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HLF (Herbalife) Cyclically Adjusted FCF per Share : $3.08 (As of Mar. 2025)


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What is Herbalife 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.

Herbalife's adjusted free cash flow per share for the three months ended in Mar. 2025 was $-0.177. 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 $3.08 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Herbalife's average Cyclically Adjusted FCF Growth Rate was -1.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.20% 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 9.40% 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 Herbalife was 15.20% per year. The lowest was 1.20% per year. And the median was 11.30% per year.

As of today (2025-07-14), Herbalife's current stock price is $9.74. Herbalife's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $3.08. Herbalife's Cyclically Adjusted Price-to-FCF of today is 3.16.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Herbalife was 26.82. The lowest was 1.68. And the median was 16.25.


Herbalife Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Herbalife'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.

Herbalife Cyclically Adjusted FCF per Share Chart

Herbalife Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.78 3.06 3.21 3.16 3.17

Herbalife Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.11 3.12 3.15 3.17 3.08

Competitive Comparison of Herbalife's Cyclically Adjusted FCF per Share

For the Packaged Foods subindustry, Herbalife'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.


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

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

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


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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.177/134.9266*134.9266
=-0.177

Current CPI (Mar. 2025) = 134.9266.

Herbalife Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 1.059 100.684 1.419
201509 0.682 100.392 0.917
201512 0.664 99.792 0.898
201603 0.651 100.470 0.874
201606 1.022 101.688 1.356
201609 -0.828 101.861 -1.097
201612 0.499 101.863 0.661
201703 0.871 102.862 1.143
201706 0.470 103.349 0.614
201709 0.635 104.136 0.823
201712 1.041 104.011 1.350
201803 0.921 105.290 1.180
201806 1.128 106.317 1.432
201809 0.976 106.507 1.236
201812 0.758 105.998 0.965
201903 0.079 107.251 0.099
201906 0.362 108.070 0.452
201909 1.131 108.329 1.409
201912 0.932 108.420 1.160
202003 0.837 108.902 1.037
202006 1.557 108.767 1.931
202009 0.793 109.815 0.974
202012 0.611 109.897 0.750
202103 0.690 111.754 0.833
202106 1.287 114.631 1.515
202109 0.481 115.734 0.561
202112 0.371 117.630 0.426
202203 0.877 121.301 0.976
202206 0.650 125.017 0.702
202209 0.323 125.227 0.348
202212 0.109 125.222 0.117
202303 0.159 127.348 0.168
202306 0.978 128.729 1.025
202309 0.483 129.860 0.502
202312 0.603 129.419 0.629
202403 -0.190 131.776 -0.195
202406 0.651 132.554 0.663
202409 0.711 133.029 0.721
202412 0.430 133.157 0.436
202503 -0.177 134.927 -0.177

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


Herbalife  (NYSE:HLF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.74/3.08
=3.16

* 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 Herbalife was 26.82. The lowest was 1.68. And the median was 16.25.


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.


Herbalife Cyclically Adjusted FCF per Share Related Terms

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


Herbalife Business Description

Traded in Other Exchanges
Address
Ugland House, South Church Street, P.O. Box 309GT, Grand Cayman, CYM
Herbalife Ltd is an international nutrition company that provides health and wellness products to consumers in 95 markets, which consist of countries and territories, through their direct-selling business model. Companies' products are weight management, targeted nutrition, Energy, Sports and Fitness, Outer Nutrition and Literature, Promotional, and Other. Weight management generates the majority of revenue from products like Meal replacements, protein shakes, drink mixes, weight loss enhancers, and healthy snacks. Geographically, the main segments are North America, Latin America, EMEA, Asia Pacific regions, and China.
Executives
Juan Miguel Mendoza director 800 W. OLYMPIC BLVD. SUITE 406, LOS ANGELES CA 90015
Donal L Mulligan director ONE GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
Henry C Wang officer: EVP, General Counsel 800 W. OLYMPIC BLVD. SUITE 406, LOS ANGELES CA 90015
Genes Celine Del director 800 WEST OLYMPIC BLVD., SUITE 406, LOS ANGELES CA 90015
Rodica Macadrai director 800 W. OLYMPIC BLVD., SUITE 406, LOS ANGELES CA 90015
Michael Johnson officer: Chief Executive Officer C/O HERBALIFE INTERNATIONAL, INC., 1800 CENTURY PARK EAST, LOS ANGELES CA 90067
Ibelis Fleming officer: SVP/Managing Dir North America 800 W. OLYMPIC BLVD., SUITE 406, LOS ANGELES X1 90015
Stephan Paulo Gratziani director 800 W. OLYMPIC BLVD., SUITE 406, LOS ANGELES CA 90015
Sophie L'helias director 800 WEST OLYMPIC BLVD., SUITE 406, LOS ANGELES CA 90015
John Tartol director C/O HERBALIFE INTERNATIONAL, INC., 1800 CENTURY PARK EAST, LOS ANGELES CA 90025
Alan W Lefevre director HERBALIFE NUTRITION, 800 W. OLYMPIC BLVD. SUITE 406, LOS ANGELES CA 90015
Windacre Partnership Master Fund, Lp 10 percent owner 2200 POST OAK BLVD., SUITE 1580, HOUSTON TX 77056
Windacre Partnership Llc 10 percent owner 2200 POST OAK BOULEVARD, SUITE 1580, HOUSTON TX 77056
Snehal Amin 10 percent owner 2200 POST OAK BLVD., SUITE 1580, HOU TX 77056
Wapgp Llc 10 percent owner 2200 POST OAK BLVD., SUITE 1580, HOUSTON TX 77056