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Berry Global Group (Berry Global Group) Cyclically Adjusted FCF per Share : $5.94 (As of Dec. 2023)


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What is Berry Global Group Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Berry Global Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-3.229. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $5.94 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Berry Global Group's average Cyclically Adjusted FCF Growth Rate was 11.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Berry Global Group was 14.70% per year. The lowest was 14.70% per year. And the median was 14.70% per year.

As of today (2024-04-27), Berry Global Group's current stock price is $57.05. Berry Global Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $5.94. Berry Global Group's Cyclically Adjusted Price-to-FCF of today is 9.60.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Berry Global Group was 16.04. The lowest was 8.12. And the median was 11.73.


Berry Global Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Berry Global Group's Cyclically Adjusted FCF per Share 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.

Berry Global Group Cyclically Adjusted FCF per Share Chart

Berry Global Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.26 4.92 5.73 6.42

Berry Global Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 5.33 5.58 5.70 6.42 5.94

Competitive Comparison of Berry Global Group's Cyclically Adjusted FCF per Share

For the Packaging & Containers subindustry, Berry Global Group'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.


Berry Global Group's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Berry Global Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Berry Global Group Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Berry Global Group'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)
=-3.229/129.4194*129.4194
=-3.229

Current CPI (Dec. 2023) = 129.4194.

Berry Global Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.090 99.695 0.117
201406 0.510 100.560 0.656
201409 0.947 100.428 1.220
201412 0.529 99.070 0.691
201503 0.548 99.621 0.712
201506 1.130 100.684 1.453
201509 1.543 100.392 1.989
201512 0.785 99.792 1.018
201603 0.723 100.470 0.931
201606 1.199 101.688 1.526
201609 1.793 101.861 2.278
201612 0.610 101.863 0.775
201703 0.901 102.862 1.134
201706 1.339 103.349 1.677
201709 2.401 104.136 2.984
201712 0.434 104.011 0.540
201803 0.309 105.290 0.380
201806 1.366 106.317 1.663
201809 2.886 106.507 3.507
201812 0.643 105.998 0.785
201903 0.583 107.251 0.704
201906 1.013 108.070 1.213
201909 3.680 108.329 4.396
201912 0.521 108.420 0.622
202003 1.491 108.902 1.772
202006 2.161 108.767 2.571
202009 2.815 109.815 3.318
202012 1.127 109.897 1.327
202103 0.885 111.754 1.025
202106 0.852 114.631 0.962
202109 3.655 115.734 4.087
202112 -3.355 117.630 -3.691
202203 0.621 121.301 0.663
202206 1.301 125.017 1.347
202209 8.724 125.227 9.016
202212 -3.546 125.222 -3.665
202303 1.853 127.348 1.883
202306 1.214 128.729 1.221
202309 7.886 129.860 7.859
202312 -3.229 129.419 -3.229

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Berry Global Group  (NYSE:BERY) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Berry Global Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=57.05/5.94
=9.60

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Berry Global Group was 16.04. The lowest was 8.12. And the median was 11.73.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Berry Global Group Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Berry Global Group's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Berry Global Group (Berry Global Group) Business Description

Traded in Other Exchanges
Address
101 Oakley Street, Evansville, IN, USA, 47710
Berry global Group Inc is a leading global supplier of plastic packaging products mainly sold to consumer-oriented end markets. The four business segments are consumer packaging international, consumer packaging North America, engineered materials, and health, hygiene, and specialties. The company primarily uses plastic resin as its raw material, purchased from a variety of suppliers. The majority of revenue comes from consumer packaging international due to the acquisition of RPC, which expanded the geographical areas in which the company operates. The consumer packaging segment consists of closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, polythene films, recycling, containers, and technical components.
Executives
James Till officer: EVP - Controller C/O 101 OAKLEY STREET, EVANSVILLE IN 47710
Mark W Miles officer: Executive Vice President C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Carl J Rickertsen director MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Jason K. Greene officer: EVP - Chief Legal Officer C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Evan Bayh director 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Kevin J. Kwilinski director, officer: Chief Executive Officer 101 OAKLEY STREET, EVANSVILLE IN 47714
William J Norman officer: President C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY STREET, EVANSVILLE IN 47710
Michael Edward Hill officer: President C/O 101 OAKLEY STREET, EVANSVILLE IN 47710
Meredith Harper director 101 OAKLEY STREET, EVANSVILLE IN 47710
Peter T Thomas director 1000 LAKESIDE AVENUE, CLEVELAND OH 44114
Chaney Sheffield director C/O CANYON PARTNERS, LLC, 2000 AVENUE OF THE STARS, 11TH FLOOR, LOS ANGELES CA 90067
Tom Salmon officer: Executive Vice President C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Curt Begle officer: Executive Vice President C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Jill A Rahman director 101 OAKLEY STREET, EVANSVILLE IN 47710
Paula A Sneed director THREE LAKES DRIVE, NORTHFIELD IL 60093