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The Chefs' Warehouse (The Chefs' Warehouse) Cyclically Adjusted Price-to-FCF : 111.87 (As of Apr. 27, 2024)


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What is The Chefs' Warehouse Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), The Chefs' Warehouse's current share price is $33.56. The Chefs' Warehouse's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.30. The Chefs' Warehouse's Cyclically Adjusted Price-to-FCF for today is 111.87.

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

CHEF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.26   Med: 80.47   Max: 221.35
Current: 109.11

During the past years, The Chefs' Warehouse's highest Cyclically Adjusted Price-to-FCF was 221.35. The lowest was 10.26. And the median was 80.47.

CHEF's Cyclically Adjusted Price-to-FCF is ranked worse than
96.8% of 125 companies
in the Retail - Defensive industry
Industry Median: 15.64 vs CHEF: 109.11

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.

The Chefs' Warehouse's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.296. 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 $0.30 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Chefs' Warehouse Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for The Chefs' Warehouse'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.

The Chefs' Warehouse Cyclically Adjusted Price-to-FCF Chart

The Chefs' Warehouse Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.09 43.27 89.08 109.74 97.72

The Chefs' Warehouse Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 109.74 165.98 209.82 96.94 97.72

Competitive Comparison of The Chefs' Warehouse's Cyclically Adjusted Price-to-FCF

For the Food Distribution subindustry, The Chefs' Warehouse'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.


The Chefs' Warehouse's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, The Chefs' Warehouse's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



The Chefs' Warehouse 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.

The Chefs' Warehouse's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=33.56/0.3
=111.87

* 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.

The Chefs' Warehouse's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, The Chefs' Warehouse'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)
=0.296/129.4194*129.4194
=0.296

Current CPI (Dec. 2023) = 129.4194.

The Chefs' Warehouse Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.187 99.695 0.243
201406 -0.478 100.560 -0.615
201409 -0.318 100.428 -0.410
201412 0.030 99.070 0.039
201503 -0.075 99.621 -0.097
201506 -0.253 100.684 -0.325
201509 0.226 100.392 0.291
201512 0.683 99.792 0.886
201603 0.222 100.470 0.286
201606 -0.405 101.688 -0.515
201609 0.555 101.861 0.705
201612 0.478 101.863 0.607
201703 0.168 102.862 0.211
201706 0.401 103.349 0.502
201709 -0.072 104.136 -0.089
201712 0.185 104.011 0.230
201803 0.271 105.290 0.333
201806 0.194 106.317 0.236
201809 0.361 106.507 0.439
201812 0.039 105.998 0.048
201903 0.109 107.251 0.132
201906 0.338 108.070 0.405
201909 -0.070 108.329 -0.084
201912 0.568 108.420 0.678
202003 0.638 108.902 0.758
202006 0.743 108.767 0.884
202009 0.146 109.815 0.172
202012 -0.348 109.897 -0.410
202103 -0.400 111.754 -0.463
202106 -0.511 114.631 -0.577
202109 -0.289 115.734 -0.323
202112 -0.393 117.630 -0.432
202203 -0.105 121.301 -0.112
202206 0.005 125.017 0.005
202209 0.090 125.227 0.093
202212 -0.612 125.222 -0.633
202303 -0.287 127.348 -0.292
202306 -0.031 128.729 -0.031
202309 -0.059 129.860 -0.059
202312 0.296 129.419 0.296

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.


The Chefs' Warehouse  (NAS:CHEF) 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.


The Chefs' Warehouse Cyclically Adjusted Price-to-FCF Related Terms

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


The Chefs' Warehouse (The Chefs' Warehouse) Business Description

Traded in Other Exchanges
Address
100 East Ridge Road, Ridgefield, CT, USA, 06877
The Chefs' Warehouse Inc is a specialty food distributor in major metropolitan areas across the United States and Canada. The company's product portfolio is primarily comprised of imported and local specialty food products such as cheese, cooking oils, chocolates, dried food, baking products, meats, and other food products. The Chefs' Warehouse operates via one reporting segment called Food Product Distribution. Operations are concentrated on the east, mid and west coasts of the U.S. The company provides service primarily to restaurants, clubs, hotels, caterers, schools, bakeries, casinos and speciality food stores.
Executives
Tim Mccauley officer: Chief Accounting Officer 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
Joseph M. Cugine director 16859 CAMINETTO COURT, NAPLES, NAPLES FL 34110
Katherine Oliver director 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
Christina Polychroni officer: Chief Human Resources Officer C/O THE CHEFS' WAREHOUSE, 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
Alexandros Aldous officer: General Counsel 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
James Leddy officer: Chief Financial Officer C/O THE CHEFS' WAREHOUSE INC., 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
Christopher Pappas director, officer: President and CEO 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
Patricia Lecouras officer: Chief Human Resources Officer 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
John Pappas director, officer: Vice Chairman 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
Aylwin B Lewis director 111 N. CANAL, SUITE 850, CHICAGO IL 60606
Ivy Brown director 17324 E HIDDEN GREEN CT, RIO VERDE AZ 85263
John A Couri director 63 COPPS HILL RD, RIDGEFIELD CT 06877
David E. Schreibman director 1852 N. FREMONT STREET, CHICAGO IL 60614
Christina Carroll director 16529 ADLON ROAD, ENCINO CA 91436
John D Austin officer: Chief Financial Officer

The Chefs' Warehouse (The Chefs' Warehouse) Headlines