GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Corby Spirit and Wine Ltd (OTCPK:CBYDF) » Definitions » Cyclically Adjusted Price-to-FCF

Corby Spirit and Wine (Corby Spirit and Wine) Cyclically Adjusted Price-to-FCF : 11.80 (As of Apr. 30, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Corby Spirit and Wine Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Corby Spirit and Wine's current share price is $9.6778. Corby Spirit and Wine's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.82. Corby Spirit and Wine's Cyclically Adjusted Price-to-FCF for today is 11.80.

The historical rank and industry rank for Corby Spirit and Wine's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CBYDF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.35   Med: 18.02   Max: 23.49
Current: 12.17

During the past years, Corby Spirit and Wine's highest Cyclically Adjusted Price-to-FCF was 23.49. The lowest was 11.35. And the median was 18.02.

CBYDF's Cyclically Adjusted Price-to-FCF is ranked better than
77.68% of 112 companies
in the Beverages - Alcoholic industry
Industry Median: 27.04 vs CBYDF: 12.17

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.

Corby Spirit and Wine's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.666. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.82 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corby Spirit and Wine Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Corby Spirit and Wine's Cyclically Adjusted Price-to-FCF 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.

Corby Spirit and Wine Cyclically Adjusted Price-to-FCF Chart

Corby Spirit and Wine Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.40 13.92 15.04 16.56 13.65

Corby Spirit and Wine Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 16.01 14.95 13.65 13.54 11.85

Competitive Comparison of Corby Spirit and Wine's Cyclically Adjusted Price-to-FCF

For the Beverages - Wineries & Distilleries subindustry, Corby Spirit and Wine'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.


Corby Spirit and Wine's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where Corby Spirit and Wine's Cyclically Adjusted Price-to-FCF falls into.



Corby Spirit and Wine Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Corby Spirit and Wine's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.6778/0.82
=11.80

* 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.

Corby Spirit and Wine's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Corby Spirit and Wine'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)
=0.666/125.4675*125.4675
=0.666

Current CPI (Dec. 2023) = 125.4675.

Corby Spirit and Wine Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.250 98.604 0.318
201406 0.233 99.473 0.294
201409 0.120 99.394 0.151
201412 0.336 98.367 0.429
201503 -0.052 99.789 -0.065
201506 0.322 100.500 0.402
201509 0.119 100.421 0.149
201512 0.271 99.947 0.340
201603 0.007 101.054 0.009
201606 0.404 102.002 0.497
201609 0.039 101.765 0.048
201612 0.319 101.449 0.395
201703 0.052 102.634 0.064
201706 0.232 103.029 0.283
201709 0.172 103.345 0.209
201712 0.448 103.345 0.544
201803 -0.195 105.004 -0.233
201806 0.300 105.557 0.357
201809 0.140 105.636 0.166
201812 0.394 105.399 0.469
201903 0.056 106.979 0.066
201906 0.168 107.690 0.196
201909 0.145 107.611 0.169
201912 0.382 107.769 0.445
202003 0.089 107.927 0.103
202006 0.595 108.401 0.689
202009 0.105 108.164 0.122
202012 0.440 108.559 0.509
202103 0.140 110.298 0.159
202106 0.361 111.720 0.405
202109 -1.527 112.905 -1.697
202112 0.724 113.774 0.798
202203 0.052 117.646 0.055
202206 0.347 120.806 0.360
202209 -0.150 120.648 -0.156
202212 0.496 120.964 0.514
202303 -0.003 122.702 -0.003
202306 0.458 124.203 0.463
202309 -0.139 125.230 -0.139
202312 0.666 125.468 0.666

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


Corby Spirit and Wine  (OTCPK:CBYDF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Corby Spirit and Wine Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Corby Spirit and Wine's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Corby Spirit and Wine (Corby Spirit and Wine) Business Description

Traded in Other Exchanges
Address
225 King Street West, Suite 1100, Toronto, ON, CAN, M5V 3M2
Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer and importer of spirits and wines. The company derives its revenues from the sale of its owned-brands in Canada and other international markets, as well as earning commissions from the representation of selected non-owned brands in the Canadian marketplace. The company also supplements these primary sources of revenue with other ancillary activities incidental to its core business, such as logistics fees. The company has two reportable segments: Case Goods and Commissions. The Case Goods segment derives its revenue from the production and distribution of its owned beverage alcohol brands. The Commissions segment earns commission income from the representation of non-owned beverage alcohol brands in Canada.

Corby Spirit and Wine (Corby Spirit and Wine) Headlines