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Albertsons (STU:27S) Cyclically Adjusted FCF per Share : €1.01 (As of Feb. 2024)


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What is Albertsons 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.

Albertsons's adjusted free cash flow per share for the three months ended in Feb. 2024 was €0.688. 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 €1.01 for the trailing ten years ended in Feb. 2024.

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 (2024-06-09), Albertsons's current stock price is €18.50. Albertsons's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was €1.01. Albertsons's Cyclically Adjusted Price-to-FCF of today is 18.32.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Albertsons was 22.15. The lowest was 18.33. And the median was 20.38.


Albertsons Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Albertsons'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.

Albertsons Cyclically Adjusted FCF per Share Chart

Albertsons Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.01

Albertsons Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - 0.99 0.92 1.01

Competitive Comparison of Albertsons's Cyclically Adjusted FCF per Share

For the Grocery Stores subindustry, Albertsons'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.


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

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

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



Albertsons 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, Albertsons's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.688/130.9299*130.9299
=0.688

Current CPI (Feb. 2024) = 130.9299.

Albertsons Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.061 100.373 0.080
201408 0.012 100.352 0.016
201411 -0.045 99.635 -0.059
201502 -0.796 99.032 -1.052
201505 -0.048 100.333 -0.063
201508 -0.004 100.548 -0.005
201511 -0.206 100.135 -0.269
201602 0.162 100.040 0.212
201605 0.261 101.355 0.337
201608 -0.039 101.617 -0.050
201611 -0.142 101.829 -0.183
201702 0.550 102.779 0.701
201705 0.359 103.256 0.455
201708 -0.162 103.587 -0.205
201711 -0.689 104.072 -0.867
201802 -0.244 105.052 -0.304
201805 0.815 106.148 1.005
201808 -0.003 106.383 -0.004
201811 -0.615 106.338 -0.757
201902 0.261 106.649 0.320
201905 0.675 108.048 0.818
201908 -0.112 108.245 -0.135
201911 -0.102 108.519 -0.123
202002 0.198 109.139 0.238
202005 2.654 108.175 3.212
202008 0.476 109.662 0.568
202011 -0.188 109.793 -0.224
202102 0.520 110.968 0.614
202105 0.786 113.576 0.906
202108 1.142 115.421 1.295
202111 0.383 117.269 0.428
202202 0.615 119.703 0.673
202205 0.621 123.323 0.659
202208 0.365 124.958 0.382
202211 -0.157 125.607 -0.164
202302 0.333 126.928 0.344
202305 0.342 128.314 0.349
202308 0.075 129.538 0.076
202311 -0.108 129.548 -0.109
202402 0.688 130.930 0.688

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


Albertsons  (STU:27S) 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.

Albertsons's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=18.50/1.01
=18.32

* 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.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of Albertsons was 22.15. The lowest was 18.33. And the median was 20.38.


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.


Albertsons Cyclically Adjusted FCF per Share Related Terms

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


Albertsons (STU:27S) Business Description

Traded in Other Exchanges
Address
250 Parkcenter Boulevard, Boise, ID, USA, 83706
Albertsons is the second-largest conventional grocer in America, operating 2,271 stores under 24 banners in 34 states (as of the end of fiscal 2022). Around 75% of stores have pharmacies, while nearly 20% also sell fuel. Albertsons has a significant private-label operation, accounting for around 25% of sales (excluding fuel). While its own brand assortment is mainly manufactured by third parties, Albertsons operates 19 food production plants (as of the end of fiscal 2022). Albertsons is a top two grocer in two thirds of its major markets (as of early 2022, according to company data), and virtually all of its sales come from the United States. Narrow-moat Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.

Albertsons (STU:27S) Headlines

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