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Perrigo Co (LTS:0Y5E) Cyclically Adjusted FCF per Share : $3.09 (As of Sep. 2024)


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What is Perrigo 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.

Perrigo Co's adjusted free cash flow per share for the three months ended in Sep. 2024 was $0.110. 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 $3.09 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Perrigo Co's average Cyclically Adjusted FCF Growth Rate was -11.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -2.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.30% 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 Perrigo Co was 75.40% per year. The lowest was -3.10% per year. And the median was 15.80% per year.

As of today (2024-12-14), Perrigo Co's current stock price is $27.32. Perrigo Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was $3.09. Perrigo Co's Cyclically Adjusted Price-to-FCF of today is 8.84.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Perrigo Co was 68.38. The lowest was 7.46. And the median was 12.88.


Perrigo Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Perrigo 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.

Perrigo Co Cyclically Adjusted FCF per Share Chart

Perrigo Co Annual Data
Trend Jun14 Jun15 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 4.01 3.90 3.76 3.49 3.53

Perrigo Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.51 3.53 3.40 3.25 3.09

Competitive Comparison of Perrigo Co's Cyclically Adjusted FCF per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Perrigo 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.


Perrigo Co's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

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

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



Perrigo 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, Perrigo Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.11/121.5939*121.5939
=0.110

Current CPI (Sep. 2024) = 121.5939.

Perrigo Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.874 99.576 2.288
201503 1.677 99.975 2.040
201506 0.425 100.573 0.514
201509 0.663 100.274 0.804
201512 1.020 99.676 1.244
201603 0.947 99.676 1.155
201606 0.258 101.072 0.310
201609 1.336 100.274 1.620
201612 1.286 99.676 1.569
201703 1.201 100.374 1.455
201706 0.528 100.673 0.638
201709 1.261 100.474 1.526
201712 1.292 100.075 1.570
201803 1.124 100.573 1.359
201806 0.450 101.072 0.541
201809 0.877 101.371 1.052
201812 1.090 100.773 1.315
201903 0.539 101.670 0.645
201906 0.221 102.168 0.263
201909 0.763 102.268 0.907
201912 0.308 102.068 0.367
202003 1.005 102.367 1.194
202006 1.924 101.769 2.299
202009 0.137 101.072 0.165
202012 0.325 101.072 0.391
202103 -0.336 102.367 -0.399
202106 -0.788 103.364 -0.927
202109 2.256 104.859 2.616
202112 -1.099 106.653 -1.253
202203 0.439 109.245 0.489
202206 -0.337 112.779 -0.363
202209 0.282 113.504 0.302
202212 1.183 115.436 1.246
202303 -0.028 117.609 -0.029
202306 0.241 119.662 0.245
202309 0.677 120.749 0.682
202312 1.342 120.749 1.351
202403 -0.193 120.990 -0.194
202406 -0.138 122.318 -0.137
202409 0.110 121.594 0.110

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


Perrigo Co  (LTS:0Y5E) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=27.32/3.09
=8.84

* 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 Perrigo Co was 68.38. The lowest was 7.46. And the median was 12.88.


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.


Perrigo Co Cyclically Adjusted FCF per Share Related Terms

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


Perrigo Co Business Description

Industry
Traded in Other Exchanges
Address
The Sharp Building, Hogan Place, Dublin, IRL, D02 TY74
Perrigo is one of the largest consumer health companies in the world. Since 2018, Perrigo divested its animal health and generic pharmaceuticals businesses to solely focus on consumer self-care. In North America (two thirds of total sales), the firm's product mix is anchored in private-label consumer health goods, which are sold to major retailers like Walmart, Amazon, Costco, and CVS. Perrigo also plays in Europe, Australia, and parts of Asia where it primarily generates revenue through its national brands, including Compeed, Solpadeine, Coldrex, and ellaOne.

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