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Heritage-Crystal Clean (Heritage-Crystal Clean) Cyclically Adjusted FCF per Share : $1.17 (As of Jun. 2023)


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What is Heritage-Crystal Clean 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.

Heritage-Crystal Clean's adjusted free cash flow per share for the three months ended in Jun. 2023 was $0.177. 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 $1.17 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Heritage-Crystal Clean's average Cyclically Adjusted FCF Growth Rate was 27.20% 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 Heritage-Crystal Clean was 31.90% per year. The lowest was 26.10% per year. And the median was 29.00% per year.

As of today (2024-04-29), Heritage-Crystal Clean's current stock price is $45.51. Heritage-Crystal Clean's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 was $1.17. Heritage-Crystal Clean's Cyclically Adjusted Price-to-FCF of today is 38.90.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Heritage-Crystal Clean was 2967.00. The lowest was 27.18. And the median was 38.69.


Heritage-Crystal Clean Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Heritage-Crystal Clean'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.

Heritage-Crystal Clean Cyclically Adjusted FCF per Share Chart

Heritage-Crystal Clean Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.21 -0.12 0.01 0.62 1.02

Heritage-Crystal Clean Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.92 0.99 1.02 1.12 1.17

Competitive Comparison of Heritage-Crystal Clean's Cyclically Adjusted FCF per Share

For the Waste Management subindustry, Heritage-Crystal Clean'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.


Heritage-Crystal Clean's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Heritage-Crystal Clean's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Heritage-Crystal Clean 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, Heritage-Crystal Clean's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.177/128.7287*128.7287
=0.177

Current CPI (Jun. 2023) = 128.7287.

Heritage-Crystal Clean Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 -0.097 98.790 -0.126
201312 0.158 98.326 0.207
201403 -0.116 99.695 -0.150
201406 -0.010 100.560 -0.013
201409 -0.078 100.428 -0.100
201412 -0.099 99.070 -0.129
201503 -0.055 99.621 -0.071
201506 0.021 100.684 0.027
201509 0.234 100.392 0.300
201512 0.213 99.792 0.275
201603 0.033 100.470 0.042
201606 0.222 101.688 0.281
201609 0.252 101.861 0.318
201612 0.474 101.863 0.599
201703 0.382 102.862 0.478
201706 0.578 103.349 0.720
201709 0.042 104.136 0.052
201712 0.345 104.011 0.427
201803 -0.179 105.290 -0.219
201806 0.410 106.317 0.496
201809 0.199 106.507 0.241
201812 -0.123 105.998 -0.149
201903 0.069 107.251 0.083
201906 0.477 108.070 0.568
201909 0.285 108.329 0.339
201912 0.109 108.420 0.129
202003 0.027 108.902 0.032
202006 0.171 108.767 0.202
202009 0.075 109.815 0.088
202012 0.627 109.897 0.734
202103 0.459 111.754 0.529
202106 0.833 114.631 0.935
202109 0.877 115.734 0.975
202112 0.673 117.630 0.737
202203 0.653 121.301 0.693
202206 0.329 125.017 0.339
202209 0.464 125.227 0.477
202212 0.449 125.222 0.462
202303 0.658 127.348 0.665
202306 0.177 128.729 0.177

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


Heritage-Crystal Clean  (NAS:HCCI) 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.

Heritage-Crystal Clean's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=45.51/1.17
=38.90

* 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 Heritage-Crystal Clean was 2967.00. The lowest was 27.18. And the median was 38.69.


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.


Heritage-Crystal Clean Cyclically Adjusted FCF per Share Related Terms

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


Heritage-Crystal Clean (Heritage-Crystal Clean) Business Description

Traded in Other Exchanges
N/A
Address
2000 Center Drive, Suite East C300, Hoffman Estates, IL, USA, 60123
Heritage-Crystal Clean In provides full-service parts cleaning, hazardous and non-hazardous bulk and containerized waste management, used oil collection, re-refining and lubricating base oil product sales, wastewater vacuum services, antifreeze collection, recycling and product sales, industrial and field services, and emergency and spill response services. It operates in two segments, Environmental Services, and Oil Business. The Environmental Services segment offers parts cleaning, containerized waste management, vacuum truck, and antifreeze recycling services, and the Oil Business segment collects used oil and sells recycled fuel oil, as well as engages in the re-refining of used oil into lubricant base oil and by-products.
Executives
Thompson Mary Patricia B director 651 S. STRATFORD DRIVE, SUITE 100, MERIDIAN ID 83642
Willmschen Robert W Jr director C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Fehsenfeld Fred M Jr director 2780 WATERFRONT PARKWAY E. DRIVE,, SUITE 200, INDIANAPOLIS IN 46214
Carmine Falcone director C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Brian Recatto director 117 THIBODEAUX DRIVE, LAFAYETTE LA 70503
Anthony R Chase director 10307 PACIFIC CENTER COURT, SAN DIEGO CA 92121
Ellie Bruce officer: VP Sales & Oil C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Mark Devita officer: Chief Financial Officer C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD. SIOTE 375, ELGIN IL 60123
John Lucks officer: Senior VP Sales & Marketing C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Schumacher Paul James Jr. director 10521 HUSSEY LANE, CARMEL IN 46032
Tom Hillstrom officer: VP of Operations C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Gregory Ray officer: COO C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Joseph Chalhoub director, officer: President and CEO C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Charles E Schalliol director 300 NORTH MERIDIAN STREET, SUITE 950, INDIANAPOLIS IN 46204
Group Heritage 10 percent owner 5400 WEST 86TH STREET, P. O. BOX 68123, INDIANAPOLIS IN 46268