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Badger Meter (Badger Meter) Cyclically Adjusted FCF per Share : $2.36 (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 $0.637. 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 $2.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Badger Meter's average Cyclically Adjusted FCF Growth Rate was 15.10% 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 (2024-04-28), Badger Meter's current stock price is $185.52. Badger Meter's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.36. Badger Meter's Cyclically Adjusted Price-to-FCF of today is 78.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Badger Meter was 79.82. The lowest was 39.42. And the median was 57.02.


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 1.16 1.45 1.72 1.98 2.28

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 2.05 2.10 2.17 2.28 2.36

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)
=0.637/129.4194*129.4194
=0.637

Current CPI (Mar. 2024) = 129.4194.

Badger Meter Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.317 100.560 0.408
201409 0.454 100.428 0.585
201412 0.135 99.070 0.176
201503 0.124 99.621 0.161
201506 0.277 100.684 0.356
201509 0.012 100.392 0.015
201512 0.143 99.792 0.185
201603 0.514 100.470 0.662
201606 0.251 101.688 0.319
201609 0.349 101.861 0.443
201612 0.456 101.863 0.579
201703 0.296 102.862 0.372
201706 0.755 103.349 0.945
201709 0.130 104.136 0.162
201712 0.011 104.011 0.014
201803 0.128 105.290 0.157
201806 0.557 106.317 0.678
201809 0.435 106.507 0.529
201812 0.652 105.998 0.796
201903 0.535 107.251 0.646
201906 0.711 108.070 0.851
201909 0.655 108.329 0.783
201912 0.604 108.420 0.721
202003 0.979 108.902 1.163
202006 0.687 108.767 0.817
202009 0.654 109.815 0.771
202012 0.434 109.897 0.511
202103 0.982 111.754 1.137
202106 0.406 114.631 0.458
202109 0.474 115.734 0.530
202112 0.891 117.630 0.980
202203 0.276 121.301 0.294
202206 0.614 125.017 0.636
202209 0.746 125.227 0.771
202212 0.969 125.222 1.001
202303 0.466 127.348 0.474
202306 0.683 128.729 0.687
202309 0.964 129.860 0.961
202312 1.218 129.419 1.218
202403 0.637 129.419 0.637

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


Badger Meter  (NYSE:BMI) 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
=185.52/2.36
=78.61

* 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 79.82. The lowest was 39.42. And the median was 57.02.


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 (Badger Meter) Business Description

Industry
Traded in Other Exchanges
Address
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.
Executives
Todd A. Adams director 4701 WEST GREENFIELD AVENUE, MILWAUKEE WI 53214
Kimberly K Stoll officer: VP-Marketing 4545 W BROWN DEER ROAD, MILWAUKEE WI 53223
Fred J Begale officer: VP-Engineering 4545 W BROWN DEER ROAD, MILWAUKEE WI 53223
Richard Htwe officer: VP-Global Operations 4545 W. BROWN DEER ROAD, MILWAUKEE WI 53223
Lars Bo Kristensen officer: VP-Global Flow and Intl Water 4545 W. BROWN DEER ROAD, MILWAUKEE WI 53223
Bergum William R A officer: VP-Gen. Counsel and Secretary P O BOX 245036, 4545 W BROWN DEER RD, MILWAUKEE WI 53223
Xia Liu director ONE ENERGY PLACE, PENSACOLA FL 32520
Gregory M Gomez officer: VP-Engineering 4545 W BROWN DEER RD, MILWAUKEE WI 53223
Melanie K. Cook director 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224
Matthew L Stuyvenberg officer: Vice President-Water Quality 4545 W BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224
Henry F Brooks director 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224-9536
Gail A Lione director C/O HARLEY DAVIDSON, 3700 W. JUNEAU AVE, MILWAUKEE WI 53208
Sheryl Hopkins officer: VP - Human Resources 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224-9536
Richard A Meeusen director, officer: President & CEO, other: Co-trustee, Officers Voting Tr P O BOX 23099, MILWAUKEE WI 532230099
James W Mcgill director 8550 MOSLEY ROAD, HOUSTON TX 77075

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