GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Belden Inc (FRA:QCTA) » Definitions » Cyclically Adjusted Price-to-FCF

Belden (FRA:QCTA) Cyclically Adjusted Price-to-FCF : 18.98 (As of Jun. 03, 2024)


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

What is Belden Cyclically Adjusted Price-to-FCF?

As of today (2024-06-03), Belden's current share price is €87.50. Belden's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.61. Belden's Cyclically Adjusted Price-to-FCF for today is 18.98.

The historical rank and industry rank for Belden's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:QCTA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.36   Med: 18.46   Max: 38.7
Current: 19.16

During the past years, Belden's highest Cyclically Adjusted Price-to-FCF was 38.70. The lowest was 7.36. And the median was 18.46.

FRA:QCTA's Cyclically Adjusted Price-to-FCF is ranked better than
67.43% of 964 companies
in the Hardware industry
Industry Median: 30.455 vs FRA:QCTA: 19.16

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.

Belden's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.477. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €4.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Belden Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Belden's Cyclically Adjusted Price-to-FCF 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.

Belden Cyclically Adjusted Price-to-FCF Chart

Belden Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.15 10.69 15.60 15.61 15.88

Belden Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 18.07 19.56 19.52 15.88 18.54

Competitive Comparison of Belden's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Belden'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.


Belden's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Belden Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Belden's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=87.50/4.61
=18.98

* 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.

Belden's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Belden'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)
=-0.477/131.7762*131.7762
=-0.477

Current CPI (Mar. 2024) = 131.7762.

Belden Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.338 100.560 0.443
201409 0.780 100.428 1.023
201412 2.269 99.070 3.018
201503 -1.383 99.621 -1.829
201506 0.855 100.684 1.119
201509 1.558 100.392 2.045
201512 2.889 99.792 3.815
201603 -0.017 100.470 -0.022
201606 0.759 101.688 0.984
201609 1.586 101.861 2.052
201612 3.324 101.863 4.300
201703 -0.497 102.862 -0.637
201706 0.732 103.349 0.933
201709 1.144 104.136 1.448
201712 2.398 104.011 3.038
201803 -1.943 105.290 -2.432
201806 0.646 106.317 0.801
201809 1.910 106.507 2.363
201812 3.382 105.998 4.204
201903 -1.554 107.251 -1.909
201906 0.906 108.070 1.105
201909 0.907 108.329 1.103
201912 2.978 108.420 3.620
202003 -1.451 108.902 -1.756
202006 0.380 108.767 0.460
202009 0.679 109.815 0.815
202012 1.856 109.897 2.226
202103 -0.983 111.754 -1.159
202106 0.823 114.631 0.946
202109 0.946 115.734 1.077
202112 2.608 117.630 2.922
202203 -1.373 121.301 -1.492
202206 0.620 125.017 0.654
202209 1.562 125.227 1.644
202212 3.188 125.222 3.355
202303 -0.978 127.348 -1.012
202306 1.450 128.729 1.484
202309 1.674 129.860 1.699
202312 2.285 129.419 2.327
202403 -0.477 131.776 -0.477

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


Belden  (FRA:QCTA) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Belden Cyclically Adjusted Price-to-FCF Related Terms

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


Belden (FRA:QCTA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Belden Inc (FRA:QCTA) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
1 North Brentwood Boulevard, 15th Floor, St. Louis, MO, USA, 63105
Belden Inc provides signal transmission products to distributors, end-users, installers, and original equipment manufacturers. The firm operates in two segments - Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment is a provider in network infrastructure solutions, as well as cabling and connectivity solutions for commercial audio/video and security applications. The Industrial Solutions segment is a provider of high-performance networking components and machine connectivity products.

Belden (FRA:QCTA) Headlines

No Headlines