GURUFOCUS.COM » STOCK LIST » Industrials » Construction » B L Kashyap and Sons Ltd (NSE:BLKASHYAP) » Definitions » Cyclically Adjusted FCF per Share

B L Kashyap and Sons (NSE:BLKASHYAP) Cyclically Adjusted FCF per Share : ₹2.68 (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is B L Kashyap and Sons 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.

B L Kashyap and Sons's adjusted free cash flow per share data for the fiscal year that ended in Mar. 2024 was ₹1.944. 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 ₹2.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, B L Kashyap and Sons's average Cyclically Adjusted FCF Growth Rate was 32.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -5.60% 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 B L Kashyap and Sons was 40.90% per year. The lowest was -17.00% per year. And the median was 1.05% per year.

As of today (2024-06-08), B L Kashyap and Sons's current stock price is ₹ 82.95. B L Kashyap and Sons's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar. 2024 was ₹2.68. B L Kashyap and Sons's Cyclically Adjusted Price-to-FCF of today is 30.95.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of B L Kashyap and Sons was 26.93. The lowest was 1.14. And the median was 6.50.


B L Kashyap and Sons Cyclically Adjusted FCF per Share Historical Data

The historical data trend for B L Kashyap and Sons'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.

B L Kashyap and Sons Cyclically Adjusted FCF per Share Chart

B L Kashyap and Sons Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.35 2.88 3.46 2.03 2.68

B L Kashyap and Sons 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 2.03 - - - 2.68

Competitive Comparison of B L Kashyap and Sons's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, B L Kashyap and Sons'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.


B L Kashyap and Sons's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, B L Kashyap and Sons's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where B L Kashyap and Sons's Cyclically Adjusted Price-to-FCF falls into.



B L Kashyap and Sons 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, B L Kashyap and Sons's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.944/153.0345*153.0345
=1.944

Current CPI (Mar. 2024) = 153.0345.

B L Kashyap and Sons Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 -2.688 97.163 -4.234
201603 3.681 102.518 5.495
201703 10.711 105.196 15.582
201803 4.689 109.786 6.536
201903 7.119 118.202 9.217
202003 -1.318 124.705 -1.617
202103 -8.453 131.771 -9.817
202203 3.485 138.822 3.842
202303 -0.174 146.865 -0.181
202403 1.944 153.035 1.944

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


B L Kashyap and Sons  (NSE:BLKASHYAP) 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.

B L Kashyap and Sons's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=82.95/2.68
=30.95

* 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 B L Kashyap and Sons was 26.93. The lowest was 1.14. And the median was 6.50.


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.


B L Kashyap and Sons Cyclically Adjusted FCF per Share Related Terms

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


B L Kashyap and Sons (NSE:BLKASHYAP) Business Description

Traded in Other Exchanges
Address
DLF Tower-A, Jasola, 409, 4th Floor, New Delhi, IND, 110025
B L Kashyap and Sons Ltd is an India based company, engages in construction and infrastructure development activities. It provides construction solutions and services in various sectors, such as factories and manufacturing facilities, information technology campuses, commercial and residential complexes, schools and colleges, retail malls/multiplexes, hotels, and hospitals. It has one reportable business segment which is Civil Construction Services and it mainly operates in India.

B L Kashyap and Sons (NSE:BLKASHYAP) Headlines

No Headlines