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Bic (BICEY) Cyclically Adjusted Price-to-FCF : 12.58 (As of May. 02, 2024)


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What is Bic Cyclically Adjusted Price-to-FCF?

As of today (2024-05-02), Bic's current share price is $34.2125. Bic's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 was $2.72. Bic's Cyclically Adjusted Price-to-FCF for today is 12.58.

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

BICEY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.54   Med: 18.96   Max: 41.15
Current: 12.93

During the past 13 years, Bic's highest Cyclically Adjusted Price-to-FCF was 41.15. The lowest was 9.54. And the median was 18.96.

BICEY's Cyclically Adjusted Price-to-FCF is ranked better than
72.64% of 709 companies
in the Consumer Packaged Goods industry
Industry Median: 23.75 vs BICEY: 12.93

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.

Bic's adjusted free cash flow per share data of for the fiscal year that ended in Dec22 was $2.571. 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 $2.72 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bic Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bic'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.

Bic Cyclically Adjusted Price-to-FCF Chart

Bic Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.44 14.69 10.55 10.02 12.64

Bic Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 10.02 - 12.64 -

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

For the Household & Personal Products subindustry, Bic'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.


Bic's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bic's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Bic 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=34.2125/2.72
=12.58

* 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.

Bic's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Bic's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=2.571/114.1600*114.1600
=2.571

Current CPI (Dec22) = 114.1600.

Bic Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 3.189 99.800 3.648
201412 3.066 99.860 3.505
201512 2.814 100.040 3.211
201612 1.314 100.650 1.490
201712 2.605 101.850 2.920
201812 2.217 103.470 2.446
201912 2.611 104.980 2.839
202012 3.701 104.960 4.025
202112 2.694 107.850 2.852
202212 2.571 114.160 2.571

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.


Bic  (OTCPK:BICEY) 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.


Bic Cyclically Adjusted Price-to-FCF Related Terms

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


Bic (BICEY) Business Description

Traded in Other Exchanges
Address
14 rue Jeanne-d'Asnieres, Clichy Cedex, Paris, FRA, 92611
Bic SA manufactures and markets writing instruments, lighters, shavers, advertising, and promotional products in France and globally. The company offers its products through various channels stationery stores, office supplies companies, convenience stores, distributors, wholesalers, cash-and-carry stores, e-commerce. Its main well-known brands are BIC, BIC Kids, BIC Graphic, BIC Matic, BIC Tipp-Ex, Wite-Out, Ecolutions, and Cello. By net sales, the biggest market is North America, followed by Europe and the developing markets (Middle East, Africa, Latin America, and Asia).