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Ocado Group (CHIX:OCDOL) Cyclically Adjusted Price-to-FCF : (As of May. 31, 2024)


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What is Ocado Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ocado Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ocado Group'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.

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Ocado Group Cyclically Adjusted Price-to-FCF Chart

Ocado Group Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Cyclically Adjusted Price-to-FCF
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Ocado Group Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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Competitive Comparison of Ocado Group's Cyclically Adjusted Price-to-FCF

For the Grocery Stores subindustry, Ocado Group'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.


Ocado Group's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ocado Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ocado Group 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.

Ocado Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Nov22 is calculated as:

For example, Ocado Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Nov22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Nov22 (Change)*Current CPI (Nov22)
=-1.007/124.8000*124.8000
=-1.007

Current CPI (Nov22) = 124.8000.

Ocado Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201311 -0.029 98.800 -0.037
201411 -0.005 99.900 -0.006
201511 -0.026 100.300 -0.032
201611 -0.044 101.800 -0.054
201711 -0.104 104.700 -0.124
201811 -0.064 106.900 -0.075
201911 -0.300 108.500 -0.345
202011 -0.315 109.100 -0.360
202111 -0.956 114.100 -1.046
202211 -1.007 124.800 -1.007

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.


Ocado Group  (CHIX:OCDOl) 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.


Ocado Group Cyclically Adjusted Price-to-FCF Related Terms

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Ocado Group (CHIX:OCDOL) Business Description

Traded in Other Exchanges
Address
Mosquito Way, Buildings One and Two Trident Place, Hatfield Business Park, Hatfield, Hertfordshire, GBR, AL10 9UL
Ocado, one of the largest pure online grocers in the world, operates in two divisions. Ocado Retail is the group's online grocery business in the United Kingdom (joint venture with Marks & Spencer); it offers an extensive product range of over 55,000 items via its Ocado.com website and holds more than 15% of the U.K. online grocery market and approximately 2% of the total U.K. grocery market. Ocado Solutions is built on the Ocado Smart Platform, a modular, automated online retail fulfilment and delivery solution that involves the provision of software, fulfilment infrastructure, and support services to corporate clients for a variety of one-time and ongoing costs. OSP has allowed the company to work with some of the world's largest grocers, including Ocado's retail operation.

Ocado Group (CHIX:OCDOL) Headlines

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