GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Suntory Beverage & Food Ltd (TSE:2587) » Definitions » Cyclically Adjusted FCF per Share

Suntory Beverage & Food (TSE:2587) Cyclically Adjusted FCF per Share : 円312.66 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Suntory Beverage & Food 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.

Suntory Beverage & Food's adjusted free cash flow per share for the three months ended in Dec. 2023 was 円109.528. 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 円312.66 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Suntory Beverage & Food's average Cyclically Adjusted FCF Growth Rate was -0.40% 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.

As of today (2024-05-05), Suntory Beverage & Food's current stock price is 円5132.00. Suntory Beverage & Food's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was 円312.66. Suntory Beverage & Food's Cyclically Adjusted Price-to-FCF of today is 16.41.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Suntory Beverage & Food was 18.17. The lowest was 13.62. And the median was 15.51.


Suntory Beverage & Food Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Suntory Beverage & Food'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.

Suntory Beverage & Food Cyclically Adjusted FCF per Share Chart

Suntory Beverage & Food 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 - - - 313.81 312.66

Suntory Beverage & Food Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 313.81 301.01 298.16 306.29 312.66

Competitive Comparison of Suntory Beverage & Food's Cyclically Adjusted FCF per Share

For the Beverages - Brewers subindustry, Suntory Beverage & Food'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.


Suntory Beverage & Food's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Suntory Beverage & Food's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Suntory Beverage & Food's Cyclically Adjusted Price-to-FCF falls into.



Suntory Beverage & Food 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, Suntory Beverage & Food's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=109.528/106.8000*106.8000
=109.528

Current CPI (Dec. 2023) = 106.8000.

Suntory Beverage & Food Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.000 95.700 0.000
201406 0.000 98.000 0.000
201409 0.000 98.500 0.000
201412 0.000 97.900 0.000
201503 0.000 97.900 0.000
201506 0.000 98.400 0.000
201509 0.000 98.500 0.000
201512 0.000 98.100 0.000
201603 0.000 97.900 0.000
201606 0.000 98.100 0.000
201609 0.000 98.000 0.000
201612 0.000 98.400 0.000
201703 16.628 98.100 18.103
201706 97.314 98.500 105.514
201709 84.450 98.800 91.288
201712 106.379 99.400 114.299
201803 -62.812 99.200 -67.624
201806 107.544 99.200 115.783
201809 97.654 99.900 104.399
201812 147.016 99.700 157.486
201903 -32.828 99.700 -35.166
201906 104.230 99.800 111.541
201909 186.883 100.100 199.392
201912 103.466 100.500 109.952
202003 -8.832 100.300 -9.404
202006 50.123 99.900 53.585
202009 136.227 99.900 145.636
202012 53.984 99.300 58.061
202103 75.799 99.900 81.034
202106 139.392 99.500 149.619
202109 106.288 100.100 113.402
202112 8.806 100.100 9.395
202203 59.854 101.100 63.229
202206 113.136 101.800 118.693
202209 119.706 103.100 124.002
202212 -0.524 104.100 -0.538
202303 -6.939 104.400 -7.099
202306 42.262 105.200 42.905
202309 110.994 106.200 111.621
202312 109.528 106.800 109.528

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


Suntory Beverage & Food  (TSE:2587) 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.

Suntory Beverage & Food's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5132.00/312.66
=16.41

* 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 12 years, the highest Cyclically Adjusted Price-to-FCF of Suntory Beverage & Food was 18.17. The lowest was 13.62. And the median was 15.51.


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.


Suntory Beverage & Food Cyclically Adjusted FCF per Share Related Terms

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


Suntory Beverage & Food (TSE:2587) Business Description

Traded in Other Exchanges
Address
3-1-1 Kyobashi, Tokyo Square Garden, Chuo-ku, Tokyo, JPN, 104-0031
Suntory Beverage & Food Ltd primarily sells nonalcoholic beverages throughout the world. Most of the company's sales are in Japan, where its biggest products include Tennensui and Green Dakara bottled waters; Boss canned coffee; Pepsi, Orangina, and C.C. Lemon carbonated soft drinks; Suntory Oolong and Iyemon teas; Natchan juices; and Dekavita energy drinks. Other significant markets include France, the United Kingdom, Spain, Vietnam, Indonesia, Thailand, Malaysia, New Zealand, and the United States. Core brands outside France include Lucozade, Orangina, Oasis, Schweppes, Ribena, Pepsi, Ovi, and Brand's Essence of Chicken.

Suntory Beverage & Food (TSE:2587) Headlines

No Headlines