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Brenntag SE (XTER:BNR) Cyclically Adjusted FCF per Share : €4.12 (As of Mar. 2024)


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What is Brenntag SE 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.

Brenntag SE's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.590. 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 €4.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Brenntag SE's average Cyclically Adjusted FCF Growth Rate was 16.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.00% 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 Brenntag SE was 14.40% per year. The lowest was 11.00% per year. And the median was 13.40% per year.

As of today (2024-06-01), Brenntag SE's current stock price is €65.98. Brenntag SE's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.12. Brenntag SE's Cyclically Adjusted Price-to-FCF of today is 16.01.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Brenntag SE was 30.33. The lowest was 14.55. And the median was 21.61.


Brenntag SE Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Brenntag SE'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.

Brenntag SE Cyclically Adjusted FCF per Share Chart

Brenntag SE 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 2.16 2.77 2.83 3.23 4.04

Brenntag SE 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 3.53 3.69 3.92 4.04 4.12

Competitive Comparison of Brenntag SE's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, Brenntag SE'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.


Brenntag SE's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Brenntag SE's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Brenntag SE 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, Brenntag SE'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)
=0.59/125.0381*125.0381
=0.590

Current CPI (Mar. 2024) = 125.0381.

Brenntag SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.165 99.543 0.207
201409 0.544 99.823 0.681
201412 0.845 99.543 1.061
201503 0.268 99.717 0.336
201506 0.553 100.417 0.689
201509 0.909 100.417 1.132
201512 1.291 99.717 1.619
201603 0.489 100.017 0.611
201606 0.581 100.717 0.721
201609 0.985 101.017 1.219
201612 0.538 101.217 0.665
201703 0.323 101.417 0.398
201706 0.133 102.117 0.163
201709 0.592 102.717 0.721
201712 0.591 102.617 0.720
201803 -0.301 102.917 -0.366
201806 0.224 104.017 0.269
201809 0.533 104.718 0.636
201812 0.814 104.217 0.977
201903 0.822 104.217 0.986
201906 0.682 105.718 0.807
201909 1.544 106.018 1.821
201912 1.335 105.818 1.577
202003 1.012 105.718 1.197
202006 1.210 106.618 1.419
202009 2.686 105.818 3.174
202012 1.686 105.518 1.998
202103 0.256 107.518 0.298
202106 -0.218 108.486 -0.251
202109 1.086 109.435 1.241
202112 0.099 110.384 0.112
202203 -0.098 113.968 -0.108
202206 0.339 115.760 0.366
202209 2.385 118.818 2.510
202212 1.843 119.345 1.931
202303 2.273 122.402 2.322
202306 1.811 123.140 1.839
202309 2.507 124.195 2.524
202312 2.320 123.773 2.344
202403 0.590 125.038 0.590

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


Brenntag SE  (XTER:BNR) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=65.98/4.12
=16.01

* 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 Brenntag SE was 30.33. The lowest was 14.55. And the median was 21.61.


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.


Brenntag SE Cyclically Adjusted FCF per Share Related Terms

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


Brenntag SE (XTER:BNR) Business Description

Industry
Traded in Other Exchanges
Address
Messeallee 11, Essen, NW, DEU, 45131
Brenntag SE manufactures, distributes, and sells chemicals and chemical-based products in three categories: life science, material science, and environmental. Life science chemicals are used to produce cosmetics, food, animal nutrition, and pharmaceuticals. The material science chemicals are used to produce soaps and detergents, coatings, and paints as well as the extraction of oil and gas. Environmental chemicals are used in the water treatment process. The company organizes itself into four segments based on geography: North America; Latin America; Europe, Middle East, and Africa; and Asia-Pacific. More revenue comes from EMEA than any other segment.
Executives
Michael Friede Board of Directors
Ulrich Harnacke Supervisory Board
Stefanie Berlinger Supervisory Board
Ewout Van Jarwaarde Board of Directors
Dr. Kristin Neumann Board of Directors
Richard Ridinger Supervisory Board
Doreen Nowotne Supervisory Board
Dr. Andreas Rittstieg Supervisory Board