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Ingles Markets (FRA:IN3A) Cyclically Adjusted Price-to-FCF : 12.98 (As of Jun. 08, 2024)


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What is Ingles Markets Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Ingles Markets's current share price is €64.00. Ingles Markets's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.93. Ingles Markets's Cyclically Adjusted Price-to-FCF for today is 12.98.

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

FRA:IN3A' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.18   Med: 22.72   Max: 328.64
Current: 13.18

During the past years, Ingles Markets's highest Cyclically Adjusted Price-to-FCF was 328.64. The lowest was 13.18. And the median was 22.72.

FRA:IN3A's Cyclically Adjusted Price-to-FCF is ranked better than
50.79% of 126 companies
in the Retail - Defensive industry
Industry Median: 15.135 vs FRA:IN3A: 13.18

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.

Ingles Markets's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.709. 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 €4.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ingles Markets Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ingles Markets'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.

Ingles Markets Cyclically Adjusted Price-to-FCF Chart

Ingles Markets Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.77 17.40 20.79 16.23 14.20

Ingles Markets 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 17.77 15.89 14.20 16.75 14.41

Competitive Comparison of Ingles Markets's Cyclically Adjusted Price-to-FCF

For the Grocery Stores subindustry, Ingles Markets'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.


Ingles Markets's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ingles Markets's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ingles Markets 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.

Ingles Markets's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=64.00/4.93
=12.98

* 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.

Ingles Markets's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ingles Markets'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)
=1.709/131.7762*131.7762
=1.709

Current CPI (Mar. 2024) = 131.7762.

Ingles Markets Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.065 100.560 0.085
201409 1.579 100.428 2.072
201412 -1.297 99.070 -1.725
201503 2.144 99.621 2.836
201506 0.573 100.684 0.750
201509 0.958 100.392 1.257
201512 -1.547 99.792 -2.043
201603 0.910 100.470 1.194
201606 0.411 101.688 0.533
201609 1.127 101.861 1.458
201612 -0.566 101.863 -0.732
201703 0.838 102.862 1.074
201706 0.464 103.349 0.592
201709 0.497 104.136 0.629
201712 -0.809 104.011 -1.025
201803 -0.065 105.290 -0.081
201806 0.341 106.317 0.423
201809 1.002 106.507 1.240
201812 -0.320 105.998 -0.398
201903 0.933 107.251 1.146
201906 0.319 108.070 0.389
201909 1.275 108.329 1.551
201912 -0.508 108.420 -0.617
202003 5.958 108.902 7.209
202006 1.383 108.767 1.676
202009 3.238 109.815 3.886
202012 0.955 109.897 1.145
202103 0.902 111.754 1.064
202106 2.654 114.631 3.051
202109 2.673 115.734 3.044
202112 3.427 117.630 3.839
202203 2.282 121.301 2.479
202206 3.339 125.017 3.520
202209 1.673 125.227 1.761
202212 -0.103 125.222 -0.108
202303 0.253 127.348 0.262
202306 1.789 128.729 1.831
202309 2.612 129.860 2.651
202312 -2.301 129.419 -2.343
202403 1.709 131.776 1.709

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.


Ingles Markets  (FRA:IN3A) 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.


Ingles Markets Cyclically Adjusted Price-to-FCF Related Terms

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


Ingles Markets (FRA:IN3A) Business Description

Traded in Other Exchanges
Address
2913 U.S. Highway 70 West, Black Mountain, NC, USA, 28711
Ingles Markets Inc is a U.S.-based company that is principally engaged in operating a supermarket chain. The company operates the business in the southeast United States, mainly in Georgia, North Carolina, South Carolina, and Tennessee, with a few stores in Virginia and Alabama as well. The company locates its stores majorly in suburban areas, small towns, and neighborhood areas. It offers a broad range of goods, including food products, pharmacies, health and beauty care products, and general merchandise. The retail business contributes the majority of the company's revenue. The company's real estate ownership of a material portion of total stores enables it to generate rental income.

Ingles Markets (FRA:IN3A) Headlines

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