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Ball (LTS:0HL5) Cyclically Adjusted FCF per Share : $0.77 (As of Jun. 2024)


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What is Ball 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.

Ball's adjusted free cash flow per share for the three months ended in Jun. 2024 was $0.468. 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 $0.77 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Ball's average Cyclically Adjusted FCF Growth Rate was -33.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -11.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -7.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 1.50% 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 Ball was 81.70% per year. The lowest was -39.40% per year. And the median was 10.30% per year.

As of today (2024-09-20), Ball's current stock price is $67.07. Ball's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was $0.77. Ball's Cyclically Adjusted Price-to-FCF of today is 87.10.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ball was 87.29. The lowest was 24.69. And the median was 40.44.


Ball Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ball'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.

Ball Cyclically Adjusted FCF per Share Chart

Ball 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 1.67 1.71 1.63 1.10 1.18

Ball Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.15 1.17 1.18 0.84 0.77

Competitive Comparison of Ball's Cyclically Adjusted FCF per Share

For the Packaging & Containers subindustry, Ball'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.


Ball's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

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

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.468/132.5538*132.5538
=0.468

Current CPI (Jun. 2024) = 132.5538.

Ball Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 1.145 100.428 1.511
201412 0.785 99.070 1.050
201503 -1.014 99.621 -1.349
201506 0.950 100.684 1.251
201509 0.912 100.392 1.204
201512 0.850 99.792 1.129
201603 -1.848 100.470 -2.438
201606 0.988 101.688 1.288
201609 -1.671 101.861 -2.175
201612 1.177 101.863 1.532
201703 -1.470 102.862 -1.894
201706 1.524 103.349 1.955
201709 0.890 104.136 1.133
201712 1.651 104.011 2.104
201803 -0.884 105.290 -1.113
201806 0.862 106.317 1.075
201809 1.204 106.507 1.498
201812 0.974 105.998 1.218
201903 -0.826 107.251 -1.021
201906 0.764 108.070 0.937
201909 0.743 108.329 0.909
201912 2.144 108.420 2.621
202003 -2.771 108.902 -3.373
202006 0.730 108.767 0.890
202009 1.025 109.815 1.237
202012 1.962 109.897 2.366
202103 -2.517 111.754 -2.985
202106 0.753 114.631 0.871
202109 0.787 115.734 0.901
202112 1.105 117.630 1.245
202203 -3.578 121.301 -3.910
202206 -0.161 125.017 -0.171
202209 -0.848 125.227 -0.898
202212 0.430 125.222 0.455
202303 -1.952 127.348 -2.032
202306 1.171 128.729 1.206
202309 1.714 129.860 1.750
202312 1.642 129.419 1.682
202403 -4.414 131.776 -4.440
202406 0.468 132.554 0.468

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


Ball  (LTS:0HL5) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=67.07/0.77
=87.10

* 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 Ball was 87.29. The lowest was 24.69. And the median was 40.44.


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.


Ball Cyclically Adjusted FCF per Share Related Terms

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


Ball Business Description

Address
9200 West 108th Circle, Westminster, CO, USA, 80021
Ball is the world's largest metal can manufacturer with market share over 40% in its three main regions (North America, Europe, and South America). The company is focused on increasing capacity amid a wave of new developed-market demand, while also investing in faster-growing emerging-market economies. Ball maintains a small presence in the U.S. defense industry through its aerospace segment. Ball spun-off its glass jar business in 1993 and is now owned by Newell. The company reports four segments—beverage packaging, North and Central America (44% of revenue), beverage packaging, EMEA (25%), beverage packaging, South America (14%), aerospace (14%)—and it generated $15.3 billion in revenue in 2022.

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