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CCL Industries (TSX:CCL.B) Cyclically Adjusted Price-to-FCF : 25.36 (As of Apr. 28, 2024)


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What is CCL Industries Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), CCL Industries's current share price is C$71.00. CCL Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$2.80. CCL Industries's Cyclically Adjusted Price-to-FCF for today is 25.36.

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

TSX:CCL.B' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.81   Med: 45.86   Max: 80.46
Current: 25.08

During the past years, CCL Industries's highest Cyclically Adjusted Price-to-FCF was 80.46. The lowest was 19.81. And the median was 45.86.

TSX:CCL.B's Cyclically Adjusted Price-to-FCF is ranked worse than
63.58% of 162 companies
in the Packaging & Containers industry
Industry Median: 15.98 vs TSX:CCL.B: 25.08

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.

CCL Industries's adjusted free cash flow per share data for the three months ended in Dec. 2023 was C$1.459. 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 C$2.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CCL Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CCL Industries'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.

CCL Industries Cyclically Adjusted Price-to-FCF Chart

CCL Industries 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 35.03 32.04 30.24 23.03 21.33

CCL Industries 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 23.03 25.47 24.30 21.57 21.33

Competitive Comparison of CCL Industries's Cyclically Adjusted Price-to-FCF

For the Packaging & Containers subindustry, CCL Industries'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.


CCL Industries's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, CCL Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CCL Industries 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=71.00/2.8
=25.36

* 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.

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

For example, CCL Industries'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)
=1.459/125.4675*125.4675
=1.459

Current CPI (Dec. 2023) = 125.4675.

CCL Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.189 98.604 -0.240
201406 0.347 99.473 0.438
201409 0.693 99.394 0.875
201412 0.571 98.367 0.728
201503 -0.053 99.789 -0.067
201506 0.436 100.500 0.544
201509 0.549 100.421 0.686
201512 0.789 99.947 0.990
201603 -0.313 101.054 -0.389
201606 0.082 102.002 0.101
201609 0.837 101.765 1.032
201612 1.242 101.449 1.536
201703 -0.323 102.634 -0.395
201706 0.601 103.029 0.732
201709 0.768 103.345 0.932
201712 1.343 103.345 1.630
201803 -0.193 105.004 -0.231
201806 0.537 105.557 0.638
201809 0.575 105.636 0.683
201812 1.440 105.399 1.714
201903 -0.515 106.979 -0.604
201906 0.582 107.690 0.678
201909 1.020 107.611 1.189
201912 1.335 107.769 1.554
202003 -0.085 107.927 -0.099
202006 0.737 108.401 0.853
202009 1.291 108.164 1.498
202012 1.398 108.559 1.616
202103 0.456 110.298 0.519
202106 0.521 111.720 0.585
202109 0.821 112.905 0.912
202112 1.046 113.774 1.154
202203 0.207 117.646 0.221
202206 0.620 120.806 0.644
202209 0.711 120.648 0.739
202212 1.515 120.964 1.571
202303 -0.099 122.702 -0.101
202306 0.628 124.203 0.634
202309 1.003 125.230 1.005
202312 1.459 125.468 1.459

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.


CCL Industries  (TSX:CCL.B) 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.


CCL Industries Cyclically Adjusted Price-to-FCF Related Terms

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


CCL Industries (TSX:CCL.B) Business Description

Traded in Other Exchanges
Address
111 Gordon Baker Road, Suite 801, Toronto, ON, CAN, M2H 3R1
CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, sells pressure sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions. Innovia segment manufactures specialty films. Its geographical segments include Canada; USA and Puerto Rico; Mexico, Brazil, Chile and Argentina; Europe; and Asia, Australia, Africa and New Zealand.

CCL Industries (TSX:CCL.B) Headlines

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