GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Empire Co Ltd (OTCPK:EMLAF) » Definitions » Cyclically Adjusted FCF per Share

EMLAF (Empire Co) Cyclically Adjusted FCF per Share : $2.52 (As of Jan. 2025)


View and export this data going back to . Start your Free Trial

What is Empire Co 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.

Empire Co's adjusted free cash flow per share for the three months ended in Jan. 2025 was $0.962. 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 $2.52 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Empire Co's average Cyclically Adjusted FCF Growth Rate was 4.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 20.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 16.30% 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 Empire Co was 24.90% per year. The lowest was 0.80% per year. And the median was 12.20% per year.

As of today (2025-05-14), Empire Co's current stock price is $35.14. Empire Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2025 was $2.52. Empire Co's Cyclically Adjusted Price-to-FCF of today is 13.94.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Empire Co was 32.69. The lowest was 9.11. And the median was 18.23.


Empire Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Empire Co'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.

Empire Co Cyclically Adjusted FCF per Share Chart

Empire Co Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 1.75 2.10 2.19 2.60

Empire Co Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 2.61 2.60 2.57 2.61 2.52

Competitive Comparison of Empire Co's Cyclically Adjusted FCF per Share

For the Grocery Stores subindustry, Empire Co'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.


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

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

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


;
;

Empire Co 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, Empire Co's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=0.962/127.4427*127.4427
=0.962

Current CPI (Jan. 2025) = 127.4427.

Empire Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201504 0.314 99.710 0.401
201507 0.431 100.579 0.546
201510 -0.086 100.500 -0.109
201601 0.118 100.184 0.150
201604 0.162 101.370 0.204
201607 0.294 101.844 0.368
201610 -0.079 102.002 -0.099
201701 0.012 102.318 0.015
201704 0.310 103.029 0.383
201707 0.293 103.029 0.362
201710 0.139 103.424 0.171
201801 0.632 104.056 0.774
201804 0.662 105.320 0.801
201807 0.305 106.110 0.366
201810 0.113 105.952 0.136
201901 0.428 105.557 0.517
201904 0.401 107.453 0.476
201907 0.878 108.243 1.034
201910 0.334 107.927 0.394
202001 0.936 108.085 1.104
202004 1.864 107.216 2.216
202007 0.697 108.401 0.819
202010 0.447 108.638 0.524
202101 1.272 109.192 1.485
202104 1.039 110.851 1.195
202107 0.624 112.431 0.707
202110 0.847 113.695 0.949
202201 1.714 114.801 1.903
202204 0.788 118.357 0.848
202207 0.638 120.964 0.672
202210 0.094 121.517 0.099
202301 0.722 121.596 0.757
202304 1.005 123.571 1.036
202307 1.241 124.914 1.266
202310 0.309 125.310 0.314
202401 1.514 125.072 1.543
202404 0.762 126.890 0.765
202407 0.884 128.075 0.880
202410 0.738 127.838 0.736
202501 0.962 127.443 0.962

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


Empire Co  (OTCPK:EMLAF) 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.

Empire Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=35.14/2.52
=13.94

* 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 Empire Co was 32.69. The lowest was 9.11. And the median was 18.23.


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.


Empire Co Cyclically Adjusted FCF per Share Related Terms

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


Empire Co Business Description

Traded in Other Exchanges
Address
115 King Street, Stellarton, NS, CAN, B0K 1S0
Empire Co Ltd key businesses are food retailing, investments, and other operations. The food retailing division operates through Empire's subsidiaries Sobeys, National, Farm Boy, and Longo's, and represents nearly all of the company's income. This segment owns, affiliates, or franchises various stores in different provinces, under retail banners including Sobeys, Safeway, IGA, and Foodland. The company's investment and other operations segment include the investment in Crombie REIT, which is an open-ended Canadian real estate investment trust.