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Bell Equipment (FRA:B2K) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


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What is Bell Equipment Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bell Equipment Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bell Equipment'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.

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Bell Equipment Cyclically Adjusted Price-to-FCF Chart

Bell Equipment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Bell Equipment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Bell Equipment's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Bell Equipment'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.


Bell Equipment's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Bell Equipment's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Bell Equipment 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.

Bell Equipment's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Bell Equipment's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.019/152.7175*152.7175
=0.019

Current CPI (Dec23) = 152.7175.

Bell Equipment Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.479 96.794 0.756
201512 -0.278 101.808 -0.417
201612 -0.034 109.002 -0.048
201712 -0.099 113.907 -0.133
201812 -0.379 118.921 -0.487
201912 -0.289 123.717 -0.357
202012 0.408 127.467 0.489
202112 0.248 135.029 0.280
202212 -0.148 145.156 -0.156
202312 0.019 152.718 0.019

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.


Bell Equipment  (FRA:B2K) 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.


Bell Equipment Cyclically Adjusted Price-to-FCF Related Terms

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Bell Equipment (FRA:B2K) Business Description

Traded in Other Exchanges
Address
13 -19 Carbonode Cell Road, Alton, Richards Bay, ZAF, 3900
Bell Equipment Ltd is engaged in the manufacturing and distribution of material handling machines in South Africa. Its products include articulated dump trucks, haulage tractors, tractor loader backhoes, front-end loaders, sugar cane, and timber-loading equipment and construction equipment such as graders, dozers, and excavators. It machine are used for mining, construction, forestry, sugar, and related industries. It operates through below operation Manufacturing, assembly, logistics, and dealer sales operations and Direct Sales operation.

Bell Equipment (FRA:B2K) Headlines

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