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United Natural Foods (United Natural Foods) Cyclically Adjusted FCF per Share : $2.77 (As of Jan. 2024)


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What is United Natural Foods 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.

United Natural Foods's adjusted free cash flow per share for the three months ended in Jan. 2024 was $1.953. 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 $2.77 for the trailing ten years ended in Jan. 2024.

During the past 12 months, United Natural Foods's average Cyclically Adjusted FCF Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 25.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 25.80% 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 United Natural Foods was 48.70% per year. The lowest was -37.90% per year. And the median was 25.35% per year.

As of today (2024-04-27), United Natural Foods's current stock price is $9.13. United Natural Foods's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $2.77. United Natural Foods's Cyclically Adjusted Price-to-FCF of today is 3.30.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of United Natural Foods was 2082.50. The lowest was 3.20. And the median was 19.45.


United Natural Foods Cyclically Adjusted FCF per Share Historical Data

The historical data trend for United Natural Foods'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.

United Natural Foods Cyclically Adjusted FCF per Share Chart

United Natural Foods Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.42 1.99 2.19 2.82

United Natural Foods Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.58 2.73 2.82 2.50 2.77

Competitive Comparison of United Natural Foods's Cyclically Adjusted FCF per Share

For the Food Distribution subindustry, United Natural Foods'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.


United Natural Foods's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, United Natural Foods's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



United Natural Foods 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, United Natural Foods's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1.953/129.4194*129.4194
=1.953

Current CPI (Jan. 2024) = 129.4194.

United Natural Foods Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.329 100.023 -0.426
201407 0.875 100.520 1.127
201410 -2.517 100.176 -3.252
201501 0.339 98.604 0.445
201504 0.086 99.824 0.111
201507 0.486 100.691 0.625
201510 -0.042 100.346 -0.054
201601 2.108 99.957 2.729
201604 1.437 100.947 1.842
201607 1.558 101.524 1.986
201610 -0.325 101.988 -0.412
201701 1.787 102.456 2.257
201704 0.962 103.167 1.207
201707 1.848 103.278 2.316
201710 -0.891 104.070 -1.108
201801 0.522 104.578 0.646
201804 -0.827 105.708 -1.013
201807 2.463 106.324 2.998
201810 -2.440 106.695 -2.960
201901 1.360 106.200 1.657
201904 -0.108 107.818 -0.130
201907 2.222 108.250 2.657
201910 -3.381 108.577 -4.030
202001 2.389 108.841 2.841
202004 6.837 108.173 8.180
202007 -0.758 109.318 -0.897
202010 -1.793 109.861 -2.112
202101 3.615 110.364 4.239
202104 0.926 112.673 1.064
202107 2.184 115.183 2.454
202110 -2.242 116.696 -2.486
202201 1.213 118.619 1.323
202204 -2.069 121.978 -2.195
202207 4.410 125.002 4.566
202210 -5.341 125.734 -5.498
202301 7.344 126.223 7.530
202304 1.076 127.992 1.088
202307 1.957 128.974 1.964
202310 -5.588 129.810 -5.571
202401 1.953 129.419 1.953

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


United Natural Foods  (NYSE:UNFI) 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.

United Natural Foods's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.13/2.77
=3.30

* 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 United Natural Foods was 2082.50. The lowest was 3.20. And the median was 19.45.


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.


United Natural Foods Cyclically Adjusted FCF per Share Related Terms

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


United Natural Foods (United Natural Foods) Business Description

Traded in Other Exchanges
Address
313 Iron Horse Way, Providence, RI, USA, 02908
United Natural Foods Inc is a wholesale distributor of natural, organic and specialty foods and nonfood products across North America. The company's products consist of national, regional and private label brands grouped into grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care items. United Natural Foods serves various retail formats including conventional supermarket chains, natural product superstores, independent retail operators and foodservice channels such as e-commerce platforms. The company's operations are comprised of principal divisions: the wholesale division; the retail division; and other.
Executives
Andre Persaud officer: President and CEO, Retail 30 HUNTER LANE, CAMP HILL PA 17011
Bates Ann Torre director 300 CONTINENTAL DRIVE, NEWARK DE 19713
John W Howard officer: Interim CFO 313 IRON HORSE WAY, PROVIDENCE RI 02908
Douglas J Alexander Jr director, officer: Chief Executive Officer 3925 BROOKSIDE PARKWAY, ALPHARETTA GA 30022
Lynn S. Blake director 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE INVESTMENTS, INC., NEW YORK NY 10119
James M Loree director 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
James C Pappas director 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Erin Horvath officer: COO 313 IRON HORSE WAY, C/O IRON HORSE WAY, PROVIDENCE RI 02908
Danielle Benedict officer: SVP, Human Resources 313 IRON HORSE WAY, PROVIDENCE RI 02908
Christopher P. Testa officer: President, Blue Marble Brands C/O UNITED NATURAL FOODS, INC., 313 IRON HORSE WAY, PROVIDENCE RI 02908
Richard Eric Esper officer: Chief Accounting Officer 8501 WILLIAMS ROAD, ESTERO FL 33928
Mahrukh Hussain officer: General Counsel and Corp. Sec. 313 IRON HORSE WAY, PROVIDENCE RI 02908
Louis Anthony Martin officer: CSTO 313 IRON HORSE WAY, PROVIDENCE RI 02908
Matthew T Echols officer: CCAO 313 IRON HORSE WAY, PROVIDENCE RI 02908
Mohammad Shamim director 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238

United Natural Foods (United Natural Foods) Headlines

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