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Boliden AB (FRA:BWJ) Cyclically Adjusted Price-to-FCF : 24.65 (As of May. 27, 2024)


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What is Boliden AB Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Boliden AB's current share price is €31.31. Boliden AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.27. Boliden AB's Cyclically Adjusted Price-to-FCF for today is 24.65.

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

FRA:BWJ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.45   Med: 25.85   Max: 47.17
Current: 24.45

During the past years, Boliden AB's highest Cyclically Adjusted Price-to-FCF was 47.17. The lowest was 12.45. And the median was 25.85.

FRA:BWJ's Cyclically Adjusted Price-to-FCF is ranked worse than
52.23% of 247 companies
in the Metals & Mining industry
Industry Median: 22.19 vs FRA:BWJ: 24.45

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.

Boliden AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.488. 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 €1.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boliden AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Boliden AB'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.

Boliden AB Cyclically Adjusted Price-to-FCF Chart

Boliden AB 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 26.44 32.78 29.40 25.80 20.58

Boliden AB 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 26.60 20.86 21.86 20.58 19.86

Competitive Comparison of Boliden AB's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Boliden AB'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.


Boliden AB's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Boliden AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Boliden AB 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=31.31/1.27
=24.65

* 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.

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

For example, Boliden AB'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)
=-0.488/132.2054*132.2054
=-0.488

Current CPI (Mar. 2024) = 132.2054.

Boliden AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.368 100.432 0.484
201409 0.289 100.161 0.381
201412 0.421 100.225 0.555
201503 0.008 99.950 0.011
201506 0.613 99.995 0.810
201509 0.371 100.228 0.489
201512 0.024 100.276 0.032
201603 0.083 100.751 0.109
201606 0.450 101.019 0.589
201609 0.036 101.138 0.047
201612 0.584 102.022 0.757
201703 0.344 102.022 0.446
201706 0.806 102.752 1.037
201709 0.656 103.279 0.840
201712 0.877 103.793 1.117
201803 0.515 103.962 0.655
201806 0.610 104.875 0.769
201809 0.288 105.679 0.360
201812 0.592 105.912 0.739
201903 -0.113 105.886 -0.141
201906 0.266 106.742 0.329
201909 -0.228 107.214 -0.281
201912 0.291 107.766 0.357
202003 -0.285 106.563 -0.354
202006 0.409 107.498 0.503
202009 0.658 107.635 0.808
202012 -0.063 108.296 -0.077
202103 0.775 108.360 0.946
202106 0.727 108.928 0.882
202109 0.346 110.338 0.415
202112 0.721 112.486 0.847
202203 0.234 114.825 0.269
202206 0.702 118.384 0.784
202209 0.030 122.296 0.032
202212 1.188 126.365 1.243
202303 -0.015 127.042 -0.016
202306 -1.181 129.407 -1.207
202309 -0.371 130.224 -0.377
202312 0.545 131.912 0.546
202403 -0.488 132.205 -0.488

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.


Boliden AB  (FRA:BWJ) 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.


Boliden AB Cyclically Adjusted Price-to-FCF Related Terms

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


Boliden AB (FRA:BWJ) Business Description

Industry
Traded in Other Exchanges
Address
Klarabergsviadukten 90, P.O. Box 44, Stockholm, SWE, SE-101 20
Boliden AB operates six mining areas and five smelters in Sweden, Norway, Finland, and Ireland. The company primarily processes zinc, copper, gold, lead, and silver and is engaged in exploration, mining, smelting, and metals recycling. The company has two operating segments: business area smelters and business area mines. The business area mines division comprises six mining areas: Aitik, the Boliden Area, and Garpenberg in Sweden; Kylylahti and Kevitsa in Finland; and the Tara mine in Ireland. It includes both underground mines and open-pit mines.

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