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Bed Bath & Beyond (WBO:BBBY) Cyclically Adjusted FCF per Share : €1.27 (As of Feb. 2023)


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What is Bed Bath & Beyond 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.

Bed Bath & Beyond's adjusted free cash flow per share for the three months ended in Feb. 2023 was €-0.754. 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 €1.27 for the trailing ten years ended in Feb. 2023.

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 (2024-06-08), Bed Bath & Beyond's current stock price is €0.105. Bed Bath & Beyond's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2023 was €1.27. Bed Bath & Beyond's Cyclically Adjusted Price-to-FCF of today is 0.08.


Bed Bath & Beyond Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bed Bath & Beyond'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.

Bed Bath & Beyond Cyclically Adjusted FCF per Share Chart

Bed Bath & Beyond Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.49 3.55 3.36 2.97 1.27

Bed Bath & Beyond Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 2.97 2.40 2.00 1.55 1.27

Competitive Comparison of Bed Bath & Beyond's Cyclically Adjusted FCF per Share

For the Specialty Retail subindustry, Bed Bath & Beyond'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.


Bed Bath & Beyond's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bed Bath & Beyond's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Bed Bath & Beyond's Cyclically Adjusted Price-to-FCF falls into.



Bed Bath & Beyond 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, Bed Bath & Beyond's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2023 (Change)*Current CPI (Feb. 2023)
=-0.754/126.9276*126.9276
=-0.754

Current CPI (Feb. 2023) = 126.9276.

Bed Bath & Beyond Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201305 0.732 98.282 0.945
201308 0.552 98.675 0.710
201311 0.027 98.334 0.035
201402 2.420 99.057 3.101
201405 0.422 100.373 0.534
201408 1.069 100.352 1.352
201411 -0.524 99.635 -0.668
201502 2.860 99.032 3.666
201505 0.390 100.333 0.493
201508 0.938 100.548 1.184
201511 -0.016 100.135 -0.020
201602 2.549 100.040 3.234
201605 0.688 101.355 0.862
201608 0.979 101.617 1.223
201611 1.141 101.829 1.422
201702 1.299 102.779 1.604
201705 0.789 103.256 0.970
201708 0.386 103.587 0.473
201711 0.246 104.072 0.300
201802 1.505 105.052 1.818
201805 0.912 106.148 1.091
201808 1.981 106.383 2.364
201811 -0.319 106.338 -0.381
201902 1.228 106.649 1.461
201905 0.152 108.048 0.179
201908 0.794 108.245 0.931
201911 -0.455 108.519 -0.532
202002 1.820 109.139 2.117
202005 -3.239 108.175 -3.800
202008 3.446 109.662 3.989
202011 0.038 109.793 0.044
202102 0.071 110.968 0.081
202105 -0.788 113.576 -0.881
202108 -0.010 115.421 -0.011
202111 -3.464 117.269 -3.749
202202 1.598 119.703 1.694
202205 -5.804 123.323 -5.974
202208 -3.969 124.958 -4.032
202211 -4.360 125.607 -4.406
202302 -0.754 126.928 -0.754

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


Bed Bath & Beyond  (WBO:BBBY) 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.

Bed Bath & Beyond's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.105/1.27
=0.08

* 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.


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.


Bed Bath & Beyond Cyclically Adjusted FCF per Share Related Terms

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


Bed Bath & Beyond (WBO:BBBY) Business Description

Traded in Other Exchanges
N/A
Address
650 Liberty Avenue, Union, NJ, USA, 07083
Bed Bath & Beyond Inc is a specialty home retailer in the U.S that sells a wide assortment of domestic merchandise and home furnishings, the assortment of branded bed and bath accessories, kitchen textiles, and cooking supplies the firm has divested the online retailer Personalizationmall.com, One Kings Lane, Christmas Tree Shops and That (gifts/housewares), Linen Holdings, and Cost Plus World Market in recent years.

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