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Koninklijke Ahold Delhaize NV (WBO:AD) Cyclically Adjusted Price-to-FCF : 5.54 (As of Apr. 30, 2024)


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What is Koninklijke Ahold Delhaize NV Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Koninklijke Ahold Delhaize NV's current share price is €28.09. Koninklijke Ahold Delhaize NV's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €5.07. Koninklijke Ahold Delhaize NV's Cyclically Adjusted Price-to-FCF for today is 5.54.

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

WBO:AD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.03   Med: 7.33   Max: 9.29
Current: 5.54

During the past years, Koninklijke Ahold Delhaize NV's highest Cyclically Adjusted Price-to-FCF was 9.29. The lowest was 5.03. And the median was 7.33.

WBO:AD's Cyclically Adjusted Price-to-FCF is ranked better than
83.33% of 126 companies
in the Retail - Defensive industry
Industry Median: 15.415 vs WBO:AD: 5.54

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.

Koninklijke Ahold Delhaize NV's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €2.338. 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 €5.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koninklijke Ahold Delhaize NV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Koninklijke Ahold Delhaize NV'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.

Koninklijke Ahold Delhaize NV Cyclically Adjusted Price-to-FCF Chart

Koninklijke Ahold Delhaize NV 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 7.46 6.84 7.72 5.82 5.15

Koninklijke Ahold Delhaize NV 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 5.82 6.80 6.51 5.75 5.15

Competitive Comparison of Koninklijke Ahold Delhaize NV's Cyclically Adjusted Price-to-FCF

For the Grocery Stores subindustry, Koninklijke Ahold Delhaize NV'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.


Koninklijke Ahold Delhaize NV's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Koninklijke Ahold Delhaize NV's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Koninklijke Ahold Delhaize NV's Cyclically Adjusted Price-to-FCF falls into.



Koninklijke Ahold Delhaize NV 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.

Koninklijke Ahold Delhaize NV's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=28.09/5.07
=5.54

* 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.

Koninklijke Ahold Delhaize NV's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Koninklijke Ahold Delhaize NV'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)
=2.338/126.4000*126.4000
=2.338

Current CPI (Dec. 2023) = 126.4000.

Koninklijke Ahold Delhaize NV Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.544 99.390 0.692
201406 0.281 99.240 0.358
201409 0.318 99.960 0.402
201412 0.970 99.050 1.238
201503 0.555 99.750 0.703
201506 0.701 100.230 0.884
201509 0.485 100.500 0.610
201512 1.135 99.730 1.439
201603 0.525 100.310 0.662
201606 0.571 100.260 0.720
201609 0.409 100.570 0.514
201612 1.151 100.710 1.445
201703 0.480 101.440 0.598
201706 0.674 101.370 0.840
201709 0.616 102.030 0.763
201712 1.131 101.970 1.402
201803 0.842 102.470 1.039
201806 1.131 103.100 1.387
201809 1.054 103.950 1.282
201812 1.449 103.970 1.762
201903 0.624 105.370 0.749
201906 1.323 105.840 1.580
201909 1.179 106.700 1.397
201912 1.781 106.800 2.108
202003 2.120 106.850 2.508
202006 1.282 107.510 1.507
202009 1.064 107.880 1.247
202012 1.439 107.850 1.687
202103 1.056 108.870 1.226
202106 1.285 109.670 1.481
202109 1.418 110.790 1.618
202112 1.534 114.010 1.701
202203 0.899 119.460 0.951
202206 1.509 119.050 1.602
202209 1.129 126.890 1.125
202212 2.579 124.940 2.609
202303 0.961 124.720 0.974
202306 1.910 125.830 1.919
202309 1.502 127.160 1.493
202312 2.338 126.400 2.338

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.


Koninklijke Ahold Delhaize NV  (WBO:AD) 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.


Koninklijke Ahold Delhaize NV Cyclically Adjusted Price-to-FCF Related Terms

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


Koninklijke Ahold Delhaize NV (WBO:AD) Business Description

Address
Provincialeweg 11, Zaandam, NH, NLD, 1506 MA
Ahold Delhaize is the product of the July 2016 merger between Netherlands-based Ahold and Belgium's Delhaize, forming the fourth-largest grocer in the U.S. and a top player in many parts of Europe. The U.S. is the largest market, accounting for over 60% of group sales, with Ahold Delhaize the leading grocer on the Eastern Seaboard. The U.S. store network stretches from Maine to Georgia and includes such banners as Stop & Shop, Giant Carlisle, Giant Landover, Food Lion, Hannaford, and Peapod. The Netherlands, Belgium, and Central and Southeastern Europe, including the Czech Republic, Greece, Romania, and Serbia, account for slightly less than 40% of sales. Ahold Delhaize holds the number-one and number-two positions in these countries.

Koninklijke Ahold Delhaize NV (WBO:AD) Headlines

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