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Bouygues (Bouygues) Cyclically Adjusted FCF per Share : $0.45 (As of Dec. 2023)


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What is Bouygues 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.

Bouygues's adjusted free cash flow per share for the three months ended in Dec. 2023 was $2.147. 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 $0.45 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Bouygues's average Cyclically Adjusted FCF Growth Rate was 36.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.80% 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 Bouygues was 13.90% per year. The lowest was -8.20% per year. And the median was -3.60% per year.

As of today (2024-04-28), Bouygues's current stock price is $7.67. Bouygues's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.45. Bouygues's Cyclically Adjusted Price-to-FCF of today is 17.04.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bouygues was 38.61. The lowest was 16.15. And the median was 24.00.


Bouygues Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bouygues'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.

Bouygues Cyclically Adjusted FCF per Share Chart

Bouygues 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 0.34 0.35 0.31 0.32 0.45

Bouygues Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.32 0.31 0.29 0.30 0.45

Competitive Comparison of Bouygues's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, Bouygues'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.


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

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

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



Bouygues 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, Bouygues's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.147/118.2300*118.2300
=2.147

Current CPI (Dec. 2023) = 118.2300.

Bouygues Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.835 100.240 -0.985
201406 -0.396 100.180 -0.467
201409 0.212 99.920 0.251
201412 1.200 99.860 1.421
201503 -0.729 100.170 -0.860
201506 -0.147 100.440 -0.173
201509 0.193 99.950 0.228
201512 0.694 100.040 0.820
201603 -1.010 100.020 -1.194
201606 -0.126 100.630 -0.148
201609 0.258 100.340 0.304
201612 0.971 100.650 1.141
201703 -0.896 101.170 -1.047
201706 -0.229 101.320 -0.267
201709 0.360 101.330 0.420
201712 0.996 101.850 1.156
201803 -0.852 102.750 -0.980
201806 -0.100 103.370 -0.114
201809 0.085 103.560 0.097
201812 0.903 103.470 1.032
201903 -0.749 103.890 -0.852
201906 -0.186 104.580 -0.210
201909 0.321 104.500 0.363
201912 1.460 104.980 1.644
202003 -0.727 104.590 -0.822
202006 -0.192 104.790 -0.217
202009 0.624 104.550 0.706
202012 0.866 104.960 0.975
202103 -0.795 105.750 -0.889
202106 0.026 106.340 0.029
202109 0.171 106.810 0.189
202112 1.111 107.850 1.218
202203 -0.823 110.490 -0.881
202206 -0.487 112.550 -0.512
202209 0.049 112.740 0.051
202212 1.407 114.160 1.457
202303 -0.639 116.790 -0.647
202306 -0.379 117.650 -0.381
202309 0.441 118.260 0.441
202312 2.147 118.230 2.147

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


Bouygues  (OTCPK:BOUYY) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7.67/0.45
=17.04

* 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 Bouygues was 38.61. The lowest was 16.15. And the median was 24.00.


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.


Bouygues Cyclically Adjusted FCF per Share Related Terms

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


Bouygues (Bouygues) Business Description

Industry
Traded in Other Exchanges
Address
32 avenue Hoche, Paris, FRA, 75008
Bouygues is a French conglomerate made up of a disparate range of assets: a construction business, a TV business, and a telecom business. It is one of the biggest construction companies in France and Europe with construction sales of around EUR 25 billion-EUR 30 billion and one of the four telecom operators in France, with both mobile and fixed operations and EUR 6 billion in revenue. It is also the owner of TF1, one of the main media and TV companies in France.

Bouygues (Bouygues) Headlines

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