GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » International Meal Co Alimentacao SA (BSP:MEAL3) » Definitions » Cyclically Adjusted FCF per Share

International Meal Co Alimentacao (BSP:MEAL3) Cyclically Adjusted FCF per Share : R$-0.25 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is International Meal Co Alimentacao 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.

International Meal Co Alimentacao's adjusted free cash flow per share for the three months ended in Dec. 2023 was R$-0.013. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is R$-0.25 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.90% 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 International Meal Co Alimentacao was 8.20% per year. The lowest was 6.90% per year. And the median was 7.55% per year.

As of today (2024-05-14), International Meal Co Alimentacao's current stock price is R$1.50. International Meal Co Alimentacao's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$-0.25. International Meal Co Alimentacao's Cyclically Adjusted Price-to-FCF of today is .


International Meal Co Alimentacao Cyclically Adjusted FCF per Share Historical Data

The historical data trend for International Meal Co Alimentacao'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.

International Meal Co Alimentacao Cyclically Adjusted FCF per Share Chart

International Meal Co Alimentacao 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 -0.31 -0.31 -0.21 -0.24 -0.25

International Meal Co Alimentacao 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 -0.24 -0.23 -0.23 -0.24 -0.25

Competitive Comparison of International Meal Co Alimentacao's Cyclically Adjusted FCF per Share

For the Restaurants subindustry, International Meal Co Alimentacao'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.


International Meal Co Alimentacao's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, International Meal Co Alimentacao's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where International Meal Co Alimentacao's Cyclically Adjusted Price-to-FCF falls into.



International Meal Co Alimentacao 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, International Meal Co Alimentacao'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)
=-0.013/156.2729*156.2729
=-0.013

Current CPI (Dec. 2023) = 156.2729.

International Meal Co Alimentacao Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.163 90.447 -0.282
201406 0.008 91.838 0.014
201409 0.084 92.602 0.142
201412 -0.141 94.194 -0.234
201503 -0.008 97.799 -0.013
201506 0.121 100.006 0.189
201509 0.161 101.392 0.248
201512 -0.168 104.247 -0.252
201603 -0.045 106.979 -0.066
201606 -0.189 108.851 -0.271
201609 0.135 109.986 0.192
201612 -0.052 110.802 -0.073
201703 -0.098 111.869 -0.137
201706 0.163 112.115 0.227
201709 0.103 112.777 0.143
201712 -0.143 114.068 -0.196
201803 -0.090 114.868 -0.122
201806 -0.049 117.038 -0.065
201809 0.162 117.881 0.215
201812 -0.035 118.340 -0.046
201903 -0.006 120.124 -0.008
201906 0.099 120.977 0.128
201909 0.064 121.292 0.082
201912 0.011 123.436 0.014
202003 -0.368 124.092 -0.463
202006 -0.423 123.557 -0.535
202009 -0.038 125.095 -0.047
202012 -0.189 129.012 -0.229
202103 -0.049 131.660 -0.058
202106 0.124 133.871 0.145
202109 0.050 137.913 0.057
202112 -0.346 141.992 -0.381
202203 0.008 146.537 0.009
202206 0.008 149.784 0.008
202209 -0.132 147.800 -0.140
202212 -0.536 150.207 -0.558
202303 -0.103 153.352 -0.105
202306 0.004 154.519 0.004
202309 0.017 155.464 0.017
202312 -0.013 156.273 -0.013

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


International Meal Co Alimentacao  (BSP:MEAL3) 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.


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.


International Meal Co Alimentacao Cyclically Adjusted FCF per Share Related Terms

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


International Meal Co Alimentacao (BSP:MEAL3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida das Nacoes Unidas, 4.777, 12th Floor, Jardim Universidade Pinheiros, Sao Paulo, SP, BRA, 5477902
International Meal Co Alimentacao SA is a Brazil-based company principally engaged in the sale of food and beverages to restaurants, snack bars, coffee shops, cafes on motorways, airports, shopping malls, and airline catering services. It also subleases stores and spaces for promotional and commercial purposes in its store chain, upon the sale of fuel, and provides general services related to these segments. The company operates in five segments: Shopping malls, Airports, Highways, the United States of America (USA), and Others. Some of its brands are Viena, Olive Garden, Margaritaville, KFC Brazil, and Pizza Hut Brazil. Its geographical segments are Brazil, The Caribbean, and the USA.

International Meal Co Alimentacao (BSP:MEAL3) Headlines

No Headlines