Jollibee Foods (PHS:JFC) Cyclically Adjusted FCF per Share: ₱12.64 (As of Mar. 2026)


PHS:JFC Jollibee Foods Corp PHS:JFC
79 GF Score
Price ₱134.50
GF Value ₱293.94
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Jollibee Foods Cyclically Adjusted FCF per Share?

Jollibee Foods PHS:JFC -1.10% 79 Cyclically Adjusted FCF per Share is ₱12.64 as of Mar. 2026. GuruFocus rates PHS:JFC with a GF Score™ of 79/100 and a GF Value™ of ₱293.94 (Significantly Undervalued). The stock has 3 warning signs investors should review.

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.

Jollibee Foods's adjusted free cash flow per share for the three months ended in Mar. 2026 was ₱-0.030. 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 ₱12.64 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Jollibee Foods's average Cyclically Adjusted FCF Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 22.30% 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 Jollibee Foods was 24.40% per year. The lowest was 4.30% per year. And the median was 14.45% per year.

As of today (2026-07-01), Jollibee Foods's current stock price is ₱134.50. Jollibee Foods's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ₱12.64. Jollibee Foods's Cyclically Adjusted Price-to-FCF of today is 10.64.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Jollibee Foods was 71.86. The lowest was 10.04. And the median was 33.78.


Jollibee Foods  (PHS:JFC) 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.

Jollibee Foods's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=134.50/12.64
=10.64

* 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 Jollibee Foods was 71.86. The lowest was 10.04. And the median was 33.78.


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.


Jollibee Foods Cyclically Adjusted FCF per Share Related Terms


Jollibee Foods Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Jollibee Foods'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.

Jollibee Foods Cyclically Adjusted FCF per Share Chart

Jollibee Foods Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.01 7.10 9.05 11.57 12.65

Jollibee Foods Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11.92 12.23 12.17 12.65 12.64

PHS:JFC vs MCD, SBUX, YUM: Cyclically Adjusted FCF per Share Comparison

For the Restaurants subindustry, Jollibee Foods'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.


Jollibee Foods Cyclically Adjusted Price-to-FCF vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jollibee Foods's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


PHS:JFC
79GF Score
Jollibee Foods Corp PHS:JFC
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jollibee Foods 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, Jollibee Foods's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.03/330.2130*330.2130
=-0.030

Current CPI (Mar. 2026) = 330.2130.

Jollibee Foods Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 2.700 241.018 3.699
201609 0.445 241.428 0.609
201612 2.442 241.432 3.340
201703 -0.454 243.801 -0.615
201706 0.631 244.955 0.851
201709 1.984 246.819 2.654
201712 5.831 246.524 7.810
201803 0.615 249.554 0.814
201806 1.410 251.989 1.848
201809 0.188 252.439 0.246
201812 7.638 251.233 10.039
201903 0.165 254.202 0.214
201906 3.967 256.143 5.114
201909 2.789 256.759 3.587
201912 2.142 256.974 2.752
202003 -3.097 258.115 -3.962
202006 -4.228 257.797 -5.416
202009 -1.124 260.280 -1.426
202012 2.601 260.474 3.297
202103 1.383 264.877 1.724
202106 3.744 271.696 4.550
202109 1.527 274.310 1.838
202112 4.160 278.802 4.927
202203 1.142 287.504 1.312
202206 4.586 296.311 5.111
202209 5.250 296.808 5.841
202212 1.412 296.797 1.571
202303 3.539 301.836 3.872
202306 6.553 305.109 7.092
202309 6.591 307.789 7.071
202312 6.366 306.746 6.853
202403 2.282 312.332 2.413
202406 9.221 314.175 9.692
202409 2.576 315.301 2.698
202412 5.139 315.605 5.377
202503 1.566 319.799 1.617
202506 6.848 322.561 7.010
202509 3.122 324.800 3.174
202512 7.121 324.054 7.256
202603 -0.030 330.213 -0.030

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

What does a Cyclically Adjusted FCF per Share of ₱12.64 mean?
Jollibee Foods (PHS:JFC) has a Cyclically Adjusted FCF per Share of ₱12.64 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Jollibee Foods and its competitors.
Is Jollibee Foods' Cyclically Adjusted FCF per Share too high?
Jollibee Foods' current Cyclically Adjusted FCF per Share is ₱12.64. Overall, Jollibee Foods has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jollibee Foods' Cyclically Adjusted FCF per Share compare to MCD and SBUX?
Jollibee Foods' Cyclically Adjusted FCF per Share of ₱12.64 can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Restaurants company?
A good Cyclically Adjusted FCF per Share depends on the Restaurants industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Jollibee Foods and its competitors. Jollibee Foods's current Cyclically Adjusted FCF per Share is ₱12.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jollibee Foods stock overvalued right now?
Based on GuruFocus' analysis, Jollibee Foods (PHS:JFC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱293.94, compared to a current price of ₱134.50 — trading 54.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ₱12.64. Jollibee Foods' overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Jollibee Foods (PHS:JFC), the current Cyclically Adjusted FCF per Share is ₱12.64 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Jollibee Foods (PHS:JFC) Overvalued in 2026?

Based on GuruFocus' analysis, Jollibee Foods stock appears to be undervalued. The current stock price of ₱134.50 is trading 54.2% below its estimated GF Value™ of ₱293.94. GuruFocus considers Jollibee Foods to be Significantly Undervalued.

Key valuation signals for PHS:JFC:

  • Cyclically Adjusted FCF per Share: ₱12.64
  • GF Value™: ₱293.94 vs. price of ₱134.50 (54.2% below fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the PHS:JFC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jollibee Foods Business Description

Other Exchanges JBFCY:USAJBFCF:USA
Address 10 F. Ortigas Junior avenue, 10th Floor, Jollibee Plaza Building, Ortigas Centre, Pasig, PHL, 1605
Jollibee Foods Corp is engaged in operating and franchising quick-service restaurants (QSRs). The company has three business segments: the Food Service segment, which is involved in the operation of QSRs and the manufacture of food products to be sold to JFC Group-owned and franchised QSR outlets; the Franchising segment, which is involved in franchising the JFC Group's QSR store concepts; and the Support Services segment, which provides various services mainly to the Jollibee Group's independent franchisees. The Group's geographical segments are based on the location of the assets producing revenues in the Philippines and in other locations, including PRC, USA, Canada, Vietnam, Singapore, Malaysia, Italy, the UK, UAE, Hong Kong, Macau, Brunei, Taiwan, and South Korea.
79GF Score

Get the complete analysis for PHS:JFC

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱134.50
Price
₱293.94
GF Value