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The Kroger Co (The Kroger Co) Cyclically Adjusted Price-to-FCF : 20.44 (As of May. 16, 2024)


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What is The Kroger Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), The Kroger Co's current share price is $54.79. The Kroger Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $2.68. The Kroger Co's Cyclically Adjusted Price-to-FCF for today is 20.44.

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

KR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.51   Med: 24.8   Max: 49.37
Current: 20.32

During the past years, The Kroger Co's highest Cyclically Adjusted Price-to-FCF was 49.37. The lowest was 16.51. And the median was 24.80.

KR's Cyclically Adjusted Price-to-FCF is ranked worse than
62.1% of 124 companies
in the Retail - Defensive industry
Industry Median: 15.52 vs KR: 20.32

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.

The Kroger Co's adjusted free cash flow per share data for the three months ended in Jan. 2024 was $1.273. 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 $2.68 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Kroger Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for The Kroger Co'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.

The Kroger Co Cyclically Adjusted Price-to-FCF Chart

The Kroger Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.11 21.46 20.37 18.82 17.24

The Kroger Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 18.82 19.21 18.94 17.65 17.24

Competitive Comparison of The Kroger Co's Cyclically Adjusted Price-to-FCF

For the Grocery Stores subindustry, The Kroger Co'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.


The Kroger Co's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

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

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



The Kroger Co 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.

The Kroger Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=54.79/2.68
=20.44

* 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.

The Kroger Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, The Kroger Co'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)
=1.273/130.1244*130.1244
=1.273

Current CPI (Jan. 2024) = 130.1244.

The Kroger Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 1.007 100.023 1.310
201407 0.228 100.520 0.295
201410 0.070 100.176 0.091
201501 0.071 98.604 0.094
201504 0.891 99.824 1.161
201507 0.266 100.691 0.344
201510 0.181 100.346 0.235
201601 0.260 99.957 0.338
201604 1.024 100.947 1.320
201607 -0.003 101.524 -0.004
201610 -0.582 101.988 -0.743
201701 0.150 102.456 0.191
201704 1.613 103.167 2.034
201707 0.344 103.278 0.433
201710 -0.992 104.070 -1.240
201801 -0.353 104.578 -0.439
201804 1.903 105.708 2.343
201807 0.202 106.324 0.247
201810 -0.368 106.695 -0.449
201901 -0.346 106.200 -0.424
201904 1.698 107.818 2.049
201907 0.409 108.250 0.492
201910 -0.014 108.577 -0.017
202001 -0.185 108.841 -0.221
202004 4.501 108.173 5.414
202007 0.655 109.318 0.780
202010 -0.291 109.861 -0.345
202101 0.150 110.364 0.177
202104 1.889 112.673 2.182
202107 0.487 115.183 0.550
202110 1.302 116.696 1.452
202201 1.064 118.619 1.167
202204 0.487 121.978 0.520
202207 0.883 125.002 0.919
202210 0.110 125.734 0.114
202301 0.474 126.223 0.489
202304 2.530 127.992 2.572
202307 0.804 128.974 0.811
202310 -0.619 129.810 -0.621
202401 1.273 130.124 1.273

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.


The Kroger Co  (NYSE:KR) 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.


The Kroger Co Cyclically Adjusted Price-to-FCF Related Terms

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


The Kroger Co (The Kroger Co) Business Description

Address
1014 Vine Street, Cincinnati, OH, USA, 45202
Kroger is the leading U.S. grocer, with 2,719 supermarkets operating under several banners throughout the country at the end of fiscal 2022. Around 83% of stores have pharmacies, while nearly 60% also sell fuel. The company also operates roughly 120 fine jewelry stores. Kroger features a leading private-label offering and manufactures around 30% of its own-brand units (and more than 40% of its grocery own-label assortment) itself in 33 food production plants nationwide. Kroger is a top-two grocer in most of its major markets (as of early 2021, according to company data). Virtually all of Kroger's sales come from the United States. Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.
Executives
Carin L Fike officer: Vice President and Treasurer 1014 VINE STREET, CINCINNATI OH 45202
Timothy A Massa officer: Group Vice President 1014 VINE STREET, CINCINNATI OH 45202
Christine S Wheatley officer: Group Vice President 1014 VINE STREET, CINCINNATI OH 45202
Kenneth C Kimball officer: Senior Vice President C/O THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202
Stuart Aitken officer: Group Vice President C/O JOURNAL MEDIA GROUP, INC., 333 WEST STATE STREET, MILWAUKEE WI 53203
Yael Cosset officer: Group Vice President 1014 VINE STREET, CINCINNATI OH 45202
Gary Millerchip officer: Senior Vice President and CFO 1014 VINE STREET, CINCINNATI OH 45202
Todd A Foley officer: Vice President and Treasurer 1014 VINE STREET, CINCINNATI OH 45202
Valerie L. Jabbar officer: Senior Vice President THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202
Mary Ellen Adcock officer: Group Vice President 1014 VINE STREET, CINCINNATI OH 45202
Calvin J Kaufman officer: Group Vice President THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202
Mark C Tuffin officer: Senior Vice President THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202
Elaine L. Chao director C/O DOLE FOOD COMPANY, INC., ONE DOLE DRIVE, WESTLAKE VILLAGE CA 91362
Michael Joseph Donnelly officer: Senior Vice President
Susan J Kropf director C/O AVON PRODUCTS INC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105-0196

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