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United Breweries (BOM:532478) Cyclically Adjusted Price-to-FCF : 147.41 (As of May. 27, 2024)


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What is United Breweries Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), United Breweries's current share price is ₹1870.65. United Breweries's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 was ₹12.69. United Breweries's Cyclically Adjusted Price-to-FCF for today is 147.41.

The historical rank and industry rank for United Breweries's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BOM:532478' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 106.3   Med: 145.87   Max: 242.39
Current: 147.43

During the past 13 years, United Breweries's highest Cyclically Adjusted Price-to-FCF was 242.39. The lowest was 106.30. And the median was 145.87.

BOM:532478's Cyclically Adjusted Price-to-FCF is ranked worse than
91.82% of 110 companies
in the Beverages - Alcoholic industry
Industry Median: 29.655 vs BOM:532478: 147.43

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.

United Breweries's adjusted free cash flow per share data of for the fiscal year that ended in Mar24 was ₹-4.319. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ₹12.69 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Breweries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for United Breweries'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.

* Premium members only.

United Breweries Cyclically Adjusted Price-to-FCF Chart

United Breweries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 141.68 166.15 124.73 109.09 136.53

United Breweries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 109.09 - - - 136.53

Competitive Comparison of United Breweries's Cyclically Adjusted Price-to-FCF

For the Beverages - Brewers subindustry, United Breweries'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.


United Breweries's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, United Breweries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



United Breweries 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.

United Breweries's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1870.65/12.69
=147.41

* 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.

United Breweries's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, United Breweries's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=-4.319/153.0345*153.0345
=-4.319

Current CPI (Mar24) = 153.0345.

United Breweries Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 16.389 97.163 25.813
201603 11.179 102.518 16.687
201703 11.650 105.196 16.948
201803 13.676 109.786 19.063
201903 7.757 118.202 10.043
202003 3.929 124.705 4.822
202103 15.870 131.771 18.431
202203 27.461 138.822 30.272
202303 -10.436 146.865 -10.874
202403 -4.319 153.035 -4.319

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.


United Breweries  (BOM:532478) 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.


United Breweries Cyclically Adjusted Price-to-FCF Related Terms

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


United Breweries (BOM:532478) Business Description

Traded in Other Exchanges
Address
No. 24 Vittal Mallya Road, UB Tower, UB City, Bengaluru, KA, IND, 560 001
United Breweries Ltd brews and sells beer and flavored malt beverages in India. The company has dozens of production facilities in India, and it licenses its brands to be manufactured in the United Kingdom, Australia, and New Zealand for sale worldwide. The company's flagship brand is Kingfisher, which is prominent in India and is sold in dozens of countries around the world. It has two segments Beer and Non-alcoholic beverages. It derives the majority of its revenue from the Beer segment. The company's other brands include Bullet, Cannon 10000, Kalyani, UB Export, Zingaroo, and London Pilsner. United Breweries also sells the Heineken brand in India.

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