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Canopy Growth (LTS:0UO9) Cyclically Adjusted FCF per Share : C$0.00 (As of Dec. 2023)


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What is Canopy Growth Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Canopy Growth's adjusted free cash flow per share for the three months ended in Dec. 2023 was C$-0.084. 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 C$0.00 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -12.40% 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 Canopy Growth was -12.40% per year. The lowest was -12.40% per year. And the median was -12.40% per year.

As of today (2024-05-06), Canopy Growth's current stock price is C$34.81. Canopy Growth's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$0.00. Canopy Growth's Cyclically Adjusted Price-to-FCF of today is .


Canopy Growth Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Canopy Growth'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.

Canopy Growth Cyclically Adjusted FCF per Share Chart

Canopy Growth Annual Data
Trend Jul13 Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -1.34 -1.48 - -

Canopy Growth Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Canopy Growth's Cyclically Adjusted FCF per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Canopy Growth'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.


Canopy Growth's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Canopy Growth's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Canopy Growth 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, Canopy Growth's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.084/125.4675*125.4675
=-0.084

Current CPI (Dec. 2023) = 125.4675.

Canopy Growth Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201310 -0.015 97.182 -0.019
201401 -0.031 97.261 -0.040
201406 -0.269 99.473 -0.339
201409 -0.093 99.394 -0.117
201412 -0.116 98.367 -0.148
201506 -0.105 100.500 -0.131
201509 -0.115 100.421 -0.144
201512 -0.069 99.947 -0.087
201603 -0.046 101.054 -0.057
201606 -0.072 102.002 -0.089
201609 -0.091 101.765 -0.112
201612 -0.085 101.449 -0.105
201703 -0.195 102.634 -0.238
201706 -0.135 103.029 -0.164
201709 -0.158 103.345 -0.192
201712 -0.426 103.345 -0.517
201803 -0.652 105.004 -0.779
201806 -1.120 105.557 -1.331
201809 -1.234 105.636 -1.466
201812 -1.053 105.399 -1.253
201903 -1.236 106.979 -1.450
201906 -1.089 107.690 -1.269
201909 -1.167 107.611 -1.361
201912 -1.047 107.769 -1.219
202003 -0.876 107.927 -1.018
202006 -0.504 108.401 -0.583
202009 -0.525 108.164 -0.609
202012 -0.362 108.559 -0.418
202103 -0.335 110.298 -0.381
202106 -0.462 111.720 -0.519
202109 -0.263 112.905 -0.292
202112 -0.433 113.774 -0.478
202203 -0.340 117.646 -0.363
202206 -0.365 120.806 -0.379
202209 -0.345 120.648 -0.359
202212 -0.371 120.964 -0.385
202303 -0.363 122.702 -0.371
202306 -0.384 124.203 -0.388
202309 -0.203 125.230 -0.203
202312 -0.084 125.468 -0.084

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


Canopy Growth  (LTS:0UO9) 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.


Canopy Growth Cyclically Adjusted FCF per Share Related Terms

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


Canopy Growth (LTS:0UO9) Business Description

Industry
Traded in Other Exchanges
Address
1 Hershey Drive, Smiths Falls, ON, CAN, K7A 0A8
Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Doja, 7ACRES, Tweed, and Deep Space. Its non-THC products include sports drink BioSteel, skincare products under This Works, Martha Stewart CBD, and Storz & Bickel vaporizers. Canopy growth is attempting to merge its U.S. assets into a separately operated holding company, Canopy USA, which will not be consolidated into the Canadian company's financials.

Canopy Growth (LTS:0UO9) Headlines

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