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Lancaster Colony (Lancaster Colony) Cyclically Adjusted Price-to-FCF : 41.68 (As of Apr. 29, 2024)


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What is Lancaster Colony Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Lancaster Colony's current share price is $187.96. Lancaster Colony's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.51. Lancaster Colony's Cyclically Adjusted Price-to-FCF for today is 41.68.

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

LANC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.97   Med: 32.59   Max: 48.85
Current: 41.47

During the past years, Lancaster Colony's highest Cyclically Adjusted Price-to-FCF was 48.85. The lowest was 21.97. And the median was 32.59.

LANC's Cyclically Adjusted Price-to-FCF is ranked worse than
73.19% of 705 companies
in the Consumer Packaged Goods industry
Industry Median: 23.72 vs LANC: 41.47

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.

Lancaster Colony's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $3.174. 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 $4.51 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lancaster Colony Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lancaster Colony'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.

Lancaster Colony Cyclically Adjusted Price-to-FCF Chart

Lancaster Colony Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.55 34.33 42.19 29.43 44.80

Lancaster Colony 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 44.67 45.27 44.80 36.89 36.90

Competitive Comparison of Lancaster Colony's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, Lancaster Colony'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.


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

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

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



Lancaster Colony 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=187.96/4.51
=41.68

* 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.

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

For example, Lancaster Colony'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)
=3.174/129.4194*129.4194
=3.174

Current CPI (Dec. 2023) = 129.4194.

Lancaster Colony Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.401 99.695 0.521
201406 0.823 100.560 1.059
201409 1.024 100.428 1.320
201412 1.535 99.070 2.005
201503 0.398 99.621 0.517
201506 1.231 100.684 1.582
201509 1.095 100.392 1.412
201512 1.357 99.792 1.760
201603 0.799 100.470 1.029
201606 1.470 101.688 1.871
201609 1.508 101.861 1.916
201612 0.835 101.863 1.061
201703 0.833 102.862 1.048
201706 1.174 103.349 1.470
201709 1.108 104.136 1.377
201712 1.393 104.011 1.733
201803 0.933 105.290 1.147
201806 1.289 106.317 1.569
201809 1.131 106.507 1.374
201812 1.965 105.998 2.399
201903 0.515 107.251 0.621
201906 0.991 108.070 1.187
201909 -0.112 108.329 -0.134
201912 1.847 108.420 2.205
202003 -0.020 108.902 -0.024
202006 1.492 108.767 1.775
202009 0.336 109.815 0.396
202012 1.892 109.897 2.228
202103 0.792 111.754 0.917
202106 0.117 114.631 0.132
202109 -1.141 115.734 -1.276
202112 0.243 117.630 0.267
202203 -0.784 121.301 -0.836
202206 0.586 125.017 0.607
202209 0.957 125.227 0.989
202212 2.098 125.222 2.168
202303 0.777 127.348 0.790
202306 1.106 128.729 1.112
202309 0.629 129.860 0.627
202312 3.174 129.419 3.174

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.


Lancaster Colony  (NAS:LANC) 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.


Lancaster Colony Cyclically Adjusted Price-to-FCF Related Terms

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


Lancaster Colony (Lancaster Colony) Business Description

Traded in Other Exchanges
Address
380 Polaris Parkway, Suite 400, Westerville, OH, USA, 43082
Lancaster Colony Corp is a manufacturer and marketer of speciality food products. The company's segments include Retail and Foodservice. By product segment, the company divides its portfolio into non frozen (roughly 70% of net sales) and frozen food. The key products and brands are salad dressing and sauces (Cardini's, Girard's, Marzetti), frozen garlic breads (New York Brand Bakery, Mamma Bella), vegetable dips and fruit dips (Marzetti), frozen parkerhouse-style yeast rolls and dinner rolls (Sister Schubert's, Mary B's), premium dry egg noodles (Amish Kitchen), frozen speciality noodles (Reames, Aunt Vi's), croutons and salad toppings, flatbread wraps, and pizza crusts.
Executives
Knight George F. Iii director 380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Zena Srivatsa Arnold director 2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Luis Viso officer: Chief Supply Chain Officer 380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Kristin Bird officer: President-Foodservice Division 380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Carl R. Stealey officer: President-T Marzetti Retail 380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
David Alan Ciesinski officer: President & COO H. J. HEINZ COMPANY, P.O. BOX 57, PITTSBURGH PA 15230
David S. Nagle officer: SVP-T Marzetti Co Supply Chain 380 POLARIS PARKWAY, WESTERVILLE OH 43082
K. Pigott Thomas officer: CFO and Asst. Secretary C/O MGP INGREDIENTS, INC., 100 COMMERCIAL STREET, ATCHISON KS 66002
Alan F Harris director
Elliot K. Fullen director 380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Gerlach John B Jr director, officer: Chairman & CEO LANCASTER COLONY CORP, 37 W. BROAD ST., COLUMBUS OH 43215
Barbara L Brasier director C/O MEADWESTVACO CORP, ONE HIGH RIDGE PARK, STAMFORD CT 06905
Michael H Keown director P O BOX 77057, FORT WORTH TX 76177
Timothy A. Tate officer: SVP-TMarzettiFoodservice Sales 380 POLARIS PARKWAY, WESTERVILLE OH 43082
Neeli Bendapudi director FISHER COLLEGE OF BUSINESS, 556 FISHER H, 2100 NEIL AVENUE, COLUMBUS OH 43210