other Exchanges
Address
1801 Bayberry Court, P.O. Box 18100, Richmond, VA, USA, 23226-8100
The Brink's Co is a Global provider of secure logistics and security solutions for cash and other valuables. In 2020, the company acquired the U.K.-based G4S that reorganized its operating segments to be North America, Latin America, Europe, and Rest of World. It generates maximum revenue from the North America segment, namely from its core business of cash-in-transit and ATM services. The Latin America and Europe segments trail North America in revenue earnings with the Brinks Global Services line of business that specializes in the secure transportation of high-valued commodities, such as jewelry, precious metals, banknotes, and electronics. Brink's customer base includes financial institutions, retails, government agencies, mints, and other commercial businesses.