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Tiger Brands (JSE:TBS) Cyclically Adjusted Price-to-FCF : 72.49 (As of Jun. 08, 2024)


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What is Tiger Brands Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Tiger Brands's current share price is R195.71. Tiger Brands's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 was R2.70. Tiger Brands's Cyclically Adjusted Price-to-FCF for today is 72.49.

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

JSE:TBS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 35.79   Med: 56.15   Max: 117.37
Current: 72.1

During the past 13 years, Tiger Brands's highest Cyclically Adjusted Price-to-FCF was 117.37. The lowest was 35.79. And the median was 56.15.

JSE:TBS's Cyclically Adjusted Price-to-FCF is ranked worse than
85.73% of 715 companies
in the Consumer Packaged Goods industry
Industry Median: 23.11 vs JSE:TBS: 72.10

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.

Tiger Brands's adjusted free cash flow per share data of for the fiscal year that ended in Sep23 was R-5.309. 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 R2.70 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tiger Brands Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tiger Brands'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.

Tiger Brands Cyclically Adjusted Price-to-FCF Chart

Tiger Brands 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 49.79 48.59 48.54 51.36 56.74

Tiger Brands Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 - 51.36 - 56.74 -

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

For the Packaged Foods subindustry, Tiger Brands'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.


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

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

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



Tiger Brands 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.

Tiger Brands's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=195.71/2.7
=72.49

* 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.

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

For example, Tiger Brands'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)
=-5.309/151.5022*151.5022
=-5.309

Current CPI (Sep23) = 151.5022.

Tiger Brands Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 4.001 96.794 6.262
201509 -1.030 101.154 -1.543
201609 3.783 107.694 5.322
201709 14.239 112.926 19.103
201809 0.175 118.376 0.224
201909 -2.929 123.281 -3.599
202009 4.026 126.878 4.807
202109 3.575 133.273 4.064
202209 -2.167 143.671 -2.285
202309 -5.309 151.502 -5.309

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.


Tiger Brands  (JSE:TBS) 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.


Tiger Brands Cyclically Adjusted Price-to-FCF Related Terms

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


Tiger Brands (JSE:TBS) Business Description

Traded in Other Exchanges
Address
3010 William Nicol Drive, P.O. Box 78056, Bryanston, Sandton, Johannesburg, GT, ZAF, 2146
Tiger Brands Ltd is an African manufacturer of branded food, home-care, and personal-care products. Present in 22 African countries, the company also has global distribution in the rest of the world: Germany, the United Kingdom, Sweden, Ireland, Canada, Sweden, the Philippines, Singapore, and Taiwan, among others. The product offering includes perishables, personal-care products, home-care products, snacks, baby care, beverages, grains, groceries, and out-of-home meals. The company reports under the following segments: grains, consumer brands, Home, Personal Care and Baby (HPCB), and export and international. The Grains segment is the largest segment. Some of the best-known brands are Oros, Hall's, Rose's, Ace, Albany, Purity, Ice Cap, Hugo's, and All Good.

Tiger Brands (JSE:TBS) Headlines

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