GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Pernod Ricard SA (WBO:RI) » Definitions » Cyclically Adjusted Price-to-FCF

Pernod Ricard (WBO:RI) Cyclically Adjusted Price-to-FCF : 21.42 (As of Dec. 13, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Pernod Ricard Cyclically Adjusted Price-to-FCF?

As of today (2024-12-13), Pernod Ricard's current share price is €112.90. Pernod Ricard's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun24 was €5.27. Pernod Ricard's Cyclically Adjusted Price-to-FCF for today is 21.42.

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

WBO:RI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.37   Med: 39.35   Max: 52.14
Current: 21.92

During the past 13 years, Pernod Ricard's highest Cyclically Adjusted Price-to-FCF was 52.14. The lowest was 20.37. And the median was 39.35.

WBO:RI's Cyclically Adjusted Price-to-FCF is ranked better than
53.47% of 101 companies
in the Beverages - Alcoholic industry
Industry Median: 28.05 vs WBO:RI: 21.92

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.

Pernod Ricard's adjusted free cash flow per share data of for the fiscal year that ended in Jun24 was €3.768. 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 €5.27 for the trailing ten years ended in Jun24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pernod Ricard Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pernod Ricard'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.

Pernod Ricard Cyclically Adjusted Price-to-FCF Chart

Pernod Ricard Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.06 45.99 37.87 40.39 24.38

Pernod Ricard Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 37.87 - 40.39 - 24.38

Competitive Comparison of Pernod Ricard's Cyclically Adjusted Price-to-FCF

For the Beverages - Wineries & Distilleries subindustry, Pernod Ricard'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.


Pernod Ricard's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

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

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



Pernod Ricard 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=112.90/5.27
=21.42

* 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.

Pernod Ricard's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Pernod Ricard's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=3.768/120.2000*120.2000
=3.768

Current CPI (Jun24) = 120.2000.

Pernod Ricard Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 2.674 100.440 3.200
201606 3.776 100.630 4.510
201706 4.803 101.320 5.698
201806 5.280 103.370 6.140
201906 4.947 104.580 5.686
202006 3.090 104.790 3.544
202106 5.988 106.340 6.768
202206 6.884 112.550 7.352
202306 5.181 117.650 5.293
202406 3.768 120.200 3.768

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.


Pernod Ricard  (WBO:RI) 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.


Pernod Ricard Cyclically Adjusted Price-to-FCF Related Terms

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


Pernod Ricard Business Description

Address
5, Cours Paul Ricard, Paris, FRA, 75008
Pernod Ricard was formed in 1975 through the merger of Pernod, founded in 1805 and Ricard, created in 1932. Through acquisitions, the firm has grown to become the world's second-largest distiller by volume, behind Diageo. Pernod Ricard possesses the most comprehensive spirits portfolio globally, distributing over 240 brands across 160 countries. Flagship spirits brands include Absolut vodka, Beefeater gin, Chivas Regal and The Glenlivet scotch whisky, Jameson Irish whiskey, Malibu rum, and Martell cognac. The firm has also shed noncore assets over the years, including several wine brands in 2024.

Pernod Ricard Headlines

No Headlines