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Alimentation Couche-Tard (Alimentation Couche-Tard) Cyclically Adjusted FCF per Share : $1.83 (As of Jan. 2024)


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What is Alimentation Couche-Tard Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Alimentation Couche-Tard's adjusted free cash flow per share for the three months ended in Jan. 2024 was $0.376. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $1.83 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Alimentation Couche-Tard's average Cyclically Adjusted FCF Growth Rate was 15.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 22.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 22.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Alimentation Couche-Tard was 67.10% per year. The lowest was 19.90% per year. And the median was 23.25% per year.

As of today (2024-05-01), Alimentation Couche-Tard's current stock price is $55.184. Alimentation Couche-Tard's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $1.83. Alimentation Couche-Tard's Cyclically Adjusted Price-to-FCF of today is 30.16.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Alimentation Couche-Tard was 62.61. The lowest was 26.52. And the median was 36.68.


Alimentation Couche-Tard Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Alimentation Couche-Tard's Cyclically Adjusted FCF per Share 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.

Alimentation Couche-Tard Cyclically Adjusted FCF per Share Chart

Alimentation Couche-Tard Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.93 1.27 1.47 1.65

Alimentation Couche-Tard Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted FCF per Share 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 1.58 1.65 1.80 1.74 1.83

Competitive Comparison of Alimentation Couche-Tard's Cyclically Adjusted FCF per Share

For the Specialty Retail subindustry, Alimentation Couche-Tard'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.


Alimentation Couche-Tard's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Alimentation Couche-Tard's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Alimentation Couche-Tard Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Alimentation Couche-Tard's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.376/125.4675*125.4675
=0.376

Current CPI (Jan. 2024) = 125.4675.

Alimentation Couche-Tard Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.121 98.920 0.153
201407 0.246 99.315 0.311
201410 0.374 99.473 0.472
201501 0.143 98.209 0.183
201504 0.187 99.710 0.235
201507 0.274 100.579 0.342
201510 0.373 100.500 0.466
201601 -0.103 100.184 -0.129
201604 0.318 101.370 0.394
201607 0.248 101.844 0.306
201610 0.288 102.002 0.354
201701 -0.020 102.318 -0.025
201704 0.303 103.029 0.369
201707 0.298 103.029 0.363
201710 0.212 103.424 0.257
201801 0.004 104.056 0.005
201804 0.362 105.320 0.431
201807 0.454 106.110 0.537
201810 0.408 105.952 0.483
201901 0.505 105.557 0.600
201904 0.348 107.453 0.406
201907 0.548 108.243 0.635
201910 0.516 107.927 0.600
202001 0.333 108.085 0.387
202004 0.660 107.216 0.772
202007 1.019 108.401 1.179
202010 0.545 108.638 0.629
202101 0.177 109.192 0.203
202104 0.881 110.851 0.997
202107 0.817 112.431 0.912
202110 0.545 113.695 0.601
202201 0.064 114.801 0.070
202204 0.689 118.357 0.730
202207 0.729 120.964 0.756
202210 0.821 121.517 0.848
202301 0.108 121.596 0.111
202304 0.836 123.571 0.849
202307 1.117 124.914 1.122
202310 0.532 125.310 0.533
202401 0.376 125.468 0.376

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Alimentation Couche-Tard  (OTCPK:ANCTF) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Alimentation Couche-Tard's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=55.184/1.83
=30.16

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Alimentation Couche-Tard was 62.61. The lowest was 26.52. And the median was 36.68.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Alimentation Couche-Tard Cyclically Adjusted FCF per Share Related Terms

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


Alimentation Couche-Tard (Alimentation Couche-Tard) Business Description

Traded in Other Exchanges
Address
4204 Boulevard Industriel, Laval, QC, CAN, H7L 0E3
Alimentation Couche-Tard Inc operates a network of convenience stores across North America, Ireland, Scandinavia, Poland, the Baltics, and Russia. The company primarily generates income through the sale of tobacco products, groceries, beverages, fresh food, quick service restaurants, car wash services, other retail products and services, road transportation fuel, stationary energy, marine fuel, and chemicals. In addition, the company operates more stores under the Circle K banner in other countries such as China, Egypt, and Malaysia. Its operation is geographically divided into U.S., Europe, and Canada. Revenue from external customers fall mainly into three categories: merchandise and services, road transportation fuel, and other.