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Ingredion (Ingredion) Cyclically Adjusted Price-to-FCF : 18.24 (As of Apr. 28, 2024)


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What is Ingredion Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Ingredion's current share price is $113.29. Ingredion's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $6.21. Ingredion's Cyclically Adjusted Price-to-FCF for today is 18.24.

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

INGR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.67   Med: 20.54   Max: 42.32
Current: 18.24

During the past years, Ingredion's highest Cyclically Adjusted Price-to-FCF was 42.32. The lowest was 12.67. And the median was 20.54.

INGR's Cyclically Adjusted Price-to-FCF is ranked better than
59.54% of 697 companies
in the Consumer Packaged Goods industry
Industry Median: 23.47 vs INGR: 18.24

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.

Ingredion's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $4.903. 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 $6.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ingredion Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ingredion'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.

Ingredion Cyclically Adjusted Price-to-FCF Chart

Ingredion 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 17.76 14.22 16.11 17.92 17.47

Ingredion 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 17.92 18.40 18.15 16.35 17.47

Competitive Comparison of Ingredion's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, Ingredion'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.


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

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

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



Ingredion 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=113.29/6.21
=18.24

* 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.

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

For example, Ingredion'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)
=4.903/129.4194*129.4194
=4.903

Current CPI (Dec. 2023) = 129.4194.

Ingredion Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.818 99.695 1.062
201406 0.671 100.560 0.864
201409 2.180 100.428 2.809
201412 2.462 99.070 3.216
201503 0.151 99.621 0.196
201506 1.499 100.684 1.927
201509 2.305 100.392 2.971
201512 1.610 99.792 2.088
201603 0.543 100.470 0.699
201606 1.365 101.688 1.737
201609 2.746 101.861 3.489
201612 1.909 101.863 2.425
201703 0.801 102.862 1.008
201706 1.352 103.349 1.693
201709 1.965 104.136 2.442
201712 2.073 104.011 2.579
201803 0.747 105.290 0.918
201806 1.882 106.317 2.291
201809 2.128 106.507 2.586
201812 0.116 105.998 0.142
201903 -0.920 107.251 -1.110
201906 2.359 108.070 2.825
201909 2.404 108.329 2.872
201912 1.380 108.420 1.647
202003 -0.487 108.902 -0.579
202006 2.249 108.767 2.676
202009 2.855 109.815 3.365
202012 2.618 109.897 3.083
202103 -0.639 111.754 -0.740
202106 0.810 114.631 0.914
202109 0.651 115.734 0.728
202112 0.531 117.630 0.584
202203 -2.027 121.301 -2.163
202206 -0.164 125.017 -0.170
202209 0.375 125.227 0.388
202212 -0.375 125.222 -0.388
202303 -1.893 127.348 -1.924
202306 3.744 128.729 3.764
202309 4.313 129.860 4.298
202312 4.903 129.419 4.903

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.


Ingredion  (NYSE:INGR) 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.


Ingredion Cyclically Adjusted Price-to-FCF Related Terms

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


Ingredion (Ingredion) Business Description

Traded in Other Exchanges
Address
5 Westbrook Corporate Center, Westchester, IL, USA, 60154
Ingredion is an ingredients provider for the food, beverage, brewing, and animal nutrition industries. The company processes corn, tapioca, potatoes, stevia, grains, fruits, gums, and vegetables into value-added ingredients. The company has two main product lines: specialty and core ingredients. Specialty ingredients includes starch-based texturizers, natural alternative sweeteners such as stevia, and plant proteins for alternative dairy and snacks. Core ingredients includes sweeteners, such as high-fructose corn syrup, and commodity starches, such as those used for sustainable packaging.
Executives
David Eric Seip officer: SVP, Global Ops & CSCO 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Jorge A. Uribe director 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Jinghuai Xu officer: SVP, Chief Innovation Officer 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Larry Fernandes officer: Sr VP and Chief Commercial Off 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
James D Gray officer: Executive VP and CFO 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Davida Marie Gable officer: VP, Controller & Global SS 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Patricia Verduin director ONE CONAGRA DRIVE, OMAHA NE 68102
Robert A. Ritchie officer: SVP, Food & Industrial Ingred. 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Valdirene Bastos-licht officer: Sr. VP and Pres, Asia-Pacific 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Perez Y Landazuri Pierre officer: SVP and President, EMEA 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Jorgen Kokke officer: VP and GM, Asia-Pacific 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
James P. Zallie officer: Exec. VP & Pres, Global Ingred 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Charles V. Magro director C/O CORTEVA, INC., 974 CENTRE ROAD, CRP 735, WILMINGTON DE 19805
Nancy Wolfe officer: SVP and Chief HR Officer 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60015
Jaeger De Foras Tanya Martina officer: Chief Legal Officer, Corp. Sec 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154