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Constellation Brands (Constellation Brands) Cyclically Adjusted Price-to-FCF : 35.14 (As of Apr. 27, 2024)


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What is Constellation Brands Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Constellation Brands's current share price is $260.04. Constellation Brands's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was $7.40. Constellation Brands's Cyclically Adjusted Price-to-FCF for today is 35.14.

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

STZ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 27.57   Med: 43.88   Max: 80.21
Current: 35.37

During the past years, Constellation Brands's highest Cyclically Adjusted Price-to-FCF was 80.21. The lowest was 27.57. And the median was 43.88.

STZ's Cyclically Adjusted Price-to-FCF is ranked worse than
59.46% of 111 companies
in the Beverages - Alcoholic industry
Industry Median: 26.89 vs STZ: 35.37

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.

Constellation Brands's adjusted free cash flow per share data for the three months ended in Feb. 2024 was $0.414. 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 $7.40 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Constellation Brands Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Constellation Brands'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.

Constellation Brands Cyclically Adjusted Price-to-FCF Chart

Constellation Brands Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.80 41.91 36.21 32.69 33.59

Constellation Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 32.69 34.02 35.90 32.48 33.59

Competitive Comparison of Constellation Brands's Cyclically Adjusted Price-to-FCF

For the Beverages - Wineries & Distilleries subindustry, Constellation Brands'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.


Constellation Brands's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

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

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



Constellation Brands 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=260.04/7.4
=35.14

* 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.

Constellation Brands's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Constellation Brands's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.414/129.4194*129.4194
=0.414

Current CPI (Feb. 2024) = 129.4194.

Constellation Brands Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.504 100.373 0.650
201408 1.290 100.352 1.664
201411 -0.751 99.635 -0.976
201502 0.755 99.032 0.987
201505 0.375 100.333 0.484
201508 2.128 100.548 2.739
201511 0.341 100.135 0.441
201602 -0.270 100.040 -0.349
201605 0.859 101.355 1.097
201608 2.430 101.617 3.095
201611 0.719 101.829 0.914
201702 -0.178 102.779 -0.224
201705 0.818 103.256 1.025
201708 2.152 103.587 2.689
201711 0.820 104.072 1.020
201802 0.557 105.052 0.686
201805 1.704 106.148 2.078
201808 3.227 106.383 3.926
201811 1.980 106.338 2.410
201902 0.033 106.649 0.040
201905 2.285 108.048 2.737
201908 3.271 108.245 3.911
201911 2.432 108.519 2.900
202002 1.496 109.139 1.774
202005 2.811 108.175 3.363
202008 3.202 109.662 3.779
202011 3.729 109.793 4.396
202102 0.159 110.968 0.185
202105 3.106 113.576 3.539
202108 2.963 115.421 3.322
202111 3.157 117.269 3.484
202202 -0.879 119.703 -0.950
202205 2.642 123.323 2.773
202208 3.556 124.958 3.683
202211 1.811 125.607 1.866
202302 0.603 126.928 0.615
202305 2.112 128.314 2.130
202308 3.536 129.538 3.533
202311 2.144 129.548 2.142
202402 0.414 129.419 0.414

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.


Constellation Brands  (NYSE:STZ) 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.


Constellation Brands Cyclically Adjusted Price-to-FCF Related Terms

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


Constellation Brands (Constellation Brands) Business Description

Traded in Other Exchanges
Address
207 High Point Drive, Building 100, Victor, New York, NY, USA, 14564
Constellation Brands is the largest provider of alcoholic beverages across the beer, wine, and spirits categories in the U.S., generating 80% of revenue from Mexican beer imports under top-selling brands such as Modelo and Corona. The rest of the business includes some remaining wine and spirits brands, categories where the company continue to prune assets in recent years. With its exclusive rights tied to the Mexican beer brands effective only in the U.S., the firm has small revenue exposure to international markets. Constellation owns a 36% stake in no-moat Canopy Growth, a medicinal and recreational cannabis producer in Canada, and has a 50/50 joint venture with glass manufacturer Owens-Illinois in Mexico.
Executives
Family Foundation Sands other: Member of 10% owner group C/O WILDSTAR PARTNERS LLC, 110 E ATLANTIC AVE, STE. 200, DELRAY BEACH FL 33444
Ernesto M Hernandez director C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
James O. Bourdeau officer: EVP & Gen. Counsel C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
Daniel J Mccarthy director FRONTIER COMMUNICATIONS, 401 MERRITT 7, NORWALK CT 06851
Robert Lee Hanson officer: EVP & Pres. Wine and Spirits C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
William A Newlands director, officer: President & CEO C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DR., BUILDING 100, VICTOR NY 14564
Kaneenat Kristann Carey officer: EVP & Chief HR Officer 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
Garth Hankinson officer: EVP & CFO C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
William T Giles director 123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Luca Zaramella director C/O MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60015
Rht 2015 Business Holdings Lp other: Member of 10% owner group 110 E ATLANTIC AVE, STE. 200, C/O WILDSTAR PARTNERS LLC, DELRAY BEACH FL 33444
Rss Business Holdings Lp 10 percent owner C/O WILDSTAR PARTNERS LLC, 110 E ATLANTIC AVE, STE. 200, DELRAY BEACH FL 33444
Rct 2015 Business Holdings Lp other: Member of 10% owner group 110 E ATLANTIC AVE, STE. 200, C/O WILDSTAR PARTNERS LLC, DELRAY BEACH FL 33444
Wildstar Partners Llc 10 percent owner 110 E ATLANTIC AVE, STE. 200, DELRAY BEACH FL 33444
Rss 2015 Business Holdings Lp other: Member of 10% owner group 110 E ATLANTIC AVE, STE. 200, C/O WILDSTAR PARTNERS LLC, DELRAY BEACH FL 33444