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Badger Meter (STU:33B) Cyclically Adjusted FCF per Share : €2.20 (As of Mar. 2024)


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What is Badger Meter 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.

Badger Meter's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.586. 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 €2.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Badger Meter's average Cyclically Adjusted FCF Growth Rate was 17.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 18.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 19.10% 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 Badger Meter was 26.00% per year. The lowest was -14.50% per year. And the median was 15.90% per year.

As of today (2024-05-23), Badger Meter's current stock price is €183.60. Badger Meter's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.20. Badger Meter's Cyclically Adjusted Price-to-FCF of today is 83.45.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Badger Meter was 83.08. The lowest was 39.42. And the median was 57.12.


Badger Meter Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Badger Meter'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.

Badger Meter Cyclically Adjusted FCF per Share Chart

Badger Meter 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 1.05 1.16 1.49 1.85 2.05

Badger Meter 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 1.87 1.95 2.20 2.05 2.20

Competitive Comparison of Badger Meter's Cyclically Adjusted FCF per Share

For the Scientific & Technical Instruments subindustry, Badger Meter'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.


Badger Meter's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Badger Meter's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Badger Meter 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, Badger Meter'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)
=0.586/131.7762*131.7762
=0.586

Current CPI (Mar. 2024) = 131.7762.

Badger Meter Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.233 100.560 0.305
201409 0.352 100.428 0.462
201412 0.110 99.070 0.146
201503 0.115 99.621 0.152
201506 0.247 100.684 0.323
201509 0.011 100.392 0.014
201512 0.131 99.792 0.173
201603 0.462 100.470 0.606
201606 0.223 101.688 0.289
201609 0.311 101.861 0.402
201612 0.432 101.863 0.559
201703 0.277 102.862 0.355
201706 0.672 103.349 0.857
201709 0.109 104.136 0.138
201712 0.009 104.011 0.011
201803 0.104 105.290 0.130
201806 0.477 106.317 0.591
201809 0.373 106.507 0.461
201812 0.573 105.998 0.712
201903 0.474 107.251 0.582
201906 0.630 108.070 0.768
201909 0.594 108.329 0.723
201912 0.544 108.420 0.661
202003 0.886 108.902 1.072
202006 0.610 108.767 0.739
202009 0.555 109.815 0.666
202012 0.357 109.897 0.428
202103 0.825 111.754 0.973
202106 0.337 114.631 0.387
202109 0.403 115.734 0.459
202112 0.788 117.630 0.883
202203 0.251 121.301 0.273
202206 0.581 125.017 0.612
202209 0.754 125.227 0.793
202212 0.915 125.222 0.963
202303 0.435 127.348 0.450
202306 0.630 128.729 0.645
202309 0.904 129.860 0.917
202312 1.116 129.419 1.136
202403 0.586 131.776 0.586

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


Badger Meter  (STU:33B) 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.

Badger Meter's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=183.60/2.2
=83.45

* 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 Badger Meter was 83.08. The lowest was 39.42. And the median was 57.12.


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.


Badger Meter Cyclically Adjusted FCF per Share Related Terms

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


Badger Meter (STU:33B) Business Description

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4545 West Brown Deer Road, Milwaukee, WI, USA, 53233
Badger Meter Inc is an innovator, manufacturer, and marketer of products incorporating flow measurement, quality, control, and other system solutions serving markets. The company's products measure water, oil, chemicals, and other fluids, and provide and communicate timely measurement data. Badger's product lines include two categories: sales of water meters, radios, software, and related technologies, and water quality monitoring solutions to water utilities (utility water) and sales of meters and other sensing instruments, valves, software, and other solutions for industrial applications in water, wastewater, and other industries (flow instrumentation). It derives a majority of its revenues from the United States.

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