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Shepherd Neame (AQSE:SHEP) Cyclically Adjusted Price-to-FCF : 13.48 (As of May. 24, 2024)


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What is Shepherd Neame Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Shepherd Neame's current share price is £6.875. Shepherd Neame's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was £0.51. Shepherd Neame's Cyclically Adjusted Price-to-FCF for today is 13.48.

The historical rank and industry rank for Shepherd Neame's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

AQSE:SHEP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.42   Med: 28.33   Max: 59.41
Current: 13.42

During the past 13 years, Shepherd Neame's highest Cyclically Adjusted Price-to-FCF was 59.41. The lowest was 13.42. And the median was 28.33.

AQSE:SHEP's Cyclically Adjusted Price-to-FCF is ranked better than
60.98% of 123 companies
in the Restaurants industry
Industry Median: 15.99 vs AQSE:SHEP: 13.42

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.

Shepherd Neame's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was £0.670. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is £0.51 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shepherd Neame Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shepherd Neame's Cyclically Adjusted Price-to-FCF 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.

Shepherd Neame Cyclically Adjusted Price-to-FCF Chart

Shepherd Neame Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 40.38 58.40 20.16 13.32

Shepherd Neame Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted Price-to-FCF 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 - 20.16 - 13.32 -

Competitive Comparison of Shepherd Neame's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, Shepherd Neame'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.


Shepherd Neame's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Shepherd Neame's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Shepherd Neame Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Shepherd Neame's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.875/0.51
=13.48

* 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.

Shepherd Neame's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Shepherd Neame's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.67/129.4000*129.4000
=0.670

Current CPI (Jun23) = 129.4000.

Shepherd Neame Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.579 99.800 0.751
201506 0.552 100.100 0.714
201606 0.329 101.000 0.422
201706 -0.241 103.500 -0.301
201806 0.529 105.900 0.646
201906 0.592 107.900 0.710
202006 0.467 108.800 0.555
202106 -0.139 111.400 -0.161
202206 1.058 120.500 1.136
202306 0.670 129.400 0.670

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


Shepherd Neame  (AQSE:SHEP) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Shepherd Neame Cyclically Adjusted Price-to-FCF Related Terms

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


Shepherd Neame (AQSE:SHEP) Business Description

Traded in Other Exchanges
Address
17 Court Street, Faversham, Kent, GBR, ME13 7AX
Shepherd Neame Ltd is engaged in the brewing and packaging of beer, wholesaling and retailing of beer, cider, wines, spirits and minerals, property ownership and public house, and providing hotel management services. Its operating segments include Brewing and Brands, Retail Pubs, and Tenanted Pubs. The company's brands include Master Brew, Whitstable Bay, Queen Court, India Pale Ale, Samuel Adams, Asahi and Bishops Finger. It generates maximum revenue from the Managed Pubs segment. Geographically, it derives a majority of revenue from the United Kingdom.

Shepherd Neame (AQSE:SHEP) Headlines

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