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Becker Milk Co (TSX:BEK.B) Cyclically Adjusted FCF per Share : C$0.68 (As of Jan. 2024)


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What is Becker Milk Co 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.

Becker Milk Co's adjusted free cash flow per share for the three months ended in Jan. 2024 was C$0.259. 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 C$0.68 for the trailing ten years ended in Jan. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -7.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -5.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -1.50% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Becker Milk Co was 21.60% per year. The lowest was -7.30% per year. And the median was 3.20% per year.

As of today (2024-05-24), Becker Milk Co's current stock price is C$12.60. Becker Milk Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was C$0.68. Becker Milk Co's Cyclically Adjusted Price-to-FCF of today is 18.53.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Becker Milk Co was 24.51. The lowest was 12.91. And the median was 17.98.


Becker Milk Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Becker Milk Co'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.

Becker Milk Co Cyclically Adjusted FCF per Share Chart

Becker Milk Co Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.85 0.80 0.71 0.68

Becker Milk Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.69 0.68 0.70 0.69 0.68

Competitive Comparison of Becker Milk Co's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, Becker Milk Co'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.


Becker Milk Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Becker Milk Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Becker Milk Co 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, Becker Milk Co's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.259/125.0724*125.0724
=0.259

Current CPI (Jan. 2024) = 125.0724.

Becker Milk Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.075 98.920 0.095
201407 0.750 99.315 0.945
201410 -0.277 99.473 -0.348
201501 0.296 98.209 0.377
201504 0.027 99.710 0.034
201507 0.323 100.579 0.402
201510 0.250 100.500 0.311
201601 0.223 100.184 0.278
201604 0.209 101.370 0.258
201607 0.158 101.844 0.194
201610 0.119 102.002 0.146
201701 0.225 102.318 0.275
201704 0.183 103.029 0.222
201707 0.167 103.029 0.203
201710 0.133 103.424 0.161
201801 0.087 104.056 0.105
201804 0.120 105.320 0.143
201807 0.126 106.110 0.149
201810 0.113 105.952 0.133
201901 0.315 105.557 0.373
201904 0.164 107.453 0.191
201907 0.194 108.243 0.224
201910 0.009 107.927 0.010
202001 0.163 108.085 0.189
202004 0.120 107.216 0.140
202007 0.077 108.401 0.089
202010 0.015 108.638 0.017
202101 0.056 109.192 0.064
202104 0.041 110.851 0.046
202107 0.012 112.431 0.013
202110 0.025 113.695 0.028
202201 0.038 114.801 0.041
202204 0.018 118.357 0.019
202207 0.077 120.964 0.080
202210 0.014 121.517 0.014
202301 0.233 121.596 0.240
202304 0.176 123.571 0.178
202307 0.479 124.914 0.480
202310 0.059 125.310 0.059
202401 0.259 125.072 0.259

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


Becker Milk Co  (TSX:BEK.B) 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.

Becker Milk Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.60/0.68
=18.53

* 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 13 years, the highest Cyclically Adjusted Price-to-FCF of Becker Milk Co was 24.51. The lowest was 12.91. And the median was 17.98.


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.


Becker Milk Co Cyclically Adjusted FCF per Share Related Terms

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


Becker Milk Co (TSX:BEK.B) Business Description

Industry
Traded in Other Exchanges
N/A
Address
393 Eglinton Avenue East, 2nd Floor, Toronto, ON, CAN, M4P 1M6
Website
Becker Milk Co Ltd engages in the ownership and management of retail commercial properties in Ontario, Canada. The company leases retail stores with a few residential sites.

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