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Kellanova Co (WBO:KELL) Cyclically Adjusted Price-to-FCF : 19.30 (As of Apr. 29, 2024)


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What is Kellanova Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Kellanova Co's current share price is €54.42. Kellanova Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €2.82. Kellanova Co's Cyclically Adjusted Price-to-FCF for today is 19.30.

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

WBO:KELL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.68   Med: 21.78   Max: 27.01
Current: 18.37

During the past years, Kellanova Co's highest Cyclically Adjusted Price-to-FCF was 27.01. The lowest was 15.68. And the median was 21.78.

WBO:KELL's Cyclically Adjusted Price-to-FCF is ranked better than
59.29% of 705 companies
in the Consumer Packaged Goods industry
Industry Median: 23.72 vs WBO:KELL: 18.37

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.

Kellanova Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €0.198. 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 €2.82 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kellanova Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kellanova 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.

Kellanova Co Cyclically Adjusted Price-to-FCF Chart

Kellanova Co 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 25.21 20.31 19.64 21.04 17.79

Kellanova Co 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 21.04 19.83 19.84 17.54 17.79

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

For the Packaged Foods subindustry, Kellanova 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.


Kellanova Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

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

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



Kellanova 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=54.42/2.82
=19.30

* 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.

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

For example, Kellanova Co'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)
=0.198/129.4194*129.4194
=0.198

Current CPI (Dec. 2023) = 129.4194.

Kellanova Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.342 99.695 0.444
201406 0.523 100.560 0.673
201409 0.849 100.428 1.094
201412 0.884 99.070 1.155
201503 0.031 99.621 0.040
201506 0.781 100.684 1.004
201509 0.643 100.392 0.829
201512 1.439 99.792 1.866
201603 -0.352 100.470 -0.453
201606 1.353 101.688 1.722
201609 0.619 101.861 0.786
201612 0.319 101.863 0.405
201703 -0.433 102.862 -0.545
201706 -0.030 103.349 -0.038
201709 -0.019 104.136 -0.024
201712 0.209 104.011 0.260
201803 0.224 105.290 0.275
201806 0.199 106.317 0.242
201809 0.884 106.507 1.074
201812 1.057 105.998 1.291
201903 -0.201 107.251 -0.243
201906 0.789 108.070 0.945
201909 0.698 108.329 0.834
201912 0.263 108.420 0.314
202003 0.734 108.902 0.872
202006 1.220 108.767 1.452
202009 1.261 109.815 1.486
202012 0.512 109.897 0.603
202103 0.151 111.754 0.175
202106 0.784 114.631 0.885
202109 0.870 115.734 0.973
202112 1.052 117.630 1.157
202203 0.502 121.301 0.536
202206 0.965 125.017 0.999
202209 0.857 125.227 0.886
202212 0.905 125.222 0.935
202303 0.198 127.348 0.201
202306 0.621 128.729 0.624
202309 1.600 129.860 1.595
202312 0.198 129.419 0.198

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.


Kellanova Co  (WBO:KELL) 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.


Kellanova Co Cyclically Adjusted Price-to-FCF Related Terms

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


Kellanova Co (WBO:KELL) Business Description

Traded in Other Exchanges
Address
412 N. Wells Street, Chicago, IL, USA, 60654
Following its split from the North American cereal business, Kellanova (previously the global snacking arm of Kellogg) is a leading global manufacturer and marketer of salty snacks, snack bars, frozen breakfast fare, meat alternatives, and other packaged foods. Its offerings are manufactured in around 20 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Pringles, Cheez-It, Rice Krispies Treats, Pop-Tarts, Eggo, Nutri-Grain, and Morningstar Farms. Sales beyond its home turf account for about half of Kellanova's consolidated sales base.

Kellanova Co (WBO:KELL) Headlines

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