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Blue Bird (Blue Bird) Cyclically Adjusted FCF per Share : $0.29 (As of Mar. 2024)


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What is Blue Bird 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.

Blue Bird's adjusted free cash flow per share for the three months ended in Mar. 2024 was $1.567. 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 $0.29 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-06), Blue Bird's current stock price is $57.87. Blue Bird's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.29. Blue Bird's Cyclically Adjusted Price-to-FCF of today is 199.55.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Blue Bird was 319.50. The lowest was 117.03. And the median was 187.43.


Blue Bird Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Blue Bird'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.

Blue Bird Cyclically Adjusted FCF per Share Chart

Blue Bird Annual Data
Trend Dec14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.13

Blue Bird Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - 0.13 0.12 0.29

Competitive Comparison of Blue Bird's Cyclically Adjusted FCF per Share

For the Auto Manufacturers subindustry, Blue Bird'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.


Blue Bird's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Blue Bird's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Blue Bird 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, Blue Bird'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)
=1.567/131.7762*131.7762
=1.567

Current CPI (Mar. 2024) = 131.7762.

Blue Bird Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.056 100.560 -0.073
201409 -0.093 100.428 -0.122
201412 -0.089 99.070 -0.118
201503 -1.941 99.621 -2.568
201506 0.348 100.684 0.455
201509 1.445 100.392 1.897
201512 -2.069 99.792 -2.732
201603 1.234 100.470 1.619
201606 1.520 101.688 1.970
201609 0.035 101.861 0.045
201612 -1.556 101.863 -2.013
201703 0.841 102.862 1.077
201706 0.442 103.349 0.564
201709 1.559 104.136 1.973
201712 -1.557 104.011 -1.973
201803 -0.112 105.290 -0.140
201806 1.104 106.317 1.368
201809 0.669 106.507 0.828
201812 -2.243 105.998 -2.788
201903 0.358 107.251 0.440
201906 0.008 108.070 0.010
201909 2.498 108.329 3.039
201912 -3.598 108.420 -4.373
202003 1.221 108.902 1.477
202006 -1.203 108.767 -1.457
202009 2.902 109.815 3.482
202012 -0.547 109.897 -0.656
202103 -0.125 111.754 -0.147
202106 -0.231 114.631 -0.266
202109 -1.541 115.734 -1.755
202112 -1.232 117.630 -1.380
202203 0.618 121.301 0.671
202206 -1.385 125.017 -1.460
202209 0.884 125.227 0.930
202212 0.586 125.222 0.617
202303 0.687 127.348 0.711
202306 1.128 128.729 1.155
202309 1.047 129.860 1.062
202312 -0.083 129.419 -0.085
202403 1.567 131.776 1.567

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


Blue Bird  (NAS:BLBD) 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.

Blue Bird's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=57.87/0.29
=199.55

* 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 11 years, the highest Cyclically Adjusted Price-to-FCF of Blue Bird was 319.50. The lowest was 117.03. And the median was 187.43.


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.


Blue Bird Cyclically Adjusted FCF per Share Related Terms

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


Blue Bird (Blue Bird) Business Description

Industry
Traded in Other Exchanges
Address
3920 Arkwright Road, 2nd Floor, Macon, GA, USA, 31210
Blue Bird Corp is an American bus manufacturing company. It has its operations in two segments. The Bus segment involves the design, engineering, manufacture and sales of school buses and extended warranties; and the Parts segment which includes the sales of replacement bus parts. It carries its operations in the United States, Canada, and the rest of the world. The majority of its sales are derived from the United States through its bus manufacturing business.
Executives
Phil Horlock director, officer: President and CEO C/O LOJACK CORPORATION, 40 PEQUOT WAY, CANTON MA 02021
Asp Bb Holdings Llc 10 percent owner 299 PARK AVENUE, 34TH FLOOR, NEW YORK NY 10171
Razvan Radulescu officer: Chief Financial Officer 3920 ARKWRIGHT ROAD, SUITE 200, MACON GA 31210
Julie A Fream director 3920 ARKWRIGHT RD #200, MACON GA 31210
Coliseum Capital Management, Llc director, 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Britton Smith officer: President 3920 ARKWRIGHT RD, SUITE 200, MACON GA 31210
Mark Blaufuss director C/O BLUE BIRD CORPORATION, 3920 ARKWRIGHT ROAD, SUITE 200, MACON GA 31210
Simon J Newman director 3920 ARKWRIGHT RD # 200, MACON GA 31210
Ted Scartz officer: SVP General Counsel 3920 ARKWRIGHT RD #200, MACON GA 31210
Matthew Stevenson officer: President 150 PEABODY PLACE, M.S. LEGL-0008, MEMPHIS TN 38103
Paul Yousif officer: See Remarks C/O BLUE BIRD CORPORATION, 402 BLUE BIRD BOULEVARD, FORT VALLEY GA 31030
Jared Sperling director C/O AMERICAN SECURITIES LLC, 299 PARK AVENUE, 34TH FLOOR, NEW YORK NY 10171
Mark Ashburn Terry officer: Chief Commercial Officer 402 BLUE BIRD BLVD, FORT VALLEY GA 31030
Jeffery L Taylor officer: Chief Financial Officer 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Jenkins Charles R Iii officer: Chief Operating Officer 217 SANSBURY TRAIL, WARNER ROBINS GA 31088