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Watt's (XSGO:WATTS) Cyclically Adjusted FCF per Share : CLP65.42 (As of Dec. 2023)


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What is Watt's 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.

Watt's's adjusted free cash flow per share for the three months ended in Dec. 2023 was CLP10.388. 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 CLP65.42 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Watt's's average Cyclically Adjusted FCF Growth Rate was 18.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.20% 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 Watt's was 10.20% per year. The lowest was 10.20% per year. And the median was 10.20% per year.

As of today (2024-05-28), Watt's's current stock price is CLP796.92. Watt's's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was CLP65.42. Watt's's Cyclically Adjusted Price-to-FCF of today is 12.18.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Watt's was 21.62. The lowest was 7.99. And the median was 10.93.


Watt's Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Watt's'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.

Watt's Cyclically Adjusted FCF per Share Chart

Watt's 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 - 48.88 45.94 55.06 65.42

Watt's 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 55.06 55.90 61.36 70.05 65.42

Competitive Comparison of Watt's's Cyclically Adjusted FCF per Share

For the Packaged Foods subindustry, Watt's'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.


Watt's's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Watt's's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Watt's 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, Watt's'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)
=10.388/146.1089*146.1089
=10.388

Current CPI (Dec. 2023) = 146.1089.

Watt's Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -11.887 94.584 -18.362
201406 5.312 95.543 8.123
201409 31.155 96.883 46.985
201412 18.567 97.515 27.819
201503 -21.061 98.539 -31.228
201506 37.812 99.770 55.374
201509 51.890 101.383 74.782
201512 4.346 101.775 6.239
201603 -27.551 102.930 -39.109
201606 8.210 103.965 11.538
201609 61.845 104.521 86.453
201612 24.609 104.532 34.397
201703 -69.042 105.752 -95.390
201706 4.168 105.730 5.760
201709 16.606 106.035 22.882
201712 7.385 106.907 10.093
201803 -48.794 107.670 -66.214
201806 2.880 108.421 3.881
201809 37.636 109.369 50.279
201812 39.472 109.653 52.595
201903 -20.608 110.339 -27.289
201906 17.004 111.352 22.312
201909 41.769 111.821 54.577
201912 23.323 112.943 30.172
202003 -22.706 114.468 -28.982
202006 14.458 114.283 18.484
202009 68.791 115.275 87.192
202012 9.884 116.299 12.418
202103 -17.688 117.770 -21.944
202106 19.122 118.630 23.551
202109 15.410 121.431 18.542
202112 -29.240 124.634 -34.278
202203 -32.477 128.850 -36.827
202206 30.393 133.448 33.276
202209 36.761 138.101 38.893
202212 27.587 140.574 28.673
202303 -7.483 143.145 -7.638
202306 67.736 143.538 68.949
202309 116.135 145.172 116.885
202312 10.388 146.109 10.388

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


Watt's  (XSGO:WATTS) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=796.92/65.42
=12.18

* 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 Watt's was 21.62. The lowest was 7.99. And the median was 10.93.


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.


Watt's Cyclically Adjusted FCF per Share Related Terms

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


Watt's (XSGO:WATTS) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Presidente Jorge Alessandri 10501, San Bernardo, CHL, 8060052
Watt's SA manufactures and sells food products. Its product portfolio consists of dairy products, pasta and sauces, juices and nectars, jams and sweets, preserves, wines, oils and dressings, desserts, and collations. Its brand portfolio includes Watt´s, Loncoleche, Calo, Chef, Belmont, Sureña, IceFrut and Yogu-Yogu, amongst others.

Watt's (XSGO:WATTS) Headlines

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