Stock Analysis on Net

Bed Bath & Beyond Inc. (NASDAQ:BBBY)

This company has been moved to the archive! The financial data has not been updated since September 30, 2022.

Price to FCFE (P/FCFE) 

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Free Cash Flow to Equity (FCFE)

Bed Bath & Beyond Inc., FCFE calculation

US$ in thousands

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12 months ended: Feb 26, 2022 Feb 27, 2021 Feb 29, 2020 Mar 2, 2019 Mar 3, 2018 Feb 25, 2017
Net earnings (loss) (559,623) (150,773) (613,816) (137,224) 424,858 685,108
Net noncash charges 501,228 572,216 775,781 772,239 558,899 385,188
(Increase) decrease in assets 335,014 (320,706) 501,792 462,609 (102,971) (90,217)
Increase (decrease) in liabilities (258,765) 167,371 (72,816) (179,346) (21,097) 61,709
Net cash provided by operating activities 17,854 268,108 590,941 918,278 859,689 1,041,788
Capital expenditures (354,185) (183,077) (277,401) (325,366) (375,793) (373,574)
Borrowing of long-term debt 236,400
Repayments of long-term debt (11,360) (457,827) (4,224)
Repayments of finance leases (1,033)
Free cash flow to equity (FCFE) (348,724) (136,396) 313,540 588,688 483,896 668,214

Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).

Item Description The company
FCFE Free cash flow to equity is the cash flow available to Bed Bath & Beyond Inc. equity holders after all operating expenses, interest, and principal payments have been paid and necessary investments in working and fixed capital have been made. Bed Bath & Beyond Inc. FCFE decreased from 2020 to 2021 and from 2021 to 2022.

Price to FCFE Ratio, Current

Bed Bath & Beyond Inc., current P/FCFE calculation, comparison to benchmarks

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No. shares of common stock outstanding 80,362,695
Selected Financial Data (US$)
Free cash flow to equity (FCFE) (in thousands) (348,724)
FCFE per share -4.34
Current share price (P) 6.09
Valuation Ratio
P/FCFE
Benchmarks
P/FCFE, Competitors1
Amazon.com Inc. 100.60
Home Depot Inc. 21.28
Lowe’s Cos. Inc. 18.52
TJX Cos. Inc. 35.22
P/FCFE, Sector
Consumer Discretionary Distribution & Retail 90.70
P/FCFE, Industry
Consumer Discretionary 56.91

Based on: 10-K (reporting date: 2022-02-26).

1 Click competitor name to see calculations.

If the company P/FCFE is lower then the P/FCFE of benchmark then company is relatively undervalued.
Otherwise, if the company P/FCFE is higher then the P/FCFE of benchmark then company is relatively overvalued.


Price to FCFE Ratio, Historical

Bed Bath & Beyond Inc., historical P/FCFE calculation, comparison to benchmarks

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Feb 26, 2022 Feb 27, 2021 Feb 29, 2020 Mar 2, 2019 Mar 3, 2018 Feb 25, 2017
No. shares of common stock outstanding1 79,845,789 109,122,398 126,553,062 132,089,269 140,311,297 145,153,735
Selected Financial Data (US$)
Free cash flow to equity (FCFE) (in thousands)2 (348,724) (136,396) 313,540 588,688 483,896 668,214
FCFE per share3 -4.37 -1.25 2.48 4.46 3.45 4.60
Share price1, 4 16.34 26.42 6.59 16.71 17.50 39.36
Valuation Ratio
P/FCFE5 2.66 3.75 5.07 8.55
Benchmarks
P/FCFE, Competitors6
Amazon.com Inc. 240.95 55.66 63.35
Home Depot Inc. 19.87 15.41 14.99 16.61
Lowe’s Cos. Inc. 13.55 12.28 8.69 20.45
TJX Cos. Inc. 10.55 19.71 21.79
P/FCFE, Sector
Consumer Discretionary Distribution & Retail 51.89 59.10 38.09 38.19
P/FCFE, Industry
Consumer Discretionary 36.19 82.92 32.04 28.99

Based on: 10-K (reporting date: 2022-02-26), 10-K (reporting date: 2021-02-27), 10-K (reporting date: 2020-02-29), 10-K (reporting date: 2019-03-02), 10-K (reporting date: 2018-03-03), 10-K (reporting date: 2017-02-25).

1 Data adjusted for splits and stock dividends.

2 See details »

3 2022 Calculation
FCFE per share = FCFE ÷ No. shares of common stock outstanding
= -348,724,000 ÷ 79,845,789 = -4.37

4 Closing price as at the filing date of Bed Bath & Beyond Inc. Annual Report.

5 2022 Calculation
P/FCFE = Share price ÷ FCFE per share
= 16.34 ÷ -4.37 =

6 Click competitor name to see calculations.