GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hillshire Brands Co (FRA:LEE1) » Definitions » Cyclically Adjusted Price-to-FCF

Hillshire Brands Co (FRA:LEE1) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


View and export this data going back to . Start your Free Trial

What is Hillshire Brands Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hillshire Brands Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hillshire Brands Co'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.

Hillshire Brands Co Cyclically Adjusted Price-to-FCF Chart

Hillshire Brands Co Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Hillshire Brands Co Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 - - - - -

Competitive Comparison of Hillshire Brands Co's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, Hillshire Brands Co'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.


Hillshire Brands Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

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

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



Hillshire Brands Co 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.

Hillshire Brands Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2014 is calculated as:

For example, Hillshire Brands Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2014 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2014 (Change)*Current CPI (Jun. 2014)
=-0.16/100.5595*100.5595
=-0.160

Current CPI (Jun. 2014) = 100.5595.

Hillshire Brands Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200409 -0.057 80.121 -0.072
200412 2.876 80.290 3.602
200503 0.480 81.555 0.592
200506 0.584 82.062 0.716
200509 0.329 83.876 0.394
200512 3.229 83.032 3.911
200603 -0.804 84.298 -0.959
200606 0.840 85.606 0.987
200609 -1.591 85.606 -1.869
200612 0.421 85.142 0.497
200703 -0.527 86.640 -0.612
200706 1.035 87.906 1.184
200709 -0.890 87.964 -1.017
200712 0.685 88.616 0.777
200803 -0.345 90.090 -0.385
200806 0.924 92.320 1.006
200809 -0.521 92.307 -0.568
200812 0.905 88.697 1.026
200903 0.005 89.744 0.006
200906 2.315 91.003 2.558
200909 0.604 91.120 0.667
200912 0.959 91.111 1.058
201003 1.393 91.821 1.526
201006 -0.085 91.962 -0.093
201009 -0.262 92.162 -0.286
201012 0.683 92.474 0.743
201103 -0.181 94.283 -0.193
201106 0.309 95.235 0.326
201109 -1.686 95.727 -1.771
201112 1.035 95.213 1.093
201203 -2.525 96.783 -2.624
201206 1.685 96.819 1.750
201209 -0.196 97.633 -0.202
201212 0.483 96.871 0.501
201303 0.174 98.209 0.178
201306 0.234 98.518 0.239
201309 0.203 98.790 0.207
201312 0.442 98.326 0.452
201403 0.093 99.695 0.094
201406 -0.160 100.560 -0.160

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.


Hillshire Brands Co  (FRA:LEE1) 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.


Hillshire Brands Co Cyclically Adjusted Price-to-FCF Related Terms

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


Hillshire Brands Co (FRA:LEE1) Business Description

Traded in Other Exchanges
N/A
Address
Hillshire Brands Co was organized as a corporation in Baltimore, Maryland in 1941 as The C.D. Kenny Company, was renamed Sara Lee Corporation in 1985 and adopted its current name in June 2012. It is a manufacturer and marketer of food products. It provides meat-centric food solutions for the retail and foodservice markets. The Company's Brands' portfolio includes iconic brands such as Jimmy Dean, Ball Park, Hillshire Farm, State Fair, Sara Lee frozen bakery and Chef Pierre pies, as well as artisanal brands Aidells and Gallo Salame. Its operations are organized around two business segments - Retail and Foodservice/Other. Retail sells a variety of packaged meat and frozen bakery products to retail customers in North America. Products include hot dogs and corn dogs, breakfast sausages, breakfast convenience items, including breakfast sandwiches and bowls, dinner sausages, premium deli and luncheon meats and cooked hams, as well as frozen pies, cakes, cheesecakes and other desserts. The primary raw materials for the segment's products include pork and beef, which are purchased almost entirely from third party suppliers and independent farmers, and poultry. The branded meat business is highly competitive, with an emphasis on product quality, innovation and value. New product innovations are a key component to its success. The Retail segment competes with other international, national, regional and local companies in each of the product categories. Foodservice/Other sells a variety of meat and bakery products to foodservice customers in North America. Products include hot dogs and corn dogs, breakfast sausages and sandwiches, dinner sausages, premium deli and luncheon meats, ham, beef and turkey as well as a variety of bakery products, including pastries, muffins, frozen pies, cakes and cheesecakes. The primary raw materials for Foodservice/Other's products include pork, beef and poultry and, to a lesser extent, wheat flour, sugar, corn syrup, cooking oils, butter, fruit and eggs, which are purchased from independent suppliers and farmers. The Foodservice/Other segment competes with other international, national, regional and local companies in each of its product categories. It considers major mass retailers and supermarket chains in the United States to be its most significant customers. The Company is subject to regulations administered by the U.S. Department of Agriculture and the Food and Drug Administration.

Hillshire Brands Co (FRA:LEE1) Headlines

No Headlines