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Loblaw (Loblaw) Cyclically Adjusted Price-to-FCF : 19.15 (As of May. 14, 2024)


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What is Loblaw Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Loblaw's current share price is $114.16. Loblaw's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $5.96. Loblaw's Cyclically Adjusted Price-to-FCF for today is 19.15.

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

LBLCF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.75   Med: 17.11   Max: 22.56
Current: 19.36

During the past years, Loblaw's highest Cyclically Adjusted Price-to-FCF was 22.56. The lowest was 12.75. And the median was 17.11.

LBLCF's Cyclically Adjusted Price-to-FCF is ranked worse than
58.87% of 124 companies
in the Retail - Defensive industry
Industry Median: 15.52 vs LBLCF: 19.36

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.

Loblaw's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $1.111. 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 $5.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Loblaw Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Loblaw'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.

Loblaw Cyclically Adjusted Price-to-FCF Chart

Loblaw 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 16.14 13.06 17.78 17.34 15.86

Loblaw Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 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 17.41 16.17 14.77 15.86 18.66

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

For the Grocery Stores subindustry, Loblaw'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.


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

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

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



Loblaw 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=114.16/5.96
=19.15

* 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.

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

For example, Loblaw'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)
=1.111/125.4675*125.4675
=1.111

Current CPI (Mar. 2024) = 125.4675.

Loblaw Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.516 98.604 -0.657
201406 1.650 99.473 2.081
201409 0.815 99.394 1.029
201412 1.122 98.367 1.431
201503 0.545 99.789 0.685
201506 1.376 100.500 1.718
201509 1.290 100.421 1.612
201512 0.231 99.947 0.290
201603 1.202 101.054 1.492
201606 0.982 102.002 1.208
201609 1.366 101.765 1.684
201612 0.721 101.449 0.892
201703 0.417 102.634 0.510
201706 1.161 103.029 1.414
201709 1.047 103.345 1.271
201712 1.198 103.345 1.454
201803 0.426 105.004 0.509
201806 0.693 105.557 0.824
201809 1.586 105.636 1.884
201812 -0.331 105.399 -0.394
201903 1.583 106.979 1.857
201906 1.507 107.690 1.756
201909 1.369 107.611 1.596
201912 1.198 107.769 1.395
202003 3.217 107.927 3.740
202009 1.442 108.164 1.673
202012 2.120 108.559 2.450
202103 1.485 110.298 1.689
202106 3.286 111.720 3.690
202109 2.288 112.905 2.543
202112 1.461 113.774 1.611
202203 1.588 117.646 1.694
202206 2.202 120.806 2.287
202209 2.427 120.648 2.524
202212 1.097 120.964 1.138
202303 1.350 122.702 1.380
202306 2.021 124.203 2.042
202309 3.134 125.230 3.140
202312 1.811 125.468 1.811
202403 1.111 125.468 1.111

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.


Loblaw  (OTCPK:LBLCF) 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.


Loblaw Cyclically Adjusted Price-to-FCF Related Terms

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


Loblaw (Loblaw) Business Description

Traded in Other Exchanges
Address
1 President’s Choice Circle, Brampton, ON, CAN, L6Y 5S5
Loblaw is Canada's largest retailer, operating 2,500 food retail and pharmacy stores across the country. Its main grocery banners include Loblaw, No Frills, and Maxi, and its pharmacy stores are mostly under the Shoppers Drug Mart banner, which it acquired in 2014. In addition to brand-name offerings, Loblaw offers private-label products under the President's Choice and No Name brands. Beyond retail, Loblaw runs the PC Optimum loyalty program and also offers credit cards and insurance brokerage, which are collectively referred to as financial services. George Weston is Loblaw's controlling shareholder with a 53% stake.

Loblaw (Loblaw) Headlines

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