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Kimberly-Clark (BUE:KMB) Cyclically Adjusted FCF per Share : ARS1,227.49 (As of Mar. 2024)


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What is Kimberly-Clark 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.

Kimberly-Clark's adjusted free cash flow per share for the three months ended in Mar. 2024 was ARS1,822.962. 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 ARS1,227.49 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kimberly-Clark's average Cyclically Adjusted FCF Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 3.90% 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 Kimberly-Clark was 23.40% per year. The lowest was 0.40% per year. And the median was 8.50% per year.

As of today (2024-06-16), Kimberly-Clark's current stock price is ARS27136.50. Kimberly-Clark's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS1,227.49. Kimberly-Clark's Cyclically Adjusted Price-to-FCF of today is 22.11.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kimberly-Clark was 29.44. The lowest was 16.96. And the median was 22.66.


Kimberly-Clark Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kimberly-Clark'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.

Kimberly-Clark Cyclically Adjusted FCF per Share Chart

Kimberly-Clark Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.87 130.21 205.19 361.79 1,097.23

Kimberly-Clark Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 444.18 572.92 918.11 1,097.23 1,227.49

Competitive Comparison of Kimberly-Clark's Cyclically Adjusted FCF per Share

For the Household & Personal Products subindustry, Kimberly-Clark'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.


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

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

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



Kimberly-Clark 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, Kimberly-Clark's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1822.962/131.7762*131.7762
=1,822.962

Current CPI (Mar. 2024) = 131.7762.

Kimberly-Clark Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 42.579 100.560 55.797
201409 46.026 100.428 60.393
201412 19.315 99.070 25.692
201503 -18.987 99.621 -25.116
201506 39.325 100.684 51.469
201509 44.521 100.392 58.439
201512 43.356 99.792 57.252
201603 40.147 100.470 52.656
201606 79.041 101.688 102.428
201609 94.452 101.861 122.191
201612 90.195 101.863 116.682
201703 28.504 102.862 36.516
201706 90.691 103.349 115.636
201709 88.309 104.136 111.749
201712 109.061 104.011 138.174
201803 60.516 105.290 75.739
201806 134.347 106.317 166.519
201809 149.707 106.507 185.226
201812 207.856 105.998 258.406
201903 0.341 107.251 0.419
201906 137.911 108.070 168.164
201909 285.208 108.329 346.938
201912 303.033 108.420 368.313
202003 190.483 108.902 230.494
202006 777.907 108.767 942.467
202009 195.848 109.815 235.015
202012 401.325 109.897 481.225
202103 18.313 111.754 21.594
202106 305.778 114.631 351.512
202109 475.428 115.734 541.327
202112 703.071 117.630 787.626
202203 -46.670 121.301 -50.700
202206 558.076 125.017 588.250
202209 725.758 125.227 763.717
202212 1,180.435 125.222 1,242.222
202303 721.120 127.348 746.196
202306 1,272.584 128.729 1,302.711
202309 2,376.018 129.860 2,411.088
202312 3,190.192 129.419 3,248.287
202403 1,822.962 131.776 1,822.962

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


Kimberly-Clark  (BUE:KMB) 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.

Kimberly-Clark's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=27136.50/1227.49
=22.11

* 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 Kimberly-Clark was 29.44. The lowest was 16.96. And the median was 22.66.


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.


Kimberly-Clark Cyclically Adjusted FCF per Share Related Terms

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


Kimberly-Clark (BUE:KMB) Business Description

Address
P.O. Box 619100, Dallas, TX, USA, 75261-9100
With more than half of sales from personal care and another third from tissue products, Kimberly-Clark sits as a leading manufacturer in the tissue and hygiene realm. Its brand mix includes Huggies, Pull-Ups, Kotex, Depend, Kleenex, and Cottonelle. The firm also operates K-C Professional, which partners with businesses to provide safety and sanitary products for the workplace. Kimberly-Clark generates just over of half its sales in North America and more than 10% in Europe, with the rest primarily concentrated in Asia and Latin America.