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Adecoagro (Adecoagro) Cyclically Adjusted Price-to-FCF : 28.33 (As of Apr. 28, 2024)


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What is Adecoagro Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Adecoagro's current share price is $11.05. Adecoagro's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $0.39. Adecoagro's Cyclically Adjusted Price-to-FCF for today is 28.33.

The historical rank and industry rank for Adecoagro's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

AGRO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.21   Med: 38.64   Max: 445
Current: 28.04

During the past years, Adecoagro's highest Cyclically Adjusted Price-to-FCF was 445.00. The lowest was 25.21. And the median was 38.64.

AGRO's Cyclically Adjusted Price-to-FCF is ranked worse than
58.11% of 697 companies
in the Consumer Packaged Goods industry
Industry Median: 23.47 vs AGRO: 28.04

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.

Adecoagro's adjusted free cash flow per share data for the three months ended in Sep. 2023 was $1.576. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.39 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adecoagro Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Adecoagro's Cyclically Adjusted Price-to-FCF 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.

Adecoagro Cyclically Adjusted Price-to-FCF Chart

Adecoagro Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 38.17

Adecoagro Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted Price-to-FCF 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 382.53 38.17 53.93 43.34 29.67

Competitive Comparison of Adecoagro's Cyclically Adjusted Price-to-FCF

For the Farm Products subindustry, Adecoagro'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.


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

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

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



Adecoagro Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Adecoagro's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.05/0.39
=28.33

* 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.

Adecoagro's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Adecoagro's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.576/121.7400*121.7400
=1.576

Current CPI (Sep. 2023) = 121.7400.

Adecoagro Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.144 99.440 -0.176
201403 -0.587 99.740 -0.716
201406 -0.577 99.960 -0.703
201409 -0.277 99.900 -0.338
201412 -0.084 98.830 -0.103
201503 -0.174 99.980 -0.212
201506 -0.235 100.640 -0.284
201509 -0.125 100.380 -0.152
201512 0.539 99.910 0.657
201603 -0.200 100.030 -0.243
201606 -0.221 100.660 -0.267
201609 -0.063 100.750 -0.076
201612 1.379 101.040 1.662
201703 -0.551 101.780 -0.659
201706 0.087 102.170 0.104
201709 0.087 102.520 0.103
201712 0.686 102.410 0.815
201803 -0.582 102.900 -0.689
201806 -0.148 103.650 -0.174
201809 0.250 104.580 0.291
201812 0.491 104.320 0.573
201903 -0.812 105.140 -0.940
201906 -0.120 105.550 -0.138
201909 0.567 105.900 0.652
201912 0.818 106.080 0.939
202003 -0.165 106.040 -0.189
202006 -0.140 106.340 -0.160
202009 0.367 106.620 0.419
202012 0.615 106.670 0.702
202103 -0.713 108.140 -0.803
202106 0.460 108.680 0.515
202109 0.598 109.470 0.665
202112 0.843 111.090 0.924
202203 -0.921 114.780 -0.977
202206 0.131 116.750 0.137
202209 0.356 117.000 0.370
202212 1.717 117.060 1.786
202303 -1.241 118.910 -1.271
202306 0.319 120.460 0.322
202309 1.576 121.740 1.576

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


Adecoagro  (NYSE:AGRO) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Adecoagro Cyclically Adjusted Price-to-FCF Related Terms

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


Adecoagro (Adecoagro) Business Description

Traded in Other Exchanges
Address
6, Rue Eugene Ruppert, Vertigo Naos Building, Luxembourg, LUX, L-2453
Adecoagro SA is a Luxembourg-based agricultural company. It is involved in a wide range of businesses, including farming crops and other agricultural products, dairy operations, sugar, ethanol, energy production, and land transformation. The company operates through three segments namely Farming, Sugar, Ethanol and Energy, and Land Transformation. The Farming segment consists of planting, harvesting, and sale of grains, oilseeds and fibers, rice, and production and sale of dairy products; the Sugar, Ethanol, and Energy segment consists of cultivating sugar cane which is processed in owned sugar mills, transformed into ethanol; and the Land Transformation segment comprises identification and acquisition of underdeveloped and undermanaged farmland.