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Nestle Pakistan (KAR:NESTLE) Cyclically Adjusted FCF per Share : ₨335.17 (As of Mar. 2024)


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What is Nestle Pakistan 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.

Nestle Pakistan's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₨62.413. 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 ₨335.17 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nestle Pakistan's average Cyclically Adjusted FCF Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.50% 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 Nestle Pakistan was 13.50% per year. The lowest was 13.50% per year. And the median was 13.50% per year.

As of today (2024-05-16), Nestle Pakistan's current stock price is ₨7380.00. Nestle Pakistan's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₨335.17. Nestle Pakistan's Cyclically Adjusted Price-to-FCF of today is 22.02.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Nestle Pakistan was 30.85. The lowest was 16.17. And the median was 22.88.


Nestle Pakistan Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Nestle Pakistan'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.

Nestle Pakistan Cyclically Adjusted FCF per Share Chart

Nestle Pakistan 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 - 220.67 235.15 295.60 322.95

Nestle Pakistan 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 310.32 323.07 321.35 322.95 335.17

Competitive Comparison of Nestle Pakistan's Cyclically Adjusted FCF per Share

For the Packaged Foods subindustry, Nestle Pakistan'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.


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

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

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



Nestle Pakistan 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, Nestle Pakistan'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)
=62.413/129.4194*129.4194
=62.413

Current CPI (Mar. 2024) = 129.4194.

Nestle Pakistan Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 103.998 100.560 133.845
201409 143.484 100.428 184.905
201412 56.332 99.070 73.589
201503 -39.151 99.621 -50.862
201506 104.984 100.684 134.947
201509 93.475 100.392 120.503
201512 147.358 99.792 191.107
201603 -24.991 100.470 -32.192
201606 105.619 101.688 134.422
201609 155.348 101.861 197.377
201612 175.803 101.863 223.363
201703 -53.727 102.862 -67.598
201706 95.355 103.349 119.409
201709 102.780 104.136 127.735
201712 88.073 104.011 109.588
201803 -30.980 105.290 -38.080
201806 35.920 106.317 43.725
201809 92.690 106.507 112.630
201812 101.037 105.998 123.362
201903 -122.383 107.251 -147.680
201906 183.727 108.070 220.024
201909 63.216 108.329 75.523
201912 13.793 108.420 16.464
202003 -55.593 108.902 -66.067
202006 132.236 108.767 157.344
202009 214.322 109.815 252.583
202012 56.177 109.897 66.157
202103 -103.299 111.754 -119.627
202106 123.082 114.631 138.960
202109 168.335 115.734 188.240
202112 37.009 117.630 40.718
202203 12.068 121.301 12.876
202206 123.243 125.017 127.583
202209 147.402 125.227 152.337
202212 3.554 125.222 3.673
202303 -39.479 127.348 -40.121
202306 163.802 128.729 164.681
202309 77.997 129.860 77.733
202312 126.089 129.419 126.089
202403 62.413 129.419 62.413

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


Nestle Pakistan  (KAR:NESTLE) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7380.00/335.17
=22.02

* 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 Nestle Pakistan was 30.85. The lowest was 16.17. And the median was 22.88.


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.


Nestle Pakistan Cyclically Adjusted FCF per Share Related Terms

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


Nestle Pakistan (KAR:NESTLE) Business Description

Traded in Other Exchanges
N/A
Address
Packages Mall, PO Amer Sidhu, Shahrah-e-Roomi, Lahore, PAK, 54760
Nestle Pakistan Ltd is a food and beverage company. The principal activity of the company is the manufacturing, processing, and sale of food products including imported products. The company's operating segments: Dairy and Nutrition Products, Powdered and Liquid Beverages, and Others. It generates maximum revenue from the Dairy and Nutrition Products segment. The company has operational footprints across Pakistan, Afghanistan, and other foreign countries. Its key products are ambient dairy, confectionery, coffee, beverages, infant nutrition, and drinking water. The majority of its revenue is derived from Pakistan.

Nestle Pakistan (KAR:NESTLE) Headlines

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