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Emmi AG (XSWX:EMMN) Cyclically Adjusted Price-to-FCF : 28.55 (As of Apr. 28, 2024)


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What is Emmi AG Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Emmi AG's current share price is CHF882.00. Emmi AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was CHF30.89. Emmi AG's Cyclically Adjusted Price-to-FCF for today is 28.55.

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

XSWX:EMMN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.43   Med: 32.07   Max: 40.85
Current: 28.56

During the past 13 years, Emmi AG's highest Cyclically Adjusted Price-to-FCF was 40.85. The lowest was 12.43. And the median was 32.07.

XSWX:EMMN's Cyclically Adjusted Price-to-FCF is ranked worse than
59.54% of 697 companies
in the Consumer Packaged Goods industry
Industry Median: 23.47 vs XSWX:EMMN: 28.56

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.

Emmi AG's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was CHF41.249. 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 CHF30.89 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emmi AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Emmi AG'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.

Emmi AG Cyclically Adjusted Price-to-FCF Chart

Emmi AG 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 32.13 31.67 35.68 27.02 29.50

Emmi AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 35.68 - 27.02 - 29.50

Competitive Comparison of Emmi AG's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, Emmi AG'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.


Emmi AG's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

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

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



Emmi AG 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=882.00/30.89
=28.55

* 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.

Emmi AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Emmi AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=41.249/106.4611*106.4611
=41.249

Current CPI (Dec23) = 106.4611.

Emmi AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 21.064 100.704 22.268
201512 35.809 99.386 38.358
201612 31.300 99.380 33.530
201712 28.516 100.213 30.294
201812 38.713 100.906 40.844
201912 36.643 101.063 38.600
202012 40.451 100.241 42.961
202112 19.157 101.776 20.039
202212 0.706 104.666 0.718
202312 41.249 106.461 41.249

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.


Emmi AG  (XSWX:EMMN) 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.


Emmi AG Cyclically Adjusted Price-to-FCF Related Terms

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


Emmi AG (XSWX:EMMN) Business Description

Traded in Other Exchanges
Address
Landenbergstrasse 1, Lucerne, CHE, CH-6005
Emmi AG is a Swiss dairy products manufacturer. The company generates revenue in Switzerland, the Americas, other European countries, and the rest of the world (below 5%). By product category, dairy products, cheese, and fresh products are the largest segments. The company also offers powder/concentrates among other products/services. The company's key brands include Caffe Latte, YoQua and Jogurtpur in the fresh products category, and Kaltbach and Der Scharfe Maxx in the cheese segment.

Emmi AG (XSWX:EMMN) Headlines

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