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Spectrum Brands Holdings (Spectrum Brands Holdings) Cyclically Adjusted FCF per Share : $10.33 (As of Dec. 2023)


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What is Spectrum Brands Holdings 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.

Spectrum Brands Holdings's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.372. 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 $10.33 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Spectrum Brands Holdings's average Cyclically Adjusted FCF Growth Rate was -24.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -11.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -3.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.40% 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 Spectrum Brands Holdings was 97.40% per year. The lowest was -11.80% per year. And the median was 14.90% per year.

As of today (2024-04-27), Spectrum Brands Holdings's current stock price is $82.57. Spectrum Brands Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $10.33. Spectrum Brands Holdings's Cyclically Adjusted Price-to-FCF of today is 7.99.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Spectrum Brands Holdings was 35.07. The lowest was 2.08. And the median was 7.49.


Spectrum Brands Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Spectrum Brands Holdings'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.

Spectrum Brands Holdings Cyclically Adjusted FCF per Share Chart

Spectrum Brands Holdings 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 13.17 14.47 15.59 13.27 9.94

Spectrum Brands Holdings 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 13.75 14.11 13.52 9.94 10.33

Competitive Comparison of Spectrum Brands Holdings's Cyclically Adjusted FCF per Share

For the Household & Personal Products subindustry, Spectrum Brands Holdings'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.


Spectrum Brands Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

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

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



Spectrum Brands Holdings 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, Spectrum Brands Holdings'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)
=-0.372/129.4194*129.4194
=-0.372

Current CPI (Dec. 2023) = 129.4194.

Spectrum Brands Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.901 99.695 -1.170
201406 7.915 100.560 10.187
201409 16.656 100.428 21.464
201412 -6.191 99.070 -8.088
201503 -3.698 99.621 -4.804
201506 2.639 100.684 3.392
201509 14.280 100.392 18.409
201512 -3.358 99.792 -4.355
201603 1.582 100.470 2.038
201606 11.834 101.688 15.061
201609 16.075 101.861 20.424
201612 1.867 101.863 2.372
201703 0.390 102.862 0.491
201706 3.313 103.349 4.149
201709 17.991 104.136 22.359
201712 -2.488 104.011 -3.096
201803 -4.394 105.290 -5.401
201806 3.381 106.317 4.116
201809 7.776 106.507 9.449
201812 -6.094 105.998 -7.441
201903 -4.544 107.251 -5.483
201906 1.721 108.070 2.061
201909 8.947 108.329 10.689
201912 -4.516 108.420 -5.391
202003 -0.020 108.902 -0.024
202006 4.796 108.767 5.707
202009 5.951 109.815 7.013
202012 -2.737 109.897 -3.223
202103 0.500 111.754 0.579
202106 1.857 114.631 2.097
202109 5.943 115.734 6.646
202112 -6.906 117.630 -7.598
202203 1.324 121.301 1.413
202206 1.159 125.017 1.200
202209 1.623 125.227 1.677
202212 -1.814 125.222 -1.875
202303 5.510 127.348 5.600
202306 -2.270 128.729 -2.282
202309 -14.727 129.860 -14.677
202312 -0.372 129.419 -0.372

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


Spectrum Brands Holdings  (NYSE:SPB) 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.

Spectrum Brands Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=82.57/10.33
=7.99

* 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 Spectrum Brands Holdings was 35.07. The lowest was 2.08. And the median was 7.49.


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.


Spectrum Brands Holdings Cyclically Adjusted FCF per Share Related Terms

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


Spectrum Brands Holdings (Spectrum Brands Holdings) Business Description

Traded in Other Exchanges
Address
3001 Deming Way, Middleton, WI, USA, 53562
Spectrum Brands Holdings Inc is consumer products and home essentials company. The company is a supplier of consumer batteries, residential locksets, residential builders' hardware, grooming products and personal care products. The company manages the businesses in product-focused segments; Home and Personal Care, global Pet Care, Home and Garden. The Company manufactures, markets and distributes its products globally in the North America, Europe, Middle East & Africa, Latin America, and Asia-Pacific.
Executives
David M Maura director, officer: Executive Chairman and CEO C/O MOSAIC ACQUISITION CORP., 375 PARK AVENUE, NEW YORK NY 10152
Ehsan Zargar officer: EVP, GC & Corporate Secretary C/O HRG GROUP, INC., 450 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10022
Joan Kai Chow director 215 W DIEHL ROAD, NAPERVILLE IL 60563
Leslie Lloyd Campbell director C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Daniel L Karpel officer: VP, Corporate Controller & CAO 3001 DEMING WAY, MIDDLETON WI 53562
Jeremy W Smeltser officer: EVP & CFO 13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Rebeckah Long officer: SVP & Global HR C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Randal D. Lewis officer: EVP & COO C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Sherianne James director C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Hugh R Rovit director C/O ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Terry Polistina director 5980 MIAMI LAKES DRIVE, MIAMI LAKES FL 33014
Anne Sempowski Ward director C/O VANDA PHARMACEUTICALS INC., 2200 PENNSYLVANIA AVENUE, SUITE 300E, WASHINGTON DC 20037
Gautam Patel director C/O AMNEAL PHARMACEUTICALS LLC, 400 CROSSING BLVD, BRIDGEWATER NJ 08807
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
David Harris director 237 PARK AVENUE - SUITE 900, NEW YORK NY 10017