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Pilgrims Pride (Pilgrims Pride) Cyclically Adjusted FCF per Share : $1.82 (As of Mar. 2024)


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What is Pilgrims Pride 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.

Pilgrims Pride's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.685. 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 $1.82 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pilgrims Pride's average Cyclically Adjusted FCF Growth Rate was -9.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.50% per year. During the past 5 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 Pilgrims Pride was 247.60% per year. The lowest was -55.30% per year. And the median was 7.85% per year.

As of today (2024-05-15), Pilgrims Pride's current stock price is $38.50. Pilgrims Pride's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.82. Pilgrims Pride's Cyclically Adjusted Price-to-FCF of today is 21.15.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Pilgrims Pride was 1181.67. The lowest was 9.49. And the median was 16.71.


Pilgrims Pride Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Pilgrims Pride'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.

Pilgrims Pride Cyclically Adjusted FCF per Share Chart

Pilgrims Pride 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 1.44 1.70 1.94 2.09 1.83

Pilgrims Pride 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 2.00 1.93 1.88 1.83 1.82

Competitive Comparison of Pilgrims Pride's Cyclically Adjusted FCF per Share

For the Packaged Foods subindustry, Pilgrims Pride'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.


Pilgrims Pride's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pilgrims Pride's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Pilgrims Pride 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, Pilgrims Pride'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)
=0.685/129.4194*129.4194
=0.685

Current CPI (Mar. 2024) = 129.4194.

Pilgrims Pride Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.684 100.560 0.880
201409 1.332 100.428 1.717
201412 0.864 99.070 1.129
201503 1.014 99.621 1.317
201506 0.912 100.684 1.172
201509 0.871 100.392 1.123
201512 0.406 99.792 0.527
201603 0.582 100.470 0.750
201606 0.183 101.688 0.233
201609 0.533 101.861 0.677
201612 0.491 101.863 0.624
201703 -0.222 102.862 -0.279
201706 0.767 103.349 0.960
201709 0.902 104.136 1.121
201712 0.407 104.011 0.506
201803 -0.305 105.290 -0.375
201806 0.903 106.317 1.099
201809 0.179 106.507 0.218
201812 -0.202 105.998 -0.247
201903 0.130 107.251 0.157
201906 0.774 108.070 0.927
201909 0.204 108.329 0.244
201912 0.167 108.420 0.199
202003 -0.225 108.902 -0.267
202006 0.197 108.767 0.234
202009 1.118 109.815 1.318
202012 0.426 109.897 0.502
202103 -1.008 111.754 -1.167
202106 0.726 114.631 0.820
202109 0.473 115.734 0.529
202112 -0.415 117.630 -0.457
202203 0.595 121.301 0.635
202206 0.330 125.017 0.342
202209 0.932 125.227 0.963
202212 -1.119 125.222 -1.157
202303 -1.237 127.348 -1.257
202306 0.405 128.729 0.407
202309 0.693 129.860 0.691
202312 0.702 129.419 0.702
202403 0.685 129.419 0.685

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


Pilgrims Pride  (NAS:PPC) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=38.50/1.82
=21.15

* 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 Pilgrims Pride was 1181.67. The lowest was 9.49. And the median was 16.71.


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.


Pilgrims Pride Cyclically Adjusted FCF per Share Related Terms

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


Pilgrims Pride (Pilgrims Pride) Business Description

Traded in Other Exchanges
Address
1770 Promontory Circle, Greeley, CO, USA, 80634-9038
Pilgrim's Pride is the second-largest poultry producer in the U.S. (62% of 2022 sales), the U.K. (28% including other European sales), and Mexico (11%). Its U.K. and European arm also includes pork operations from the 2019 acquisition of Tulip. Pilgrim's sells to chain restaurants, food processors, food distributors, and retail chains. Most of its U.S. and Mexican sales come from fresh chicken, while prepared chicken and pork constitute most of its U.K. and European sales. JBS owns more than 80% of Pilgrim's Pride's outstanding shares, though it failed to acquire the remaining stake in 2021 after a special board committee deemed JBS' offer undervalued Pilgrim's Pride.
Executives
Batista Filho Wesley Mendonca director 1770 PROMONTORY CIRCLE, GREELEY CO 80634
Matthew R Galvanoni officer: Chief Financial Officer 5 WESTBROOK CORPORATE CENTER, WESTBROOK IL 60154
Fabio Sandri officer: Chief Financial Officer 1770 PROMONTORY CIRCLE, GREELEY CO 80634-9038
Raul Padilla director C/O BUNGE LTD, 50 MAIN STREET, WHITE PLAINS NY 10606
Maestri Karoleski Joanita Maria director C/O PILGRIM'S PRIDE CORP, 1770 PROMONTORY CIRCLE, GREELEY CO 80634
Ajay Menon director C/O CONVERA CORPORATION, 1921 GALLOWS RD., VIENNA VA 22182
Jayson Penn officer: CEO 1770 PROMONTORY CIRCLE, GREELEY CO 80634
Arquimedes Celis director 1770 PROMONTORY CIRCLE, GREELEY CO 80634
Farha Aslam director 1770 N PROMOTORY CIRCLE, GREELEY CO 80634
William W Lovette director, officer: CEO and President 2210 WEST OAKLAWN DRIVE, SPRINGDALE AR 72762
Michael L. Cooper director 4845 US HIGHWAY 271N, PITTSBURG TX 75686
Vasconcellos Wallim Cruz De Jr director 116 RUA VISCONDE DE ITAUNA, 116, RIO DE JANEIRO D5 22460140
David E Bell director C/O BOSTON ACOUSTICS, INC., 300 JUBILEE DRIVE, PEABODY MA 01960
Charles Macaluso director
Denilson Molina director 1770 PROMONTORY CIRCLE, GREELEY CO 80634