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Starbucks (UKEX:SBUX) Cyclically Adjusted Price-to-FCF : 28.38 (As of May. 24, 2024)


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What is Starbucks Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Starbucks's current share price is ₴3743.00. Starbucks's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₴131.88. Starbucks's Cyclically Adjusted Price-to-FCF for today is 28.38.

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

UKEX:SBUX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.7   Med: 53.2   Max: 103.06
Current: 24.34

During the past years, Starbucks's highest Cyclically Adjusted Price-to-FCF was 103.06. The lowest was 22.70. And the median was 53.20.

UKEX:SBUX's Cyclically Adjusted Price-to-FCF is ranked worse than
69.92% of 123 companies
in the Restaurants industry
Industry Median: 15.99 vs UKEX:SBUX: 24.34

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.

Starbucks's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₴-5.415. 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 ₴131.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Starbucks Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Starbucks'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.

Starbucks Cyclically Adjusted Price-to-FCF Chart

Starbucks Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.38 45.60 48.16 32.04 31.49

Starbucks Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 38.32 35.27 31.49 30.12 28.41

Competitive Comparison of Starbucks's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, Starbucks'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.


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

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

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



Starbucks 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3743.00/131.88
=28.38

* 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.

Starbucks's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Starbucks's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-5.415/131.7762*131.7762
=-5.415

Current CPI (Mar. 2024) = 131.7762.

Starbucks Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 14.313 100.560 18.756
201409 10.331 100.428 13.556
201412 30.006 99.070 39.912
201503 6.908 99.621 9.138
201506 11.694 100.684 15.305
201509 16.271 100.392 21.358
201512 34.838 99.792 46.004
201603 5.756 100.470 7.550
201606 19.542 101.688 25.324
201609 27.729 101.861 35.873
201612 33.381 101.863 43.184
201703 3.602 102.862 4.615
201706 21.459 103.349 27.361
201709 16.565 104.136 20.962
201712 39.319 104.011 49.815
201803 -0.368 105.290 -0.461
201806 20.383 106.317 25.264
201809 234.166 106.507 289.724
201812 62.397 105.998 77.572
201903 -0.764 107.251 -0.939
201906 24.110 108.070 29.399
201909 19.395 108.329 23.593
201912 48.612 108.420 59.084
202003 -58.678 108.902 -71.003
202006 -25.699 108.767 -31.135
202009 39.012 109.815 46.814
202012 51.307 109.897 61.522
202103 18.983 111.754 22.384
202106 47.770 114.631 54.915
202109 35.035 115.734 39.891
202112 49.627 117.630 55.595
202203 -10.203 121.301 -11.084
202206 29.351 125.017 30.938
202209 19.296 125.227 20.305
202212 37.492 125.222 39.454
202303 9.838 127.348 10.180
202306 37.374 128.729 38.259
202309 43.521 129.860 44.163
202312 62.949 129.419 64.095
202403 -5.415 131.776 -5.415

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.


Starbucks  (UKEX:SBUX) 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.


Starbucks Cyclically Adjusted Price-to-FCF Related Terms

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


Starbucks (UKEX:SBUX) Business Description

Industry
Address
2401 Utah Avenue South, Seattle, WA, USA, 98134
Starbucks is one of the most widely recognized restaurant brands in the world, operating more than 38,000 stores across more than 80 countries as of the end of fiscal 2023. The firm operates in three segments: North America, international markets, and channel development (grocery and ready-to-drink beverage). The coffee chain generates revenue from company-operated stores, royalties, sales of equipment and products to license partners, ready-to-drink beverages, packaged coffee sales, and single-serve products.

Starbucks (UKEX:SBUX) Headlines