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Constellation Brands (NEOE:STZ) Cyclically Adjusted FCF per Share : C$0.70 (As of Feb. 2025)


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What is Constellation Brands 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.

Constellation Brands's adjusted free cash flow per share for the three months ended in Feb. 2025 was C$0.150. 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$0.70 for the trailing ten years ended in Feb. 2025.

During the past 12 months, Constellation Brands's average Cyclically Adjusted FCF Growth Rate was 14.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 16.30% 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 Constellation Brands was 374.70% per year. The lowest was -35.70% per year. And the median was 16.15% per year.

As of today (2025-05-25), Constellation Brands's current stock price is C$15.04. Constellation Brands's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2025 was C$0.70. Constellation Brands's Cyclically Adjusted Price-to-FCF of today is 21.49.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Constellation Brands was 80.21. The lowest was 19.47. And the median was 43.99.


Constellation Brands Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Constellation Brands'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.

Constellation Brands Cyclically Adjusted FCF per Share Chart

Constellation Brands Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.62 0.70

Constellation Brands Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 0.62 0.64 0.66 0.69 0.70

Competitive Comparison of Constellation Brands's Cyclically Adjusted FCF per Share

For the Beverages - Brewers subindustry, Constellation Brands'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.


Constellation Brands's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Constellation Brands's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Constellation Brands 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, Constellation Brands's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=0.15/134.6241*134.6241
=0.150

Current CPI (Feb. 2025) = 134.6241.

Constellation Brands Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201505 0.028 100.333 0.038
201508 0.169 100.548 0.226
201511 0.027 100.135 0.036
201602 -0.022 100.040 -0.030
201605 0.067 101.355 0.089
201608 0.191 101.617 0.253
201611 0.058 101.829 0.077
201702 -0.014 102.779 -0.018
201705 0.067 103.256 0.087
201708 0.164 103.587 0.213
201711 0.063 104.072 0.081
201802 0.042 105.052 0.054
201805 0.132 106.148 0.167
201808 0.254 106.383 0.321
201811 0.158 106.338 0.200
201902 0.003 106.649 0.004
201905 0.185 108.048 0.231
201908 0.262 108.245 0.326
201911 0.194 108.519 0.241
202002 0.120 109.139 0.148
202005 0.237 108.175 0.295
202008 0.255 109.662 0.313
202011 0.294 109.793 0.360
202102 0.012 110.968 0.015
202105 0.227 113.576 0.269
202108 0.225 115.421 0.262
202111 0.239 117.269 0.274
202202 -0.067 119.703 -0.075
202205 0.205 123.323 0.224
202208 0.277 124.958 0.298
202211 0.147 125.607 0.158
202302 0.049 126.928 0.052
202305 0.172 128.314 0.180
202308 0.287 129.538 0.298
202311 0.177 129.548 0.184
202402 0.034 130.930 0.035
202405 0.142 132.509 0.144
202408 0.387 132.816 0.392
202411 0.212 133.110 0.214
202502 0.150 134.624 0.150

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


Constellation Brands  (NEOE:STZ) 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.

Constellation Brands's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=15.04/0.70
=21.49

* 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 Constellation Brands was 80.21. The lowest was 19.47. And the median was 43.99.


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.


Constellation Brands Cyclically Adjusted FCF per Share Related Terms

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


Constellation Brands Business Description

Address
207 High Point Drive, Building 100, Victor, New York, NY, USA, 14564
Constellation Brands is the largest provider of alcoholic beverages across the beer, wine, and spirits categories in the us, generating 82% of revenue from Mexican beer imports under top-selling brands such as Modelo and Corona. The rest of the business includes some remaining wine and spirits brands, categories where the company continue to prune assets in recent years. With its exclusive rights tied to the Mexican beer brands effective only in the us, the firm has little revenue exposure to international markets. Constellation owns a 26% stake in no-moat Canopy Growth, a medicinal and recreational cannabis producer in Canada, and has a 50/50 joint venture with glass manufacturer Owens-Illinois in Mexico.

Constellation Brands Headlines

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