Enterprise Value to FCFF (EV/FCFF)
Free Cash Flow to The Firm (FCFF)
Builders FirstSource Inc., FCFF calculation
US$ in thousands
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
| Item | Description | The company |
|---|---|---|
| FCFF | Free cash flow to the firm is the cash flow available to the Builders FirstSource Inc. suppliers of capital after all operating expenses have been paid and necessary investments in working and fixed capital have been made. | Builders FirstSource Inc. FCFF increased from 2020 to 2021 and from 2021 to 2022. |
Interest Paid, Net of Tax
Builders FirstSource Inc., interest paid, net of tax calculation
US$ in thousands
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
2 2022 Calculation
Cash paid for interest, tax = Cash paid for interest × EITR
= 169,390 × 23.00% = 38,960
Enterprise Value to FCFF Ratio, Current
Builders FirstSource Inc., current EV/FCFF calculation, comparison to benchmarks
| Selected Financial Data (US$ in thousands) | |
| Enterprise value (EV) | 17,393,298) |
| Free cash flow to the firm (FCFF) | 3,400,196) |
| Valuation Ratio | |
| EV/FCFF | 5.12 |
| Benchmarks | |
| EV/FCFF, Competitors1 | |
| Boeing Co. | 23.27 |
| Caterpillar Inc. | 17.22 |
| Eaton Corp. plc | 43.71 |
| General Electric Co. | 34.84 |
| Honeywell International Inc. | 30.27 |
| Lockheed Martin Corp. | 18.43 |
| RTX Corp. | 26.25 |
| EV/FCFF, Sector | |
| Capital Goods | 30.60 |
| EV/FCFF, Industry | |
| Industrials | 28.46 |
Based on: 10-K (reporting date: 2022-12-31).
1 Click competitor name to see calculations.
If the company EV/FCFF is lower then the EV/FCFF of benchmark then company is relatively undervalued.
Otherwise, if the company EV/FCFF is higher then the EV/FCFF of benchmark then company is relatively overvalued.
Enterprise Value to FCFF Ratio, Historical
Builders FirstSource Inc., historical EV/FCFF calculation, comparison to benchmarks
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Enterprise value (EV)1 | 14,604,435) | 15,800,413) | 10,132,733) | 4,376,694) | 3,169,662) | |
| Free cash flow to the firm (FCFF)2 | 3,400,196) | 1,610,085) | 241,426) | 476,399) | 270,907) | |
| Valuation Ratio | ||||||
| EV/FCFF3 | 4.30 | 9.81 | 41.97 | 9.19 | 11.70 | |
| Benchmarks | ||||||
| EV/FCFF, Competitors4 | ||||||
| Boeing Co. | 37.53 | — | — | — | — | |
| Caterpillar Inc. | 23.54 | 20.50 | 23.83 | 16.84 | — | |
| Eaton Corp. plc | 33.44 | 38.16 | 21.94 | 15.50 | — | |
| General Electric Co. | 17.29 | 56.53 | 32.34 | 15.85 | — | |
| Honeywell International Inc. | 29.82 | 25.22 | 26.49 | 21.13 | — | |
| Lockheed Martin Corp. | 19.69 | 13.92 | 14.64 | 21.21 | — | |
| RTX Corp. | 28.45 | 27.29 | 35.26 | 21.94 | — | |
| EV/FCFF, Sector | ||||||
| Capital Goods | 25.87 | 32.16 | 74.97 | 24.73 | — | |
| EV/FCFF, Industry | ||||||
| Industrials | 24.29 | 28.77 | 189.30 | 30.14 | — | |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
3 2022 Calculation
EV/FCFF = EV ÷ FCFF
= 14,604,435 ÷ 3,400,196 = 4.30
4 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| EV/FCFF | Enterprise value to free cash flow to the firm is whole company valuation indicator. | Builders FirstSource Inc. EV/FCFF ratio decreased from 2020 to 2021 and from 2021 to 2022. |