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Barnes Group (Barnes Group) Cyclically Adjusted FCF per Share : $3.20 (As of Dec. 2023)


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What is Barnes Group Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Barnes Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.452. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $3.20 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Barnes Group's average Cyclically Adjusted FCF Growth Rate was 11.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 10.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Barnes Group was 16.80% per year. The lowest was -6.00% per year. And the median was 10.85% per year.

As of today (2024-04-28), Barnes Group's current stock price is $34.47. Barnes Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.20. Barnes Group's Cyclically Adjusted Price-to-FCF of today is 10.77.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Barnes Group was 38.65. The lowest was 6.50. And the median was 23.81.


Barnes Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Barnes Group's Cyclically Adjusted FCF per Share 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.

Barnes Group Cyclically Adjusted FCF per Share Chart

Barnes Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.28 2.58 2.85 2.88 3.20

Barnes Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 2.88 2.95 2.89 3.10 3.20

Competitive Comparison of Barnes Group's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Barnes Group'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.


Barnes Group's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Barnes Group Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Barnes Group's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.452/129.4194*129.4194
=0.452

Current CPI (Dec. 2023) = 129.4194.

Barnes Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.034 99.695 0.044
201406 0.665 100.560 0.856
201409 0.704 100.428 0.907
201412 1.092 99.070 1.427
201503 0.210 99.621 0.273
201506 0.931 100.684 1.197
201509 1.181 100.392 1.522
201512 0.768 99.792 0.996
201603 0.315 100.470 0.406
201606 1.040 101.688 1.324
201609 0.974 101.861 1.238
201612 0.785 101.863 0.997
201703 0.734 102.862 0.924
201706 0.639 103.349 0.800
201709 0.930 104.136 1.156
201712 0.356 104.011 0.443
201803 0.356 105.290 0.438
201806 0.737 106.317 0.897
201809 1.028 106.507 1.249
201812 1.194 105.998 1.458
201903 0.753 107.251 0.909
201906 0.839 108.070 1.005
201909 0.798 108.329 0.953
201912 1.389 108.420 1.658
202003 0.685 108.902 0.814
202006 1.335 108.767 1.588
202009 0.594 109.815 0.700
202012 0.806 109.897 0.949
202103 0.543 111.754 0.629
202106 0.791 114.631 0.893
202109 0.644 115.734 0.720
202112 0.639 117.630 0.703
202203 -0.327 121.301 -0.349
202206 0.230 125.017 0.238
202209 0.525 125.227 0.543
202212 0.363 125.222 0.375
202303 0.415 127.348 0.422
202306 -0.008 128.729 -0.008
202309 0.249 129.860 0.248
202312 0.452 129.419 0.452

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Barnes Group  (NYSE:B) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Barnes Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=34.47/3.2
=10.77

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Barnes Group was 38.65. The lowest was 6.50. And the median was 23.81.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Barnes Group Cyclically Adjusted FCF per Share Related Terms

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


Barnes Group (Barnes Group) Business Description

Industry
Traded in Other Exchanges
Address
123 Main Street, Bristol, CT, USA, 06010
Barnes Group Inc is a U.S. based industrial and aerospace manufacturer and service provider. The company operates through two segments: Industrial and Aerospace. The industrial segment manufactures precision parts, products, and systems for critical applications in end markets including transportation, industrial equipment, and consumer products. The aerospace segment provides machined components and assemblies for original equipment manufacturer turbine engine, airframe and industrial gas turbine builders, and the military. This segment also provides aftermarket maintenance, overhaul and repair services for turbine engine manufacturers, airlines, and the military. The company generates around half of its revenue from the domestic American market.
Executives
Mylle H Mangum director 3231 S E SIXTH AVENUE, TOPEKA KS 66607
Thomas O Barnes director C/O BARNES GROUP INC, PO BOX 489, BRISTOL CT 06011-0489
Hans-peter Manner director 123 MAIN STREET, BRISTOL CT 06010
Marian Acker officer: VP, Controller 123 MAIN STREET, BRISTOL CT 06010
Jay B Knoll officer: SVP, Gen. Counsel & Secretary 2225 W CHANDLER BLVD, CHANDLER AZ 85224
Thomas J Hook director 810 INNOVATION DR, KNOXVILLE TN 37932
Elijah Kent Barnes director 123 MAIN STREET, BRISTOL CT 06010
Neal J Keating director C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Julie K Streich officer: SVP, Finance and CFO 123 MAIN STREET, BRISTOL CT 06010
Dawn N Edwards officer: SVP, Human Resources 123 MAIN STREET, BRISTOL CT 06010
Richard J Hipple director 10035 HUNTING DRIVE, BRECKSVILLE OH 44141
Ian Malcolm Reason officer: SVP, BGI; Pres., Barnes Aero C/O BARNES GROUP INC., 123 MAIN STREET, BRISTOL CT 06010
Michael Andrew Beck officer: SVP, BGI; Pres., Barnes Aero 123 MAIN STREET, BRISTOL CT 06010
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Lukas Hovorka officer: SVP, Corporate Development 123 MAIN STREET, BRISTOL CT 06010

Barnes Group (Barnes Group) Headlines

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