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Ennis (EBF) Cyclically Adjusted FCF per Share : $2.50 (As of Feb. 2024)


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What is Ennis 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.

Ennis's adjusted free cash flow per share for the three months ended in Feb. 2024 was $0.638. 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 $2.50 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Ennis's average Cyclically Adjusted FCF Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 8.00% 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 Ennis was 27.20% per year. The lowest was -17.40% per year. And the median was 0.05% per year.

As of today (2024-04-30), Ennis's current stock price is $19.92. Ennis's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was $2.50. Ennis's Cyclically Adjusted Price-to-FCF of today is 7.97.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ennis was 21.26. The lowest was 7.29. And the median was 10.39.


Ennis Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ennis'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.

Ennis Cyclically Adjusted FCF per Share Chart

Ennis Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.82 2.05 2.29 2.35 2.50

Ennis Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.35 2.35 2.33 2.41 2.50

Competitive Comparison of Ennis's Cyclically Adjusted FCF per Share

For the Business Equipment & Supplies subindustry, Ennis'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.


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

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

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



Ennis 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, Ennis's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.638/129.4194*129.4194
=0.638

Current CPI (Feb. 2024) = 129.4194.

Ennis Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.501 100.373 0.646
201408 0.708 100.352 0.913
201411 0.519 99.635 0.674
201502 0.687 99.032 0.898
201505 1.126 100.333 1.452
201508 1.129 100.548 1.453
201511 0.648 100.135 0.838
201602 0.308 100.040 0.398
201605 0.566 101.355 0.723
201608 0.522 101.617 0.665
201611 0.487 101.829 0.619
201702 0.594 102.779 0.748
201705 0.457 103.256 0.573
201708 0.235 103.587 0.294
201711 0.557 104.072 0.693
201802 0.428 105.052 0.527
201805 0.421 106.148 0.513
201808 0.429 106.383 0.522
201811 0.427 106.338 0.520
201902 0.522 106.649 0.633
201905 0.571 108.048 0.684
201908 0.435 108.245 0.520
201911 0.596 108.519 0.711
202002 0.466 109.139 0.553
202005 0.528 108.175 0.632
202008 0.506 109.662 0.597
202011 0.438 109.793 0.516
202102 0.419 110.968 0.489
202105 0.428 113.576 0.488
202108 0.429 115.421 0.481
202111 0.298 117.269 0.329
202202 0.538 119.703 0.582
202205 0.511 123.323 0.536
202208 0.261 124.958 0.270
202211 0.413 125.607 0.426
202302 0.451 126.928 0.460
202305 0.755 128.314 0.762
202308 0.445 129.538 0.445
202311 0.629 129.548 0.628
202402 0.638 129.419 0.638

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


Ennis  (NYSE:EBF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=19.92/2.5
=7.97

* 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 Ennis was 21.26. The lowest was 7.29. And the median was 10.39.


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.


Ennis Cyclically Adjusted FCF per Share Related Terms

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


Ennis (EBF) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2441 Presidential Parkway, Midlothian, TX, USA, 76065
Ennis Inc is a manufacturer and supplier of print products for the wholesale trade. The company's products include advertising specialities, business forms and supplies, commercial printing, eCommerce solutions, envelopes, labels and tags, and folders and packaging.
Executives
Daniel Gus officer: General Counsel & Asst. Secy. 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Robert T Pennington officer: Chief Revenue Officer 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Boyne Wade Brewer officer: Chief Operating Officer 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Alejandro Quiroz director 18943 DE ENCLAVE, SAN ANTONIO TX 78258
Vera Burnett officer: Interim CFO 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Margaret A Walters director 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Barbara T Clemens director 12024 BEAUTYBRUSH, BEE CAVE TX 78738
Aaron Carter director 2502 GARRETT COURT, CEDAR HILL TX 75104
Michael D Magill officer: Exec VP and Treasurer 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Gary S Mozina director 27300 HIDDEN RIVER COURT, BONITA SPRINGS FL 34134
Troy L Priddy director 2206 SHANE DRIVE, MIDLOTHIAN TX 76065
John R Blind director 316 LAKE STILLWATER DRIVE, SAINT SIMONS ISLAND GA 31522
Kenneth G Pritchett director 4470 E. HIGHWAY 287, SUITE 800, MIDLOTHIAN TX 76065
Keith S Walters director, officer: Chairman, President and CEO 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065
Irshad Ahmad officer: VP-Chief Technology Officer ENNIS INC, 2441 PRESIDENTIAL PARKWAY, MIDLOTHIAN TX 76065

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