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Balchem (Balchem) Cyclically Adjusted Price-to-FCF : 43.62 (As of May. 15, 2024)


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What is Balchem Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Balchem's current share price is $155.27. Balchem's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.56. Balchem's Cyclically Adjusted Price-to-FCF for today is 43.62.

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

BCPC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 33.75   Med: 46.84   Max: 63.6
Current: 43.66

During the past years, Balchem's highest Cyclically Adjusted Price-to-FCF was 63.60. The lowest was 33.75. And the median was 46.84.

BCPC's Cyclically Adjusted Price-to-FCF is ranked worse than
67.42% of 577 companies
in the Chemicals industry
Industry Median: 25.6 vs BCPC: 43.66

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.

Balchem's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.812. 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 $3.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Balchem Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Balchem'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.

Balchem Cyclically Adjusted Price-to-FCF Chart

Balchem 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 46.18 46.75 58.78 38.67 42.34

Balchem 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 38.50 40.50 36.34 42.34 43.57

Competitive Comparison of Balchem's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Balchem'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.


Balchem's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Balchem's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Balchem 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=155.27/3.56
=43.62

* 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.

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

For example, Balchem'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)
=0.812/129.4194*129.4194
=0.812

Current CPI (Mar. 2024) = 129.4194.

Balchem Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.481 100.560 0.619
201409 0.613 100.428 0.790
201412 0.920 99.070 1.202
201503 0.631 99.621 0.820
201506 0.446 100.684 0.573
201509 0.507 100.392 0.654
201512 0.361 99.792 0.468
201603 0.582 100.470 0.750
201606 0.694 101.688 0.883
201609 0.613 101.861 0.779
201612 0.729 101.863 0.926
201703 0.613 102.862 0.771
201706 0.460 103.349 0.576
201709 0.832 104.136 1.034
201712 0.654 104.011 0.814
201803 0.669 105.290 0.822
201806 0.526 106.317 0.640
201809 0.823 106.507 1.000
201812 1.033 105.998 1.261
201903 0.430 107.251 0.519
201906 0.618 108.070 0.740
201909 1.101 108.329 1.315
201912 0.807 108.420 0.963
202003 0.528 108.902 0.627
202006 1.132 108.767 1.347
202009 0.863 109.815 1.017
202012 1.067 109.897 1.257
202103 1.050 111.754 1.216
202106 0.868 114.631 0.980
202109 0.950 115.734 1.062
202112 0.902 117.630 0.992
202203 -0.100 121.301 -0.107
202206 1.167 125.017 1.208
202209 0.823 125.227 0.851
202212 0.849 125.222 0.877
202303 0.777 127.348 0.790
202306 0.823 128.729 0.827
202309 1.175 129.860 1.171
202312 1.719 129.419 1.719
202403 0.812 129.419 0.812

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.


Balchem  (NAS:BCPC) 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.


Balchem Cyclically Adjusted Price-to-FCF Related Terms

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


Balchem (Balchem) Business Description

Industry
Traded in Other Exchanges
Address
5 Paragon Drive, Montvale, NJ, USA, 07645
Balchem Corp is engaged in the development, manufacture and marketing of specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, agricultural, and medical sterilization industries. The segments include 1) Human Nutrition and Health segment provides human-grade choline nutrients and mineral amino acid chelated products through this segment for nutrition and health applications. 2) Animal Nutrition and Health segment provide nutritional products derived from its microencapsulation and chelation technologies in addition to the essential nutrient choline chloride. 3) Specialty Products segment includes re-packaging and distributing a number of performance gases and chemicals for various uses, notably ethylene oxide, propylene oxide, and ammonia.
Executives
David B Fischer director 425 WINTER ROAD, DELAWARE OH 43015
Olivier Rigaud director CORBION NV, PIET HEINKADE 127, AMSTERDAM P7 1019 GM
Monica Vicente director C/O FRESH DEL MONTE PRODUCE INC., P.O. BOX 149222, CORAL GABLES FL 33114
Michael Robert Sestrick officer: Chief Technology Officer 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
Frederic Boned officer: SVP/GM, Human Nutri. & Health 5 PARAGON DRIVE, MONTVALE NJ 07645
Van Gunsteren Job Leonard officer: Vice President 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
Hatsuki Miyata officer: General Counsel and Secretary 5 PARAGON DRIVE, MONTVALE NJ 07645
Michael Bent Tignor officer: Chief Human Resources Officer 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
Jonathan Harrison Griffin officer: Vice President 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
Martin Luther Reid officer: Chief Supply Chain Officer 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
William A. Backus officer: Chief Accounting Officer 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
Kathleen B Fish director ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
James C Hyde officer: Sr. Vice President 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
Scott C Mason officer: Vice President C/O NOVAMERICAN STEEL INC, 1050 UNIVERSITY AVENUE, NORWOOD MA 02062
Joyce J. Lee director C/O ZOETIS INC., 100 CAMPUS DRIVE, FLORHAM PARK NJ 07940