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Ball (BSP:B1LL34) Cyclically Adjusted Price-to-FCF : 64.75 (As of Apr. 29, 2024)


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What is Ball Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Ball's current share price is R$180.00. Ball's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$2.78. Ball's Cyclically Adjusted Price-to-FCF for today is 64.75.

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

BSP:B1LL34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.73   Med: 35.66   Max: 64.12
Current: 59.55

During the past years, Ball's highest Cyclically Adjusted Price-to-FCF was 64.12. The lowest was 21.73. And the median was 35.66.

BSP:B1LL34's Cyclically Adjusted Price-to-FCF is ranked worse than
86.42% of 162 companies
in the Packaging & Containers industry
Industry Median: 15.98 vs BSP:B1LL34: 59.55

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.

Ball's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$4.023. 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 R$2.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ball Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ball'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.

Ball Cyclically Adjusted Price-to-FCF Chart

Ball 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 38.51 54.58 58.69 46.88 49.08

Ball Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 46.88 50.56 49.99 42.44 49.08

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

For the Packaging & Containers subindustry, Ball'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.


Ball's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ball's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ball 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=180.00/2.78
=64.75

* 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.

Ball's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ball'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)
=4.023/129.4194*129.4194
=4.023

Current CPI (Dec. 2023) = 129.4194.

Ball Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.797 99.695 -1.035
201406 1.065 100.560 1.371
201409 1.338 100.428 1.724
201412 1.037 99.070 1.355
201503 -1.592 99.621 -2.068
201506 1.478 100.684 1.900
201509 1.780 100.392 2.295
201512 1.650 99.792 2.140
201603 -3.417 100.470 -4.402
201606 1.691 101.688 2.152
201609 -2.719 101.861 -3.455
201612 1.975 101.863 2.509
201703 -2.298 102.862 -2.891
201706 2.511 103.349 3.144
201709 1.393 104.136 1.731
201712 2.720 104.011 3.384
201803 -1.449 105.290 -1.781
201806 1.626 106.317 1.979
201809 2.473 106.507 3.005
201812 1.891 105.998 2.309
201903 -1.586 107.251 -1.914
201906 1.473 108.070 1.764
201909 1.530 108.329 1.828
201912 4.400 108.420 5.252
202003 -6.771 108.902 -8.047
202006 1.893 108.767 2.252
202009 2.768 109.815 3.262
202012 5.048 109.897 5.945
202103 -7.093 111.754 -8.214
202106 1.893 114.631 2.137
202109 2.078 115.734 2.324
202112 3.124 117.630 3.437
202203 -8.902 121.301 -9.498
202206 -0.406 125.017 -0.420
202209 -2.224 125.227 -2.298
202212 1.127 125.222 1.165
202303 -5.082 127.348 -5.165
202306 2.841 128.729 2.856
202309 4.234 129.860 4.220
202312 4.023 129.419 4.023

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.


Ball  (BSP:B1LL34) 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.


Ball Cyclically Adjusted Price-to-FCF Related Terms

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


Ball (BSP:B1LL34) Business Description

Traded in Other Exchanges
Address
9200 West 108th Circle, Westminster, CO, USA, 80021
Ball is the world's largest metal can manufacturer with market share over 40% in its three main regions (North America, Europe, and South America). The company is focused on increasing capacity amid a wave of new developed-market demand, while also investing in faster-growing emerging-market economies. Ball maintains a small presence in the U.S. defense industry through its aerospace segment. Ball spun-off its glass jar business in 1993 and is now owned by Newell. The company reports four segments—beverage packaging, North and Central America (44% of revenue), beverage packaging, EMEA (25%), beverage packaging, South America (14%), aerospace (14%)—and it generated $15.3 billion in revenue in 2022.

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