GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » MGP Ingredients Inc (NAS:MGPI) » Definitions » Cyclically Adjusted Price-to-FCF

MGP Ingredients (MGP Ingredients) Cyclically Adjusted Price-to-FCF : 87.16 (As of Apr. 30, 2024)


View and export this data going back to 1988. Start your Free Trial

What is MGP Ingredients Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), MGP Ingredients's current share price is $78.44. MGP Ingredients's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.90. MGP Ingredients's Cyclically Adjusted Price-to-FCF for today is 87.16.

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

MGPI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 86.22   Med: 273.19   Max: 4751
Current: 90.41

During the past years, MGP Ingredients's highest Cyclically Adjusted Price-to-FCF was 4751.00. The lowest was 86.22. And the median was 273.19.

MGPI's Cyclically Adjusted Price-to-FCF is ranked worse than
87.5% of 112 companies
in the Beverages - Alcoholic industry
Industry Median: 27.04 vs MGPI: 90.41

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.

MGP Ingredients's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.995. 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 $0.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MGP Ingredients Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MGP Ingredients'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.

MGP Ingredients Cyclically Adjusted Price-to-FCF Chart

MGP Ingredients 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 1,524.06 283.11 172.52 127.84 109.24

MGP Ingredients 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 127.84 123.67 131.48 118.88 109.24

Competitive Comparison of MGP Ingredients's Cyclically Adjusted Price-to-FCF

For the Beverages - Wineries & Distilleries subindustry, MGP Ingredients'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.


MGP Ingredients's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

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

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



MGP Ingredients 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.

MGP Ingredients's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=78.44/0.9
=87.16

* 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.

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

For example, MGP Ingredients'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)
=0.995/129.4194*129.4194
=0.995

Current CPI (Dec. 2023) = 129.4194.

MGP Ingredients Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.164 99.695 -0.213
201406 0.122 100.560 0.157
201409 0.263 100.428 0.339
201412 0.289 99.070 0.378
201503 0.063 99.621 0.082
201506 -0.004 100.684 -0.005
201509 -0.482 100.392 -0.621
201512 -0.279 99.792 -0.362
201603 -0.283 100.470 -0.365
201606 -0.071 101.688 -0.090
201609 -0.297 101.861 -0.377
201612 0.756 101.863 0.961
201703 -0.443 102.862 -0.557
201706 0.496 103.349 0.621
201709 0.114 104.136 0.142
201712 0.572 104.011 0.712
201803 -0.362 105.290 -0.445
201806 -0.339 106.317 -0.413
201809 -0.319 106.507 -0.388
201812 1.164 105.998 1.421
201903 -0.444 107.251 -0.536
201906 0.259 108.070 0.310
201909 0.303 108.329 0.362
201912 0.056 108.420 0.067
202003 -0.300 108.902 -0.357
202006 0.054 108.767 0.064
202009 1.191 109.815 1.404
202012 1.040 109.897 1.225
202103 0.291 111.754 0.337
202106 1.104 114.631 1.246
202109 0.201 115.734 0.225
202112 0.334 117.630 0.367
202203 0.527 121.301 0.562
202206 0.606 125.017 0.627
202209 0.814 125.227 0.841
202212 0.026 125.222 0.027
202303 -0.508 127.348 -0.516
202306 0.059 128.729 0.059
202309 0.735 129.860 0.733
202312 0.995 129.419 0.995

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.


MGP Ingredients  (NAS:MGPI) 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.


MGP Ingredients Cyclically Adjusted Price-to-FCF Related Terms

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


MGP Ingredients (MGP Ingredients) Business Description

Traded in Other Exchanges
Address
100 Commercial Street, P.O. Box 130, Atchison, KS, USA, 66002
MGP Ingredients Inc is a producer and supplier of premium distilled spirits and specialty wheat protein and starch food ingredients. MGP also produces high-quality industrial alcohol for use in both food and non-food applications. It operates in three segments: Distillery Solutions, Branded Spirits Segment, and Ingredient Solutions. Distillery Solutions provides distillery co-products, such as distillers feed, fuel grade alcohol, and corn oil: and warehouse services, including barrel put away, storage, and retrieval services. It derives most of its revenue from the Distillery Solutions segment.
Executives
Karen Seaberg director 20073 266TH ROAD, #266, ATCHISON KS 66002
Mingus Lori L.s. director 4123 HWY 49, PERRY KS 66073
Brandon Gall officer: VP and Chief Financial Officer 6142 REINHARDT, FAIRWAY KS 66205
David Colo director C/O DIAMOND FOODS, INC., 600 MONTGOMERY STREET, 13TH FLOOR, SAN FRANCISCO CA 94111
Catherine N. Lux 10 percent owner, other: Member of 10% holder group 5050 KEMPER AVENUE, ST. LOUIS MO 63139
Cnl 2013 Irrevocable Trust Dated April 2, 2013 10 percent owner, other: Member of 10% holder group 212 S. MAIN AVENUE, SUITE 145, SIOUX FALLS SD 57104
Ann S. Lux 2005 Irrevocable Trust Fbo Paul S. Lux Dated September 16, 2005 10 percent owner, other: Member of 10% holder group 5050 KEMPER AVENUE, ST. LOUIS MO 63169
Paul S. Lux 10 percent owner, other: Member of 10% holder group 5050 KEMPER AVENUE, ST. LOUIS MO 63139
Caroline L. Kaplan Revocable Trust Dated December 16, 2009 10 percent owner, other: Member of 10% holder group 5050 KEMPER AVENUE, ST. LOUIS MO 63139
Caroline Lux Kaplan 10 percent owner, other: Member of 10% holder group 5050 KEMPER AVENUE, ST. LOUIS MO 63139
Donn S. Lux director, 10 percent owner, other: Member of 10% holder group 5050 KEMPER AVENUE, ST. LOUIS MO 63139
Luxco 2017 Irrevocable Trust Dated June 19, 2017 10 percent owner 5050 KEMPER AVENUE, ST. LOUIS MO 63139
Neha J Clark director C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Kevin Rauckman director 1200 E 151 ST ST, OLATHE KS 66062
Todd B. Siwak director 100 COMMERCIAL STREET, P.O. BOX 130, ATCHISON KS 66002

MGP Ingredients (MGP Ingredients) Headlines

From GuruFocus

MGP Ingredients Completes Acquisition of Penelope Bourbon

By sperokesalga sperokesalga 06-01-2023