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International Flavors & Fragrances (BSP:I1FF34) Cyclically Adjusted Price-to-FCF : 19.53 (As of Jun. 05, 2024)


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What is International Flavors & Fragrances Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), International Flavors & Fragrances's current share price is R$217.77. International Flavors & Fragrances's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$11.15. International Flavors & Fragrances's Cyclically Adjusted Price-to-FCF for today is 19.53.

The historical rank and industry rank for International Flavors & Fragrances's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:I1FF34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.32   Med: 36.71   Max: 47.11
Current: 21.36

During the past years, International Flavors & Fragrances's highest Cyclically Adjusted Price-to-FCF was 47.11. The lowest was 14.32. And the median was 36.71.

BSP:I1FF34's Cyclically Adjusted Price-to-FCF is ranked better than
55.9% of 576 companies
in the Chemicals industry
Industry Median: 24.74 vs BSP:I1FF34: 21.36

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.

International Flavors & Fragrances's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$-0.185. 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 R$11.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Flavors & Fragrances Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for International Flavors & Fragrances'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.

International Flavors & Fragrances Cyclically Adjusted Price-to-FCF Chart

International Flavors & Fragrances Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.78 28.60 34.04 24.09 18.29

International Flavors & Fragrances 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 20.78 18.02 15.50 18.29 19.12

Competitive Comparison of International Flavors & Fragrances's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, International Flavors & Fragrances'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.


International Flavors & Fragrances's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, International Flavors & Fragrances's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where International Flavors & Fragrances's Cyclically Adjusted Price-to-FCF falls into.



International Flavors & Fragrances 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.

International Flavors & Fragrances's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=217.77/11.15
=19.53

* 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.

International Flavors & Fragrances's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, International Flavors & Fragrances'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)
=-0.185/131.7762*131.7762
=-0.185

Current CPI (Mar. 2024) = 131.7762.

International Flavors & Fragrances Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.272 100.560 1.667
201409 1.806 100.428 2.370
201412 2.527 99.070 3.361
201503 0.234 99.621 0.310
201506 2.228 100.684 2.916
201509 2.410 100.392 3.163
201512 3.336 99.792 4.405
201603 0.403 100.470 0.529
201606 2.387 101.688 3.093
201609 2.902 101.861 3.754
201612 3.199 101.863 4.138
201703 -0.161 102.862 -0.206
201706 0.414 103.349 0.528
201709 2.179 104.136 2.757
201712 2.896 104.011 3.669
201803 -0.919 105.290 -1.150
201806 0.767 106.317 0.951
201809 2.813 106.507 3.480
201812 2.850 105.998 3.543
201903 -0.176 107.251 -0.216
201906 1.301 108.070 1.586
201909 2.735 108.329 3.327
201912 4.383 108.420 5.327
202003 -0.692 108.902 -0.837
202006 3.641 108.767 4.411
202009 3.861 109.815 4.633
202012 5.212 109.897 6.250
202103 3.625 111.754 4.274
202106 2.642 114.631 3.037
202109 3.592 115.734 4.090
202112 1.774 117.630 1.987
202203 -1.347 121.301 -1.463
202206 -1.495 125.017 -1.576
202209 1.357 125.227 1.428
202212 0.494 125.222 0.520
202303 -0.490 127.348 -0.507
202306 1.266 128.729 1.296
202309 3.087 129.860 3.133
202312 5.102 129.419 5.195
202403 -0.185 131.776 -0.185

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.


International Flavors & Fragrances  (BSP:I1FF34) 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.


International Flavors & Fragrances Cyclically Adjusted Price-to-FCF Related Terms

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


International Flavors & Fragrances (BSP:I1FF34) Business Description

Address
521 West 57th Street, New York, NY, USA, 10019-2960
International Flavors & Fragrances is the largest specialty ingredients producer globally. The company sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations, partnering with customers to deliver custom solutions. The nourish segment, which generates roughly half of revenue, is a leading flavor producer and also sell texturants, plant-based proteins, and other ingredients. The health and biosciences business, which generates around one fourth of revenue, is a global leader in probiotics and enzymes. IFF is also one of the leading fragrance producers in the world. The firm also sells pharmaceutical ingredients such as excipients and time-release polymers.

International Flavors & Fragrances (BSP:I1FF34) Headlines

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