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Flowers Foods (Flowers Foods) Cyclically Adjusted Price-to-FCF : 18.79 (As of Apr. 27, 2024)


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What is Flowers Foods Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Flowers Foods's current share price is $24.62. Flowers Foods's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.31. Flowers Foods's Cyclically Adjusted Price-to-FCF for today is 18.79.

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

FLO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.8   Med: 22.3   Max: 46.98
Current: 18.86

During the past years, Flowers Foods's highest Cyclically Adjusted Price-to-FCF was 46.98. The lowest was 15.80. And the median was 22.30.

FLO's Cyclically Adjusted Price-to-FCF is ranked better than
58.39% of 697 companies
in the Consumer Packaged Goods industry
Industry Median: 23.47 vs FLO: 18.86

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.

Flowers Foods's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.281. 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 $1.31 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flowers Foods Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Flowers Foods'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.

Flowers Foods Cyclically Adjusted Price-to-FCF Chart

Flowers Foods 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 21.34 20.91 23.07 22.71 17.25

Flowers Foods 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 22.71 21.77 19.91 17.12 17.25

Competitive Comparison of Flowers Foods's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, Flowers Foods'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.


Flowers Foods's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Flowers Foods's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Flowers Foods 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=24.62/1.31
=18.79

* 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.

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

For example, Flowers Foods'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)
=0.281/129.4194*129.4194
=0.281

Current CPI (Dec. 2023) = 129.4194.

Flowers Foods Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.462 99.695 0.600
201406 0.139 100.560 0.179
201409 0.158 100.428 0.204
201412 0.327 99.070 0.427
201503 0.439 99.621 0.570
201506 0.361 100.684 0.464
201509 0.206 100.392 0.266
201512 0.119 99.792 0.154
201603 0.446 100.470 0.575
201606 0.281 101.688 0.358
201609 0.310 101.861 0.394
201612 0.174 101.863 0.221
201703 0.307 102.862 0.386
201706 0.364 103.349 0.456
201709 0.152 104.136 0.189
201712 0.234 104.011 0.291
201803 0.334 105.290 0.411
201806 0.135 106.317 0.164
201809 0.274 106.507 0.333
201812 0.186 105.998 0.227
201903 0.356 107.251 0.430
201906 0.402 108.070 0.481
201909 0.221 108.329 0.264
201912 0.263 108.420 0.314
202003 0.399 108.902 0.474
202006 0.682 108.767 0.811
202009 0.315 109.815 0.371
202012 0.284 109.897 0.334
202103 0.332 111.754 0.384
202106 0.395 114.631 0.446
202109 0.297 115.734 0.332
202112 -0.397 117.630 -0.437
202203 0.345 121.301 0.368
202206 0.058 125.017 0.060
202209 0.362 125.227 0.374
202212 0.135 125.222 0.140
202303 0.112 127.348 0.114
202306 0.171 128.729 0.172
202309 0.472 129.860 0.470
202312 0.281 129.419 0.281

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.


Flowers Foods  (NYSE:FLO) 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.


Flowers Foods Cyclically Adjusted Price-to-FCF Related Terms

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


Flowers Foods (Flowers Foods) Business Description

Traded in Other Exchanges
Address
1919 Flowers Circle, Thomasville, GA, USA, 31757
Flowers Foods Inc is an American company producing bakery food for retail and foodservice across the United States. The product portfolio includes fresh breads, buns, rolls, snack cakes, and tortillas. The company distributes to supermarkets, convenience stores, and restaurants. The key brands are Nature's Own, Whitewheat, Cobblestone Bread, Wonder, Dave's Killer Bread, Canyon Bakehouse, Mrs. Freshley's, and Tastykake.
Executives
R Steve Kinsey officer: EVP & Chief Financial Officer 301 HABERSHAM ROAD, THOMASVILLE GA 31792
Stephanie B Tillman officer: Chief Legal Counsel 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Ryals Mcmullian officer: Chief Strategy Officer 2922 IVANHOE ROAD, TALLAHASSEE FL 32312
Brigitte King director 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Joanne D Smith director C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
H Mark Courtney officer: SVP Sales&Mkt Flowers Bakeries 16 MEANDER TRACE, THOMASVILLE GA 31792
Cindy Cox officer: Chief Human Resources Officer 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Chubb Thomas Caldecot Iii director 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Melvin T Stith director 1111 BAY AVENUE, SUITE 501, COLUMBUS GA 31901
Thomas L Winters officer: Chief Supply Chain Officer 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Heeth Iv Varnedoe officer: Chief Transformation Officer 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
William Jameson Mcfadden director 140 BROADWAY, NEW YORK NY 10005
Brad Cashaw officer: Chief Supply Chain Officer 2711 NORTH HASKELL AVENUE, SUITE 3400, DALLAS TX 75204
Terry S Thomas director 6430 STEFANI DRIVE, DALLAS TX 75225
Casey Edward J. Jr. director 835 HAMILTON STREET, SUITE 150, ALLENTOWN PA 18101

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