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Becton Dickinson (MIC:BDX-RM) Cyclically Adjusted FCF per Share : ₽0.00 (As of Mar. 2024)


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What is Becton Dickinson Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Becton Dickinson's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₽120.071. 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 ₽0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Becton Dickinson's average Cyclically Adjusted FCF Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 8.30% 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 Becton Dickinson was 29.30% per year. The lowest was -18.80% per year. And the median was 10.20% per year.

As of today (2024-05-20), Becton Dickinson's current stock price is ₽20906.00. Becton Dickinson's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₽0.00. Becton Dickinson's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Becton Dickinson was 41.05. The lowest was 21.95. And the median was 30.04.


Becton Dickinson Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Becton Dickinson'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.

Becton Dickinson Cyclically Adjusted FCF per Share Chart

Becton Dickinson Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
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Becton Dickinson 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 Becton Dickinson's Cyclically Adjusted FCF per Share

For the Medical Instruments & Supplies subindustry, Becton Dickinson'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.


Becton Dickinson's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Becton Dickinson's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Becton Dickinson 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, Becton Dickinson'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)
=120.071/131.7762*131.7762
=120.071

Current CPI (Mar. 2024) = 131.7762.

Becton Dickinson Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 52.387 100.560 68.650
201409 52.594 100.428 69.011
201412 49.382 99.070 65.685
201503 20.715 99.621 27.401
201506 102.276 100.684 133.860
201509 149.363 100.392 196.057
201512 111.389 99.792 147.090
201603 135.024 100.470 177.096
201606 202.273 101.688 262.123
201609 119.984 101.861 155.222
201612 56.534 101.863 73.136
201703 144.672 102.862 185.339
201706 51.130 103.349 65.194
201709 215.038 104.136 272.115
201712 35.787 104.011 45.340
201803 103.440 105.290 129.461
201806 79.137 106.317 98.088
201809 237.294 106.507 293.594
201812 20.026 105.998 24.896
201903 140.697 107.251 172.871
201906 159.979 108.070 195.073
201909 231.800 108.329 281.971
201912 121.710 108.420 147.929
202003 75.527 108.902 91.391
202006 161.959 108.767 196.220
202009 351.680 109.815 422.011
202012 327.212 109.897 392.357
202103 241.768 111.754 285.083
202106 184.328 114.631 211.897
202109 126.390 115.734 143.909
202112 126.610 117.630 141.837
202203 81.115 121.301 88.120
202206 63.808 125.017 67.258
202209 137.953 125.227 145.168
202212 41.180 125.222 43.335
202303 0.790 127.348 0.817
202306 250.571 128.729 256.503
202309 337.611 129.860 342.594
202312 224.493 129.419 228.581
202403 120.071 131.776 120.071

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


Becton Dickinson  (MIC:BDX-RM) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Becton Dickinson was 41.05. The lowest was 21.95. And the median was 30.04.


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.


Becton Dickinson Cyclically Adjusted FCF per Share Related Terms

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


Becton Dickinson (MIC:BDX-RM) Business Description

Address
1 Becton Drive, Franklin Lakes, NJ, USA, 07417-1880
Becton, Dickinson is the world's largest manufacturer and distributor of medical surgical products, such as needles, syringes, and sharps-disposal units. The company also manufactures pre-filled devices, diagnostic instruments and reagents, as well as flow cytometry and cell-imaging systems. BD Medical is nearly half of the total business, while BD Life Sciences (26% of estimated 2023 revenue) and BD Interventional (25%) account for the remainder. International revenue accounts for 43% of the company's business.

Becton Dickinson (MIC:BDX-RM) Headlines

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