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GrumaB de CV (MEX:GRUMAB) Cyclically Adjusted Price-to-FCF : 22.59 (As of Jun. 22, 2024)


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What is GrumaB de CV Cyclically Adjusted Price-to-FCF?

As of today (2024-06-22), GrumaB de CV's current share price is MXN331.63. GrumaB de CV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was MXN14.68. GrumaB de CV's Cyclically Adjusted Price-to-FCF for today is 22.59.

The historical rank and industry rank for GrumaB de CV's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MEX:GRUMAB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.62   Med: 34.43   Max: 82.91
Current: 22.59

During the past years, GrumaB de CV's highest Cyclically Adjusted Price-to-FCF was 82.91. The lowest was 16.62. And the median was 34.43.

MEX:GRUMAB's Cyclically Adjusted Price-to-FCF is ranked worse than
50.63% of 711 companies
in the Consumer Packaged Goods industry
Industry Median: 22.89 vs MEX:GRUMAB: 22.59

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.

GrumaB de CV's adjusted free cash flow per share data for the three months ended in Mar. 2024 was MXN11.656. 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 MXN14.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GrumaB de CV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for GrumaB de CV'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.

GrumaB de CV Cyclically Adjusted Price-to-FCF Chart

GrumaB de CV 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 27.61 25.83 23.18 21.23 23.13

GrumaB de CV 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 21.04 22.44 23.16 23.13 21.24

Competitive Comparison of GrumaB de CV's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, GrumaB de CV'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.


GrumaB de CV's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where GrumaB de CV's Cyclically Adjusted Price-to-FCF falls into.



GrumaB de CV 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.

GrumaB de CV's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=331.63/14.68
=22.59

* 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.

GrumaB de CV's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, GrumaB de CV's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=11.656/152.9470*152.9470
=11.656

Current CPI (Mar. 2024) = 152.9470.

GrumaB de CV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.808 96.609 4.446
201409 4.442 97.652 6.957
201412 3.035 99.469 4.667
201503 0.614 99.973 0.939
201506 3.352 99.382 5.159
201509 1.401 100.112 2.140
201512 0.242 101.588 0.364
201603 2.559 102.573 3.816
201606 2.204 101.905 3.308
201609 3.866 103.084 5.736
201612 -2.000 105.002 -2.913
201703 -0.853 108.063 -1.207
201706 -1.309 108.339 -1.848
201709 -1.593 109.628 -2.222
201712 3.298 112.114 4.499
201803 0.256 113.505 0.345
201806 1.360 113.373 1.835
201809 3.300 115.130 4.384
201812 2.902 117.530 3.777
201903 2.782 118.050 3.604
201906 2.751 117.848 3.570
201909 5.339 118.581 6.886
201912 3.374 120.854 4.270
202003 7.650 121.885 9.600
202006 6.670 121.777 8.377
202009 6.230 123.341 7.725
202012 4.718 124.661 5.789
202103 5.978 127.574 7.167
202106 6.080 128.936 7.212
202109 0.805 130.742 0.942
202112 0.950 133.830 1.086
202203 2.712 137.082 3.026
202206 -0.216 139.233 -0.237
202209 -6.337 142.116 -6.820
202212 3.701 144.291 3.923
202303 3.191 146.472 3.332
202306 0.402 146.272 0.420
202309 11.888 148.446 12.248
202312 9.121 151.017 9.238
202403 11.656 152.947 11.656

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.


GrumaB de CV  (MEX:GRUMAB) 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.


GrumaB de CV Cyclically Adjusted Price-to-FCF Related Terms

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GrumaB de CV (MEX:GRUMAB) Business Description

Traded in Other Exchanges
Address
Calzada del Valle, 407 Ote., Colonia Del Valle, San Pedro Garza Garcia, NL, MEX, 66220
Gruma SAB de CV is an international food production company, originally from Mexico. The product portfolio is large: corn and flour tortillas, wheat flour, naan, pita bread, flatbreads, wraps, chapatti, and pizza bases, along with other food products, such as snacks, pasta, rice, condiments, and palm hearts. The company has operations in America, Europe, Asia, and Oceania, and is present in over 100 countries across the globe. Its well-known brands are Maseca, Robin Hood, Mission, Guerrero, Tortiricas and Tosty.

GrumaB de CV (MEX:GRUMAB) Headlines

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