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Ball (BALL) Cyclically Adjusted Price-to-FCF : 84.84 (As of May. 01, 2024)


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What is Ball Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Ball's current share price is $69.57. Ball's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.82. Ball's Cyclically Adjusted Price-to-FCF for today is 84.84.

The historical rank and industry rank for Ball's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BALL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.73   Med: 35.75   Max: 85.12
Current: 84.87

During the past years, Ball's highest Cyclically Adjusted Price-to-FCF was 85.12. The lowest was 21.73. And the median was 35.75.

BALL's Cyclically Adjusted Price-to-FCF is ranked worse than
90.68% of 161 companies
in the Packaging & Containers industry
Industry Median: 15.63 vs BALL: 84.87

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.

Ball's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-4.414. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ball Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ball's Cyclically Adjusted Price-to-FCF 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.

Ball Cyclically Adjusted Price-to-FCF Chart

Ball Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.51 54.58 58.69 46.88 49.08

Ball Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 50.56 49.99 42.44 49.08 82.18

Competitive Comparison of Ball's Cyclically Adjusted Price-to-FCF

For the Packaging & Containers subindustry, Ball'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.


Ball's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ball's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ball Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Ball's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=69.57/0.82
=84.84

* 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.

Ball's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ball'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)
=-4.414/129.4194*129.4194
=-4.414

Current CPI (Mar. 2024) = 129.4194.

Ball Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.953 100.560 1.227
201409 1.145 100.428 1.476
201412 0.785 99.070 1.025
201503 -1.014 99.621 -1.317
201506 0.950 100.684 1.221
201509 0.912 100.392 1.176
201512 0.850 99.792 1.102
201603 -1.848 100.470 -2.380
201606 0.988 101.688 1.257
201609 -1.671 101.861 -2.123
201612 1.177 101.863 1.495
201703 -1.470 102.862 -1.850
201706 1.524 103.349 1.908
201709 0.890 104.136 1.106
201712 1.651 104.011 2.054
201803 -0.884 105.290 -1.087
201806 0.862 106.317 1.049
201809 1.204 106.507 1.463
201812 0.974 105.998 1.189
201903 -0.826 107.251 -0.997
201906 0.764 108.070 0.915
201909 0.743 108.329 0.888
201912 2.144 108.420 2.559
202003 -2.771 108.902 -3.293
202006 0.730 108.767 0.869
202009 1.025 109.815 1.208
202012 1.962 109.897 2.311
202103 -2.517 111.754 -2.915
202106 0.753 114.631 0.850
202109 0.787 115.734 0.880
202112 1.105 117.630 1.216
202203 -3.578 121.301 -3.817
202206 -0.161 125.017 -0.167
202209 -0.848 125.227 -0.876
202212 0.430 125.222 0.444
202303 -1.952 127.348 -1.984
202306 1.171 128.729 1.177
202309 1.714 129.860 1.708
202312 1.642 129.419 1.642
202403 -4.414 129.419 -4.414

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


Ball  (NYSE:BALL) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Ball Cyclically Adjusted Price-to-FCF Related Terms

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


Ball (BALL) Business Description

Traded in Other Exchanges
Address
9200 West 108th Circle, Westminster, CO, USA, 80021
Ball is the world's largest metal can manufacturer with market share over 40% in its three main regions (North America, Europe, and South America). The company is focused on increasing capacity amid a wave of new developed-market demand, while also investing in faster-growing emerging-market economies. Ball maintains a small presence in the U.S. defense industry through its aerospace segment. Ball spun-off its glass jar business in 1993 and is now owned by Newell. The company reports four segments—beverage packaging, North and Central America (44% of revenue), beverage packaging, EMEA (25%), beverage packaging, South America (14%), aerospace (14%)—and it generated $15.3 billion in revenue in 2022.
Executives
Ronald J. Lewis officer: SR VP & COO C/O COCA-COLA ENTERPRISES, 2500 WINDY RIDGE PARKWAY, NW, 14TH FLOOR, ATLANTA GA 30339
Howard H Yu officer: E.V.P and C.F.O 250 S. KRAEMER BLVD., BREA CA 92821
Hannah S. Lim officer: SVP, CLO & CORP SEC 2135 WEST MAPLE ROAD, TROY MI 48084
Deron Goodwin officer: Vice President & Treasurer 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
David A Kaufman officer: President, Ball Aerospace 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
John A Hayes officer: VP, CORP STR, MKTG & PROD DEV C/O BALL CORP, 10 LONGS PEAK DR, BROOMFIELD CO 80021-2510
Daniel William Fisher officer: Sr VP & COO Global Bev Pkg 2526 SPRUCE MEADOWS DRIVE, BROOMFIELD CO 80023
Cynthia Niekamp director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Betty J. Sapp director C/O BALL CORPORATION, 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021-2510
Stacey J. Panayiotou officer: SVP and CHRO 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
Nate C Carey officer: Vice President & Controller 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021
Dune Ives director 9200 W. 108TH CIRCLE, WESTMINSTER CO 80021
Pedro Henrique Mariani director 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021
Michael J Cave director C/O ESTERLINE TECHNOLOGIES CORP, 500 108TH AVE NE, SUITE 1500, BELLEVUE WA 98004
Georgia R Nelson director C/O TOWER AUTOMOTIVE INC, 27175 HAGGERTY ROAD, NOVI MI 48377-3626

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