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Alimentation Couche-Tard (TSX:ATD.B) Cyclically Adjusted Price-to-FCF : (As of May. 14, 2024)


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What is Alimentation Couche-Tard Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alimentation Couche-Tard Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alimentation Couche-Tard'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.

Alimentation Couche-Tard Cyclically Adjusted Price-to-FCF Chart

Alimentation Couche-Tard Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.34 31.28 26.92 30.41 30.32

Alimentation Couche-Tard Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 28.67 30.32 28.11 31.34 32.21

Competitive Comparison of Alimentation Couche-Tard's Cyclically Adjusted Price-to-FCF

For the Specialty Retail subindustry, Alimentation Couche-Tard'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.


Alimentation Couche-Tard's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Alimentation Couche-Tard's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Alimentation Couche-Tard 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.

Alimentation Couche-Tard's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Alimentation Couche-Tard'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)
=0.457/125.4675*125.4675
=0.457

Current CPI (Jan. 2024) = 125.4675.

Alimentation Couche-Tard Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.133 98.920 0.169
201407 0.265 99.315 0.335
201410 0.419 99.473 0.528
201501 0.173 98.209 0.221
201504 0.231 99.710 0.291
201507 0.353 100.579 0.440
201510 0.488 100.500 0.609
201601 -0.146 100.184 -0.183
201604 0.408 101.370 0.505
201607 0.323 101.844 0.398
201610 0.382 102.002 0.470
201701 -0.027 102.318 -0.033
201704 0.407 103.029 0.496
201707 0.378 103.029 0.460
201710 0.267 103.424 0.324
201801 0.005 104.056 0.006
201804 0.461 105.320 0.549
201807 0.596 106.110 0.705
201810 0.531 105.952 0.629
201901 0.672 105.557 0.799
201904 0.466 107.453 0.544
201907 0.718 108.243 0.832
201910 0.680 107.927 0.791
202001 0.436 108.085 0.506
202004 0.927 107.216 1.085
202007 1.375 108.401 1.591
202010 0.720 108.638 0.832
202101 0.226 109.192 0.260
202104 1.100 110.851 1.245
202107 1.024 112.431 1.143
202110 0.678 113.695 0.748
202201 0.080 114.801 0.087
202204 0.858 118.357 0.910
202207 0.910 120.964 0.944
202210 1.081 121.517 1.116
202301 0.137 121.596 0.141
202304 1.045 123.571 1.061
202307 1.360 124.914 1.366
202310 0.664 125.310 0.665
202401 0.457 125.468 0.457

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.


Alimentation Couche-Tard  (TSX:ATD.B) 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.


Alimentation Couche-Tard Cyclically Adjusted Price-to-FCF Related Terms

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


Alimentation Couche-Tard (TSX:ATD.B) Business Description

Traded in Other Exchanges
Address
4204 Boulevard Industriel, Laval, QC, CAN, H7L 0E3
Alimentation Couche-Tard Inc operates a network of convenience stores across North America, Ireland, Scandinavia, Poland, the Baltics, and Russia. The company primarily generates income through the sale of tobacco products, groceries, beverages, fresh food, quick service restaurants, car wash services, other retail products and services, road transportation fuel, stationary energy, marine fuel, and chemicals. In addition, the company operates more stores under the Circle K banner in other countries such as China, Egypt, and Malaysia. Its operation is geographically divided into U.S., Europe, and Canada. Revenue from external customers fall mainly into three categories: merchandise and services, road transportation fuel, and other.

Alimentation Couche-Tard (TSX:ATD.B) Headlines

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