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Bystronic AG (XSWX:BYS) Cyclically Adjusted Price-to-FCF : 18.48 (As of Jun. 05, 2024)


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What is Bystronic AG Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), Bystronic AG's current share price is CHF419.50. Bystronic AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was CHF22.70. Bystronic AG's Cyclically Adjusted Price-to-FCF for today is 18.48.

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

XSWX:BYS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.8   Med: 26.5   Max: 53.2
Current: 19.49

During the past 13 years, Bystronic AG's highest Cyclically Adjusted Price-to-FCF was 53.20. The lowest was 16.80. And the median was 26.50.

XSWX:BYS's Cyclically Adjusted Price-to-FCF is ranked better than
71.77% of 1031 companies
in the Industrial Products industry
Industry Median: 32.99 vs XSWX:BYS: 19.49

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.

Bystronic AG's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was CHF18.740. 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 CHF22.70 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bystronic AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bystronic AG'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.

Bystronic AG Cyclically Adjusted Price-to-FCF Chart

Bystronic AG 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 43.54 42.75 45.27 25.11 20.99

Bystronic AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 45.27 - 25.11 - 20.99

Competitive Comparison of Bystronic AG's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Bystronic AG'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.


Bystronic AG's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bystronic AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Bystronic AG 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=419.50/22.7
=18.48

* 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.

Bystronic AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Bystronic AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=18.74/106.4612*106.4612
=18.740

Current CPI (Dec23) = 106.4612.

Bystronic AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 38.869 100.704 41.091
201512 32.222 99.386 34.516
201612 34.461 99.380 36.917
201712 27.479 100.213 29.192
201812 34.736 100.906 36.648
201912 14.659 101.063 15.442
202012 19.013 100.241 20.193
202112 13.308 101.776 13.921
202212 -19.285 104.666 -19.616
202312 18.740 106.461 18.740

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.


Bystronic AG  (XSWX:BYS) 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.


Bystronic AG Cyclically Adjusted Price-to-FCF Related Terms

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


Bystronic AG (XSWX:BYS) Business Description

Industry
Traded in Other Exchanges
Address
Giesshuebelstrasse 45, Zurich, CHE, CH-8045
Bystronic AG, formerly Conzzeta AG is a Switzerland-based company that operates in the area of sheet metal processing. The company focus on the automation of the complete material and data flow of the cutting and bending process chain. The intelligent connectivity of it's laser cutting systems and pressbrakes with automation, software, and service solutions is the key to comprehensive digitalization in the sheet metal industry. It's development and production locations are in Sulgen (Switzerland), Gotha (Germany), Cazzago San Martino and San Giuliano Milanese (Italy), Tianjin and Shenzhen (China), and Hoffman Estates (USA).

Bystronic AG (XSWX:BYS) Headlines

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