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Altria Group (BSP:MOOO34) Cyclically Adjusted Price-to-FCF : 10.41 (As of Apr. 29, 2024)


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What is Altria Group Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Altria Group's current share price is R$222.00. Altria Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$21.33. Altria Group's Cyclically Adjusted Price-to-FCF for today is 10.41.

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

BSP:MOOO34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.44   Med: 15.54   Max: 33.08
Current: 10.2

During the past years, Altria Group's highest Cyclically Adjusted Price-to-FCF was 33.08. The lowest was 9.44. And the median was 15.54.

BSP:MOOO34's Cyclically Adjusted Price-to-FCF is ranked better than
50% of 24 companies
in the Tobacco Products industry
Industry Median: 10.585 vs BSP:MOOO34: 10.20

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.

Altria Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$8.050. 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 R$21.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altria Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Altria Group'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.

Altria Group Cyclically Adjusted Price-to-FCF Chart

Altria Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.87 13.79 13.81 11.83 9.54

Altria Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.19 11.00 10.11 9.54 10.25

Competitive Comparison of Altria Group's Cyclically Adjusted Price-to-FCF

For the Tobacco subindustry, Altria Group'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.


Altria Group's Cyclically Adjusted Price-to-FCF Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Altria Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Altria Group 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=222.00/21.33
=10.41

* 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.

Altria Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Altria Group'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)
=8.05/129.4194*129.4194
=8.050

Current CPI (Mar. 2024) = 129.4194.

Altria Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.580 100.560 -2.033
201409 2.656 100.428 3.423
201412 2.088 99.070 2.728
201503 3.915 99.621 5.086
201506 -2.065 100.684 -2.654
201509 5.542 100.392 7.144
201512 3.342 99.792 4.334
201603 5.089 100.470 6.555
201606 -2.945 101.688 -3.748
201609 3.985 101.861 5.063
201612 0.405 101.863 0.515
201703 4.261 102.862 5.361
201706 -1.347 103.349 -1.687
201709 3.499 104.136 4.349
201712 1.228 104.011 1.528
201803 4.792 105.290 5.890
201806 2.000 106.317 2.435
201809 5.795 106.507 7.042
201812 3.553 105.998 4.338
201903 4.613 107.251 5.567
201906 0.128 108.070 0.153
201909 6.177 108.329 7.380
201912 5.457 108.420 6.514
202003 8.092 108.902 9.617
202006 4.920 108.767 5.854
202009 2.446 109.815 2.883
202012 6.841 109.897 8.056
202103 9.146 111.754 10.592
202106 -1.055 114.631 -1.191
202109 8.638 115.734 9.659
202112 8.009 117.630 8.812
202203 8.294 121.301 8.849
202206 -1.540 125.017 -1.594
202209 8.779 125.227 9.073
202212 7.496 125.222 7.747
202303 8.542 127.348 8.681
202306 0.207 128.729 0.208
202309 8.111 129.860 8.084
202312 8.796 129.419 8.796
202403 8.050 129.419 8.050

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.


Altria Group  (BSP:MOOO34) 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.


Altria Group Cyclically Adjusted Price-to-FCF Related Terms

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


Altria Group (BSP:MOOO34) Business Description

Address
6601 West Broad Street, Richmond, VA, USA, 23230
Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Horizon Innovations and Helix Innovations. It holds a 10% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the U.S. with a 42% annual share in 2022. Altria holds a 42% stake in cannabis manufacturer Cronos, has acquired Njoy Holdings in 2023, and recently exited its strategic investment in Juul Labs.

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