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Hawkins (Hawkins) Cyclically Adjusted FCF per Share : $1.51 (As of Dec. 2023)


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What is Hawkins 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.

Hawkins's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.653. 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 $1.51 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Hawkins's average Cyclically Adjusted FCF Growth Rate was 43.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 7.40% 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 Hawkins was 21.80% per year. The lowest was -7.60% per year. And the median was 6.90% per year.

As of today (2024-04-28), Hawkins's current stock price is $75.78. Hawkins's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.51. Hawkins's Cyclically Adjusted Price-to-FCF of today is 50.19.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hawkins was 51.76. The lowest was 17.04. And the median was 30.61.


Hawkins Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hawkins'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.

Hawkins Cyclically Adjusted FCF per Share Chart

Hawkins Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.91 0.95 1.02 1.15

Hawkins 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 1.05 1.15 1.31 1.49 1.51

Competitive Comparison of Hawkins's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, Hawkins'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.


Hawkins's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hawkins's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hawkins 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, Hawkins'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)
=0.653/129.4194*129.4194
=0.653

Current CPI (Dec. 2023) = 129.4194.

Hawkins Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.373 99.695 0.484
201406 -0.088 100.560 -0.113
201409 0.246 100.428 0.317
201412 0.170 99.070 0.222
201503 -0.040 99.621 -0.052
201506 0.129 100.684 0.166
201509 0.383 100.392 0.494
201512 -0.198 99.792 -0.257
201603 0.260 100.470 0.335
201606 0.386 101.688 0.491
201609 0.455 101.861 0.578
201612 -0.123 101.863 -0.156
201703 0.380 102.862 0.478
201706 -0.872 103.349 -1.092
201709 0.460 104.136 0.572
201712 0.294 104.011 0.366
201803 0.474 105.290 0.583
201806 0.208 106.317 0.253
201809 0.756 106.507 0.919
201812 0.148 105.998 0.181
201903 0.538 107.251 0.649
201906 0.045 108.070 0.054
201909 0.568 108.329 0.679
201912 0.591 108.420 0.705
202003 0.413 108.902 0.491
202006 -0.155 108.767 -0.184
202009 0.721 109.815 0.850
202012 0.065 109.897 0.077
202103 0.452 111.754 0.523
202106 0.598 114.631 0.675
202109 0.970 115.734 1.085
202112 -0.483 117.630 -0.531
202203 -0.411 121.301 -0.439
202206 -1.000 125.017 -1.035
202209 0.915 125.227 0.946
202212 0.672 125.222 0.695
202303 0.800 127.348 0.813
202306 1.285 128.729 1.292
202309 2.317 129.860 2.309
202312 0.653 129.419 0.653

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


Hawkins  (NAS:HWKN) 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.

Hawkins's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=75.78/1.51
=50.19

* 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 Hawkins was 51.76. The lowest was 17.04. And the median was 30.61.


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.


Hawkins Cyclically Adjusted FCF per Share Related Terms

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


Hawkins (Hawkins) Business Description

Industry
Traded in Other Exchanges
Address
2381 Rosegate, Roseville, MN, USA, 55113
Hawkins Inc manufactures and sells a variety of chemicals and ingredients. The firm organizes itself into three segments based on the product type. The industrial segment, which generates the majority of revenue, sells private label bleach, caustic soda, sulfuric acid, hydrochloric acid, phosphoric acid, potassium hydroxide, and aqua ammonia. The water treatment segment sells chemicals and equipment used to treat potable water, municipal and industrial wastewater, industrial process water, and non-residential swimming pool water. The health and nutrition segment sells ingredients to food, beverage, personal care, and dietary supplement producers. The vast majority of revenue comes from the United States.
Executives
Jeffrey P. Oldenkamp officer: CFO, VP and Treasurer 14000 TECHNOLOGY DRIVE, EDEN PRAIRIE MN 55344
Jeffrey E Spethmann director P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
David J. Mangine officer: VP - Industrial Group 2381 ROSEGATE, ROSEVILLE MN 55113
Yi Tang director 2381 ROSEGATE, ROSEVILLE MN 55113
Theresa R Moran officer: VP - Quality & Support 3100 EAST HENNEPIN AVENUE, MINNEAPOLIS MN 55413
Douglas A. Lange officer: Vice President 2381 ROSEGATE, ROSEVILLE MN 55113
Shirley A. Rozeboom officer: VP Health and Nutrition 2381 ROSEGATE, ROSEVILLE MN 55113
Daniel J Stauber director 2381 ROSEGATE, ROSEVILLE MN 55113
Drew M. Grahek officer: Vice President of Operations 2381 ROSEGATE, ROSEVILLE MN 55113
Patrick H. Hawkins officer: President 3100 EAST HENNEPIN AVENUE, MINNEAPOLIS MN 55413
Jeffrey L Wright director
Matthews Steven D Ii officer: VP of Operations 3100 E HENNEPIN AVENUE, MINNEAPOLIS MN 55413
Mary J. Schumacher director 3735 ISLAND VIEW CIRCLE, PRIOR LAKE MN 55372
Richard G Erstad officer: VP, General Counsel & Sec 1300 NICOLLET MALL, SUITE 5003, MINNEAPOLIS MN 55403
John R Sevenich officer: Vice President, Industrial 3100 EAST HENNEPIN AVENUE, MINNEAPOLIS MN 55413