GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bematech SA (BSP:BEMA3) » Definitions » Cyclically Adjusted Price-to-FCF

Bematech (BSP:BEMA3) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


View and export this data going back to . Start your Free Trial

What is Bematech Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bematech Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bematech'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.

Bematech Cyclically Adjusted Price-to-FCF Chart

Bematech Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Bematech Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 - - - - -

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

For the Computer Hardware subindustry, Bematech'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.


Bematech's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bematech's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Bematech 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.

Bematech's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec14 is calculated as:

For example, Bematech's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec14 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec14 (Change)*Current CPI (Dec14)
=0.058/94.1937*94.1937
=0.058

Current CPI (Dec14) = 94.1937.

Bematech Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200512 13.132 58.824 21.028
200612 -2.071 60.672 -3.215
200712 -2.258 63.377 -3.356
200812 0.200 67.118 0.281
200912 -0.494 70.012 -0.665
201012 0.541 74.149 0.687
201112 0.300 78.971 0.358
201212 0.030 83.581 0.034
201312 0.983 88.522 1.046
201412 0.058 94.194 0.058

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.


Bematech  (BSP:BEMA3) 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.


Bematech Cyclically Adjusted Price-to-FCF Related Terms

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


Bematech (BSP:BEMA3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bematech SA (BSP:BEMA3) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
Bematech SA was formed on October 1, 1990. It is a Brazilian multinational that provides complete technological solutions for the retail, food service and hospitality industries. It is engaged in manufacture, sale, intermediation of sales, import, export, design, development, representation, distribution and rental of electric, electronic and electromechanical equipment and related parts and components; the development, representation, distribution and rental of software; licensing and assignment of rights to use software programs; sale of supplies for IT equipment; the rendering of technical assistance services, support, training and information technology projects; the franchising of products and services, as well as the investment in other companies as stockholder or quotaholder. The Company's operating segments are subdivided into Hardware, Software and Services.

Bematech (BSP:BEMA3) Headlines

No Headlines