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Britvic (Britvic) Cyclically Adjusted Price-to-FCF : 19.70 (As of Apr. 28, 2024)


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What is Britvic Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Britvic's current share price is $21.67. Britvic's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 was $1.10. Britvic's Cyclically Adjusted Price-to-FCF for today is 19.70.

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

BTVCY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.41   Med: 21.6   Max: 31.97
Current: 19.14

During the past 13 years, Britvic's highest Cyclically Adjusted Price-to-FCF was 31.97. The lowest was 14.41. And the median was 21.60.

BTVCY's Cyclically Adjusted Price-to-FCF is ranked better than
56.86% of 51 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 21.17 vs BTVCY: 19.14

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.

Britvic's adjusted free cash flow per share data of for the fiscal year that ended in Sep23 was $1.535. 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 $1.10 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Britvic Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Britvic'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.

Britvic Cyclically Adjusted Price-to-FCF Chart

Britvic Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.60 24.20 23.95 16.96 19.18

Britvic Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 23.95 - 16.96 - 19.18

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

For the Beverages - Non-Alcoholic subindustry, Britvic'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.


Britvic's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Britvic's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Britvic 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=21.67/1.1
=19.70

* 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.

Britvic's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Britvic's adjusted Free Cash Flow per Share data for the fiscal year that ended in Sep23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=1.535/130.1000*130.1000
=1.535

Current CPI (Sep23) = 130.1000.

Britvic Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 1.166 100.000 1.517
201509 1.289 100.200 1.674
201609 0.109 101.500 0.140
201709 0.518 104.300 0.646
201809 0.623 106.600 0.760
201909 1.023 108.400 1.228
202009 1.152 109.200 1.372
202109 1.629 112.400 1.886
202209 1.315 122.300 1.399
202309 1.535 130.100 1.535

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.


Britvic  (OTCPK:BTVCY) 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.


Britvic Cyclically Adjusted Price-to-FCF Related Terms

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


Britvic (Britvic) Business Description

Traded in Other Exchanges
Address
Breakspear Way, Breakspear Park, Hemel Hempstead, Hertfordshire, GBR, HP2 4TZ
Britvic PLC manufactures and sells nonalcoholic beverages, predominantly in Great Britain, France, and Ireland. In Great Britain and Ireland, the company sells PepsiCo brands in addition to its own Britvic brands. Britvic brands include Robinsons, J2O, Tango, Fruit Shoot and others. In France, it sells its own brands, including Teisseire, as well as private-label juices and syrups. The company also has a small international business that sells in dozens of countries, including India, the United States, and Brazil, where Britvic bought the Ebba company and now owns the Maguary and Dafruta brands. Majority of the company's total revenue is from sales in Great Britain. Britvic predominantly distributes its products to supermarkets.

Britvic (Britvic) Headlines

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