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BKW AG (XSWX:BKW) Cyclically Adjusted Price-to-FCF : 40.85 (As of Jun. 05, 2025)


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What is BKW AG Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), BKW AG's current share price is CHF172.40. BKW AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 was CHF4.22. BKW AG's Cyclically Adjusted Price-to-FCF for today is 40.85.

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

XSWX:BKW' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.4   Med: 36.47   Max: 47.58
Current: 40.96

During the past 13 years, BKW AG's highest Cyclically Adjusted Price-to-FCF was 47.58. The lowest was 23.40. And the median was 36.47.

XSWX:BKW's Cyclically Adjusted Price-to-FCF is ranked worse than
76.56% of 128 companies
in the Utilities - Independent Power Producers industry
Industry Median: 13.95 vs XSWX:BKW: 40.96

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.

BKW AG's adjusted free cash flow per share data of for the fiscal year that ended in Dec24 was CHF5.439. 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 CHF4.22 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


BKW AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for BKW AG'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.

BKW AG Cyclically Adjusted Price-to-FCF Chart

BKW AG 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 29.57 39.86 33.84 34.74 35.58

BKW AG 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 33.84 - 34.74 - 35.58

Competitive Comparison of BKW AG's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, BKW AG'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.


BKW AG's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, BKW AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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BKW AG 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=172.40/4.22
=40.85

* 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.

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

For example, BKW AG'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)
=5.439/107.1281*107.1281
=5.439

Current CPI (Dec24) = 107.1281.

BKW AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 6.241 99.386 6.727
201612 1.030 99.380 1.110
201712 4.127 100.213 4.412
201812 2.197 100.906 2.332
201912 4.447 101.063 4.714
202012 5.857 100.241 6.259
202112 -4.365 101.776 -4.595
202212 8.934 104.666 9.144
202312 6.627 106.461 6.669
202412 5.439 107.128 5.439

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.


BKW AG  (XSWX:BKW) 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.


BKW AG Cyclically Adjusted Price-to-FCF Related Terms

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


BKW AG Business Description

Traded in Other Exchanges
Address
Viktoriaplatz 2, Bern, CHE, CH-3013
BKW AG is an electric utility company in which the Canton of Bern holds a majority stake. The company segments its operations into Energy Solutions, Power Grid, and Infrastructure & Buildings. It generates the majority of its revenue from the Energy Solutions business segment which builds, operates, and maintains BKW's portfolio of power plants in Switzerland and abroad. It also includes the sale of energy in Switzerland, trading in electricity, certificates and raw materials as well as wind, solar and smart energy services.

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