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Lanka Milk Foods (CWE) (COL:LMF.N0000) Cyclically Adjusted FCF per Share : රු-2.81 (As of Dec. 2023)


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What is Lanka Milk Foods (CWE) Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Lanka Milk Foods (CWE)'s adjusted free cash flow per share for the three months ended in Dec. 2023 was රු-0.981. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is රු-2.81 for the trailing ten years ended in Dec. 2023.

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 Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-05-26), Lanka Milk Foods (CWE)'s current stock price is රු31.60. Lanka Milk Foods (CWE)'s Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was රු-2.81. Lanka Milk Foods (CWE)'s Cyclically Adjusted Price-to-FCF of today is .


Lanka Milk Foods (CWE) Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Lanka Milk Foods (CWE)'s Cyclically Adjusted FCF 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.

Lanka Milk Foods (CWE) Cyclically Adjusted FCF per Share Chart

Lanka Milk Foods (CWE) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -1.31 -2.22

Lanka Milk Foods (CWE) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF 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 -2.15 -2.22 -2.38 -2.68 -2.81

Competitive Comparison of Lanka Milk Foods (CWE)'s Cyclically Adjusted FCF per Share

For the Packaged Foods subindustry, Lanka Milk Foods (CWE)'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.


Lanka Milk Foods (CWE)'s Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lanka Milk Foods (CWE)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Lanka Milk Foods (CWE)'s Cyclically Adjusted Price-to-FCF falls into.



Lanka Milk Foods (CWE) Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Lanka Milk Foods (CWE)'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)
=-0.981/129.4194*129.4194
=-0.981

Current CPI (Dec. 2023) = 129.4194.

Lanka Milk Foods (CWE) Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.605 99.695 -0.785
201406 -0.613 100.560 -0.789
201409 -1.181 100.428 -1.522
201412 -0.534 99.070 -0.698
201503 0.108 99.621 0.140
201506 0.854 100.684 1.098
201509 0.023 100.392 0.030
201512 0.033 99.792 0.043
201603 -0.270 100.470 -0.348
201606 0.289 101.688 0.368
201609 0.286 101.861 0.363
201612 0.185 101.863 0.235
201703 -0.083 102.862 -0.104
201706 0.231 103.349 0.289
201709 -0.753 104.136 -0.936
201712 0.632 104.011 0.786
201803 -0.993 105.290 -1.221
201806 0.971 106.317 1.182
201809 0.635 106.507 0.772
201812 -0.731 105.998 -0.893
201903 -1.230 107.251 -1.484
201906 0.598 108.070 0.716
201909 -0.830 108.329 -0.992
201912 -0.736 108.420 -0.879
202003 -1.607 108.902 -1.910
202006 1.007 108.767 1.198
202009 -2.353 109.815 -2.773
202012 -0.610 109.897 -0.718
202103 0.043 111.754 0.050
202106 -1.151 114.631 -1.299
202109 -0.596 115.734 -0.666
202112 -1.179 117.630 -1.297
202203 0.792 121.301 0.845
202206 -3.909 125.017 -4.047
202209 -3.880 125.227 -4.010
202212 -1.023 125.222 -1.057
202303 -0.851 127.348 -0.865
202306 -2.911 128.729 -2.927
202309 -3.035 129.860 -3.025
202312 -0.981 129.419 -0.981

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Lanka Milk Foods (CWE)  (COL:LMF.N0000) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Lanka Milk Foods (CWE) Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Lanka Milk Foods (CWE)'s Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Lanka Milk Foods (CWE) (COL:LMF.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 579/1, Welisara, Ragama, LKA
Lanka Milk Foods (CWE) PLC is engaged in the business of importing, packing, manufacturing, marketing, and distributing milk allied products. The company's operating segment includes Powdered Milk; Liquid Milk and Others, Agriculture and Trading. It generates maximum revenue from the Liquid Milk and Others segment. The Liquid Milk and Others segment includes the operating chain of packing and selling of UHT products, Daily, Ambewela Farm Fresh Milk, and fruit juice.

Lanka Milk Foods (CWE) (COL:LMF.N0000) Headlines

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