GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mead Johnson Nutrition Co (NYSE:MJN) » Definitions » Cyclically Adjusted Price-to-FCF

Mead Johnson Nutrition Co (Mead Johnson Nutrition Co) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Mead Johnson Nutrition Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mead Johnson Nutrition Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Mead Johnson Nutrition 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.

Mead Johnson Nutrition Co Cyclically Adjusted Price-to-FCF Chart

Mead Johnson Nutrition Co Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Mead Johnson Nutrition Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 Mead Johnson Nutrition Co's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, Mead Johnson Nutrition 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.


Mead Johnson Nutrition Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Mead Johnson Nutrition Co's Cyclically Adjusted Price-to-FCF falls into.



Mead Johnson Nutrition 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.

Mead Johnson Nutrition Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2017 is calculated as:

For example, Mead Johnson Nutrition Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2017 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=0.804/102.8622*102.8622
=0.804

Current CPI (Mar. 2017) = 102.8622.

Mead Johnson Nutrition Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200612 0.000 85.142 0.000
200709 0.000 87.964 0.000
200712 0.000 88.616 0.000
200803 0.660 90.090 0.754
200806 0.625 92.320 0.696
200809 0.675 92.307 0.752
200812 0.439 88.697 0.509
200903 0.395 89.744 0.453
200906 1.006 91.003 1.137
200909 0.377 91.120 0.426
200912 0.603 91.111 0.681
201003 0.424 91.821 0.475
201006 0.097 91.962 0.108
201009 0.488 92.162 0.545
201012 0.659 92.474 0.733
201103 0.811 94.283 0.885
201106 0.369 95.235 0.399
201109 0.688 95.727 0.739
201112 0.681 95.213 0.736
201203 -0.054 96.783 -0.057
201206 1.115 96.819 1.185
201209 0.672 97.633 0.708
201212 1.050 96.871 1.115
201303 0.642 98.209 0.672
201306 0.750 98.518 0.783
201309 0.650 98.790 0.677
201312 0.746 98.326 0.780
201403 0.665 99.695 0.686
201406 0.369 100.560 0.377
201409 1.043 100.428 1.068
201412 0.917 99.070 0.952
201503 1.126 99.621 1.163
201506 0.729 100.684 0.745
201509 0.531 100.392 0.544
201512 1.330 99.792 1.371
201603 0.560 100.470 0.573
201606 0.486 101.688 0.492
201609 1.109 101.861 1.120
201612 0.771 101.863 0.779
201703 0.804 102.862 0.804

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.


Mead Johnson Nutrition Co  (NYSE:MJN) 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.


Mead Johnson Nutrition Co Cyclically Adjusted Price-to-FCF Related Terms

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


Mead Johnson Nutrition Co (Mead Johnson Nutrition Co) Business Description

Traded in Other Exchanges
N/A
Address
Mead Johnson Nutrition makes, distributes, and markets pediatric nutrition products worldwide under a variety of brands, including Enfamil, its largest label, along with Sustagen, Enfagrow, and Nutramigen. Infant formula represented 59% of 2015 sales and children's nutrition 39%, with expectant and nursing mother nutrition and pediatric vitamins comprising the remainder. The company sells its products globally; 73% of sales were generated outside the United States in 2015. At about 30% of revenue, China is the company's largest market.
Executives
Kimberly A Casiano director C/O FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
James E. Shiah officer: SVP and Controller 2 PARK AVENUE, NEW YORK NY 10016
Howard B Bernick director 1100 N WOOD DALE RD, WOOD DALE IL 60191
Michael A. Sherman director 3000 KENT AVE STE A1-100, WEST LAFAYETTE IN 47906
Robert S Singer director 6301 FITCH PATH, NEW ALBANY OH 43054
Celeste A. Clark director C/O ADVANCEPIERRE FOODS HOLDINGS, INC., 9987 CARVER ROAD, BLUE ASH OH 45242
Peter Gervis Ratcliffe director
Steven Altschuler director MEAD JOHNSON NUTRITION COMPANY, 2701 PATRIOT BLVD, GLENVIEW IL 60026
Patrick M Sheller officer: SVP, Gen. Counsel & Secretary 343 STATE STREET, ROCHESTER NY 14650
Elliot Sigal director
James M Cornelius director
Michael Grobstein director C/O GUIDANT CORP, 111 MONUMENT CIRCLE #2900, INDIANAPOLIS IN 46204-5129
Anna C Catalano director 1313 NORTH MARKET STREET, WILMINGTON DE 19894
Peter G Leemputte officer: EVP and CFO CHICAGO TITLE CORP, 171 N CLARK ST, CHICAGO IL 80601
Lynn H Clark officer: Sr. VP, Human Resources 2400 WEST LLOYD EXPRESSWAY, EVANSVILLE IL 47721

Mead Johnson Nutrition Co (Mead Johnson Nutrition Co) Headlines

From GuruFocus

Feeding the Baby Boom in Emerging Markets: Mead Johnson Nutrition

By Gordon Pape Gordon Pape 02-11-2013

Officers and Directors Say "It's Time to Buy"

By Dr. Paul Price Dr. Paul Price 08-30-2015

Robert Karr Sells Stake in Mead Johnson Nutrition

By David Goodloe David Goodloe 02-15-2016

David Rolfe Comments on Mead Johnson

By Holly LaFon Holly LaFon 04-14-2017

David Rolfe Comments on Mead Johnson Nutrition

By Holly LaFon Holly LaFon 04-18-2014