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Molson Coors Beverage Co (BSP:M1CB34) Cyclically Adjusted FCF per Share : R$28.08 (As of Mar. 2024)


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What is Molson Coors Beverage Co 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.

Molson Coors Beverage Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$-4.401. 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 R$28.08 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Molson Coors Beverage Co's average Cyclically Adjusted FCF Growth Rate was 1.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.10% 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 Molson Coors Beverage Co was 67.10% per year. The lowest was -5.90% per year. And the median was 11.85% per year.

As of today (2024-05-16), Molson Coors Beverage Co's current stock price is R$337.80. Molson Coors Beverage Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$28.08. Molson Coors Beverage Co's Cyclically Adjusted Price-to-FCF of today is 12.03.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Molson Coors Beverage Co was 33.92. The lowest was 6.40. And the median was 13.78.


Molson Coors Beverage Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Molson Coors Beverage Co'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.

Molson Coors Beverage Co Cyclically Adjusted FCF per Share Chart

Molson Coors Beverage Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 27.42 31.27 32.87 29.36

Molson Coors Beverage Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 29.72 28.17 29.05 29.36 28.08

Competitive Comparison of Molson Coors Beverage Co's Cyclically Adjusted FCF per Share

For the Beverages - Brewers subindustry, Molson Coors Beverage Co'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.


Molson Coors Beverage Co's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where Molson Coors Beverage Co's Cyclically Adjusted Price-to-FCF falls into.



Molson Coors Beverage Co 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, Molson Coors Beverage Co'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)
=-4.401/131.7762*131.7762
=-4.401

Current CPI (Mar. 2024) = 131.7762.

Molson Coors Beverage Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 4.393 100.560 5.757
201409 5.216 100.428 6.844
201412 2.346 99.070 3.120
201503 -4.644 99.621 -6.143
201506 5.583 100.684 7.307
201509 4.457 100.392 5.850
201512 3.555 99.792 4.694
201603 -2.874 100.470 -3.770
201606 5.075 101.688 6.577
201609 4.219 101.861 5.458
201612 5.343 101.863 6.912
201703 -4.309 102.862 -5.520
201706 11.616 103.349 14.811
201709 3.109 104.136 3.934
201712 8.938 104.011 11.324
201803 1.618 105.290 2.025
201806 14.628 106.317 18.131
201809 6.709 106.507 8.301
201812 6.799 105.998 8.452
201903 -5.250 107.251 -6.451
201906 14.470 108.070 17.644
201909 5.961 108.329 7.251
201912 8.943 108.420 10.870
202003 -5.484 108.902 -6.636
202006 22.905 108.767 27.750
202009 8.013 109.815 9.615
202012 1.996 109.897 2.393
202103 -7.605 111.754 -8.968
202106 19.180 114.631 22.049
202109 8.920 115.734 10.156
202112 3.805 117.630 4.263
202203 -8.296 121.301 -9.012
202206 14.860 125.017 15.663
202209 7.439 125.227 7.828
202212 6.146 125.222 6.468
202303 -4.267 127.348 -4.415
202306 16.431 128.729 16.820
202309 12.508 129.860 12.693
202312 6.727 129.419 6.850
202403 -4.401 131.776 -4.401

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


Molson Coors Beverage Co  (BSP:M1CB34) 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.

Molson Coors Beverage Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=337.80/28.08
=12.03

* 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 Molson Coors Beverage Co was 33.92. The lowest was 6.40. And the median was 13.78.


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.


Molson Coors Beverage Co Cyclically Adjusted FCF per Share Related Terms

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


Molson Coors Beverage Co (BSP:M1CB34) Business Description

Traded in Other Exchanges
Address
NH353, P.O. Box 4030, Golden, CO, USA, 80401
Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling, and ranks as the second largest beer maker in both value and volume terms in the U.S., Canada, and the United Kingdom. Through licensing agreements, it also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The company uses independent distributors in the U.S. given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market contributing over 80% of total revenue.

Molson Coors Beverage Co (BSP:M1CB34) Headlines

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