GURUFOCUS.COM » STOCK LIST » Technology » Software » BlackBerry Ltd (NYSE:BB) » Definitions » Cyclically Adjusted FCF per Share

BlackBerry (BlackBerry) Cyclically Adjusted FCF per Share : $0.12 (As of Feb. 2024)


View and export this data going back to 1999. Start your Free Trial

What is BlackBerry 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.

BlackBerry's adjusted free cash flow per share for the three months ended in Feb. 2024 was $-0.032. 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 $0.12 for the trailing ten years ended in Feb. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 152.00% 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 BlackBerry was 152.00% per year. The lowest was -77.30% per year. And the median was -3.55% per year.

As of today (2024-05-21), BlackBerry's current stock price is $2.96. BlackBerry's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was $0.12. BlackBerry's Cyclically Adjusted Price-to-FCF of today is 24.67.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of BlackBerry was 1480.00. The lowest was 5.43. And the median was 12.39.


BlackBerry Cyclically Adjusted FCF per Share Historical Data

The historical data trend for BlackBerry'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.

BlackBerry Cyclically Adjusted FCF per Share Chart

BlackBerry Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.01 0.04 -0.17 0.12

BlackBerry Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.17 -0.19 -0.10 -0.04 0.12

Competitive Comparison of BlackBerry's Cyclically Adjusted FCF per Share

For the Software - Infrastructure subindustry, BlackBerry'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.


BlackBerry's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, BlackBerry's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



BlackBerry 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, BlackBerry's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.032/125.4675*125.4675
=-0.032

Current CPI (Feb. 2024) = 125.4675.

BlackBerry Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.204 99.394 0.258
201408 -0.064 99.315 -0.081
201411 0.083 99.078 0.105
201502 0.305 99.078 0.386
201505 0.167 100.263 0.209
201508 0.120 100.579 0.150
201511 -0.006 100.421 -0.007
201602 -0.065 100.421 -0.081
201605 -0.142 101.765 -0.175
201608 -0.086 101.686 -0.106
201611 -0.314 101.607 -0.388
201702 -0.015 102.476 -0.018
201705 1.568 103.108 1.908
201708 -0.010 103.108 -0.012
201711 -0.026 103.740 -0.031
201802 -0.291 104.688 -0.349
201805 -0.035 105.399 -0.042
201808 0.027 106.031 0.032
201811 0.078 105.478 0.093
201902 0.011 106.268 0.013
201905 -0.119 107.927 -0.138
201908 0.007 108.085 0.008
201911 0.046 107.769 0.054
202002 0.037 108.559 0.043
202005 -0.072 107.532 -0.084
202008 0.038 108.243 0.044
202011 0.037 108.796 0.043
202102 0.064 109.745 0.073
202105 -0.072 111.404 -0.081
202108 0.009 112.668 0.010
202111 -0.046 113.932 -0.051
202202 -0.003 115.986 -0.003
202205 -0.080 120.016 -0.084
202208 -0.055 120.569 -0.057
202211 -0.306 121.675 -0.316
202302 -0.034 122.070 -0.035
202305 0.153 124.045 0.155
202308 -0.101 125.389 -0.101
202311 -0.055 125.468 -0.055
202402 -0.032 125.468 -0.032

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


BlackBerry  (NYSE:BB) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.96/0.12
=24.67

* 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 BlackBerry was 1480.00. The lowest was 5.43. And the median was 12.39.


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.


BlackBerry Cyclically Adjusted FCF per Share Related Terms

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


BlackBerry (BlackBerry) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » BlackBerry Ltd (NYSE:BB) » Definitions » Cyclically Adjusted FCF per Share
Address
2200 University Avenue East, Waterloo, ON, CAN, N2K 0A7
BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises. The firm provides endpoint management and protection to enterprises, specializing in regulated industries like government, as well as embedded software to the automotive, medical, and industrial markets.
Executives
Marjorie Dickman officer: Chief Gv Aff & Pub Pol Officer C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
John Joseph Giamatteo officer: President of Cyber Security
Mattias Eriksson officer: President of IoT C/O 2200 UNIVERSITY AVE EAST, WATERLOO A6 N2K OA7
Steve Rai officer: Chief Financial Officer C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Philip S. Kurtz officer: CLO & Corp. Secretary C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Nita C White-ivy officer: EVP, Human Resources 5000 HACIENDA DR, DUBLIN CA 94568
John S Chen director, officer: Executive Chairman & CEO C/O SYBASE INC, 5000 HACIENDA DR, DUBLIN CA 92563
Mark George Wilson officer: Chief Marketing Officer C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Billy Ho officer: EVP, Ent. Products & VAS 5000 HACIENDA DR, DUBLIN CA 94568
Randall Cook officer: CLO & Corp. Secretary C/O BLACKBERRY LIMITED, 3001 BISHOP DRIVE, SUITE 400, SAN RAMON CA 10017
Thomas Eacobacci officer: President, BlackBerry C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO Z4 A6 N2K 0A7
Steven M Capelli officer: Chief Revenue Officer 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
David Castignola officer: Head of Spark Field Ops & Mktg C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Barbara Stymiest director C/O BLACKBERRY LIMITED, 2200 UNIVERSITY AVENUE EAST, WATERLOO A6 N2K 0A7
Second 1109 Holdco Ltd. director, 10 percent owner 95 WELLINGTON ST W STE 800, TORONTO A6 M5J 2N7