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Starbucks (UKEX:SBUX) Cyclically Adjusted Price-to-FCF : 28.38 (As of May. 25, 2024)


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What is Starbucks Cyclically Adjusted Price-to-FCF?

As of today (2024-05-25), Starbucks's current share price is ₴3743.00. Starbucks's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₴131.88. Starbucks's Cyclically Adjusted Price-to-FCF for today is 28.38.

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

UKEX:SBUX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.7   Med: 53.2   Max: 103.06
Current: 24.51

During the past years, Starbucks's highest Cyclically Adjusted Price-to-FCF was 103.06. The lowest was 22.70. And the median was 53.20.

UKEX:SBUX's Cyclically Adjusted Price-to-FCF is ranked worse than
68.29% of 123 companies
in the Restaurants industry
Industry Median: 15.67 vs UKEX:SBUX: 24.51

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.

Starbucks's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₴-5.406. 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 ₴131.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Starbucks Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Starbucks'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.

Starbucks Cyclically Adjusted Price-to-FCF Chart

Starbucks Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.38 45.60 48.16 32.04 31.49

Starbucks 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 38.32 35.27 31.49 30.12 28.41

Competitive Comparison of Starbucks's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, Starbucks'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.


Starbucks's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Starbucks's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Starbucks 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3743.00/131.88
=28.38

* 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.

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

For example, Starbucks'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)
=-5.406/131.7762*131.7762
=-5.406

Current CPI (Mar. 2024) = 131.7762.

Starbucks Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 14.290 100.560 18.726
201409 10.314 100.428 13.534
201412 29.957 99.070 39.847
201503 6.897 99.621 9.123
201506 11.675 100.684 15.280
201509 16.245 100.392 21.324
201512 34.781 99.792 45.928
201603 5.747 100.470 7.538
201606 19.510 101.688 25.283
201609 27.684 101.861 35.814
201612 33.327 101.863 43.114
201703 3.596 102.862 4.607
201706 21.425 103.349 27.318
201709 16.539 104.136 20.929
201712 39.256 104.011 49.735
201803 -0.368 105.290 -0.461
201806 20.350 106.317 25.223
201809 233.788 106.507 289.256
201812 62.296 105.998 77.446
201903 -0.763 107.251 -0.937
201906 24.071 108.070 29.351
201909 19.364 108.329 23.555
201912 48.534 108.420 58.989
202003 -58.583 108.902 -70.888
202006 -25.657 108.767 -31.085
202009 38.949 109.815 46.738
202012 51.224 109.897 61.422
202103 18.953 111.754 22.349
202106 47.692 114.631 54.825
202109 34.978 115.734 39.826
202112 49.547 117.630 55.506
202203 -10.187 121.301 -11.067
202206 29.304 125.017 30.888
202209 19.265 125.227 20.273
202212 37.431 125.222 39.390
202303 9.822 127.348 10.164
202306 37.314 128.729 38.197
202309 43.451 129.860 44.092
202312 62.847 129.419 63.991
202403 -5.406 131.776 -5.406

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.


Starbucks  (UKEX:SBUX) 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.


Starbucks Cyclically Adjusted Price-to-FCF Related Terms

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


Starbucks (UKEX:SBUX) Business Description

Industry
Address
2401 Utah Avenue South, Seattle, WA, USA, 98134
Starbucks is one of the most widely recognized restaurant brands in the world, operating more than 38,000 stores across more than 80 countries as of the end of fiscal 2023. The firm operates in three segments: North America, international markets, and channel development (grocery and ready-to-drink beverage). The coffee chain generates revenue from company-operated stores, royalties, sales of equipment and products to license partners, ready-to-drink beverages, packaged coffee sales, and single-serve products.

Starbucks (UKEX:SBUX) Headlines

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