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Greif (FRA:GR3) Cyclically Adjusted FCF per Share : €4.16 (As of Jan. 2024)


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What is Greif 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.

Greif's adjusted free cash flow per share for the three months ended in Jan. 2024 was €-0.843. 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 €4.16 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Greif's average Cyclically Adjusted FCF Growth Rate was 15.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 7.80% 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 Greif was 19.00% per year. The lowest was -5.60% per year. And the median was 6.10% per year.

As of today (2024-06-06), Greif's current stock price is €57.50. Greif's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was €4.16. Greif's Cyclically Adjusted Price-to-FCF of today is 13.82.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Greif was 34.80. The lowest was 10.91. And the median was 18.99.


Greif Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Greif'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.

Greif Cyclically Adjusted FCF per Share Chart

Greif Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 2.33 2.85 3.90 4.10

Greif Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.50 3.73 3.89 4.10 4.16

Competitive Comparison of Greif's Cyclically Adjusted FCF per Share

For the Packaging & Containers subindustry, Greif'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.


Greif's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Greif's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.843/130.1244*130.1244
=-0.843

Current CPI (Jan. 2024) = 130.1244.

Greif Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.630 100.023 0.820
201407 0.268 100.520 0.347
201410 1.342 100.176 1.743
201501 -1.823 98.604 -2.406
201504 0.044 99.824 0.057
201507 0.752 100.691 0.972
201510 1.590 100.346 2.062
201601 -0.876 99.957 -1.140
201604 0.924 100.947 1.191
201607 1.104 101.524 1.415
201610 1.728 101.988 2.205
201701 -1.137 102.456 -1.444
201704 0.601 103.167 0.758
201707 0.919 103.278 1.158
201710 2.402 104.070 3.003
201801 -1.174 104.578 -1.461
201804 0.382 105.708 0.470
201807 0.202 106.324 0.247
201810 2.156 106.695 2.629
201901 -0.549 106.200 -0.673
201904 0.348 107.818 0.420
201907 1.497 108.250 1.800
201910 2.148 108.577 2.574
202001 -0.297 108.841 -0.355
202004 1.095 108.173 1.317
202007 1.469 109.318 1.749
202010 2.378 109.861 2.817
202101 -0.233 110.364 -0.275
202104 1.688 112.673 1.949
202107 0.758 115.183 0.856
202110 1.322 116.696 1.474
202201 -0.398 118.619 -0.437
202204 1.678 121.978 1.790
202207 2.845 125.002 2.962
202210 3.778 125.734 3.910
202301 -0.297 126.223 -0.306
202304 2.624 127.992 2.668
202307 2.428 128.974 2.450
202310 2.035 129.810 2.040
202401 -0.843 130.124 -0.843

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


Greif  (FRA:GR3) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=57.50/4.16
=13.82

* 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 Greif was 34.80. The lowest was 10.91. And the median was 18.99.


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.


Greif Cyclically Adjusted FCF per Share Related Terms

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


Greif (FRA:GR3) Business Description

Industry
Traded in Other Exchanges
Address
425 Winter Road, Delaware, OH, USA, 43015
Greif Inc is a producer of industrial packaging products and services with manufacturing facilities located in many countries. It offers a comprehensive line of rigid industrial packaging products, such as steel, fiber, and plastic drums, rigid intermediate bulk containers, closure systems for industrial packaging products, transit protection products, water bottles and remanufactured and reconditioned industrial containers, and services, such as container life cycle management, blending, filling, logistics, warehousing, and other packaging services. The company operates in three reportable business segments including Global Industrial Packaging, Paper Packaging and Services, and Land Management. It operates in North and Latin America, Europe, Middle East, Africa and Asia Pacific regions.

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