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Suburban Propane Partners LP (Suburban Propane Partners LP) Cyclically Adjusted FCF per Share : $3.50 (As of Dec. 2023)


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What is Suburban Propane Partners LP 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.

Suburban Propane Partners LP's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.372. 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 $3.50 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Suburban Propane Partners LP's average Cyclically Adjusted FCF Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -0.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -1.60% 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 Suburban Propane Partners LP was 11.60% per year. The lowest was -5.10% per year. And the median was 2.40% per year.

As of today (2024-04-27), Suburban Propane Partners LP's current stock price is $19.69. Suburban Propane Partners LP's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.50. Suburban Propane Partners LP's Cyclically Adjusted Price-to-FCF of today is 5.63.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Suburban Propane Partners LP was 13.38. The lowest was 3.40. And the median was 6.25.


Suburban Propane Partners LP Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Suburban Propane Partners LP'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.

Suburban Propane Partners LP Cyclically Adjusted FCF per Share Chart

Suburban Propane Partners LP Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.32 3.19 3.30 3.55 3.54

Suburban Propane Partners LP 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 3.42 3.46 3.45 3.54 3.50

Competitive Comparison of Suburban Propane Partners LP's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Gas subindustry, Suburban Propane Partners LP'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.


Suburban Propane Partners LP's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Suburban Propane Partners LP's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Suburban Propane Partners LP's Cyclically Adjusted Price-to-FCF falls into.



Suburban Propane Partners LP 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, Suburban Propane Partners LP'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)
=-0.372/129.4194*129.4194
=-0.372

Current CPI (Dec. 2023) = 129.4194.

Suburban Propane Partners LP Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.184 99.695 0.239
201406 1.940 100.560 2.497
201409 1.186 100.428 1.528
201412 0.422 99.070 0.551
201503 1.877 99.621 2.438
201506 1.452 100.684 1.866
201509 0.899 100.392 1.159
201512 -0.043 99.792 -0.056
201603 0.955 100.470 1.230
201606 0.666 101.688 0.848
201609 0.369 101.861 0.469
201612 0.268 101.863 0.341
201703 0.747 102.862 0.940
201706 0.647 103.349 0.810
201709 0.544 104.136 0.676
201712 -0.094 104.011 -0.117
201803 1.152 105.290 1.416
201806 1.073 106.317 1.306
201809 0.742 106.507 0.902
201812 -0.006 105.998 -0.007
201903 1.367 107.251 1.650
201906 0.916 108.070 1.097
201909 0.797 108.329 0.952
201912 0.041 108.420 0.049
202003 1.089 108.902 1.294
202006 1.155 108.767 1.374
202009 0.539 109.815 0.635
202012 -0.025 109.897 -0.029
202103 1.413 111.754 1.636
202106 1.139 114.631 1.286
202109 0.591 115.734 0.661
202112 -0.379 117.630 -0.417
202203 1.524 121.301 1.626
202206 1.021 125.017 1.057
202209 0.594 125.227 0.614
202212 -0.071 125.222 -0.073
202303 1.334 127.348 1.356
202306 0.824 128.729 0.828
202309 0.714 129.860 0.712
202312 -0.372 129.419 -0.372

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


Suburban Propane Partners LP  (NYSE:SPH) 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.

Suburban Propane Partners LP's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=19.69/3.5
=5.63

* 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 Suburban Propane Partners LP was 13.38. The lowest was 3.40. And the median was 6.25.


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.


Suburban Propane Partners LP Cyclically Adjusted FCF per Share Related Terms

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


Suburban Propane Partners LP (Suburban Propane Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
240 Route 10 West, P.O. Box 206, Whippany, NJ, USA, 07981
Suburban Propane Partners LP distributes propane, fuel oil, and other refined fuels to customers in the East Coast and West Coast regions of the United States. Other operations include natural gas and electricity marketing in the deregulated New York and Pennsylvania markets. The company operates in three segments: Propane; Fuel Oil and Refined Fuels; and Natural Gas and Electricity. It generates maximum revenue from Propane segment.
Executives
Michael A Stivala officer: Controller C/O SUBURBAN PROPANE PARTNERS LP, P O BOX 206, WHIPPANY NJ 07981
Douglas Brinkworth officer: Vice President, Product Supply C/O SUBURBAN PROPANE PARTERS, L.P., 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Nandini Sankara officer: VP Mark. & Brand Strategy 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Samuel Hodges officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Brent Stubbs officer: VP - Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Alejandro Centeno officer: VP, Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Logan Harold R Jr director
Rommel Oates director 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Amy Adams director 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Michael A Schueler officer: Vice President-Product Supply C/O SUBURBAN PROPANE, 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Bryon L Koepke officer: VP,Gen.Counsel & Secretary 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Dee Arthur Tate officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981-0206
Daniel W. Boyd officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPANNY NJ 07981-0206
Gregory L. Boyd officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981-0206
Francesca Cleffi officer: Vice President,Human Resources C/O SUBURBAN PROPANE PARTNERS, L.P., 240 ROUTE 10 WEST, WHIPPANY NJ 07981-0206