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Primo Water (Primo Water) Cyclically Adjusted Price-to-FCF : 21.30 (As of May. 02, 2024)


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What is Primo Water Cyclically Adjusted Price-to-FCF?

As of today (2024-05-02), Primo Water's current share price is $19.60. Primo Water's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.92. Primo Water's Cyclically Adjusted Price-to-FCF for today is 21.30.

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

PRMW' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.97   Med: 15.6   Max: 21.5
Current: 21.5

During the past years, Primo Water's highest Cyclically Adjusted Price-to-FCF was 21.50. The lowest was 6.97. And the median was 15.60.

PRMW's Cyclically Adjusted Price-to-FCF is ranked worse than
52.94% of 51 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 21.34 vs PRMW: 21.50

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.

Primo Water's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.545. 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 $0.92 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Primo Water Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Primo Water'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.

Primo Water Cyclically Adjusted Price-to-FCF Chart

Primo Water Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.57 18.35 20.16 18.43 16.41

Primo Water Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 18.43 16.67 13.10 14.94 16.41

Competitive Comparison of Primo Water's Cyclically Adjusted Price-to-FCF

For the Beverages - Non-Alcoholic subindustry, Primo Water'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.


Primo Water's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Primo Water's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Primo Water 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.

Primo Water's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.60/0.92
=21.30

* 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.

Primo Water's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Primo Water's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.545/125.4675*125.4675
=0.545

Current CPI (Dec. 2023) = 125.4675.

Primo Water Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.666 98.604 -0.847
201406 0.174 99.473 0.219
201409 0.511 99.394 0.645
201412 0.013 98.367 0.017
201503 -0.327 99.789 -0.411
201506 0.456 100.500 0.569
201509 0.571 100.421 0.713
201512 0.946 99.947 1.188
201603 -0.446 101.054 -0.554
201606 0.430 102.002 0.529
201609 0.452 101.765 0.557
201612 0.597 101.449 0.738
201703 -0.237 102.634 -0.290
201706 0.514 103.029 0.626
201709 0.369 103.345 0.448
201712 0.431 103.345 0.523
201803 -0.589 105.004 -0.704
201806 0.006 105.557 0.007
201809 0.238 105.636 0.283
201812 0.489 105.399 0.582
201903 -0.002 106.979 -0.002
201906 -0.123 107.690 -0.143
201909 0.338 107.611 0.394
201912 0.800 107.769 0.931
202003 -0.358 107.927 -0.416
202006 0.211 108.401 0.244
202009 0.177 108.164 0.205
202012 0.256 108.559 0.296
202103 0.001 110.298 0.001
202106 0.126 111.720 0.142
202109 0.268 112.905 0.298
202112 0.447 113.774 0.493
202203 -0.109 117.646 -0.116
202206 0.110 120.806 0.114
202209 0.115 120.648 0.120
202212 0.571 120.964 0.592
202303 -0.137 122.702 -0.140
202306 0.238 124.203 0.240
202309 0.615 125.230 0.616
202312 0.545 125.468 0.545

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.


Primo Water  (NYSE:PRMW) 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.


Primo Water Cyclically Adjusted Price-to-FCF Related Terms

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


Primo Water (Primo Water) Business Description

Traded in Other Exchanges
Address
1200 Britannia Road East, Mississauga, ON, CAN, L4W 4T5
Primo Water is a pure-play water provider with a variety of products and services, including water delivery, exchange, refill/filtration, and water dispensers in 21 countries, mostly in North America and Europe. The firm usually initiates the customer relationship with the sale of water dispensers, and then generates recurring revenue via the water direct and exchange services (two thirds of total sales) by delivering large-format (typically three gallons or greater) water bottles to residential and commercial customers for use atop or inside the dispensers. Primo generates 75% of revenue and all its profits in North America, while its European operation has yet to turn a profit.
Executives
Mercedes Romero officer: Chief Procurement Officer 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607
Britta Bomhard director 500 CHARLES EWING BLVD, EWING NJ 08628
Derek R. Lewis director 1150 ASSEMBLY DR., SUITE 800, TAMPA FL 33607-4853
Lori Tauber Marcus director C/O THE CHILDREN'S PLACE, 500 PLAZA DRIVE, SECAUCUS NJ 07094
Archana Singh director 111 RIVER STREET, HOBOKEN NJ 08559
Steven P Stanbrook director 1525 HOWE ST, RACINE WI 53403
Billy D Prim director 101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101
Susan E. Cates director 101 NORTH CHERRY STREET, SUITE 501, WINSTON-SALEM NC 27101
Eric J Foss director
Thomas Harrington officer: Chief Executive Officer 5519 IDLEWILD AVENUE, TAMPA FL 33634
William Alan Jamieson officer: Global CIO 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607
David W. Hass officer: Chief Financial Officer 101 NORTH CHERRY STREET, SUITE 501, WINSTON-SALEM NC 27101
Jason R Ausher officer: Chief Accounting Officer 110 CORPORATE DRIVE, SUITE 10, PORTSMOUTH NH 03801
Anne Melaragni officer: Chief Human Resources Officer 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607
Marni Morgan Poe officer: Chief Legal Officer/Secretary 5519 W. IDLEWILD AVENUE, TAMPA FL 33634