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Select Harvests (ASX:SHV) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Select Harvests Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Select Harvests Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Select Harvests's Cyclically Adjusted Price-to-FCF 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.

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Select Harvests Cyclically Adjusted Price-to-FCF Chart

Select Harvests Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
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Select Harvests Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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Competitive Comparison of Select Harvests's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, Select Harvests'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.


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

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

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



Select Harvests Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Select Harvests's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Select Harvests's adjusted Free Cash Flow per Share data for the fiscal year that ended in Sep23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=-0.258/125.6559*125.6559
=-0.258

Current CPI (Sep23) = 125.6559.

Select Harvests Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.180 98.352 0.230
201506 -0.208 99.838 -0.262
201606 0.624 100.859 0.777
201706 -0.311 102.809 -0.380
201806 0.014 104.945 0.017
201909 0.621 107.174 0.728
202009 -0.133 107.917 -0.155
202109 -1.071 111.168 -1.211
202209 -0.045 119.248 -0.047
202309 -0.258 125.656 -0.258

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


Select Harvests  (ASX:SHV) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Select Harvests Cyclically Adjusted Price-to-FCF Related Terms

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


Select Harvests (ASX:SHV) Business Description

Traded in Other Exchanges
Address
570-588 Swan Street, L3, Building 7, Botanicca Corporate Park, Richmond, VIC, AUS, VIC 3121
Select Harvests Ltd engages in the processing, packaging, marketing, and distribution of edible nuts, dried fruits, seeds, and a range of natural health foods in Australia. The company operates the Food Division and Almond Division. The Food division accounts for the majority of revenue processes, markets, and distributes edible nuts, dried fruits, seeds, and a range of natural health foods. The Almond Division grows, processes, and sells almonds to the food industry from company-owned almond orchards, and provides a range of management services to external owners of almond orchards, including orchard development, tree supply, farm management, land and irrigation infrastructure rental, and the sale of almonds on behalf of external investors.

Select Harvests (ASX:SHV) Headlines

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