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Builders Capital Mortgage (TSXV:BCF) Cyclically Adjusted FCF per Share : C$0.22 (As of Mar. 2024)


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What is Builders Capital Mortgage 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.

Builders Capital Mortgage's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$0.384. 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 C$0.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Builders Capital Mortgage's average Cyclically Adjusted FCF Growth Rate was -100.00% 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.

As of today (2024-06-01), Builders Capital Mortgage's current stock price is C$8.62. Builders Capital Mortgage's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.22. Builders Capital Mortgage's Cyclically Adjusted Price-to-FCF of today is 39.18.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Builders Capital Mortgage was 186.40. The lowest was 38.24. And the median was 142.50.


Builders Capital Mortgage Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Builders Capital Mortgage'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.

Builders Capital Mortgage Cyclically Adjusted FCF per Share Chart

Builders Capital Mortgage 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 - - - 0.05 0.22

Builders Capital Mortgage 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 0.06 0.06 0.08 0.22 0.22

Competitive Comparison of Builders Capital Mortgage's Cyclically Adjusted FCF per Share

For the Mortgage Finance subindustry, Builders Capital Mortgage'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.


Builders Capital Mortgage's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Builders Capital Mortgage's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Builders Capital Mortgage 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, Builders Capital Mortgage'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)
=0.384/126.2576*126.2576
=0.384

Current CPI (Mar. 2024) = 126.2576.

Builders Capital Mortgage Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.435 99.473 0.552
201409 0.152 99.394 0.193
201412 -1.376 98.367 -1.766
201503 0.319 99.789 0.404
201506 0.301 100.500 0.378
201509 0.327 100.421 0.411
201512 -1.588 99.947 -2.006
201603 0.169 101.054 0.211
201606 -0.588 102.002 -0.728
201609 1.108 101.765 1.375
201612 0.867 101.449 1.079
201703 -0.240 102.634 -0.295
201706 -1.573 103.029 -1.928
201709 0.000 103.345 0.000
201712 -0.480 103.345 -0.586
201803 0.657 105.004 0.790
201806 -0.548 105.557 -0.655
201809 0.970 105.636 1.159
201812 0.417 105.399 0.500
201903 -0.241 106.979 -0.284
201906 1.129 107.690 1.324
201909 0.320 107.611 0.375
201912 0.171 107.769 0.200
202003 -0.939 107.927 -1.098
202006 -0.209 108.401 -0.243
202009 0.845 108.164 0.986
202012 0.921 108.559 1.071
202103 1.622 110.298 1.857
202106 -1.984 111.720 -2.242
202109 -0.183 112.905 -0.205
202112 0.080 113.774 0.089
202203 0.100 117.646 0.107
202206 -0.280 120.806 -0.293
202209 0.220 120.648 0.230
202212 -0.821 120.964 -0.857
202303 0.034 122.702 0.035
202306 0.015 124.203 0.015
202309 0.195 125.230 0.197
202312 1.411 125.072 1.424
202403 0.384 126.258 0.384

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


Builders Capital Mortgage  (TSXV:BCF) 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.

Builders Capital Mortgage's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.62/0.22
=39.18

* 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 11 years, the highest Cyclically Adjusted Price-to-FCF of Builders Capital Mortgage was 186.40. The lowest was 38.24. And the median was 142.50.


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.


Builders Capital Mortgage Cyclically Adjusted FCF per Share Related Terms

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


Builders Capital Mortgage (TSXV:BCF) Business Description

Traded in Other Exchanges
N/A
Address
260 - 1414 8th Street SW, Calgary, AB, CAN, T2R 1J6
Builders Capital Mortgage Corp is a mortgage lender providing short?term course-of-construction financing to builders of residential, wood-frame properties in Western Canada. Its investment objective is to generate attractive returns, relative to risk, in order to provide stable and consistent distributions to shareholders while remaining focused on capital preservation and satisfying the criteria mandated for mortgage investment corporations (MIC).

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