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Barry Callebaut AG (XSWX:BARN) Cyclically Adjusted FCF per Share : CHF42.61 (As of Feb. 2024)


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What is Barry Callebaut AG 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.

Barry Callebaut AG's adjusted free cash flow per share data for the fiscal year that ended in Aug. 2023 was CHF16.278. 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 CHF42.61 for the trailing ten years ended in Aug. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 34.70% 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 Barry Callebaut AG was 205.10% per year. The lowest was -57.00% per year. And the median was 20.20% per year.

As of today (2024-04-30), Barry Callebaut AG's current stock price is CHF 1385.00. Barry Callebaut AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Aug. 2023 was CHF42.61. Barry Callebaut AG's Cyclically Adjusted Price-to-FCF of today is 32.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Barry Callebaut AG was 1859.72. The lowest was 28.89. And the median was 94.84.


Barry Callebaut AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Barry Callebaut AG'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.

Barry Callebaut AG Cyclically Adjusted FCF per Share Chart

Barry Callebaut AG Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.67 28.52 34.98 41.73 42.61

Barry Callebaut AG Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 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 - 41.73 - 42.61 -

Competitive Comparison of Barry Callebaut AG's Cyclically Adjusted FCF per Share

For the Confectioners subindustry, Barry Callebaut AG'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.


Barry Callebaut AG's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Barry Callebaut AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Barry Callebaut AG's Cyclically Adjusted Price-to-FCF falls into.



Barry Callebaut AG 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, Barry Callebaut AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Aug. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Aug. 2023 (Change)*Current CPI (Aug. 2023)
=16.278/106.6516*106.6516
=16.278

Current CPI (Aug. 2023) = 106.6516.

Barry Callebaut AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201408 -35.615 101.104 -37.569
201508 -4.086 99.686 -4.372
201608 76.393 99.544 81.848
201708 84.084 100.004 89.673
201808 53.938 101.185 56.852
201908 50.131 101.507 52.672
202008 56.846 100.628 60.249
202108 61.923 101.515 65.056
202208 44.741 105.019 45.436
202308 16.278 106.652 16.278

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


Barry Callebaut AG  (XSWX:BARN) 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.

Barry Callebaut AG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1385.00/42.61
=32.50

* 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 Barry Callebaut AG was 1859.72. The lowest was 28.89. And the median was 94.84.


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.


Barry Callebaut AG Cyclically Adjusted FCF per Share Related Terms

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


Barry Callebaut AG (XSWX:BARN) Business Description

Traded in Other Exchanges
Address
Hardturmstrasse 181, Zurich, CHE, 8005
Barry Callebaut is a significant manufacturer and supplier of cocoa and chocolate ingredients, employing over 13,000 people. Customers include food and beverage makers as well as craftspeople, chocolatiers, pastry chefs, and bakers who utilize chocolate professionally. Barry Callebaut is vertically integrated from raw material (cocoa bean) procurement through chocolate manufacture, while not owning any cocoa farms. The firm produces around 40% of the world's industrial chocolate (open market), and its products are used in approximately 20% of the world's chocolate and cocoa goods. Barry Callebaut's sustainability endeavors are reflected in the fact that the company's Sustainalytics ESG Risk Rating is one of the lowest in its subcategory and first among its peers.

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