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Sysco (SYY) Cyclically Adjusted Price-to-FCF : 24.78 (As of Apr. 27, 2024)


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What is Sysco Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Sysco's current share price is $77.07. Sysco's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.11. Sysco's Cyclically Adjusted Price-to-FCF for today is 24.78.

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

SYY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.82   Med: 30.62   Max: 42.45
Current: 24.81

During the past years, Sysco's highest Cyclically Adjusted Price-to-FCF was 42.45. The lowest was 16.82. And the median was 30.62.

SYY's Cyclically Adjusted Price-to-FCF is ranked worse than
75.2% of 125 companies
in the Retail - Defensive industry
Industry Median: 15.69 vs SYY: 24.81

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.

Sysco's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.173. 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 $3.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sysco Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sysco'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.

Sysco Cyclically Adjusted Price-to-FCF Chart

Sysco 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 35.29 25.60 31.80 30.70 24.48

Sysco 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 27.55 26.51 24.48 21.77 23.54

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

For the Food Distribution subindustry, Sysco'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.


Sysco's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

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

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



Sysco 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=77.07/3.11
=24.78

* 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.

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

For example, Sysco'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)
=1.173/129.4194*129.4194
=1.173

Current CPI (Dec. 2023) = 129.4194.

Sysco Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.462 99.695 0.600
201406 0.861 100.560 1.108
201409 -0.095 100.428 -0.122
201412 0.353 99.070 0.461
201503 0.449 99.621 0.583
201506 0.984 100.684 1.265
201509 -0.637 100.392 -0.821
201512 1.056 99.792 1.370
201603 0.714 100.470 0.920
201606 1.470 101.688 1.871
201609 0.199 101.861 0.253
201612 0.440 101.863 0.559
201703 0.579 102.862 0.728
201706 1.629 103.349 2.040
201709 -0.100 104.136 -0.124
201712 1.381 104.011 1.718
201803 0.140 105.290 0.172
201806 1.362 106.317 1.658
201809 0.315 106.507 0.383
201812 1.005 105.998 1.227
201903 0.555 107.251 0.670
201906 1.416 108.070 1.696
201909 -0.008 108.329 -0.010
201912 0.708 108.420 0.845
202003 0.221 108.902 0.263
202006 0.832 108.767 0.990
202009 1.675 109.815 1.974
202012 -0.161 109.897 -0.190
202103 0.886 111.754 1.026
202106 0.396 114.631 0.447
202109 0.050 115.734 0.056
202112 0.330 117.630 0.363
202203 0.435 121.301 0.464
202206 1.442 125.017 1.493
202209 -0.017 125.227 -0.018
202212 0.397 125.222 0.410
202303 1.486 127.348 1.510
202306 2.208 128.729 2.220
202309 -0.166 129.860 -0.165
202312 1.173 129.419 1.173

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.


Sysco  (NYSE:SYY) 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.


Sysco Cyclically Adjusted Price-to-FCF Related Terms

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


Sysco (SYY) Business Description

Traded in Other Exchanges
Address
1390 Enclave Parkway, Houston, TX, USA, 77077-2099
Sysco is the largest U.S. foodservice distributor with 17% share of the highly fragmented $350 billion domestic market. Sysco distributes roughly 500,000 food and nonfood products to restaurants (62% of fiscal 2023 revenue), education and government buildings (8%), travel and leisure (8%), healthcare facilities (7%) and other locations (15%) where individuals consume away-from-home meals. In fiscal 2023, 70% of the firm's revenue was derived from its U.S. foodservice operations, while its international (18%), quick-service logistics (10%), and other (2%) segments made up the difference.
Executives
Sheila Talton director C/O ACCO BRANDS CORPORATION, 300 TOWER PARKWAY, LINCOLNSHIRE IL 60201
Jennifer L Johnson officer: SVP and CAO 942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
Victoria L Gutierrez officer: SVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Daniel Purefoy officer: SVP, Chief Supply Chain Off 33 KINGSWAY, LONDON X0 WC2B 6UF
Neil Russell officer: Interim CFO 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Kenny K Cheung officer: EVP and CFO HERTZ GLOBAL HOLDINGS, INC., 8501 WILLIAMS ROAD, ESTERO FL 33928
Greg D Bertrand officer: SVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Kevin Hourican officer: President and CEO ONE CVS DRIVE, WOONSOCKET RI 02895
Scott B. Stone officer: VP, Finance and interim CAO 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Paulo Peereboom officer: EVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Aaron E Alt officer: EVP and CFO 3001 COLORADO BLVD., DENTON TX 76210
Anita A Zielinski officer: SVP & CAO 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
James Chris Jasper officer: SVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Jill Golder director 305 HARTMANN DRIVE, LEBANON TN 37087
Ali Dibadj director C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206

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