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Braskem (BSP:BRKM6) Cyclically Adjusted Price-to-FCF : 5.56 (As of Apr. 27, 2024)


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What is Braskem Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Braskem's current share price is R$15.18. Braskem's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$2.73. Braskem's Cyclically Adjusted Price-to-FCF for today is 5.56.

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

BSP:BRKM6' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.59   Med: 28.42   Max: 488.89
Current: 5.77

During the past years, Braskem's highest Cyclically Adjusted Price-to-FCF was 488.89. The lowest was 4.59. And the median was 28.42.

BSP:BRKM6's Cyclically Adjusted Price-to-FCF is ranked better than
91.87% of 566 companies
in the Chemicals industry
Industry Median: 23.705 vs BSP:BRKM6: 5.77

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.

Braskem's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$-0.137. 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$2.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Braskem Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Braskem'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.

Braskem Cyclically Adjusted Price-to-FCF Chart

Braskem 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 23.93 16.16 18.30 6.65 5.68

Braskem 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 6.65 5.62 7.84 6.05 5.68

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

For the Chemicals subindustry, Braskem'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.


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

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

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



Braskem 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.18/2.73
=5.56

* 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.

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

For example, Braskem'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)
=-0.137/156.2729*156.2729
=-0.137

Current CPI (Dec. 2023) = 156.2729.

Braskem Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.603 90.447 -1.042
201406 -0.556 91.838 -0.946
201409 0.041 92.602 0.069
201412 0.177 94.194 0.294
201503 1.113 97.799 1.778
201506 -0.315 100.006 -0.492
201509 1.201 101.392 1.851
201512 1.078 104.247 1.616
201603 -0.200 106.979 -0.292
201606 -0.057 108.851 -0.082
201609 1.158 109.986 1.645
201612 0.275 110.802 0.388
201703 0.186 111.869 0.260
201706 -0.874 112.115 -1.218
201709 0.447 112.777 0.619
201712 0.359 114.068 0.492
201803 0.877 114.868 1.193
201806 2.253 117.038 3.008
201809 0.914 117.881 1.212
201812 0.069 118.340 0.091
201903 0.369 120.124 0.480
201906 -0.755 120.977 -0.975
201909 -0.066 121.292 -0.085
201912 0.016 123.436 0.020
202003 0.777 124.092 0.979
202006 -0.772 123.557 -0.976
202009 0.324 125.095 0.405
202012 1.892 129.012 2.292
202103 1.138 131.660 1.351
202106 1.117 133.871 1.304
202109 3.089 137.913 3.500
202112 1.793 141.992 1.973
202203 0.635 146.537 0.677
202206 0.557 149.784 0.581
202209 0.895 147.800 0.946
202212 0.490 150.207 0.510
202303 -2.490 153.352 -2.537
202306 0.672 154.519 0.680
202309 -2.314 155.464 -2.326
202312 -0.137 156.273 -0.137

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.


Braskem  (BSP:BRKM6) 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.


Braskem Cyclically Adjusted Price-to-FCF Related Terms

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


Braskem (BSP:BRKM6) Business Description

Industry
Address
Rua Lemos Monteiro, 120 - 24 Andar, Butanta, SP, BRA, CEP 05501-050
Braskem SA manufactures and sells chemicals, petrochemicals, fuels, and utilities. The company's geographical segments include Brazil; the United States and Europe and Mexico. It derives a majority of revenue from Brazil. It produces olefins, such as ethylene, polymer and chemical-grade propylene, butadiene and butene-1; fuels, such as automotive gasoline, liquefied petroleum gas, or LPG, ethyl tertiary-butyl ether, or ETBE, and methyl tertiary-butyl ether, or MTBE; intermediates, such as cumene and others.

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