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Livestock Improvement (NZSE:LIC) Cyclically Adjusted Price-to-FCF : 13.56 (As of Jun. 11, 2024)


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What is Livestock Improvement Cyclically Adjusted Price-to-FCF?

As of today (2024-06-11), Livestock Improvement's current share price is NZ$1.22. Livestock Improvement's Cyclically Adjusted FCF per Share for the fiscal year that ended in May22 was NZ$0.09. Livestock Improvement's Cyclically Adjusted Price-to-FCF for today is 13.56.

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

NZSE:LIC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.83   Med: 18   Max: 28.83
Current: 13.93

During the past 13 years, Livestock Improvement's highest Cyclically Adjusted Price-to-FCF was 28.83. The lowest was 8.83. And the median was 18.00.

NZSE:LIC's Cyclically Adjusted Price-to-FCF is ranked better than
70.49% of 715 companies
in the Consumer Packaged Goods industry
Industry Median: 22.72 vs NZSE:LIC: 13.93

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.

Livestock Improvement's adjusted free cash flow per share data of for the fiscal year that ended in May22 was NZ$0.281. 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 NZ$0.09 for the trailing ten years ended in May22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Livestock Improvement Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Livestock Improvement'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.

Livestock Improvement Cyclically Adjusted Price-to-FCF Chart

Livestock Improvement Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.34 21.62 15.24 18.63 18.50

Livestock Improvement Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 Nov23
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 18.63 - 18.50 - -

Competitive Comparison of Livestock Improvement's Cyclically Adjusted Price-to-FCF

For the Farm Products subindustry, Livestock Improvement'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.


Livestock Improvement's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

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

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



Livestock Improvement 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.

Livestock Improvement's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.22/0.09
=13.56

* 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.

Livestock Improvement's Cyclically Adjusted FCF per Share for the fiscal year that ended in May22 is calculated as:

For example, Livestock Improvement's adjusted Free Cash Flow per Share data for the fiscal year that ended in May22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of May22 (Change)*Current CPI (May22)
=0.281/118.6897*118.6897
=0.281

Current CPI (May22) = 118.6897.

Livestock Improvement Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201305 0.015 98.061 0.018
201405 0.021 99.646 0.025
201505 -0.093 100.063 -0.110
201605 -0.167 100.480 -0.197
201705 0.078 102.231 0.091
201805 0.148 103.764 0.169
201905 0.144 105.502 0.162
202005 0.225 107.035 0.249
202105 0.175 110.614 0.188
202205 0.281 118.690 0.281

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.


Livestock Improvement  (NZSE:LIC) 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.


Livestock Improvement Cyclically Adjusted Price-to-FCF Related Terms

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


Livestock Improvement (NZSE:LIC) Business Description

Traded in Other Exchanges
N/A
Address
605 Ruakura Road, Newstead, Hamilton, NTL, NZL, 3286
Livestock Improvement Corp Ltd is an agri-tech and herd improvement company. The company's operating segments include NZ market genetics; Herd testing; Farm software and Diagnostics. It generates maximum revenue from the NZ market genetics segment. The NZ market genetics segment provides bovine genetic breeding material and related services, predominately to dairy farmers. Geographically, it derives a majority of revenue from New Zealand.

Livestock Improvement (NZSE:LIC) Headlines

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