GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bang & Olufsen A/S (OCSE:BO) » Definitions » Cyclically Adjusted Price-to-FCF

Bang & Olufsen A/S (OCSE:BO) Cyclically Adjusted Price-to-FCF : (As of Jun. 03, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Bang & Olufsen A/S Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bang & Olufsen A/S Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bang & Olufsen A/S'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.

Bang & Olufsen A/S Cyclically Adjusted Price-to-FCF Chart

Bang & Olufsen A/S Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Bang & Olufsen A/S Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - - -

Competitive Comparison of Bang & Olufsen A/S's Cyclically Adjusted Price-to-FCF

For the Consumer Electronics subindustry, Bang & Olufsen A/S'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.


Bang & Olufsen A/S's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bang & Olufsen A/S's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Bang & Olufsen A/S's Cyclically Adjusted Price-to-FCF falls into.



Bang & Olufsen A/S 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.

Bang & Olufsen A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Bang & Olufsen A/S'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)
=0.033/118.4000*118.4000
=0.033

Current CPI (Feb. 2024) = 118.4000.

Bang & Olufsen A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -0.341 99.700 -0.405
201408 -2.675 99.400 -3.186
201411 -0.505 99.600 -0.600
201502 0.260 99.800 0.308
201505 0.295 100.400 0.348
201508 -1.739 100.000 -2.059
201511 0.505 99.900 0.599
201602 -0.617 100.100 -0.730
201605 -0.482 100.500 -0.568
201608 -0.365 100.200 -0.431
201611 0.393 100.300 0.464
201702 1.413 101.100 1.655
201705 0.102 101.300 0.119
201708 -1.676 101.700 -1.951
201711 0.444 101.600 0.517
201802 0.350 101.700 0.407
201805 1.343 102.400 1.553
201808 -1.182 102.700 -1.363
201811 -0.913 102.400 -1.056
201902 -0.178 102.800 -0.205
201905 -0.863 103.100 -0.991
201908 -2.298 103.100 -2.639
201911 0.425 103.100 0.488
202002 0.415 103.600 0.474
202005 -1.168 103.100 -1.341
202008 -0.522 103.600 -0.597
202011 1.133 103.600 1.295
202102 0.062 104.200 0.070
202105 0.252 104.900 0.284
202108 0.174 105.500 0.195
202111 0.110 107.100 0.122
202202 -0.125 109.200 -0.136
202205 -1.590 112.700 -1.670
202208 -0.688 114.900 -0.709
202211 0.008 116.600 0.008
202302 0.282 117.500 0.284
202305 0.261 116.000 0.266
202308 -0.509 117.700 -0.512
202311 0.190 117.300 0.192
202402 0.033 118.400 0.033

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.


Bang & Olufsen A/S  (OCSE:BO) 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.


Bang & Olufsen A/S Cyclically Adjusted Price-to-FCF Related Terms

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


Bang & Olufsen A/S (OCSE:BO) Business Description

Industry
Traded in Other Exchanges
Address
Bang og Olufsen Alle 1, Struer, DNK, DK-7600
Bang & Olufsen A/S designs, develops, and markets audio and video products including music systems, loudspeakers, television sets, and multimedia products. Geographically, it derives a majority of its revenue from Europe, the Middle East, and Africa (EMEA) and also has a presence in the Americas and Asia. It generates maximum revenue from the Staged product category followed by On-the-go; Flexible Living Brand Partnering and other activities.

Bang & Olufsen A/S (OCSE:BO) Headlines

No Headlines