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BorgWarner (BSP:B1WA34) Cyclically Adjusted Price-to-FCF : 13.50 (As of May. 14, 2024)


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What is BorgWarner Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), BorgWarner's current share price is R$176.76. BorgWarner's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$13.09. BorgWarner's Cyclically Adjusted Price-to-FCF for today is 13.50.

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

BSP:B1WA34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.06   Med: 21.47   Max: 55.09
Current: 13.7

During the past years, BorgWarner's highest Cyclically Adjusted Price-to-FCF was 55.09. The lowest was 9.06. And the median was 21.47.

BSP:B1WA34's Cyclically Adjusted Price-to-FCF is ranked better than
68.64% of 491 companies
in the Vehicles & Parts industry
Industry Median: 21.97 vs BSP:B1WA34: 13.70

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.

BorgWarner's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$-6.718. 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 R$13.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BorgWarner Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for BorgWarner'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.

BorgWarner Cyclically Adjusted Price-to-FCF Chart

BorgWarner 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 19.18 15.20 15.64 13.22 12.64

BorgWarner 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 16.08 16.64 15.51 12.64 12.65

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

For the Auto Parts subindustry, BorgWarner'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.


BorgWarner's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



BorgWarner 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=176.76/13.09
=13.50

* 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.

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

For example, BorgWarner'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)
=-6.718/129.4194*129.4194
=-6.718

Current CPI (Mar. 2024) = 129.4194.

BorgWarner Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.448 100.560 1.864
201409 0.812 100.428 1.046
201412 1.049 99.070 1.370
201503 -1.484 99.621 -1.928
201506 1.944 100.684 2.499
201509 0.295 100.392 0.380
201512 4.165 99.792 5.402
201603 -1.185 100.470 -1.526
201606 3.119 101.688 3.970
201609 1.686 101.861 2.142
201612 4.679 101.863 5.945
201703 -1.040 102.862 -1.309
201706 3.360 103.349 4.208
201709 1.324 104.136 1.645
201712 6.017 104.011 7.487
201803 -1.944 105.290 -2.390
201806 2.892 106.317 3.520
201809 2.481 106.507 3.015
201812 7.782 105.998 9.502
201903 -1.428 107.251 -1.723
201906 5.593 108.070 6.698
201909 5.092 108.329 6.083
201912 0.973 108.420 1.161
202003 3.460 108.902 4.112
202006 0.252 108.767 0.300
202009 9.690 109.815 11.420
202012 4.253 109.897 5.009
202103 3.427 111.754 3.969
202106 2.791 114.631 3.151
202109 -0.220 115.734 -0.246
202112 10.033 117.630 11.039
202203 -1.270 121.301 -1.355
202206 1.315 125.017 1.361
202209 2.760 125.227 2.852
202212 9.677 125.222 10.001
202303 -4.000 127.348 -4.065
202306 -1.491 128.729 -1.499
202309 2.896 129.860 2.886
202312 14.230 129.419 14.230
202403 -6.718 129.419 -6.718

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.


BorgWarner  (BSP:B1WA34) 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.


BorgWarner Cyclically Adjusted Price-to-FCF Related Terms

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


BorgWarner (BSP:B1WA34) Business Description

Traded in Other Exchanges
Address
3850 Hamlin Road, Auburn Hills, MI, USA, 48326
BorgWarner is a Tier I auto-parts supplier with three operating segments. The air management group makes turbochargers, e-boosters, e-turbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, powertrain sensors, and cabin heaters. The drivetrain and battery systems group produces automatic transmission components, torque management products, battery heaters, battery charging, and battery modules. The e-propulsion segment makes e-motors, power electronics, and software and control modules. The company's largest customers are Ford and Volkswagen at 13% and 8% of 2022 revenue, respectively. Geographically, Europe accounted for 34% of 2022 revenue, while Asia and North America were 32% each.

BorgWarner (BSP:B1WA34) Headlines

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