Black Diamond Group (TSX:BDI) Cyclically Adjusted FCF per Share: C$0.49 (As of Mar. 2026)

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TSX:BDI Black Diamond Group Ltd TSX:BDI
83 GF Score
Price C$18.99
GF Value C$10.91
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Black Diamond Group Cyclically Adjusted FCF per Share?

Black Diamond Group TSX:BDI -1.71% 83 Cyclically Adjusted FCF per Share is C$0.49 as of Mar. 2026. GuruFocus rates TSX:BDI with a GF Score™ of 83/100 and a GF Value™ of C$10.91 (Significantly Overvalued). The stock has 9 warning signs investors should review.

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.

Black Diamond Group's adjusted free cash flow per share for the three months ended in Mar. 2026 was C$0.066. 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$0.49 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Black Diamond Group's average Cyclically Adjusted FCF Growth Rate was -35.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -13.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.20% 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 Black Diamond Group was 66.60% per year. The lowest was -13.00% per year. And the median was 27.30% per year.

As of today (2026-07-24), Black Diamond Group's current stock price is C$18.99. Black Diamond Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was C$0.49. Black Diamond Group's Cyclically Adjusted Price-to-FCF of today is 38.76.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Black Diamond Group was 276.00. The lowest was 3.33. And the median was 8.88.


Black Diamond Group  (TSX:BDI) 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.

Black Diamond Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=18.99/0.49
=38.76

* 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 Black Diamond Group was 276.00. The lowest was 3.33. And the median was 8.88.


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.


Black Diamond Group Cyclically Adjusted FCF per Share Related Terms


Black Diamond Group Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Black Diamond Group'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.

Black Diamond Group Cyclically Adjusted FCF per Share Chart

Black Diamond Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.79 0.87 0.74 0.52

Black Diamond Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.76 0.68 0.64 0.52 0.49

TSX:BDI vs URI, SUNB, AER: Cyclically Adjusted FCF per Share Comparison

For the Rental & Leasing Services subindustry, Black Diamond Group'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.


Black Diamond Group Cyclically Adjusted Price-to-FCF vs Business Services Industry

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

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


TSX:BDI
83GF Score
Black Diamond Group Ltd TSX:BDI
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Black Diamond Group 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, Black Diamond Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.066/132.2623*132.2623
=0.066

Current CPI (Mar. 2026) = 132.2623.

Black Diamond Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.485 102.002 0.629
201609 0.094 101.765 0.122
201612 0.408 101.449 0.532
201703 0.019 102.634 0.024
201706 0.011 103.029 0.014
201709 -0.040 103.345 -0.051
201712 0.154 103.345 0.197
201803 0.265 105.004 0.334
201806 0.071 105.557 0.089
201809 0.124 105.636 0.155
201812 -0.065 105.399 -0.082
201903 0.067 106.979 0.083
201906 -0.037 107.690 -0.045
201909 0.037 107.611 0.045
201912 -0.010 107.769 -0.012
202003 -0.038 107.927 -0.047
202006 0.079 108.401 0.096
202009 0.040 108.164 0.049
202012 0.174 108.559 0.212
202103 0.162 110.298 0.194
202106 0.167 111.720 0.198
202109 0.092 112.905 0.108
202112 0.141 113.774 0.164
202203 0.106 117.646 0.119
202206 0.136 120.806 0.149
202209 0.203 120.648 0.223
202212 -0.171 120.964 -0.187
202303 0.260 122.702 0.280
202306 0.215 124.203 0.229
202309 0.217 125.230 0.229
202312 0.342 125.072 0.362
202403 0.084 126.258 0.088
202406 -0.420 127.522 -0.436
202409 0.123 127.285 0.128
202412 0.250 127.364 0.260
202503 0.300 129.181 0.307
202506 -0.064 129.892 -0.065
202509 0.012 130.287 0.012
202512 0.154 130.366 0.156
202603 0.066 132.262 0.066

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

What does a Cyclically Adjusted FCF per Share of C$0.49 mean?
Black Diamond Group (TSX:BDI) has a Cyclically Adjusted FCF per Share of C$0.49 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Black Diamond Group and its competitors.
Is Black Diamond Group's Cyclically Adjusted FCF per Share too high?
Black Diamond Group's current Cyclically Adjusted FCF per Share is C$0.49. Overall, Black Diamond Group has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Black Diamond Group's Cyclically Adjusted FCF per Share compare to URI and SUNB?
Black Diamond Group's Cyclically Adjusted FCF per Share of C$0.49 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Business Services company?
A good Cyclically Adjusted FCF per Share depends on the Business Services industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Black Diamond Group and its competitors. Black Diamond Group's current Cyclically Adjusted FCF per Share is C$0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Diamond Group stock overvalued right now?
Based on GuruFocus' analysis, Black Diamond Group (TSX:BDI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$10.91, compared to a current price of C$18.99 — trading 74.1% above its estimated fair value. The current Cyclically Adjusted FCF per Share is C$0.49. Black Diamond Group's overall GF Score™ is 83/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Black Diamond Group (TSX:BDI), the current Cyclically Adjusted FCF per Share is C$0.49 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Black Diamond Group (TSX:BDI) Overvalued in 2026?

Based on GuruFocus' analysis, Black Diamond Group stock appears to be overvalued. The current stock price of C$18.99 is trading 74.1% above its estimated GF Value™ of C$10.91. GuruFocus considers Black Diamond Group to be Significantly Overvalued.

Key valuation signals for TSX:BDI:

  • Cyclically Adjusted FCF per Share: C$0.49
  • GF Value™: C$10.91 vs. price of C$18.99 (74.1% above fair value)
  • GF Score™: 83/100 with 9 warning signs

No single metric tells the full story. See the TSX:BDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Black Diamond Group Business Description

Other Exchanges BDIMF:USA8B8:Germany
Address 440-2nd Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 5E9
Black Diamond Group Ltd is a specialty rentals and industrial services company with two operating business units - Modular Space Solutions and Workforce Solutions, which operate in Canada, the United States and Australia. Modular Space Solutions provides modular space rentals to customers throughout North America. Workforce Solutions provides workforce housing solutions including rental of accommodations and surface equipment, provision of full turnkey lodge services and provision of travel management logistics through the company's online digital marketplace, LodgeLink. The majority of the company's revenue is derived from the Workforce Solutions business. Canadally, it generates the maximum revenue from Canada.
83GF Score

Get the complete analysis for TSX:BDI

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$18.99
Price
C$10.91
GF Value