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Bradespar (FRA:FXM) Cyclically Adjusted Price-to-FCF : 7.13 (As of Jun. 19, 2024)


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What is Bradespar Cyclically Adjusted Price-to-FCF?

As of today (2024-06-19), Bradespar's current share price is €3.28. Bradespar's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.46. Bradespar's Cyclically Adjusted Price-to-FCF for today is 7.13.

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

FRA:FXM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.94   Med: 13.25   Max: 34.01
Current: 6.94

During the past years, Bradespar's highest Cyclically Adjusted Price-to-FCF was 34.01. The lowest was 6.94. And the median was 13.25.

FRA:FXM's Cyclically Adjusted Price-to-FCF is ranked better than
76.04% of 505 companies
in the Asset Management industry
Industry Median: 20 vs FRA:FXM: 6.94

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.

Bradespar's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.205. 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 €0.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bradespar Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bradespar'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.

Bradespar Cyclically Adjusted Price-to-FCF Chart

Bradespar 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 24.19 28.47 10.75 11.69 9.98

Bradespar 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 10.56 9.30 9.03 9.98 8.03

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

For the Asset Management subindustry, Bradespar'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.


Bradespar's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bradespar's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Bradespar 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.28/0.46
=7.13

* 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.

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

For example, Bradespar'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)
=0.205/159.3724*159.3724
=0.205

Current CPI (Mar. 2024) = 159.3724.

Bradespar Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.273 91.838 0.474
201409 -0.109 92.602 -0.188
201412 0.298 94.194 0.504
201503 0.003 97.799 0.005
201506 0.137 100.006 0.218
201509 0.004 101.392 0.006
201512 0.097 104.247 0.148
201603 0.002 106.979 0.003
201606 0.002 108.851 0.003
201609 0.009 109.986 0.013
201612 0.027 110.802 0.039
201703 0.011 111.869 0.016
201706 0.135 112.115 0.192
201709 0.005 112.777 0.007
201712 -0.174 114.068 -0.243
201803 0.138 114.868 0.191
201806 0.000 117.038 0.000
201809 -0.503 117.881 -0.680
201812 -0.004 118.340 -0.005
201903 0.035 120.124 0.046
201906 0.024 120.977 0.032
201909 0.008 121.292 0.011
201912 -0.001 123.436 -0.001
202003 -0.001 124.092 -0.001
202006 -0.001 123.557 -0.001
202009 0.405 125.095 0.516
202012 -0.013 129.012 -0.016
202103 0.474 131.660 0.574
202106 0.251 133.871 0.299
202109 0.925 137.913 1.069
202112 0.012 141.992 0.013
202203 0.266 146.537 0.289
202206 0.002 149.784 0.002
202209 0.245 147.800 0.264
202212 0.049 150.207 0.052
202303 0.160 153.352 0.166
202306 0.001 154.519 0.001
202309 0.111 155.464 0.114
202312 0.165 157.148 0.167
202403 0.205 159.372 0.205

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.


Bradespar  (FRA:FXM) 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.


Bradespar Cyclically Adjusted Price-to-FCF Related Terms

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


Bradespar (FRA:FXM) Business Description

Industry
Address
Avenue Paulista 1450 - 9th floor, Cerqueira Cesar, Sao paulo, SP, BRA, 1310917
Bradespar is a Brazil-based holding company whose corporate purpose and single business segment is to hold equity interest as a partner or shareholder in other companies. Its holding companies include Millennium Security Holdings, which does business in the British Virgin Islands; and Vale S.A., which produces iron ore, raw materials for the steel and nickel industries, and metals. The company's operating income originates from equity accounting, dividends, and interest on equity received from Vale and interest from redeemable shares received.

Bradespar (FRA:FXM) Headlines

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