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NewAge (NewAge) Free Cash Flow per Share : $-0.21 (TTM As of Sep. 2021)


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What is NewAge Free Cash Flow per Share?

NewAge's Free Cash Flow per Share for the three months ended in Sep. 2021 was $-0.12. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in Sep. 2021 was $-0.21.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the FCF Growth Rate using Free Cash Flow per Share data.

The historical rank and industry rank for NewAge's Free Cash Flow per Share or its related term are showing as below:

NBEVQ's 3-Year FCF Growth Rate is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 5.35
* Ranked among companies with meaningful 3-Year FCF Growth Rate only.

NewAge Free Cash Flow per Share Historical Data

The historical data trend for NewAge's Free Cash Flow per Share 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.

NewAge Free Cash Flow per Share Chart

NewAge Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Free Cash Flow per Share
Get a 7-Day Free Trial 0.05 -0.29 -0.49 -0.50 -0.38

NewAge Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Free Cash Flow per Share 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 -0.07 -0.04 -0.02 -0.02 -0.12

Competitive Comparison of NewAge's Free Cash Flow per Share

For the Beverages - Non-Alcoholic subindustry, NewAge's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


NewAge's Price-to-Free-Cash-Flow Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, NewAge's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where NewAge's Price-to-Free-Cash-Flow falls into.



NewAge Free Cash Flow per Share Calculation

Free Cashflow per Share is the amount of Free Cashflow per outstanding share of the company's stock.

Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company.

Note: GuruFocus does not calculate Free Cash Flow Per Share when Capital Expenditure is 0.

NewAge's Free Cash Flow Per Share for the fiscal year that ended in Dec. 2020 is calculated as

Free Cash Flow Per Share(A: Dec. 2020 )
=(Cash Flow from Operations+Capital Expenditure)/Shares Outstanding (Diluted Average)
=(-34.251+-2.471)/96.348
=-36.722/96.348
=-0.38

NewAge's Free Cash Flow Per Share for the quarter that ended in Sep. 2021 is calculated as

Free Cash Flow Per Share(Q: Sep. 2021 )
=(Cash Flow from Operations+Capital Expenditure)/Shares Outstanding (Diluted Average)
=(-20.053+-0.502)/170.251
=-20.555/170.251
=-0.12

Free Cash Flow per Share for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.21

* 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.


NewAge  (OTCPK:NBEVQ) Free Cash Flow per Share Explanation

Free Cash Flow is very close to Warren Buffett's definition of Owner's Earnings, except that in Warren Buffett's Owner's Earnings, the spending for Property, Plant, and Equipment is only for maintenance (replacement), while in the Free Cash Flow calculation, the cost of new Property, Plant, and Equipment due to business expansion is also deducted. There, Free Cash Flow is more conservative than Owner's Earnings.

In Don Yacktman's calculation of forward rate of return, he uses Free Cash Flow for the calculation. Yacktman explained the forward rate of return concept in detail in his interview with GuruFocus. Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation.

This is what Yacktman said in his March 2012 interview - when the S&P 500 was at 1400:

If the business is stable, this calculation is fairly straightforward. For instance, on the S&P 500 we would normalize earnings. We would then calculate what percentage of those earnings are not reinvested in the underlying businesses and are therefore free. Historically, for the S&P 500, this has been just under 50% of earnings. Currently, we expect the S&P to earn about 70 on a normalized basis, a number which is far below reported earnings due to our adjusting for record high profit margins. $70 X ½ / 1400 gives you a normalized free cash flow yield of approximately 2.5%.

The historical real growth rate of the S&P 500 (companies) is about 1.5%. Assuming an inflation rate of 2.5%, the forward rate of return on an investment in the S&P 500 is about 6.5% today (2.5% free cash flow yield plus 1.5% real growth plus 2.5% inflation).

For the growth part of the Forward Rate of Return calculation, GuruFocus uses the 5-year average growth rate of EBITDA per share as the growth rate, and the growth rate is always capped at 20%. For the Free Cash Flow we use per share data averaged over seven years. The reason we use seven years is because research shows that seven years is the length of the typical business cycle.

Therefore, as of Dec20, NewAge's Forward Rate of Return (Yacktman) % is

Forward Rate of Return (Yacktman) % (Dec20)=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0/1.39+0
=0.00 %

* 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.


Be Aware

Free Cash Flow within a report period can be affected by management's decisions of capital spending. Therefore, it is important to look at long term when it comes to Free Cash Flow.


NewAge Free Cash Flow per Share Related Terms

Thank you for viewing the detailed overview of NewAge's Free Cash Flow per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


NewAge (NewAge) Business Description

Traded in Other Exchanges
N/A
Address
2420 17th Street, Suite 220, Denver, CO, USA, 80202
NewAge Inc is engaged in the business of developing, marketing, selling, and distributing a portfolio of healthy products sold primarily through a direct to customer business model using a team of brand partners and distributors to help market and sell the portfolio of brands. Its Direct/Social Selling segment is engaged in the development, manufacturing, and marketing of a portfolio of healthy products in three core category platforms including health and wellness, healthy appearance, and nutritional performance all sold primarily via e-commerce and through a direct route to market. It has a business presence in the US, Japan, China and other countries.
Executives
Michele Crocker director 7158 FLSMIDTH DRIVE, SUITE 250 MIDVALE UT 84047
Judith Lynne Hammerschmidt director 3511 CAMBRIDGE ROAD, DURHAM 1W 27707-4509
Ed Brennan director 3018 WEST LAKE ROAD SKANEATELES NY 13152
Kevin Manion officer: Chief Financial Officer 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Fred W Cooper director 3838 W PARKWAY BLVD, C/O USANA HEALTH SCIENCES INC, SALT LAKE CITY UT 84120
Reginald Kapteyn director 16325 WEST WILLOW DRIVE SPRING LAKE MI 49456
Amy L. Kuzdowicz director 2376 TALL OAKS DRIVE TROY MI 48098
Gregory Fea director 1700 EAST 68TH AVENUE DENVER CO 80229
David Vanderveen officer: Chief Operating Officer 2420 17TH STREET, SUITE 220 DENVER CO 80202
Alicia Syrett director 2420 17TH STREET, SUITE 220, DENVER CO 80202
Timothy J Haas director ONE COCA COLA PLAZA ATLANTA GA 30313
Julie Garlikov officer: Chief Marketing Officer 2420 17TH STREET, SUITE 220, DENVER CO 80202
Brent D Willis director, officer: CEO 4211 W BOY SCOUT BLVD, SUITE 290, TAMPA FL 33607
Gregory A Gould officer: CFO 1111 MAIN STREET, SUITE 660, VANCOUVER WA 98660
Richard C Rife officer: See Remarks 1903 N HEATHER DRIVE OREM UT 84097

NewAge (NewAge) Headlines

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