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Ballard Power Systems (XTER:PO0) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2025)


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What is Ballard Power Systems Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ballard Power Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ballard Power Systems'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.

Ballard Power Systems Cyclically Adjusted Price-to-FCF Chart

Ballard Power Systems Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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Ballard Power Systems Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Ballard Power Systems's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Ballard Power Systems'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.


Ballard Power Systems's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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


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Ballard Power Systems 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.

Ballard Power Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Ballard Power Systems's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.084/129.1809*129.1809
=-0.084

Current CPI (Mar. 2025) = 129.1809.

Ballard Power Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.043 100.500 -0.055
201509 -0.033 100.421 -0.042
201512 -0.070 99.947 -0.090
201603 -0.047 101.054 -0.060
201606 -0.029 102.002 -0.037
201609 -0.011 101.765 -0.014
201612 0.026 101.449 0.033
201703 -0.024 102.634 -0.030
201706 -0.001 103.029 -0.001
201709 -0.044 103.345 -0.055
201712 -0.011 103.345 -0.014
201803 -0.036 105.004 -0.044
201806 -0.087 105.557 -0.106
201809 -0.067 105.636 -0.082
201812 -0.006 105.399 -0.007
201903 -0.047 106.979 -0.057
201906 -0.005 107.690 -0.006
201909 -0.053 107.611 -0.064
201912 -0.004 107.769 -0.005
202003 -0.052 107.927 -0.062
202006 -0.067 108.401 -0.080
202009 -0.047 108.164 -0.056
202012 -0.032 108.559 -0.038
202103 -0.056 110.298 -0.066
202106 -0.063 111.720 -0.073
202109 -0.048 112.905 -0.055
202112 -0.108 113.774 -0.123
202203 -0.140 117.646 -0.154
202206 -0.152 120.806 -0.163
202209 -0.125 120.648 -0.134
202212 -0.114 120.964 -0.122
202303 -0.151 122.702 -0.159
202306 -0.133 124.203 -0.138
202309 -0.091 125.230 -0.094
202312 -0.079 125.072 -0.082
202403 -0.084 126.258 -0.086
202406 -0.117 127.522 -0.119
202409 -0.121 127.285 -0.123
202412 -0.097 127.364 -0.098
202503 -0.084 129.181 -0.084

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.


Ballard Power Systems  (XTER:PO0) 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.


Ballard Power Systems Cyclically Adjusted Price-to-FCF Related Terms

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


Ballard Power Systems Business Description

Address
9000 Glenlyon Parkway, Legal Department, Burnaby, BC, CAN, V5J 5J8
Ballard Power Systems Inc is engaged in design, development, manufacture, sale and service of proton exchange membrane ("PEM") fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. Key geographical revenue is derived from Poland followed by United States, United Kingdom, and other countries.

Ballard Power Systems Headlines

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