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Braskem (Braskem) Cyclically Adjusted FCF per Share : $1.69 (As of Mar. 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 Mar. 2024 was $0.048. 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 $1.69 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Braskem's average Cyclically Adjusted FCF Growth Rate was 13.20% 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 (2024-06-04), Braskem's current stock price is $7.01. Braskem's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.69. Braskem's Cyclically Adjusted Price-to-FCF of today is 4.15.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Braskem was 488.89. The lowest was 4.59. And the median was 28.19.


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 0.62 0.56 1.15 1.38 1.56

Braskem 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 1.37 1.49 1.36 1.56 1.69

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 Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.048/159.3724*159.3724
=0.048

Current CPI (Mar. 2024) = 159.3724.

Braskem Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.995 91.838 -1.727
201409 0.070 92.602 0.120
201412 0.267 94.194 0.452
201503 1.417 97.799 2.309
201506 -0.405 100.006 -0.645
201509 1.231 101.392 1.935
201512 1.111 104.247 1.698
201603 -0.216 106.979 -0.322
201606 -0.066 108.851 -0.097
201609 1.423 109.986 2.062
201612 0.327 110.802 0.470
201703 0.238 111.869 0.339
201706 -1.061 112.115 -1.508
201709 0.571 112.777 0.807
201712 0.436 114.068 0.609
201803 1.070 114.868 1.485
201806 2.390 117.038 3.255
201809 0.889 117.881 1.202
201812 0.071 118.340 0.096
201903 0.385 120.124 0.511
201906 -0.784 120.977 -1.033
201909 -0.064 121.292 -0.084
201912 0.015 123.436 0.019
202003 0.636 124.092 0.817
202006 -0.595 123.557 -0.767
202009 0.240 125.095 0.306
202012 1.471 129.012 1.817
202103 0.808 131.660 0.978
202106 0.889 133.871 1.058
202109 2.341 137.913 2.705
202112 1.268 141.992 1.423
202203 0.510 146.537 0.555
202206 0.441 149.784 0.469
202209 0.683 147.800 0.736
202212 0.373 150.207 0.396
202303 -1.912 153.352 -1.987
202306 0.554 154.519 0.571
202309 -1.874 155.464 -1.921
202312 -0.112 157.148 -0.114
202403 0.048 159.372 0.048

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


Braskem  (NYSE:BAK) 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
=7.01/1.69
=4.15

* 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 4.59. And the median was 28.19.


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 (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 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.