GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Molson Coors Canada Inc (TSX:TPX.A) » Definitions » Cyclically Adjusted Price-to-FCF

Molson Coors Canada (TSX:TPX.A) Cyclically Adjusted Price-to-FCF : 10.41 (As of May. 01, 2024)


View and export this data going back to 1945. Start your Free Trial

What is Molson Coors Canada Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Molson Coors Canada's current share price is C$87.88. Molson Coors Canada's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$8.44. Molson Coors Canada's Cyclically Adjusted Price-to-FCF for today is 10.41.

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

TSX:TPX.A' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.53   Med: 9.62   Max: 12.42
Current: 10.7

During the past years, Molson Coors Canada's highest Cyclically Adjusted Price-to-FCF was 12.42. The lowest was 6.53. And the median was 9.62.

TSX:TPX.A's Cyclically Adjusted Price-to-FCF is ranked better than
81.25% of 112 companies
in the Beverages - Alcoholic industry
Industry Median: 27.01 vs TSX:TPX.A: 10.70

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.

Molson Coors Canada's adjusted free cash flow per share data for the three months ended in Dec. 2023 was C$1.840. 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 C$8.44 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Molson Coors Canada Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Molson Coors Canada'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.

Molson Coors Canada Cyclically Adjusted Price-to-FCF Chart

Molson Coors Canada 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 11.24 8.75 8.28 9.29 9.95

Molson Coors Canada 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 9.29 9.33 11.22 10.56 9.95

Competitive Comparison of Molson Coors Canada's Cyclically Adjusted Price-to-FCF

For the Beverages - Brewers subindustry, Molson Coors Canada'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.


Molson Coors Canada's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where Molson Coors Canada's Cyclically Adjusted Price-to-FCF falls into.



Molson Coors Canada 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.

Molson Coors Canada's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=87.88/8.44
=10.41

* 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.

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

For example, Molson Coors Canada'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)
=1.84/125.4675*125.4675
=1.840

Current CPI (Dec. 2023) = 125.4675.

Molson Coors Canada Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.505 98.604 0.643
201406 2.128 99.473 2.684
201409 2.457 99.394 3.102
201412 1.024 98.367 1.306
201503 -1.865 99.789 -2.345
201506 2.218 100.500 2.769
201509 1.515 100.421 1.893
201512 1.256 99.947 1.577
201603 -1.028 101.054 -1.276
201606 0.960 102.002 1.181
201609 2.674 101.765 3.297
201612 2.125 101.449 2.628
201703 -1.844 102.634 -2.254
201706 4.686 103.029 5.707
201709 3.853 103.345 4.678
201712 3.464 103.345 4.206
201803 0.638 105.004 0.762
201806 5.739 105.557 6.822
201809 2.128 105.636 2.527
201812 2.352 105.399 2.800
201903 -1.828 106.979 -2.144
201906 4.987 107.690 5.810
201909 1.916 107.611 2.234
201912 2.869 107.769 3.340
202003 -1.567 107.927 -1.822
202006 5.983 108.401 6.925
202009 1.963 108.164 2.277
202012 0.497 108.559 0.574
202103 -1.696 110.298 -1.929
202106 4.661 111.720 5.235
202109 2.141 112.905 2.379
202112 0.861 113.774 0.949
202203 -2.111 117.646 -2.251
202206 3.769 120.806 3.914
202209 1.892 120.648 1.968
202212 1.592 120.964 1.651
202303 -1.121 122.702 -1.146
202306 4.498 124.203 4.544
202309 3.427 125.230 3.433
202312 1.840 125.468 1.840

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.


Molson Coors Canada  (TSX:TPX.A) 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.


Molson Coors Canada Cyclically Adjusted Price-to-FCF Related Terms

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


Molson Coors Canada (TSX:TPX.A) Business Description

Traded in Other Exchanges
Address
33 Carlingview Drive, Toronto, ON, CAN, M9W 5E4
Molson Coors Canada Inc is a large global brewer and distributor of beer and other malt beverages. major brands include Coors Light, Miller Lite, Molson Canadian, Carling, Staropramen, Coors Banquet, Blue Moon, Vizzy, Leinenkugel, and Creemore. Its two segments are the Americas and EMEA&APAC segments. Americas segment operates in the U.S., Canada and various countries in the Caribbean, Latin and South America and EMEA&APAC segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the U.K., various other European countries, and certain countries within the Middle East, Africa and Asia Pacific. Its breweries are located across the U.S., Canada, and Europe, with the majority of the company's revenue generated in Americas.

Molson Coors Canada (TSX:TPX.A) Headlines

No Headlines