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Black Diamond Group (TSX:BDI) Cyclically Adjusted Price-to-FCF : 9.07 (As of Jun. 10, 2024)


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What is Black Diamond Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Black Diamond Group's current share price is C$7.80. Black Diamond Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.86. Black Diamond Group's Cyclically Adjusted Price-to-FCF for today is 9.07.

The historical rank and industry rank for Black Diamond Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

TSX:BDI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.33   Med: 7.89   Max: 276
Current: 9.06

During the past years, Black Diamond Group's highest Cyclically Adjusted Price-to-FCF was 276.00. The lowest was 3.33. And the median was 7.89.

TSX:BDI's Cyclically Adjusted Price-to-FCF is ranked better than
73.98% of 369 companies
in the Business Services industry
Industry Median: 18.07 vs TSX:BDI: 9.06

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.

Black Diamond Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$0.084. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is C$0.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Black Diamond Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Black Diamond Group'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.

* Premium members only.

Black Diamond Group Cyclically Adjusted Price-to-FCF Chart

Black Diamond Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.74 7.27 8.15 6.09 9.43

Black Diamond Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 6.94 7.49 8.70 9.43 10.39

Competitive Comparison of Black Diamond Group's Cyclically Adjusted Price-to-FCF

For the Rental & Leasing Services subindustry, Black Diamond Group'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.


Black Diamond Group's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Black Diamond Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Black Diamond Group's Cyclically Adjusted Price-to-FCF falls into.



Black Diamond Group 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.

Black Diamond Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.80/0.86
=9.07

* 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.

Black Diamond Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Black Diamond Group'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)
=0.084/126.2576*126.2576
=0.084

Current CPI (Mar. 2024) = 126.2576.

Black Diamond Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.233 99.473 1.565
201409 -0.361 99.394 -0.459
201412 0.134 98.367 0.172
201503 0.149 99.789 0.189
201506 0.542 100.500 0.681
201509 0.331 100.421 0.416
201512 1.112 99.947 1.405
201603 0.279 101.054 0.349
201606 0.485 102.002 0.600
201609 0.094 101.765 0.117
201612 0.408 101.449 0.508
201703 0.019 102.634 0.023
201706 0.011 103.029 0.013
201709 -0.040 103.345 -0.049
201712 0.154 103.345 0.188
201803 0.265 105.004 0.319
201806 0.071 105.557 0.085
201809 0.124 105.636 0.148
201812 -0.065 105.399 -0.078
201903 0.067 106.979 0.079
201906 -0.037 107.690 -0.043
201909 0.037 107.611 0.043
201912 -0.010 107.769 -0.012
202003 -0.038 107.927 -0.044
202006 0.079 108.401 0.092
202009 0.040 108.164 0.047
202012 0.174 108.559 0.202
202103 0.162 110.298 0.185
202106 0.167 111.720 0.189
202109 0.092 112.905 0.103
202112 0.141 113.774 0.156
202203 0.106 117.646 0.114
202206 0.136 120.806 0.142
202209 0.203 120.648 0.212
202212 -0.171 120.964 -0.178
202303 0.260 122.702 0.268
202306 0.215 124.203 0.219
202309 0.217 125.230 0.219
202312 0.342 125.072 0.345
202403 0.084 126.258 0.084

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.


Black Diamond Group  (TSX:BDI) 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.


Black Diamond Group Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Black Diamond Group's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Black Diamond Group (TSX:BDI) Business Description

Traded in Other Exchanges
Address
440-2nd Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 5E9
Black Diamond Group Ltd rents and sells space rental solutions and modular workforce accommodations to business customers in Canada, the United States and Australia. It has two business units: Modular Space Solutions and Workforce Solutions. Modular Space Solutions provides high quality, cost effective, modular space rentals to customers. The customers operate in the construction, real estate development, education, manufacturing, health care, financial, government and defense industries. Workforce Solutions provides complete workforce housing solutions including rental of accommodations and surface equipment, provision of full turnkey lodge services and provision of travel management logistics through the Company's online digital marketplace, LodgeLink.
Executives
Steve Stein Director

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