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Herfy Food Services Co (SAU:6002) Cyclically Adjusted FCF per Share : ﷼3.48 (As of Dec. 2023)


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What is Herfy Food Services 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.

Herfy Food Services Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was ﷼0.356. 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 ﷼3.48 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-05-03), Herfy Food Services Co's current stock price is ﷼31.50. Herfy Food Services Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ﷼3.48. Herfy Food Services Co's Cyclically Adjusted Price-to-FCF of today is 9.05.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Herfy Food Services Co was 10.62. The lowest was 8.99. And the median was 9.63.


Herfy Food Services Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Herfy Food Services 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.

Herfy Food Services Co Cyclically Adjusted FCF per Share Chart

Herfy Food Services Co Annual Data
Trend Dec14 Dec15 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 - - - - 3.48

Herfy Food Services Co 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 - - - - 3.48

Competitive Comparison of Herfy Food Services Co's Cyclically Adjusted FCF per Share

For the Restaurants subindustry, Herfy Food Services 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.


Herfy Food Services Co's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

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

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



Herfy Food Services 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, Herfy Food Services Co'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)
=0.356/129.4194*129.4194
=0.356

Current CPI (Dec. 2023) = 129.4194.

Herfy Food Services Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201206 0.000 96.819 0.000
201209 0.405 97.633 0.537
201212 0.894 96.871 1.194
201412 0.000 99.070 0.000
201503 -0.021 99.621 -0.027
201506 -0.103 100.684 -0.132
201509 0.471 100.392 0.607
201512 -0.298 99.792 -0.386
201603 0.523 100.470 0.674
201606 0.297 101.688 0.378
201609 1.057 101.861 1.343
201612 0.008 101.863 0.010
201703 1.453 102.862 1.828
201706 0.741 103.349 0.928
201709 1.300 104.136 1.616
201712 0.185 104.011 0.230
201803 1.099 105.290 1.351
201806 0.921 106.317 1.121
201809 1.081 106.507 1.314
201812 1.043 105.998 1.273
201903 0.822 107.251 0.992
201906 1.417 108.070 1.697
201909 2.599 108.329 3.105
201912 0.063 108.420 0.075
202003 0.895 108.902 1.064
202006 1.220 108.767 1.452
202009 1.249 109.815 1.472
202012 1.353 109.897 1.593
202103 1.000 111.754 1.158
202106 0.996 114.631 1.124
202109 0.958 115.734 1.071
202112 0.144 117.630 0.158
202203 0.875 121.301 0.934
202206 0.575 125.017 0.595
202209 0.553 125.227 0.572
202212 0.179 125.222 0.185
202303 0.765 127.348 0.777
202306 0.360 128.729 0.362
202309 0.416 129.860 0.415
202312 0.356 129.419 0.356

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


Herfy Food Services Co  (SAU:6002) 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.

Herfy Food Services Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=31.50/3.48
=9.05

* 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 Herfy Food Services Co was 10.62. The lowest was 8.99. And the median was 9.63.


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.


Herfy Food Services Co Cyclically Adjusted FCF per Share Related Terms

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


Herfy Food Services Co (SAU:6002) Business Description

Traded in Other Exchanges
N/A
Address
Riyadh-Mourouj Quarter, P.O. Box 86958, Al Moroug District, Al Riyadh, SAU, 11632
Herfy Food Services Co establishes, operates, and franchises restaurants in the Kingdom of Saudi Arabia. Its restaurants offer cooked meals to companies and others. The company also franchises restaurants in Kuwait, the United Arab Emirates, Egypt, and Bahrain; provides catering services; manufactures and sells meat products, as well as bakery and pastry, and sweets and chocolate products; and operates bakeries. In addition, it purchases and sells land for constructing buildings; and owns, uses, maintains, and leases stores and food store fridges.

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