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Modern Plant Based Foods (XCNQ:MEAT) Cyclically Adjusted FCF per Share : C$-2.47 (As of Feb. 2024)


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What is Modern Plant Based Foods 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.

Modern Plant Based Foods's adjusted free cash flow per share for the three months ended in Feb. 2024 was C$-0.001. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-2.47 for the trailing ten years ended in Feb. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 11.80% 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 Modern Plant Based Foods was 21.70% per year. The lowest was -2.80% per year. And the median was 10.25% per year.

As of today (2024-05-20), Modern Plant Based Foods's current stock price is C$0.55. Modern Plant Based Foods's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was C$-2.47. Modern Plant Based Foods's Cyclically Adjusted Price-to-FCF of today is .


Modern Plant Based Foods Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Modern Plant Based 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.

* Premium members only.

Modern Plant Based Foods Cyclically Adjusted FCF per Share Chart

Modern Plant Based Foods Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.37 -8.58 -5.06 -4.73 -4.12

Modern Plant Based Foods Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -3.99 -3.88 -4.12 -2.77 -2.47

Competitive Comparison of Modern Plant Based Foods's Cyclically Adjusted FCF per Share

For the Packaged Foods subindustry, Modern Plant Based 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.


Modern Plant Based Foods's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Plant Based Foods's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Modern Plant Based 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, Modern Plant Based Foods's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.001/125.4675*125.4675
=-0.001

Current CPI (Feb. 2024) = 125.4675.

Modern Plant Based Foods Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -7.097 98.920 -9.002
201407 -10.521 99.315 -13.291
201410 6.722 99.473 8.479
201501 -1.962 98.209 -2.507
201504 4.372 99.710 5.501
201507 -3.449 100.579 -4.302
201510 -1.423 100.500 -1.777
201601 -0.090 100.184 -0.113
201604 -4.938 101.370 -6.112
201607 -0.125 101.844 -0.154
201610 4.896 102.002 6.022
201701 -0.160 102.318 -0.196
201704 -2.024 103.029 -2.465
201707 0.140 103.029 0.170
201710 0.056 103.424 0.068
201801 -0.881 104.056 -1.062
201804 -0.664 105.320 -0.791
201807 0.264 106.110 0.312
201810 -0.091 105.952 -0.108
201901 -0.016 105.557 -0.019
201904 -0.011 107.453 -0.013
201907 -0.070 108.243 -0.081
201910 -0.033 107.927 -0.038
202001 -0.040 108.085 -0.046
202004 -0.011 107.216 -0.013
202008 -0.448 108.243 -0.519
202011 -0.351 108.796 -0.405
202102 -0.445 109.745 -0.509
202105 -0.295 111.404 -0.332
202108 -0.523 112.668 -0.582
202111 -0.443 113.932 -0.488
202202 -0.023 115.986 -0.025
202205 0.203 120.016 0.212
202208 -0.256 120.569 -0.266
202211 -0.034 121.675 -0.035
202302 -0.125 122.070 -0.128
202305 -0.015 124.045 -0.015
202308 -0.052 125.389 -0.052
202311 -0.017 125.468 -0.017
202402 -0.001 125.468 -0.001

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


Modern Plant Based Foods  (XCNQ:MEAT) 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.


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.


Modern Plant Based Foods Cyclically Adjusted FCF per Share Related Terms

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


Modern Plant Based Foods (XCNQ:MEAT) Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, Suite 2500, Vancouver, BC, CAN, V7Y 1B3
Modern Plant Based Foods Inc is a Canadian food company based in Vancouver, British Columbia that offers a portfolio of plant-based products including meat alternatives, dairy-free cheeses, homemade style soups and vegan snacks. The company understands the importance of providing nutritious and sustainable alternatives without sacrificing taste. All products are made free of soy, gluten, nuts and GMOs. Modern Plant-Based Foods' objective is to change the way food is produced and consumed for the benefit of people, animals and the environment by using natural plant-based ingredients. The products are available for purchase at various retail locations and on e-commerce platforms.

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