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Premium Brands Holdings (TSX:PBH) Cyclically Adjusted FCF per Share : C$0.00 (As of Mar. 2024)


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What is Premium 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.

Premium Brands Holdings's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$-1.567. 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 C$0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Premium Brands Holdings's average Cyclically Adjusted FCF Growth Rate was 12.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -9.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -3.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 5.30% 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 Premium Brands Holdings was 69.20% per year. The lowest was -9.50% per year. And the median was 12.45% per year.

As of today (2024-05-15), Premium Brands Holdings's current stock price is C$92.81. Premium Brands Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.00. Premium Brands Holdings's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Premium Brands Holdings was 142.78. The lowest was 28.58. And the median was 76.73.


Premium Brands Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Premium 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.

Premium Brands Holdings Cyclically Adjusted FCF per Share Chart

Premium Brands Holdings 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 1.22 1.39 1.26 0.92 1.03

Premium Brands Holdings 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 1.01 0.79 1.13 1.03 -

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

For the Packaged Foods subindustry, Premium 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.


Premium 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, Premium Brands Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Premium 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, Premium Brands Holdings'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)
=-1.567/125.4675*125.4675
=-1.567

Current CPI (Mar. 2024) = 125.4675.

Premium Brands Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.669 99.473 -0.844
201409 -0.666 99.394 -0.841
201412 0.254 98.367 0.324
201503 0.325 99.789 0.409
201506 0.279 100.500 0.348
201509 0.858 100.421 1.072
201512 0.079 99.947 0.099
201603 0.920 101.054 1.142
201606 0.865 102.002 1.064
201609 1.334 101.765 1.645
201612 0.584 101.449 0.722
201703 0.599 102.634 0.732
201706 -0.338 103.029 -0.412
201709 0.535 103.345 0.650
201712 -0.093 103.345 -0.113
201803 -0.752 105.004 -0.899
201806 1.248 105.557 1.483
201809 1.293 105.636 1.536
201812 0.148 105.399 0.176
201903 -0.278 106.979 -0.326
201906 0.313 107.690 0.365
201909 2.447 107.611 2.853
201912 -0.448 107.769 -0.522
202003 -1.333 107.927 -1.550
202006 2.360 108.401 2.732
202009 2.954 108.164 3.427
202012 -0.488 108.559 -0.564
202103 -0.280 110.298 -0.319
202106 -0.523 111.720 -0.587
202109 0.514 112.905 0.571
202112 -1.461 113.774 -1.611
202203 -2.105 117.646 -2.245
202206 -2.862 120.806 -2.972
202209 0.672 120.648 0.699
202212 1.350 120.964 1.400
202303 0.258 122.702 0.264
202306 -1.496 124.203 -1.511
202309 3.152 125.230 3.158
202312 -1.146 125.468 -1.146
202403 -1.567 125.468 -1.567

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


Premium Brands Holdings  (TSX:PBH) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Premium Brands Holdings was 142.78. The lowest was 28.58. And the median was 76.73.


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.


Premium Brands Holdings Cyclically Adjusted FCF per Share Related Terms

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Premium Brands Holdings (TSX:PBH) Business Description

Traded in Other Exchanges
Address
100 - 10991 Shellbridge Way, Richmond, BC, CAN, V6X 3C6
Premium Brands Holdings Corp is engaged in specialty food manufacturing, premium food distribution, and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, and Washington State. The company's business segments include Specialty Foods, Premium Food Distribution, and Corporate. The Specialty Foods segment consists of its specialty food manufacturing businesses, which contributes about two-thirds of the group revenue; the Premium Food Distribution segment consists of the company's distribution and wholesale businesses; the Corporate segment includes the company's head office activities along with its finance and information systems. Its geographical segments are the United States and Canada.