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Basf SE (XTER:BAS) Cyclically Adjusted FCF per Share : €3.96 (As of Mar. 2024)


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What is Basf 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.

Basf SE's adjusted free cash flow per share 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 the count will get our Cyclically Adjusted FCF per Share, which is €3.96 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Basf SE's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 3.40% 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 Basf SE was 21.90% per year. The lowest was -0.70% per year. And the median was 5.30% per year.

As of today (2024-04-27), Basf SE's current stock price is €48.825. Basf SE's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.96. Basf SE's Cyclically Adjusted Price-to-FCF of today is 12.33.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Basf SE was 31.92. The lowest was 10.17. And the median was 19.22.


Basf SE Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Basf 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.

Basf SE Cyclically Adjusted FCF per Share Chart

Basf 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 4.01 3.76 3.87 4.21 4.22

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 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 3.95 3.94 4.03 4.22 3.96

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

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 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, 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)
=-1.631/123.6675*123.6675
=-1.631

Current CPI (Mar. 2024) = 123.6675.

Basf SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.282 99.543 -0.350
201409 0.907 99.823 1.124
201412 0.342 99.543 0.425
201503 1.211 99.717 1.502
201506 1.291 100.417 1.590
201509 1.960 100.417 2.414
201512 -0.511 99.717 -0.634
201603 0.049 100.017 0.061
201606 1.432 100.717 1.758
201609 1.710 101.017 2.093
201612 0.698 101.217 0.853
201703 0.072 101.417 0.088
201706 2.282 102.117 2.764
201709 3.073 102.717 3.700
201712 -0.219 102.617 -0.264
201803 0.658 102.917 0.791
201806 1.525 104.017 1.813
201809 2.124 104.718 2.508
201812 0.094 104.217 0.112
201903 -0.401 104.217 -0.476
201906 1.051 105.718 1.229
201909 1.167 106.018 1.361
201912 2.142 105.818 2.503
202003 -1.741 105.718 -2.037
202006 1.658 106.618 1.923
202009 1.485 105.818 1.735
202012 1.084 105.518 1.270
202103 -1.068 107.518 -1.228
202106 1.926 108.486 2.196
202109 1.169 109.435 1.321
202112 2.000 110.384 2.241
202203 -0.978 113.968 -1.061
202206 0.372 115.760 0.397
202209 1.443 118.818 1.502
202212 2.884 119.345 2.988
202303 -2.109 122.402 -2.131
202306 1.014 123.140 1.018
202309 1.641 124.195 1.634
202312 2.470 123.668 2.470
202403 -1.631 123.668 -1.631

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


Basf SE  (XTER:BAS) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=48.825/3.96
=12.33

* 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 Basf SE was 31.92. The lowest was 10.17. And the median was 19.22.


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.


Basf SE Cyclically Adjusted FCF per Share Related Terms

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


Basf SE (XTER:BAS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Basf SE (XTER:BAS) » Definitions » Cyclically Adjusted FCF per Share
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.
Executives
Dr. Stephan Kothrade Board of Directors
Dr. Melanie Maas-brunner Board of Directors
Dr. Dirk Elvermann Board of Directors
Dr. Kurt Bock Supervisory Board
Prof. Dr. Stefan Asenkerschbaumer Supervisory Board
Dame Alison Carnwath Supervisory Board
Prof. Dr. Thomas Carell Supervisory Board
Alessandra Genco Supervisory Board
Liming Chen Supervisory Board
Dr. Markus Kamieth Board of Directors
Saori Dubourg Board of Directors
Sinischa Horvat Supervisory Board
Tatjana Diether Supervisory Board
Waldemar Helber Supervisory Board
Michael Heinz Board of Directors

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