GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hillshire Brands Co (LTS:0Q8L) » Definitions » Cyclically Adjusted FCF per Share

Hillshire Brands Co (LTS:0Q8L) Cyclically Adjusted FCF per Share : €0.00 (As of Jun. 2014)


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

What is Hillshire Brands 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.

Hillshire Brands Co's adjusted free cash flow per share for the three months ended in Jun. 2014 was €-0.160. 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 €0.00 for the trailing ten years ended in Jun. 2014.

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.

As of today (2024-06-20), Hillshire Brands Co's current stock price is €46.88. Hillshire Brands Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2014 was €0.00. Hillshire Brands Co's Cyclically Adjusted Price-to-FCF of today is .


Hillshire Brands Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hillshire Brands 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.

Hillshire Brands Co Cyclically Adjusted FCF per Share Chart

Hillshire Brands Co Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Hillshire Brands Co Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 - - - - -

Competitive Comparison of Hillshire Brands Co's Cyclically Adjusted FCF per Share

For the Packaged Foods subindustry, Hillshire Brands 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.


Hillshire Brands Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

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

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



Hillshire Brands 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, Hillshire Brands Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2014 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2014 (Change)*Current CPI (Jun. 2014)
=-0.16/100.5595*100.5595
=-0.160

Current CPI (Jun. 2014) = 100.5595.

Hillshire Brands Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200409 -0.057 80.121 -0.072
200412 2.876 80.290 3.602
200503 0.480 81.555 0.592
200506 0.584 82.062 0.716
200509 0.329 83.876 0.394
200512 3.229 83.032 3.911
200603 -0.804 84.298 -0.959
200606 0.840 85.606 0.987
200609 -1.591 85.606 -1.869
200612 0.421 85.142 0.497
200703 -0.527 86.640 -0.612
200706 1.035 87.906 1.184
200709 -0.890 87.964 -1.017
200712 0.685 88.616 0.777
200803 -0.345 90.090 -0.385
200806 0.924 92.320 1.006
200809 -0.521 92.307 -0.568
200812 0.905 88.697 1.026
200903 0.005 89.744 0.006
200906 2.315 91.003 2.558
200909 0.604 91.120 0.667
200912 0.959 91.111 1.058
201003 1.393 91.821 1.526
201006 -0.085 91.962 -0.093
201009 -0.262 92.162 -0.286
201012 0.683 92.474 0.743
201103 -0.181 94.283 -0.193
201106 0.309 95.235 0.326
201109 -1.686 95.727 -1.771
201112 1.035 95.213 1.093
201203 -2.525 96.783 -2.624
201206 1.685 96.819 1.750
201209 -0.196 97.633 -0.202
201212 0.483 96.871 0.501
201303 0.174 98.209 0.178
201306 0.234 98.518 0.239
201309 0.203 98.790 0.207
201312 0.442 98.326 0.452
201403 0.093 99.695 0.094
201406 -0.160 100.560 -0.160

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


Hillshire Brands Co  (LTS:0Q8L) 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.


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.


Hillshire Brands Co Cyclically Adjusted FCF per Share Related Terms

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


Hillshire Brands Co (LTS:0Q8L) Business Description

Traded in Other Exchanges
N/A
Address
Hillshire Brands Co was organized as a corporation in Baltimore, Maryland in 1941 as The C.D. Kenny Company, was renamed Sara Lee Corporation in 1985 and adopted its current name in June 2012. It is a manufacturer and marketer of food products. It provides meat-centric food solutions for the retail and foodservice markets. The Company's Brands' portfolio includes iconic brands such as Jimmy Dean, Ball Park, Hillshire Farm, State Fair, Sara Lee frozen bakery and Chef Pierre pies, as well as artisanal brands Aidells and Gallo Salame. Its operations are organized around two business segments - Retail and Foodservice/Other. Retail sells a variety of packaged meat and frozen bakery products to retail customers in North America. Products include hot dogs and corn dogs, breakfast sausages, breakfast convenience items, including breakfast sandwiches and bowls, dinner sausages, premium deli and luncheon meats and cooked hams, as well as frozen pies, cakes, cheesecakes and other desserts. The primary raw materials for the segment's products include pork and beef, which are purchased almost entirely from third party suppliers and independent farmers, and poultry. The branded meat business is highly competitive, with an emphasis on product quality, innovation and value. New product innovations are a key component to its success. The Retail segment competes with other international, national, regional and local companies in each of the product categories. Foodservice/Other sells a variety of meat and bakery products to foodservice customers in North America. Products include hot dogs and corn dogs, breakfast sausages and sandwiches, dinner sausages, premium deli and luncheon meats, ham, beef and turkey as well as a variety of bakery products, including pastries, muffins, frozen pies, cakes and cheesecakes. The primary raw materials for Foodservice/Other's products include pork, beef and poultry and, to a lesser extent, wheat flour, sugar, corn syrup, cooking oils, butter, fruit and eggs, which are purchased from independent suppliers and farmers. The Foodservice/Other segment competes with other international, national, regional and local companies in each of its product categories. It considers major mass retailers and supermarket chains in the United States to be its most significant customers. The Company is subject to regulations administered by the U.S. Department of Agriculture and the Food and Drug Administration.

Hillshire Brands Co (LTS:0Q8L) Headlines

No Headlines