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Beijer Ref AB (OSTO:BEIJ B) Cyclically Adjusted Price-to-FCF : 114.59 (As of May. 13, 2024)


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What is Beijer Ref AB Cyclically Adjusted Price-to-FCF?

As of today (2024-05-13), Beijer Ref AB's current share price is kr168.45. Beijer Ref AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr1.47. Beijer Ref AB's Cyclically Adjusted Price-to-FCF for today is 114.59.

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

OSTO:BEIJ B' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.58   Med: 91.57   Max: 162.41
Current: 114.86

During the past years, Beijer Ref AB's highest Cyclically Adjusted Price-to-FCF was 162.41. The lowest was 20.58. And the median was 91.57.

OSTO:BEIJ B's Cyclically Adjusted Price-to-FCF is ranked worse than
82.35% of 1031 companies
in the Industrial Products industry
Industry Median: 32.99 vs OSTO:BEIJ B: 114.86

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.

Beijer Ref AB's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr1.056. 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 kr1.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijer Ref AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Beijer Ref 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.

Beijer Ref AB Cyclically Adjusted Price-to-FCF Chart

Beijer Ref 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 - - 126.34 85.91 100.86

Beijer Ref 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 162.23 96.37 121.52 100.86 108.41

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

For the Specialty Industrial Machinery subindustry, Beijer Ref 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.


Beijer Ref AB's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijer Ref AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Beijer Ref 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=168.45/1.47
=114.59

* 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.

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

For example, Beijer Ref 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)
=1.056/130.9575*130.9575
=1.056

Current CPI (Mar. 2024) = 130.9575.

Beijer Ref AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.781 100.432 -3.626
201409 3.045 100.161 3.981
201412 0.274 100.225 0.358
201503 0.022 99.950 0.029
201506 0.084 99.995 0.110
201509 0.569 100.228 0.743
201512 0.268 100.276 0.350
201603 -0.019 100.751 -0.025
201606 -0.245 101.019 -0.318
201609 0.334 101.138 0.432
201612 0.086 102.022 0.110
201703 0.439 102.022 0.564
201706 -0.293 102.752 -0.373
201709 0.732 103.279 0.928
201712 0.327 103.793 0.413
201803 0.098 103.962 0.123
201806 0.029 104.875 0.036
201809 1.508 105.679 1.869
201812 1.077 105.912 1.332
201903 0.000 105.886 0.000
201906 0.000 106.742 0.000
201909 0.000 107.214 0.000
201912 0.000 107.766 0.000
202003 0.000 106.563 0.000
202006 0.000 107.498 0.000
202009 0.000 107.635 0.000
202012 0.000 108.296 0.000
202103 0.810 108.360 0.979
202106 -0.366 108.928 -0.440
202109 0.576 110.338 0.684
202112 -0.793 112.486 -0.923
202203 -0.681 114.825 -0.777
202206 -0.877 118.384 -0.970
202209 0.322 122.296 0.345
202212 1.433 126.365 1.485
202303 -0.952 127.042 -0.981
202306 -1.033 129.407 -1.045
202309 2.017 130.224 2.028
202312 3.256 130.958 3.256
202403 1.056 130.958 1.056

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.


Beijer Ref AB  (OSTO:BEIJ B) 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.


Beijer Ref AB Cyclically Adjusted Price-to-FCF Related Terms

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


Beijer Ref AB (OSTO:BEIJ B) Business Description

Traded in Other Exchanges
Address
Stortorget 8, Malmo, SWE, SE-211 34
Beijer Ref AB is a Sweden-based company that trades, distributes, and services refrigeration systems, as well as components for refrigeration systems, air conditioning, and heat pumps. The company serves demands from commercial refrigeration (targeting food stores, shopping malls, hotels, and others), industrial refrigeration (targeting ice rinks, offices, computer rooms, and others), and comfort cooling (targeting private residences, stores, and others). Beijer Ref's sales are primarily made to refrigeration installation contractors, service vendors, building companies, and refrigerator makers. The company generates substantially all of its sales from the European market.

Beijer Ref AB (OSTO:BEIJ B) Headlines

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