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Ingles Markets (Ingles Markets) Cyclically Adjusted Price-to-FCF : 14.09 (As of Apr. 27, 2024)


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What is Ingles Markets Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Ingles Markets's current share price is $72.71. Ingles Markets's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $5.16. Ingles Markets's Cyclically Adjusted Price-to-FCF for today is 14.09.

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

IMKTA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.12   Med: 22.88   Max: 328.64
Current: 14.13

During the past years, Ingles Markets's highest Cyclically Adjusted Price-to-FCF was 328.64. The lowest was 14.12. And the median was 22.88.

IMKTA's Cyclically Adjusted Price-to-FCF is ranked better than
53.6% of 125 companies
in the Retail - Defensive industry
Industry Median: 15.64 vs IMKTA: 14.13

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.

Ingles Markets's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-2.509. 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 $5.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ingles Markets Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ingles Markets'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.

Ingles Markets Cyclically Adjusted Price-to-FCF Chart

Ingles Markets 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 32.77 17.40 20.79 16.23 14.20

Ingles Markets Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 19.11 17.77 15.89 14.20 16.75

Competitive Comparison of Ingles Markets's Cyclically Adjusted Price-to-FCF

For the Grocery Stores subindustry, Ingles Markets'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.


Ingles Markets's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

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

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



Ingles Markets 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=72.71/5.16
=14.09

* 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.

Ingles Markets's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-2.509/129.4194*129.4194
=-2.509

Current CPI (Dec. 2023) = 129.4194.

Ingles Markets Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.889 99.695 1.154
201406 0.088 100.560 0.113
201409 2.035 100.428 2.622
201412 -1.599 99.070 -2.089
201503 2.320 99.621 3.014
201506 0.643 100.684 0.827
201509 1.075 100.392 1.386
201512 -1.685 99.792 -2.185
201603 1.014 100.470 1.306
201606 0.462 101.688 0.588
201609 1.265 101.861 1.607
201612 -0.597 101.863 -0.759
201703 0.896 102.862 1.127
201706 0.521 103.349 0.652
201709 0.593 104.136 0.737
201712 -0.957 104.011 -1.191
201803 -0.080 105.290 -0.098
201806 0.399 106.317 0.486
201809 1.169 106.507 1.420
201812 -0.364 105.998 -0.444
201903 1.054 107.251 1.272
201906 0.360 108.070 0.431
201909 1.405 108.329 1.679
201912 -0.564 108.420 -0.673
202003 6.584 108.902 7.824
202006 1.557 108.767 1.853
202009 3.814 109.815 4.495
202012 1.162 109.897 1.368
202103 1.074 111.754 1.244
202106 3.197 114.631 3.609
202109 3.145 115.734 3.517
202112 3.872 117.630 4.260
202203 2.513 121.301 2.681
202206 3.530 125.017 3.654
202209 1.656 125.227 1.711
202212 -0.109 125.222 -0.113
202303 0.270 127.348 0.274
202306 1.938 128.729 1.948
202309 2.787 129.860 2.778
202312 -2.509 129.419 -2.509

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.


Ingles Markets  (NAS:IMKTA) 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.


Ingles Markets Cyclically Adjusted Price-to-FCF Related Terms

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


Ingles Markets (Ingles Markets) Business Description

Traded in Other Exchanges
Address
2913 U.S. Highway 70 West, Black Mountain, NC, USA, 28711
Ingles Markets Inc is a U.S.-based company that is principally engaged in operating a supermarket chain. The company operates the business in the southeast United States, mainly in Georgia, North Carolina, South Carolina, and Tennessee, with a few stores in Virginia and Alabama as well. The company locates its stores majorly in suburban areas, small towns, and neighborhood areas. It offers a broad range of goods, including food products, pharmacies, health and beauty care products, and general merchandise. The retail business contributes the majority of the company's revenue. The company's real estate ownership of a material portion of total stores enables it to generate rental income.
Executives
Sharp Laura Ingle director 2913 U.S. HWY. 70 WEST, BLACK MOUNTAIN NC 28711
Michael David Hogan officer: President of Subsidiary Milkco C/O INGLES MARKETS, INCORPORATED, P.O. BOX 6676, ASHEVILLE NC 28816
Patricia Jackson officer: CFO P.O. BOX 6676, ASHEVILLE NC 28816
James W Lanning director, officer: President, other: Profit Sharing Plan Trustee
John R Lowden director 140 GREENWICH AVE, GREENWICH CT 06830
Ernest E. Ferguson director P.O. BOX 6676, ASHEVILLE NC 28816
Fred Ayers director 2913 US HIGHWAY 70 WEST, BLACK MOUNTAIN NC 28711
Brenda S Tudor director, officer: VP Finance, Treasurer, CFO
L. Keith Collins director P.O. BOX 6676, ASHEVILLE NC 28816
Laura Anne Laxton Ingle 2011 Irrevocable Trust Dated September 8, 2011 10 percent owner P.O. BOX 6676, ASHEVILLE NC 28816
Robert Ingle, Sr. Administrative Trust Uta Robert Pierce Ingle Living Trust Dated December 24, 2010 10 percent owner 2913 US HIGHWAY 70 WEST, BLACK MOUNTAIN NC 28711
Robert P Ingle director, officer: Chairman and CEO, other: Profit Sharing Plan Trustee
Ingles Markets Inc Investment/profit Sharing Plan Trust 10 percent owner
Ronald B Freeman director, officer: Chief Financial Officer, other: Profit Sharing Plan Trustee P.O. BOX 6676, ASHEVILLE NC 28816
Ingle Robert P Ii director, officer: VP - Operations PO BOX 6676, ASHEVILLE NC 28816

Ingles Markets (Ingles Markets) Headlines