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Bayerische Motoren Werke AG (BUD:BMW) Cyclically Adjusted FCF per Share : Ft1,065.14 (As of Mar. 2024)


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What is Bayerische Motoren Werke AG 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.

Bayerische Motoren Werke AG's adjusted free cash flow per share for the three months ended in Mar. 2024 was Ft197.076. 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 Ft1,065.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bayerische Motoren Werke AG's average Cyclically Adjusted FCF Growth Rate was 25.30% 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 Bayerische Motoren Werke AG was 30.70% per year. The lowest was 11.20% per year. And the median was 20.95% per year.

As of today (2024-06-08), Bayerische Motoren Werke AG's current stock price is Ft35950.00. Bayerische Motoren Werke AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was Ft1,065.14. Bayerische Motoren Werke AG's Cyclically Adjusted Price-to-FCF of today is 33.75.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bayerische Motoren Werke AG was 87.90. The lowest was 29.90. And the median was 44.75.


Bayerische Motoren Werke AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bayerische Motoren Werke AG'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.

Bayerische Motoren Werke AG Cyclically Adjusted FCF per Share Chart

Bayerische Motoren Werke AG 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 -907.15 -729.96 -352.35 529.47 1,027.15

Bayerische Motoren Werke AG 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 827.67 834.81 1,171.04 1,027.15 1,065.14

Competitive Comparison of Bayerische Motoren Werke AG's Cyclically Adjusted FCF per Share

For the Auto Manufacturers subindustry, Bayerische Motoren Werke AG'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.


Bayerische Motoren Werke AG's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Bayerische Motoren Werke AG's Cyclically Adjusted Price-to-FCF falls into.



Bayerische Motoren Werke AG 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, Bayerische Motoren Werke AG'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)
=197.076/125.0381*125.0381
=197.076

Current CPI (Mar. 2024) = 125.0381.

Bayerische Motoren Werke AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -656.343 99.543 -824.450
201409 -377.063 99.823 -472.311
201412 -1,322.672 99.543 -1,661.443
201503 116.467 99.717 146.042
201506 -1,002.172 100.417 -1,247.897
201509 -566.741 100.417 -705.702
201512 -1,557.639 99.717 -1,953.178
201603 -481.589 100.017 -602.069
201606 164.865 100.717 204.677
201609 -524.994 101.017 -649.835
201612 -747.126 101.217 -922.961
201703 -420.448 101.417 -518.375
201706 141.247 102.117 172.951
201709 564.503 102.717 687.173
201712 -1,028.988 102.617 -1,253.813
201803 -434.129 102.917 -527.440
201806 482.891 104.017 580.478
201809 -154.658 104.718 -184.670
201812 -1,629.916 104.217 -1,955.543
201903 -271.681 104.217 -325.958
201906 -869.268 105.718 -1,028.132
201909 -208.463 106.018 -245.863
201912 -650.048 105.818 -768.121
202003 -421.263 105.718 -498.251
202006 3,175.746 106.618 3,724.418
202009 1,513.253 105.818 1,788.117
202012 229.993 105.518 272.541
202103 1,941.328 107.518 2,257.670
202106 2,167.290 108.486 2,497.966
202109 2,585.404 109.435 2,954.036
202112 -904.003 110.384 -1,024.019
202203 1,097.189 113.968 1,203.762
202206 3,651.453 115.760 3,944.101
202209 3,145.575 118.818 3,310.251
202212 577.261 119.345 604.799
202303 2,843.337 122.402 2,904.563
202306 605.117 123.140 614.442
202309 1,995.860 124.195 2,009.415
202312 -2,315.234 123.773 -2,338.900
202403 197.076 125.038 197.076

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


Bayerische Motoren Werke AG  (BUD:BMW) 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.

Bayerische Motoren Werke AG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=35950.00/1065.14
=33.75

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bayerische Motoren Werke AG was 87.90. The lowest was 29.90. And the median was 44.75.


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.


Bayerische Motoren Werke AG Cyclically Adjusted FCF per Share Related Terms

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


Bayerische Motoren Werke AG (BUD:BMW) Business Description

Address
Petuelring 130, Munich, BY, DEU, 80809
In addition to being one of the world's leading premium light-vehicle manufacturers, BMW Group produces BMW motorcycles and provides financial services. Premium light-vehicle brands include BMW, Mini, and ultraluxury brand Rolls-Royce. Operations include 31 production facilities in 15 countries, research and development facilities in 17 countries, and a sales network reaching over 140 countries. In 2022, worldwide sales volume roughly 2.4 million automobiles and about 216,000 motorcycles.

Bayerische Motoren Werke AG (BUD:BMW) Headlines

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