GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Basf SE (WBO:BAS) » Definitions » Cyclically Adjusted Price-to-FCF

Basf SE (WBO:BAS) Cyclically Adjusted Price-to-FCF : 12.25 (As of May. 17, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Basf SE Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), Basf SE's current share price is €48.995. Basf SE's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.00. Basf SE's Cyclically Adjusted Price-to-FCF for today is 12.25.

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

WBO:BAS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.17   Med: 18.78   Max: 31.92
Current: 12.26

During the past years, Basf SE's highest Cyclically Adjusted Price-to-FCF was 31.92. The lowest was 10.17. And the median was 18.78.

WBO:BAS's Cyclically Adjusted Price-to-FCF is ranked better than
75.83% of 575 companies
in the Chemicals industry
Industry Median: 25.01 vs WBO:BAS: 12.26

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.

Basf SE's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-1.631. 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 €4.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Basf SE Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Basf SE'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.

Basf SE Cyclically Adjusted Price-to-FCF Chart

Basf SE 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 16.80 17.20 15.94 11.01 11.54

Basf 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 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 12.25 11.28 10.65 11.54 13.22

Competitive Comparison of Basf SE's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Basf 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.


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

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

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



Basf SE 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=48.995/4
=12.25

* 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.

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

For example, Basf 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)
=-1.631/125.0381*125.0381
=-1.631

Current CPI (Mar. 2024) = 125.0381.

Basf SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.282 99.543 -0.354
201409 0.907 99.823 1.136
201412 0.342 99.543 0.430
201503 1.211 99.717 1.519
201506 1.291 100.417 1.608
201509 1.960 100.417 2.441
201512 -0.511 99.717 -0.641
201603 0.049 100.017 0.061
201606 1.432 100.717 1.778
201609 1.710 101.017 2.117
201612 0.698 101.217 0.862
201703 0.072 101.417 0.089
201706 2.282 102.117 2.794
201709 3.073 102.717 3.741
201712 -0.219 102.617 -0.267
201803 0.658 102.917 0.799
201806 1.525 104.017 1.833
201809 2.124 104.718 2.536
201812 0.094 104.217 0.113
201903 -0.401 104.217 -0.481
201906 1.051 105.718 1.243
201909 1.167 106.018 1.376
201912 2.142 105.818 2.531
202003 -1.741 105.718 -2.059
202006 1.658 106.618 1.944
202009 1.485 105.818 1.755
202012 1.084 105.518 1.285
202103 -1.068 107.518 -1.242
202106 1.926 108.486 2.220
202109 1.169 109.435 1.336
202112 2.000 110.384 2.266
202203 -0.978 113.968 -1.073
202206 0.372 115.760 0.402
202209 1.443 118.818 1.519
202212 2.884 119.345 3.022
202303 -2.109 122.402 -2.154
202306 1.014 123.140 1.030
202309 1.641 124.195 1.652
202312 2.470 123.773 2.495
202403 -1.631 125.038 -1.631

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.


Basf SE  (WBO:BAS) 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.


Basf SE Cyclically Adjusted Price-to-FCF Related Terms

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


Basf SE (WBO:BAS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Basf SE (WBO:BAS) » Definitions » Cyclically Adjusted Price-to-FCF
Address
Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, DEU, 67056
Founded in 1865 and based in Germany, BASF is the world's largest chemical company, with products spanning the full spectrum of commodities to specialties. In addition, the company is a strong player in agricultural crop protection chemicals and emissions control catalysts for cars and trucks. Given its sheer size, BASF has a top-three market position in approximately 70% of its businesses.

Basf SE (WBO:BAS) Headlines

No Headlines