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Badger Infrastructure Solutions (TSX:BDGI) Cyclically Adjusted FCF per Share : C$0.81 (As of Dec. 2023)


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What is Badger Infrastructure Solutions 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.

Badger Infrastructure Solutions's adjusted free cash flow per share for the three months ended in Dec. 2023 was C$1.044. 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 C$0.81 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Badger Infrastructure Solutions's average Cyclically Adjusted FCF Growth Rate was 22.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 23.20% 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 Badger Infrastructure Solutions was 94.30% per year. The lowest was -31.70% per year. And the median was 17.40% per year.

As of today (2024-05-01), Badger Infrastructure Solutions's current stock price is C$44.95. Badger Infrastructure Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$0.81. Badger Infrastructure Solutions's Cyclically Adjusted Price-to-FCF of today is 55.49.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Badger Infrastructure Solutions was 655.40. The lowest was 37.81. And the median was 94.03.


Badger Infrastructure Solutions Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Badger Infrastructure Solutions'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.

Badger Infrastructure Solutions Cyclically Adjusted FCF per Share Chart

Badger Infrastructure Solutions 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 0.31 0.50 0.58 0.66 0.81

Badger Infrastructure Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.66 0.67 0.66 0.71 0.81

Competitive Comparison of Badger Infrastructure Solutions's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, Badger Infrastructure Solutions'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.


Badger Infrastructure Solutions's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Badger Infrastructure Solutions's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Badger Infrastructure Solutions 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, Badger Infrastructure Solutions's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.044/125.4675*125.4675
=1.044

Current CPI (Dec. 2023) = 125.4675.

Badger Infrastructure Solutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.428 98.604 -0.545
201406 0.005 99.473 0.006
201409 -0.177 99.394 -0.223
201412 0.206 98.367 0.263
201503 0.037 99.789 0.047
201506 0.508 100.500 0.634
201509 0.393 100.421 0.491
201512 0.668 99.947 0.839
201603 0.322 101.054 0.400
201606 0.334 102.002 0.411
201609 0.287 101.765 0.354
201612 0.532 101.449 0.658
201703 -0.001 102.634 -0.001
201706 -0.333 103.029 -0.406
201709 -0.123 103.345 -0.149
201712 0.568 103.345 0.690
201803 0.248 105.004 0.296
201806 -0.363 105.557 -0.431
201809 -0.061 105.636 -0.072
201812 1.245 105.399 1.482
201903 0.270 106.979 0.317
201906 -0.460 107.690 -0.536
201909 -0.612 107.611 -0.714
201912 0.258 107.769 0.300
202003 0.106 107.927 0.123
202006 1.158 108.401 1.340
202009 0.441 108.164 0.512
202012 0.562 108.559 0.650
202103 0.682 110.298 0.776
202106 -0.175 111.720 -0.197
202109 -0.396 112.905 -0.440
202112 0.265 113.774 0.292
202203 0.077 117.646 0.082
202206 -0.746 120.806 -0.775
202209 0.158 120.648 0.164
202212 0.637 120.964 0.661
202303 -0.264 122.702 -0.270
202306 -0.122 124.203 -0.123
202309 0.102 125.230 0.102
202312 1.044 125.468 1.044

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


Badger Infrastructure Solutions  (TSX:BDGI) 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.

Badger Infrastructure Solutions's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=44.95/0.81
=55.49

* 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 Badger Infrastructure Solutions was 655.40. The lowest was 37.81. And the median was 94.03.


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.


Badger Infrastructure Solutions Cyclically Adjusted FCF per Share Related Terms

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


Badger Infrastructure Solutions (TSX:BDGI) Business Description

Traded in Other Exchanges
Address
911 - 11th Avenue SW, Suite 400, ATCO Building ll, 4th Floor, Calgary, AB, CAN, T2R 1P3
Badger Infrastructure Solutions Ltd is North America's provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units, giving an opportunity to incorporate feedback from its hydrovac operators into its existing and future design and manufacturing processes. Badger's two reportable segments are Canada and the United States.

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