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Jeronimo Martins SGPS (LTS:0EXG) Cyclically Adjusted Price-to-FCF : 15.33 (As of May. 16, 2024)


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What is Jeronimo Martins SGPS Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Jeronimo Martins SGPS's current share price is €20.24. Jeronimo Martins SGPS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €1.32. Jeronimo Martins SGPS's Cyclically Adjusted Price-to-FCF for today is 15.33.

The historical rank and industry rank for Jeronimo Martins SGPS's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LTS:0EXG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.31   Med: 15.88   Max: 21.06
Current: 15.5

During the past years, Jeronimo Martins SGPS's highest Cyclically Adjusted Price-to-FCF was 21.06. The lowest was 11.31. And the median was 15.88.

LTS:0EXG's Cyclically Adjusted Price-to-FCF is ranked better than
50% of 124 companies
in the Retail - Defensive industry
Industry Median: 15.52 vs LTS:0EXG: 15.50

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.

Jeronimo Martins SGPS's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €0.349. 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 €1.32 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jeronimo Martins SGPS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jeronimo Martins SGPS'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.

Jeronimo Martins SGPS Cyclically Adjusted Price-to-FCF Chart

Jeronimo Martins SGPS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.31 13.94 18.02 15.61 17.53

Jeronimo Martins SGPS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.19 19.83 16.16 17.53 -

Competitive Comparison of Jeronimo Martins SGPS's Cyclically Adjusted Price-to-FCF

For the Food Distribution subindustry, Jeronimo Martins SGPS'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.


Jeronimo Martins SGPS's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

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

* The bar in red indicates where Jeronimo Martins SGPS's Cyclically Adjusted Price-to-FCF falls into.



Jeronimo Martins SGPS 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.

Jeronimo Martins SGPS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.24/1.32
=15.33

* 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.

Jeronimo Martins SGPS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Jeronimo Martins SGPS'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)
=0.349/118.0324*118.0324
=0.349

Current CPI (Dec. 2023) = 118.0324.

Jeronimo Martins SGPS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.026 99.788 0.031
201406 0.237 99.967 0.280
201409 0.435 99.617 0.515
201412 0.467 99.723 0.553
201503 0.095 100.097 0.112
201506 0.283 100.769 0.331
201509 0.462 100.489 0.543
201512 0.529 100.119 0.624
201603 -0.033 100.547 -0.039
201606 0.188 101.319 0.219
201609 0.243 101.122 0.284
201612 0.247 100.998 0.289
201703 -0.320 101.924 -0.371
201706 0.254 102.240 0.293
201709 0.195 102.527 0.224
201712 0.265 102.479 0.305
201803 -0.134 102.626 -0.154
201806 -0.090 103.790 -0.102
201809 0.190 103.960 0.216
201812 0.281 103.159 0.322
201903 0.156 103.495 0.178
201906 0.430 104.192 0.487
201909 0.483 103.844 0.549
201912 0.389 103.592 0.443
202003 -0.012 103.544 -0.014
202006 0.154 104.323 0.174
202009 0.685 103.699 0.780
202012 0.660 103.354 0.754
202103 0.137 104.014 0.155
202106 0.362 104.852 0.408
202109 0.577 105.232 0.647
202112 0.738 106.191 0.820
202203 -0.135 109.559 -0.145
202206 0.684 114.003 0.708
202209 0.476 114.999 0.489
202212 0.901 116.377 0.914
202303 -0.172 117.701 -0.172
202306 0.308 117.872 0.308
202309 0.847 119.111 0.839
202312 0.349 118.032 0.349

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.


Jeronimo Martins SGPS  (LTS:0EXG) 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.


Jeronimo Martins SGPS Cyclically Adjusted Price-to-FCF Related Terms

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Jeronimo Martins SGPS (LTS:0EXG) Business Description

Address
Rua Actor Antonio Silva, No. 7, Lisboa, PRT, 1649-033
Jeronimo Martins SGPS SA operates in food distribution, agribusiness, and other businesses. The food distribution business is the group's main activity, which consists of retail and wholesale operations under the brand's Pingo Doce and Recheio in Portugal, Poland, and Colombia. The group has five segments. Portugal Retail: comprises the business unit of JMR (Pingo Doce supermarkets), Portugal Cash & Carry: includes the wholesale business unit Recheio, Poland Retail: the business unit which operates under the Biedronka banner, Colombia Retail: the business unit which operates under Ara banner, & Others, eliminations and adjustments. The majority of revenue is derived from the Poland retail segment.

Jeronimo Martins SGPS (LTS:0EXG) Headlines

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