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Besalco (XSGO:BESALCO) Cyclically Adjusted FCF per Share : CLP6.06 (As of Dec. 2023)


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What is Besalco 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.

Besalco's adjusted free cash flow per share for the three months ended in Dec. 2023 was CLP9.820. 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 CLP6.06 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-04-30), Besalco's current stock price is CLP551.47. Besalco's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was CLP6.06. Besalco's Cyclically Adjusted Price-to-FCF of today is 91.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Besalco was 115.55. The lowest was 74.28. And the median was 95.42.


Besalco Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Besalco'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.

Besalco Cyclically Adjusted FCF per Share Chart

Besalco 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 - -46.66 -39.51 -20.12 6.06

Besalco 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 -20.12 -16.44 -8.23 3.88 6.06

Competitive Comparison of Besalco's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, Besalco'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.


Besalco's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



Besalco 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, Besalco'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)
=9.82/146.1089*146.1089
=9.820

Current CPI (Dec. 2023) = 146.1089.

Besalco Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -6.846 94.584 -10.575
201406 -65.579 95.543 -100.287
201409 -32.847 96.883 -49.536
201412 35.093 97.515 52.581
201503 7.513 98.539 11.140
201506 -41.204 99.770 -60.341
201509 17.945 101.383 25.862
201512 50.732 101.775 72.831
201603 -31.380 102.930 -44.544
201606 11.272 103.965 15.841
201609 -1.705 104.521 -2.383
201612 38.510 104.532 53.827
201703 16.213 105.752 22.400
201706 9.573 105.730 13.229
201709 21.281 106.035 29.324
201712 -38.226 106.907 -52.243
201803 -16.726 107.670 -22.697
201806 -48.192 108.421 -64.944
201809 -87.795 109.369 -117.287
201812 17.749 109.653 23.650
201903 -23.931 110.339 -31.689
201906 9.898 111.352 12.987
201909 -0.011 111.821 -0.014
201912 13.578 112.943 17.565
202003 -7.238 114.468 -9.239
202006 -9.597 114.283 -12.270
202009 27.849 115.275 35.298
202012 19.393 116.299 24.364
202103 -4.582 117.770 -5.685
202106 20.672 118.630 25.460
202109 17.328 121.431 20.850
202112 40.204 124.634 47.131
202203 29.081 128.850 32.976
202206 8.165 133.448 8.940
202209 32.054 138.101 33.913
202212 18.964 140.574 19.711
202303 18.035 143.145 18.408
202306 14.556 143.538 14.817
202309 1.361 145.172 1.370
202312 9.820 146.109 9.820

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


Besalco  (XSGO:BESALCO) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=551.47/6.06
=91.00

* 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 Besalco was 115.55. The lowest was 74.28. And the median was 95.42.


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.


Besalco Cyclically Adjusted FCF per Share Related Terms

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


Besalco (XSGO:BESALCO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ebro 2705, Las Condes, Santiago, CHL
Besalco SA is a Chile-based holding company. Through its subsidiaries, the company is engaged in the provision of engineering and construction services. The company covers business sectors such as Civil works and industrial construction, Machinery services, Real estate and Concessions and energy. It specializes in undertaking civil works, building projects, industrial installations, public works concessions, mining services, operational services of machinery and others.

Besalco (XSGO:BESALCO) Headlines

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