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GraceKennedy (XJAM:GK) Cyclically Adjusted FCF per Share : JMD7.04 (As of Mar. 2024)


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What is GraceKennedy 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.

GraceKennedy's adjusted free cash flow per share for the three months ended in Mar. 2024 was JMD3.346. 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 JMD7.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, GraceKennedy's average Cyclically Adjusted FCF Growth Rate was 32.60% 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.

As of today (2024-06-10), GraceKennedy's current stock price is JMD74.96. GraceKennedy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was JMD7.04. GraceKennedy's Cyclically Adjusted Price-to-FCF of today is 10.65.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of GraceKennedy was 16.43. The lowest was 10.44. And the median was 13.42.


GraceKennedy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for GraceKennedy'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.

GraceKennedy Cyclically Adjusted FCF per Share Chart

GraceKennedy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 5.66 6.66

GraceKennedy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.31 5.80 6.60 6.66 7.04

Competitive Comparison of GraceKennedy's Cyclically Adjusted FCF per Share

For the Packaged Foods subindustry, GraceKennedy'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.


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

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

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.346/131.7762*131.7762
=3.346

Current CPI (Mar. 2024) = 131.7762.

GraceKennedy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.069 100.560 -0.090
201409 0.621 100.428 0.815
201412 3.564 99.070 4.741
201503 -3.376 99.621 -4.466
201506 1.127 100.684 1.475
201509 -0.567 100.392 -0.744
201512 3.310 99.792 4.371
201603 2.132 100.470 2.796
201606 2.248 101.688 2.913
201609 1.588 101.861 2.054
201612 2.981 101.863 3.856
201703 -0.745 102.862 -0.954
201706 0.850 103.349 1.084
201709 0.177 104.136 0.224
201712 -3.753 104.011 -4.755
201803 3.502 105.290 4.383
201806 3.285 106.317 4.072
201809 -2.793 106.507 -3.456
201812 2.027 105.998 2.520
201903 -3.769 107.251 -4.631
201906 2.594 108.070 3.163
201909 1.778 108.329 2.163
201912 3.163 108.420 3.844
202003 -0.395 108.902 -0.478
202006 3.192 108.767 3.867
202009 5.804 109.815 6.965
202012 3.430 109.897 4.113
202103 2.022 111.754 2.384
202106 2.816 114.631 3.237
202109 4.098 115.734 4.666
202112 5.284 117.630 5.919
202203 -2.618 121.301 -2.844
202206 1.866 125.017 1.967
202209 0.617 125.227 0.649
202212 -2.844 125.222 -2.993
202303 -2.657 127.348 -2.749
202306 5.377 128.729 5.504
202309 8.773 129.860 8.902
202312 2.538 129.419 2.584
202403 3.346 131.776 3.346

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


GraceKennedy  (XJAM:GK) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=74.96/7.04
=10.65

* 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 GraceKennedy was 16.43. The lowest was 10.44. And the median was 13.42.


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.


GraceKennedy Cyclically Adjusted FCF per Share Related Terms

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


GraceKennedy (XJAM:GK) Business Description

Traded in Other Exchanges
Address
42-56 Harbour Street, Kingston, JAM
GraceKennedy Ltd engages in the food and financial services business. The company has four reportable segments namely Food Trading, Banking and Investments, Insurance and Money Services. The food Trading segment includes the processing and distribution of food products. It generates maximum revenue from the Food Trading segment. Geographically, it derives the majority revenue from Jamaica and also has a presence in the United Kingdom, the United States of America, Canada, Other Caribbean countries, Other European countries, Africa and Other Countries.

GraceKennedy (XJAM:GK) Headlines

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