GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Berry Global Group Inc (NYSE:BERY) » Definitions » Cyclically Adjusted FCF per Share

Berry Global Group (Berry Global Group) Cyclically Adjusted FCF per Share : $6.08 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Berry Global Group 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.

Berry Global Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.415. 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 $6.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Berry Global Group's average Cyclically Adjusted FCF Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.70% 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 Berry Global Group was 14.70% per year. The lowest was 14.70% per year. And the median was 14.70% per year.

As of today (2024-05-31), Berry Global Group's current stock price is $59.88. Berry Global Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $6.08. Berry Global Group's Cyclically Adjusted Price-to-FCF of today is 9.85.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Berry Global Group was 16.04. The lowest was 8.12. And the median was 11.68.


Berry Global Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Berry Global Group'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.

Berry Global Group Cyclically Adjusted FCF per Share Chart

Berry Global Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.26 4.92 5.73 6.42

Berry Global Group 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 5.58 5.70 6.42 5.94 6.08

Competitive Comparison of Berry Global Group's Cyclically Adjusted FCF per Share

For the Packaging & Containers subindustry, Berry Global Group'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.


Berry Global Group's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Berry Global Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Berry Global Group 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, Berry Global Group'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)
=0.415/131.7762*131.7762
=0.415

Current CPI (Mar. 2024) = 131.7762.

Berry Global Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.510 100.560 0.668
201409 0.947 100.428 1.243
201412 0.529 99.070 0.704
201503 0.548 99.621 0.725
201506 1.130 100.684 1.479
201509 1.543 100.392 2.025
201512 0.785 99.792 1.037
201603 0.723 100.470 0.948
201606 1.199 101.688 1.554
201609 1.793 101.861 2.320
201612 0.610 101.863 0.789
201703 0.901 102.862 1.154
201706 1.339 103.349 1.707
201709 2.401 104.136 3.038
201712 0.434 104.011 0.550
201803 0.309 105.290 0.387
201806 1.366 106.317 1.693
201809 2.886 106.507 3.571
201812 0.643 105.998 0.799
201903 0.583 107.251 0.716
201906 1.013 108.070 1.235
201909 3.680 108.329 4.476
201912 0.521 108.420 0.633
202003 1.491 108.902 1.804
202006 2.161 108.767 2.618
202009 2.815 109.815 3.378
202012 1.127 109.897 1.351
202103 0.885 111.754 1.044
202106 0.852 114.631 0.979
202109 3.655 115.734 4.162
202112 -3.355 117.630 -3.758
202203 0.621 121.301 0.675
202206 1.301 125.017 1.371
202209 8.724 125.227 9.180
202212 -3.546 125.222 -3.732
202303 1.853 127.348 1.917
202306 1.214 128.729 1.243
202309 7.886 129.860 8.002
202312 -3.229 129.419 -3.288
202403 0.415 131.776 0.415

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


Berry Global Group  (NYSE:BERY) 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.

Berry Global Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=59.88/6.08
=9.85

* 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 Berry Global Group was 16.04. The lowest was 8.12. And the median was 11.68.


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.


Berry Global Group Cyclically Adjusted FCF per Share Related Terms

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


Berry Global Group (Berry Global Group) Business Description

Traded in Other Exchanges
Address
101 Oakley Street, Evansville, IN, USA, 47710
Berry global Group Inc is a leading global supplier of plastic packaging products mainly sold to consumer-oriented end markets. The four business segments are consumer packaging international, consumer packaging North America, engineered materials, and health, hygiene, and specialties. The company primarily uses plastic resin as its raw material, purchased from a variety of suppliers. The majority of revenue comes from consumer packaging international due to the acquisition of RPC, which expanded the geographical areas in which the company operates. The consumer packaging segment consists of closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, polythene films, recycling, containers, and technical components.
Executives
James Till officer: EVP - Controller C/O 101 OAKLEY STREET, EVANSVILLE IN 47710
Mark W Miles officer: Executive Vice President C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Carl J Rickertsen director MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Jason K. Greene officer: EVP - Chief Legal Officer C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Evan Bayh director 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Kevin J. Kwilinski director, officer: Chief Executive Officer 101 OAKLEY STREET, EVANSVILLE IN 47714
William J Norman officer: President C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY STREET, EVANSVILLE IN 47710
Michael Edward Hill officer: President C/O 101 OAKLEY STREET, EVANSVILLE IN 47710
Meredith Harper director 101 OAKLEY STREET, EVANSVILLE IN 47710
Peter T Thomas director 1000 LAKESIDE AVENUE, CLEVELAND OH 44114
Chaney Sheffield director C/O CANYON PARTNERS, LLC, 2000 AVENUE OF THE STARS, 11TH FLOOR, LOS ANGELES CA 90067
Tom Salmon officer: Executive Vice President C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Curt Begle officer: Executive Vice President C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Jill A Rahman director 101 OAKLEY STREET, EVANSVILLE IN 47710
Paula A Sneed director THREE LAKES DRIVE, NORTHFIELD IL 60093