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Brady (STU:BRV) Cyclically Adjusted FCF per Share : €2.77 (As of Jul. 2024)


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What is Brady 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.

Brady's adjusted free cash flow per share for the three months ended in Jul. 2024 was €1.405. 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 €2.77 for the trailing ten years ended in Jul. 2024.

During the past 12 months, Brady's average Cyclically Adjusted FCF Growth Rate was 11.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 1.90% 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 Brady was 20.20% per year. The lowest was -2.10% per year. And the median was 11.40% per year.

As of today (2024-09-21), Brady's current stock price is €66.50. Brady's Cyclically Adjusted FCF per Share for the quarter that ended in Jul. 2024 was €2.77. Brady's Cyclically Adjusted Price-to-FCF of today is 24.01.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Brady was 25.27. The lowest was 8.82. And the median was 18.67.


Brady Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Brady'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.

Brady Cyclically Adjusted FCF per Share Chart

Brady Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 2.01 2.42 2.39 2.77

Brady Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 2.39 2.61 2.54 2.66 2.77

Competitive Comparison of Brady's Cyclically Adjusted FCF per Share

For the Security & Protection Services subindustry, Brady'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.


Brady's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

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

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jul. 2024 (Change)*Current CPI (Jul. 2024)
=1.405/132.7078*132.7078
=1.405

Current CPI (Jul. 2024) = 132.7078.

Brady Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201410 0.110 100.176 0.146
201501 -0.017 98.604 -0.023
201504 0.414 99.824 0.550
201507 0.663 100.691 0.874
201510 0.489 100.346 0.647
201601 0.478 99.957 0.635
201604 0.641 100.947 0.843
201607 0.548 101.524 0.716
201610 0.530 101.988 0.690
201701 0.291 102.456 0.377
201704 0.611 103.167 0.786
201707 0.807 103.278 1.037
201710 0.502 104.070 0.640
201801 0.048 104.578 0.061
201804 0.626 105.708 0.786
201807 0.766 106.324 0.956
201810 0.210 106.695 0.261
201901 0.317 106.200 0.396
201904 0.787 107.818 0.969
201907 0.832 108.250 1.020
201910 0.524 108.577 0.640
202001 0.149 108.841 0.182
202004 0.596 108.173 0.731
202007 0.654 109.318 0.794
202010 0.870 109.861 1.051
202101 0.485 110.364 0.583
202104 0.783 112.673 0.922
202107 0.723 115.183 0.833
202110 0.266 116.696 0.302
202201 -0.140 118.619 -0.157
202204 0.632 121.978 0.688
202207 0.628 125.002 0.667
202210 0.489 125.734 0.516
202301 0.465 126.223 0.489
202304 1.235 127.992 1.281
202307 1.336 128.974 1.375
202310 0.989 129.810 1.011
202401 -0.254 130.124 -0.259
202404 1.241 132.289 1.245
202407 1.405 132.708 1.405

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


Brady  (STU:BRV) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=66.50/2.77
=24.01

* 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 Brady was 25.27. The lowest was 8.82. And the median was 18.67.


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.


Brady Cyclically Adjusted FCF per Share Related Terms

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


Brady Business Description

Industry
Traded in Other Exchanges
Address
6555 West Good Hope Road, Milwaukee, WI, USA, 53223
Brady Corp provides identification solutions and workplace safety products. The company offers identification and healthcare products that are sold under the Brady brand to maintenance, repair, and operations as well as original equipment manufacturing customers. Products include safety signs and labelling systems, material identification systems, wire identification, patient identification, and people identification. Brady also provides workplace safety and compliance products such as safety and compliance signs, asset tracking labels, and first-aid products. The largest end market is the United States.

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