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Sysco (WBO:SYY) Cyclically Adjusted Price-to-FCF : 25.56 (As of Apr. 29, 2024)


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What is Sysco Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Sysco's current share price is €71.81. Sysco's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €2.81. Sysco's Cyclically Adjusted Price-to-FCF for today is 25.56.

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

WBO:SYY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.82   Med: 30.62   Max: 42.45
Current: 24.81

During the past years, Sysco's highest Cyclically Adjusted Price-to-FCF was 42.45. The lowest was 16.82. And the median was 30.62.

WBO:SYY's Cyclically Adjusted Price-to-FCF is ranked worse than
75.4% of 126 companies
in the Retail - Defensive industry
Industry Median: 15.415 vs WBO:SYY: 24.81

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.

Sysco's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €1.075. 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 €2.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sysco Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sysco'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.

Sysco Cyclically Adjusted Price-to-FCF Chart

Sysco Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.29 25.60 31.80 30.70 24.48

Sysco 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 27.55 26.51 24.48 21.77 23.54

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

For the Food Distribution subindustry, Sysco'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.


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

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

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



Sysco 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=71.81/2.81
=25.56

* 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.

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

For example, Sysco'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)
=1.075/129.4194*129.4194
=1.075

Current CPI (Dec. 2023) = 129.4194.

Sysco Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.334 99.695 0.434
201406 0.633 100.560 0.815
201409 -0.074 100.428 -0.095
201412 0.287 99.070 0.375
201503 0.415 99.621 0.539
201506 0.876 100.684 1.126
201509 -0.568 100.392 -0.732
201512 0.969 99.792 1.257
201603 0.641 100.470 0.826
201606 1.308 101.688 1.665
201609 0.177 101.861 0.225
201612 0.417 101.863 0.530
201703 0.541 102.862 0.681
201706 1.450 103.349 1.816
201709 -0.084 104.136 -0.104
201712 1.167 104.011 1.452
201803 0.113 105.290 0.139
201806 1.166 106.317 1.419
201809 0.270 106.507 0.328
201812 0.883 105.998 1.078
201903 0.491 107.251 0.592
201906 1.253 108.070 1.501
201909 -0.007 108.329 -0.008
201912 0.638 108.420 0.762
202003 0.200 108.902 0.238
202006 0.739 108.767 0.879
202009 1.422 109.815 1.676
202012 -0.132 109.897 -0.155
202103 0.744 111.754 0.862
202106 0.329 114.631 0.371
202109 0.043 115.734 0.048
202112 0.292 117.630 0.321
202203 0.395 121.301 0.421
202206 1.364 125.017 1.412
202209 -0.017 125.227 -0.018
202212 0.375 125.222 0.388
202303 1.388 127.348 1.411
202306 2.038 128.729 2.049
202309 -0.156 129.860 -0.155
202312 1.075 129.419 1.075

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.


Sysco  (WBO:SYY) 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.


Sysco Cyclically Adjusted Price-to-FCF Related Terms

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


Sysco (WBO:SYY) Business Description

Industry
Address
1390 Enclave Parkway, Houston, TX, USA, 77077-2099
Sysco is the largest U.S. foodservice distributor with 17% share of the highly fragmented $350 billion domestic market. Sysco distributes roughly 500,000 food and nonfood products to restaurants (62% of fiscal 2023 revenue), education and government buildings (8%), travel and leisure (8%), healthcare facilities (7%) and other locations (15%) where individuals consume away-from-home meals. In fiscal 2023, 70% of the firm's revenue was derived from its U.S. foodservice operations, while its international (18%), quick-service logistics (10%), and other (2%) segments made up the difference.

Sysco (WBO:SYY) Headlines