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FIZZ (National Beverage) Cyclically Adjusted FCF per Share : $1.55 (As of Oct. 2024)


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What is National Beverage 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.

National Beverage's adjusted free cash flow per share for the three months ended in Oct. 2024 was $0.381. 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 $1.55 for the trailing ten years ended in Oct. 2024.

During the past 12 months, National Beverage's average Cyclically Adjusted FCF Growth Rate was 10.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 16.10% 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 National Beverage was 19.00% per year. The lowest was 3.80% per year. And the median was 10.80% per year.

As of today (2024-12-11), National Beverage's current stock price is $46.81. National Beverage's Cyclically Adjusted FCF per Share for the quarter that ended in Oct. 2024 was $1.55. National Beverage's Cyclically Adjusted Price-to-FCF of today is 30.20.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of National Beverage was 110.76. The lowest was 25.11. And the median was 41.74.


National Beverage Cyclically Adjusted FCF per Share Historical Data

The historical data trend for National Beverage'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.

National Beverage Cyclically Adjusted FCF per Share Chart

National Beverage 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 0.83 0.99 1.15 1.31 1.48

National Beverage Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 1.40 1.43 1.48 1.52 1.55

Competitive Comparison of National Beverage's Cyclically Adjusted FCF per Share

For the Beverages - Non-Alcoholic subindustry, National Beverage'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.


National Beverage's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, National Beverage's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



National Beverage 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, National Beverage's adjusted Free Cash Flow per Share data for the three months ended in Oct. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=0.381/133.1820*133.1820
=0.381

Current CPI (Oct. 2024) = 133.1820.

National Beverage Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201501 0.031 98.604 0.042
201504 0.181 99.824 0.241
201507 0.200 100.691 0.265
201510 0.152 100.346 0.202
201601 0.099 99.957 0.132
201604 0.282 100.947 0.372
201607 0.288 101.524 0.378
201610 0.191 101.988 0.249
201701 0.267 102.456 0.347
201704 0.326 103.167 0.421
201707 0.421 103.278 0.543
201710 0.240 104.070 0.307
201801 0.278 104.578 0.354
201804 0.370 105.708 0.466
201807 0.565 106.324 0.708
201810 0.073 106.695 0.091
201901 0.210 106.200 0.263
201904 0.230 107.818 0.284
201907 0.495 108.250 0.609
201910 0.331 108.577 0.406
202001 0.340 108.841 0.416
202004 0.475 108.173 0.585
202007 0.512 109.318 0.624
202010 0.562 109.861 0.681
202101 0.296 110.364 0.357
202104 0.430 112.673 0.508
202107 0.555 115.183 0.642
202110 0.293 116.696 0.334
202201 -0.030 118.619 -0.034
202204 0.295 121.978 0.322
202207 0.406 125.002 0.433
202210 0.387 125.734 0.410
202301 0.275 126.223 0.290
202304 0.424 127.992 0.441
202307 0.691 128.974 0.714
202310 0.263 129.810 0.270
202401 0.307 130.124 0.314
202404 0.530 132.289 0.534
202407 0.574 132.708 0.576
202410 0.381 133.182 0.381

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


National Beverage  (NAS:FIZZ) 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.

National Beverage's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=46.81/1.55
=30.20

* 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 National Beverage was 110.76. The lowest was 25.11. And the median was 41.74.


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.


National Beverage Cyclically Adjusted FCF per Share Related Terms

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


National Beverage Business Description

Traded in Other Exchanges
Address
8100 SW Tenth Street, Suite 4000, Fort Lauderdale, FL, USA, 33324
National Beverage Corp is a non-alcoholic beverage company in the U.S. Its portfolio skews toward functional drinks (that is those purporting to offer health benefits) and is anchored by the popular LaCroix sparkling water trademark. Other offerings include Rip It energy drinks, Everfresh juices, and soda brands like Shasta and Faygo. The firm controls the majority of its production and distribution apparatus, with very little outsourcing. In terms of go-to-market, it uses warehouse distribution for big-box retailers, direct-store delivery for convenience stores and other small outlets, and food-service distributors for the food-service channel (schools, hospitals, restaurants).
Executives
Cecil D Conlee director 950 E PACES FERRY RD, SUITE 2275, ATLANTA GA 30326
Stanley Michael Sheridan director 6203 PLUM DRIVE, WILLIAMSBURG MI 49690
Nick A Caporella director, 10 percent owner, officer: COB & CEO ONE NORTH UNIVERSITY DRIVE, BUILDING A, 4TH FLOOR, PLANTATION FL 33324
Joseph G Caporella director, officer: President 8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Dennis L Thompson officer: EVP - Shasta Beverages, Inc. 8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Gregory P Cook officer: VP - CONTROLLER & CAO 8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Samuel C Hathorn director 8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Gregory I Roberts officer: EVP - National BevPak 8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
George R Bracken officer: EVP Finance 8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Hagan John Ronald Jr officer: SEVP, Shasta Beverages, Inc. 8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Kloch Joseph P Jr director ONE NORTH UNIVERSITY DRIVE, BUILDING A, 4TH FLOOR, PLANTATION FL 33324
Dean A Mccoy officer: Senior VP-Controller ONE NORTH UNIVERSITY DRIVE, BUILDING A, 4TH FLOOR, PLANTATION FL 33324
Edward F Knecht officer: EVP - Procurement ONE NORTH UNIVERSITY DRIVE, BUILDING A,, 4TH FLOOR, PLANTATION FL 33324
S Lee Kling director 1401 S BRENTWOOD BLVD, ST LOUIS MO 63144