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Ballard Power Systems (XSWX:BLD) Cyclically Adjusted FCF per Share : CHF0.00 (As of Mar. 2024)


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What is Ballard Power Systems Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Ballard Power Systems's adjusted free cash flow per share for the three months ended in Mar. 2024 was CHF-0.082. 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 CHF0.00 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -11.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -3.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.60% 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 Ballard Power Systems was 17.50% per year. The lowest was -11.50% per year. And the median was 6.50% per year.

As of today (2024-06-20), Ballard Power Systems's current stock price is CHF14.00. Ballard Power Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was CHF0.00. Ballard Power Systems's Cyclically Adjusted Price-to-FCF of today is .


Ballard Power Systems Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ballard Power Systems'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.

Ballard Power Systems Cyclically Adjusted FCF per Share Chart

Ballard Power Systems 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 -0.13 -0.09 -0.24 - -

Ballard Power Systems 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 - - - - -

Competitive Comparison of Ballard Power Systems's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Ballard Power Systems'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.


Ballard Power Systems's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ballard Power Systems's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ballard Power Systems 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, Ballard Power Systems'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)
=-0.082/126.2576*126.2576
=-0.082

Current CPI (Mar. 2024) = 126.2576.

Ballard Power Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.042 99.473 -0.053
201409 -0.024 99.394 -0.030
201412 -0.064 98.367 -0.082
201503 -0.042 99.789 -0.053
201506 -0.045 100.500 -0.057
201509 -0.036 100.421 -0.045
201512 -0.076 99.947 -0.096
201603 -0.052 101.054 -0.065
201606 -0.032 102.002 -0.040
201609 -0.012 101.765 -0.015
201612 0.028 101.449 0.035
201703 -0.026 102.634 -0.032
201706 -0.001 103.029 -0.001
201709 -0.051 103.345 -0.062
201712 -0.012 103.345 -0.015
201803 -0.043 105.004 -0.052
201806 -0.100 105.557 -0.120
201809 -0.076 105.636 -0.091
201812 -0.007 105.399 -0.008
201903 -0.053 106.979 -0.063
201906 -0.005 107.690 -0.006
201909 -0.058 107.611 -0.068
201912 -0.004 107.769 -0.005
202003 -0.055 107.927 -0.064
202006 -0.071 108.401 -0.083
202009 -0.050 108.164 -0.058
202012 -0.035 108.559 -0.041
202103 -0.062 110.298 -0.071
202106 -0.069 111.720 -0.078
202109 -0.053 112.905 -0.059
202112 -0.112 113.774 -0.124
202203 -0.143 117.646 -0.153
202206 -0.156 120.806 -0.163
202209 -0.121 120.648 -0.127
202212 -0.112 120.964 -0.117
202303 -0.150 122.702 -0.154
202306 -0.130 124.203 -0.132
202309 -0.087 125.230 -0.088
202312 -0.075 125.072 -0.076
202403 -0.082 126.258 -0.082

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


Ballard Power Systems  (XSWX:BLD) 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.


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.


Ballard Power Systems Cyclically Adjusted FCF per Share Related Terms

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


Ballard Power Systems (XSWX:BLD) Business Description

Address
9000 Glenlyon Parkway, Burnaby, BC, CAN, V5J 5J8
Ballard Power Systems is a world leader in proton-exchange membrane fuel cells, power system development, and commercialization. The company's principal business is the design, development, manufacture, sale, and service of PEM fuel cell products for a variety of applications, focusing on power product markets of heavy-duty motive (bus, truck, rail, and marine applications), material handling, and stationary power generation. Sales are concentrated in the U.S., Europe, and China.

Ballard Power Systems (XSWX:BLD) Headlines

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