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Balfour Beatty (CHIX:BBYL) Cyclically Adjusted Price-to-FCF : 57.17 (As of Jun. 27, 2025)


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What is Balfour Beatty Cyclically Adjusted Price-to-FCF?

As of today (2025-06-27), Balfour Beatty's current share price is £5.145. Balfour Beatty's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 was £0.09. Balfour Beatty's Cyclically Adjusted Price-to-FCF for today is 57.17.

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

CHIX:BBYl' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 44.96   Med: 51.36   Max: 57.59
Current: 57.59

During the past 13 years, Balfour Beatty's highest Cyclically Adjusted Price-to-FCF was 57.59. The lowest was 44.96. And the median was 51.36.

CHIX:BBYl's Cyclically Adjusted Price-to-FCF is ranked worse than
83.72% of 608 companies
in the Construction industry
Industry Median: 17.84 vs CHIX:BBYl: 57.59

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.

Balfour Beatty's adjusted free cash flow per share data of for the fiscal year that ended in Dec24 was £0.449. 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 £0.09 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Balfour Beatty Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Balfour Beatty'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.

Balfour Beatty Cyclically Adjusted Price-to-FCF Chart

Balfour Beatty Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 52.68

Balfour Beatty Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - - - - 52.68

Competitive Comparison of Balfour Beatty's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Balfour Beatty'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.


Balfour Beatty's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Balfour Beatty's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Balfour Beatty 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.145/0.09
=57.17

* 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.

Balfour Beatty's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Balfour Beatty's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=0.449/135.1000*135.1000
=0.449

Current CPI (Dec24) = 135.1000.

Balfour Beatty Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 -0.305 100.400 -0.410
201612 -0.275 102.200 -0.364
201712 -0.100 105.000 -0.129
201812 -0.341 107.100 -0.430
201912 0.187 108.500 0.233
202012 0.301 109.400 0.372
202112 0.476 114.700 0.561
202212 0.219 125.300 0.236
202312 0.334 130.500 0.346
202412 0.449 135.100 0.449

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.


Balfour Beatty  (CHIX:BBYl) 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.


Balfour Beatty Cyclically Adjusted Price-to-FCF Related Terms

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


Balfour Beatty Business Description

Industry
Traded in Other Exchanges
Address
5 Churchill Place, Canary Wharf, London, GBR, E14 5HU
Balfour Beatty PLC finances builds, and maintains infrastructure projects. It finances, develops, builds, maintains, and operates the increasingly complex and critical infrastructure that supports national economies and delivers projects at the heart of local communities. It operates three business segments: Construction services (majority of total revenue), Support services, and Infrastructure investments. It will invest directly in infrastructure assets also invests in real estate-type assets, in particular private residential and student accommodation assets. The majority of sales are derived from the United Kingdom and the United States.

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