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Carreras (XJAM:CAR) Cyclically Adjusted Price-to-FCF : 11.13 (As of Jun. 23, 2024)


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What is Carreras Cyclically Adjusted Price-to-FCF?

As of today (2024-06-23), Carreras's current share price is JMD9.13. Carreras's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was JMD0.82. Carreras's Cyclically Adjusted Price-to-FCF for today is 11.13.

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

XJAM:CAR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.18   Med: 10.38   Max: 13.16
Current: 11.16

During the past 13 years, Carreras's highest Cyclically Adjusted Price-to-FCF was 13.16. The lowest was 8.18. And the median was 10.38.

XJAM:CAR's Cyclically Adjusted Price-to-FCF is ranked worse than
58.33% of 24 companies
in the Tobacco Products industry
Industry Median: 10.45 vs XJAM:CAR: 11.16

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.

Carreras's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was JMD0.834. 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 JMD0.82 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carreras Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Carreras'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.

Carreras Cyclically Adjusted Price-to-FCF Chart

Carreras Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.02 8.61 10.97 10.17 10.01

Carreras Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
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 13.02 8.61 10.97 10.17 10.01

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

For the Tobacco subindustry, Carreras'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.


Carreras's Cyclically Adjusted Price-to-FCF Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Carreras's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Carreras 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.13/0.82
=11.13

* 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.

Carreras's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Carreras's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.834/127.3478*127.3478
=0.834

Current CPI (Mar23) = 127.3478.

Carreras Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.504 99.695 0.644
201503 0.789 99.621 1.009
201603 0.623 100.470 0.790
201703 0.666 102.862 0.825
201803 0.665 105.290 0.804
201903 0.733 107.251 0.870
202003 0.669 108.902 0.782
202103 0.745 111.754 0.849
202203 0.738 121.301 0.775
202303 0.834 127.348 0.834

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.


Carreras  (XJAM:CAR) 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.


Carreras Cyclically Adjusted Price-to-FCF Related Terms

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


Carreras (XJAM:CAR) Business Description

Traded in Other Exchanges
N/A
Address
13A Ripon Road, Kingston, JAM, 5
Carreras Ltd is a marketer and distributor of cigarettes and tobacco-related products in Jamaica. The company markets and distributes various brands of cigarettes including Craven A and Matterhorn. The group's activities are limited to the distribution of cigarettes to Jamaican consumers, operating in a single segment.