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Bilfinger SE (WBO:GBF) Cyclically Adjusted Price-to-FCF : (As of Jun. 02, 2024)


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What is Bilfinger SE Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bilfinger SE Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bilfinger SE'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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Bilfinger SE Cyclically Adjusted Price-to-FCF Chart

Bilfinger SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Bilfinger SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Bilfinger SE's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Bilfinger SE'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.


Bilfinger SE's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bilfinger SE's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Bilfinger SE 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.

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

For example, Bilfinger SE'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)
=0.626/125.0381*125.0381
=0.626

Current CPI (Mar. 2024) = 125.0381.

Bilfinger SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.585 99.543 -1.991
201409 2.286 99.823 2.863
201412 3.890 99.543 4.886
201503 -3.779 99.717 -4.739
201506 -1.765 100.417 -2.198
201509 0.543 100.417 0.676
201512 4.950 99.717 6.207
201603 -3.371 100.017 -4.214
201606 -4.253 100.717 -5.280
201609 0.271 101.017 0.335
201612 0.120 101.217 0.148
201703 -1.154 101.417 -1.423
201706 -3.506 102.117 -4.293
201709 -0.408 102.717 -0.497
201712 1.337 102.617 1.629
201803 -1.645 102.917 -1.999
201806 -1.616 104.017 -1.943
201809 -0.362 104.718 -0.432
201812 2.736 104.217 3.283
201903 -2.530 104.217 -3.035
201906 -2.076 105.718 -2.455
201909 0.127 106.018 0.150
201912 3.656 105.818 4.320
202003 -2.298 105.718 -2.718
202006 2.995 106.618 3.512
202009 1.057 105.818 1.249
202012 -0.027 105.518 -0.032
202103 -0.688 107.518 -0.800
202106 -1.334 108.486 -1.538
202109 0.958 109.435 1.095
202112 2.355 110.384 2.668
202203 -1.883 113.968 -2.066
202206 0.288 115.760 0.311
202209 1.718 118.818 1.808
202212 2.487 119.345 2.606
202303 -0.723 122.402 -0.739
202306 -1.283 123.140 -1.303
202309 1.603 124.195 1.614
202312 2.681 123.773 2.708
202403 0.626 125.038 0.626

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.


Bilfinger SE  (WBO:GBF) 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.


Bilfinger SE Cyclically Adjusted Price-to-FCF Related Terms

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Bilfinger SE (WBO:GBF) Business Description

Industry
Traded in Other Exchanges
Address
Oskar-Meixner-Street 1, Mannheim, BW, DEU, 68163
Bilfinger SE is an international industrial services provider. It delivers customized engineering and services to customers in the chemical, pharmaceutical, energy, oil, and gas markets. Its product portfolio attempts to cover the entire value chain, from consulting and planning to installation and maintenance. Bilfinger has three operating segments: Engineering & Maintenance Europe, Engineering & Maintenance International, and Technologies. A majority of the sales are derived from Europe, with Germany being an important region for the company.

Bilfinger SE (WBO:GBF) Headlines