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B/E Aerospace (B/E Aerospace) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2024)


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What is B/E Aerospace Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


B/E Aerospace Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for B/E Aerospace'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.

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B/E Aerospace Cyclically Adjusted Price-to-FCF Chart

B/E Aerospace Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted Price-to-FCF
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B/E Aerospace Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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Competitive Comparison of B/E Aerospace's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, B/E Aerospace'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/E Aerospace's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, B/E Aerospace's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where B/E Aerospace's Cyclically Adjusted Price-to-FCF falls into.



B/E Aerospace 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.

B/E Aerospace's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2016 is calculated as:

For example, B/E Aerospace's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2016 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=1.092/101.8627*101.8627
=1.092

Current CPI (Dec. 2016) = 101.8627.

B/E Aerospace Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200703 -0.311 86.640 -0.366
200706 -0.344 87.906 -0.399
200709 0.176 87.964 0.204
200712 0.337 88.616 0.387
200803 -0.472 90.090 -0.534
200806 0.448 92.320 0.494
200809 0.285 92.307 0.315
200812 0.620 88.697 0.712
200903 -0.502 89.744 -0.570
200906 0.288 91.003 0.322
200909 0.218 91.120 0.244
200912 0.536 91.111 0.599
201003 0.380 91.821 0.422
201006 0.408 91.962 0.452
201009 0.622 92.162 0.687
201012 0.840 92.474 0.925
201103 0.497 94.283 0.537
201106 0.580 95.235 0.620
201109 0.676 95.727 0.719
201112 0.612 95.213 0.655
201203 0.238 96.783 0.250
201206 0.459 96.819 0.483
201209 0.467 97.633 0.487
201212 1.070 96.871 1.125
201303 0.212 98.209 0.220
201306 0.381 98.518 0.394
201309 0.616 98.790 0.635
201312 0.948 98.326 0.982
201403 0.001 99.695 0.001
201406 -0.527 100.560 -0.534
201409 0.722 100.428 0.732
201412 -0.241 99.070 -0.248
201503 0.115 99.621 0.118
201506 0.474 100.684 0.480
201509 0.622 100.392 0.631
201512 0.988 99.792 1.008
201603 -0.054 100.470 -0.055
201606 0.631 101.688 0.632
201609 0.574 101.861 0.574
201612 1.092 101.863 1.092

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.


B/E Aerospace  (NAS:BEAV) 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.


B/E Aerospace Cyclically Adjusted Price-to-FCF Related Terms

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B/E Aerospace (B/E Aerospace) Business Description

Traded in Other Exchanges
N/A
Address
B/E Aerospace Inc is a Delaware corporation incorporated in 1987. The Company manufactures aircraft cabin interior products. It designs, develops and manufactures products for both commercial aircrafts and business jets. It offers products including aircraft cabin seating, lighting systems, oxygen systems, food and beverage preparation and storage equipment, galley systems, and modular lavatory systems. It also provides cabin interior reconfiguration, program management and certification services. In addition, it also designs, engineers and manufactures customized and fully integrated thermal and power management solutions. The Company sells and supports its products through its direct sales and product support organization. The Company's operations are subject to changing federal, state and foreign laws and regulations establishing health and environmental quality standards, including those governing discharges of pollutants into the air and water and the management and disposal of hazardous substances and wastes.
Executives
James F Albaugh director C/O THE BOEING COMPANY, 100 NORTH RIVERSIDE PLAZA, CHICAGO IL 60606
David J Anderson director C/O HONEYWELL INTERNATIONAL INC, 101 COLUMBIA ROAD, MORRISTOWN NJ 09762
Mary M Vandeweghe director 1601 W. DIEHL ROAD, NAPERVILLE IL 60563
Amin J Khoury director, officer: Executive Chairman 1300 CORPORATE CENTER WAY, WELLINGTON FL 33414
Joseph T Lower officer: VP and CFO 200 SW 1ST AVE, SUITE 1600, FORT LAUDERDALE FL 33301
Richard Hamermesh director C/O BE AEROSPACE, INC., 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
John T Whates director 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
John A Cuomo officer: Vice President & GM 6348 WALKER LANE, ALEXANDRIA VA 22310
Thomas P Mccaffrey officer: Sr. VP & CFO 1300 CORPORATE CENTER WAY, WELLINGTON FL 33414
Charles L Chadwell director C/O BE AEROSPACE, INC., 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
Kyri Loupis other: VP/CFO Consumable Mgmt Grp C/O JULIEN YOO, GOLDMAN SACHS, 200 WEST STREET, NEW YORK NY 10282
David C Hurley director C/O BE AEROSPACE INC, 1400 CORPORATE CENTERWAY, WELLINGTON FL 33414
Brian H Rowe director 538 COMMONS DRIVE, GOLDEN CO 80401

B/E Aerospace (B/E Aerospace) Headlines