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Bell Equipment (JSE:BEL) Cyclically Adjusted Price-to-FCF : 93.60 (As of Jun. 04, 2025)


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

As of today (2025-06-04), Bell Equipment's current share price is R40.25. Bell Equipment's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 was R0.43. Bell Equipment's Cyclically Adjusted Price-to-FCF for today is 93.60.

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

JSE:BEL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 84.77   Med: 90.47   Max: 100
Current: 97.05

During the past 13 years, Bell Equipment's highest Cyclically Adjusted Price-to-FCF was 100.00. The lowest was 84.77. And the median was 90.47.

JSE:BEL's Cyclically Adjusted Price-to-FCF is ranked worse than
90% of 110 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 24.1 vs JSE:BEL: 97.05

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.

Bell Equipment's adjusted free cash flow per share data of for the fiscal year that ended in Dec24 was R16.395. 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 R0.43 for the trailing ten years ended in Dec24.

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.

* Premium members only.

Bell Equipment Cyclically Adjusted Price-to-FCF Chart

Bell Equipment 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 - - - - 95.01

Bell Equipment 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 - - - - 95.01

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.


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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 Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=40.25/0.43
=93.60

* 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.

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

For example, Bell Equipment'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)
=16.395/157.2121*157.2121
=16.395

Current CPI (Dec24) = 157.2121.

Bell Equipment Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 -4.546 101.808 -7.020
201612 -0.494 109.002 -0.712
201712 -1.530 113.907 -2.112
201812 -6.146 118.921 -8.125
201912 -4.631 123.717 -5.885
202012 7.382 127.467 9.105
202112 4.449 135.029 5.180
202212 -2.715 145.156 -2.941
202312 0.380 152.718 0.391
202412 16.395 157.212 16.395

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  (JSE:BEL) 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

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


Bell Equipment Business Description

Traded in Other Exchanges
Address
13 - 19 Carbonode Cell Road, Alton, Richards Bay, ZAF, 3900
Bell Equipment Ltd designs and manufactures various products. Its products include a complete range of Bell forestry and agriculture products and a growing number of niche application equipment, such as underground machinery. The company's product offerings include cane loaders, loggers, versalifts, forklifts, timber trucks, tractors, and dump trucks, among others. It has two reportable segments: Manufacturing, assembly, logistics, and dealer sales operations, which generate maximum revenue; and the Direct Sales operations. Geographically, the company generates maximum revenue from South Africa, followed by Europe, and the Rest of Africa.

Bell Equipment Headlines

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