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Cascades (Cascades) Cyclically Adjusted FCF per Share : $0.53 (As of Dec. 2023)


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What is Cascades 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.

Cascades's adjusted free cash flow per share for the three months ended in Dec. 2023 was $1.423. 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 $0.53 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cascades's average Cyclically Adjusted FCF Growth Rate was 9.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -9.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -3.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Cascades was 32.60% per year. The lowest was -25.30% per year. And the median was 7.25% per year.

As of today (2024-04-29), Cascades's current stock price is $6.73. Cascades's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.53. Cascades's Cyclically Adjusted Price-to-FCF of today is 12.70.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Cascades was 26.61. The lowest was 10.25. And the median was 15.34.


Cascades Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cascades'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.

Cascades Cyclically Adjusted FCF per Share Chart

Cascades 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 0.63 0.73 0.74 0.46 0.53

Cascades 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 0.46 0.42 0.45 0.43 0.53

Competitive Comparison of Cascades's Cyclically Adjusted FCF per Share

For the Packaging & Containers subindustry, Cascades'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.


Cascades's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Cascades's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Cascades 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, Cascades'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)
=1.423/125.4675*125.4675
=1.423

Current CPI (Dec. 2023) = 125.4675.

Cascades Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.443 98.604 -0.564
201406 -0.097 99.473 -0.122
201409 0.457 99.394 0.577
201412 0.553 98.367 0.705
201503 -0.223 99.789 -0.280
201506 0.000 100.500 0.000
201509 0.438 100.421 0.547
201512 0.691 99.947 0.867
201603 -0.264 101.054 -0.328
201606 0.273 102.002 0.336
201609 0.529 101.765 0.652
201612 0.935 101.449 1.156
201703 -0.553 102.634 -0.676
201706 0.177 103.029 0.216
201709 -0.167 103.345 -0.203
201712 0.305 103.345 0.370
201803 -0.387 105.004 -0.462
201806 0.361 105.557 0.429
201809 0.048 105.636 0.057
201812 0.132 105.399 0.157
201903 -0.117 106.979 -0.137
201906 0.269 107.690 0.313
201909 0.712 107.611 0.830
201912 0.674 107.769 0.785
202003 0.307 107.927 0.357
202006 0.509 108.401 0.589
202009 0.504 108.164 0.585
202012 0.649 108.559 0.750
202103 -0.138 110.298 -0.157
202106 -0.261 111.720 -0.293
202109 -0.092 112.905 -0.102
202112 -0.207 113.774 -0.228
202203 -1.368 117.646 -1.459
202206 -0.749 120.806 -0.778
202209 -0.912 120.648 -0.948
202212 0.249 120.964 0.258
202303 -0.718 122.702 -0.734
202306 -0.127 124.203 -0.128
202309 0.592 125.230 0.593
202312 1.423 125.468 1.423

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


Cascades  (OTCPK:CADNF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.73/0.53
=12.70

* 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 Cascades was 26.61. The lowest was 10.25. And the median was 15.34.


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.


Cascades Cyclically Adjusted FCF per Share Related Terms

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


Cascades (Cascades) Business Description

Traded in Other Exchanges
Address
404, Rue Marie-Victorin Boulevard, C.P. 30, Kingsey Falls, QC, CAN, J0A 1B0
Cascades Inc, along with its subsidiaries, produces, converts and markets packaging and tissue products composed mainly of recycled fibres. The company is organized into three main business segments: Containerboard, Specialty Products (which constitutes packaging products), and Tissue Papers. The business activity of the company functions in Canada, the United States, Italy, and other countries. Its customer base includes food processing companies, the maintenance industry, accommodations, and housing industry, micro-businesses, and boutiques.