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The Kroger Co (STU:KOG) Cyclically Adjusted Price-to-FCF : 18.93 (As of Jun. 06, 2024)


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What is The Kroger Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), The Kroger Co's current share price is €47.525. The Kroger Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was €2.51. The Kroger Co's Cyclically Adjusted Price-to-FCF for today is 18.93.

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

STU:KOG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.51   Med: 24.72   Max: 49.37
Current: 19.22

During the past years, The Kroger Co's highest Cyclically Adjusted Price-to-FCF was 49.37. The lowest was 16.51. And the median was 24.72.

STU:KOG's Cyclically Adjusted Price-to-FCF is ranked worse than
61.9% of 126 companies
in the Retail - Defensive industry
Industry Median: 15.4 vs STU:KOG: 19.22

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.

The Kroger Co's adjusted free cash flow per share data for the three months ended in Jan. 2024 was €1.169. 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 €2.51 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Kroger Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for The Kroger 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.

The Kroger Co Cyclically Adjusted Price-to-FCF Chart

The Kroger Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.11 21.46 20.37 18.82 17.16

The Kroger Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 18.82 19.21 18.94 17.65 17.16

Competitive Comparison of The Kroger Co's Cyclically Adjusted Price-to-FCF

For the Grocery Stores subindustry, The Kroger 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.


The Kroger Co's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, The Kroger Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



The Kroger 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.

The Kroger Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=47.525/2.51
=18.93

* 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.

The Kroger Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, The Kroger Co's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1.169/130.1244*130.1244
=1.169

Current CPI (Jan. 2024) = 130.1244.

The Kroger Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.729 100.023 0.948
201407 0.169 100.520 0.219
201410 0.055 100.176 0.071
201501 0.061 98.604 0.081
201504 0.823 99.824 1.073
201507 0.242 100.691 0.313
201510 0.161 100.346 0.209
201601 0.240 99.957 0.312
201604 0.902 100.947 1.163
201607 -0.003 101.524 -0.004
201610 -0.529 101.988 -0.675
201701 0.141 102.456 0.179
201704 1.505 103.167 1.898
201707 0.298 103.278 0.375
201710 -0.844 104.070 -1.055
201801 -0.290 104.578 -0.361
201804 1.551 105.708 1.909
201807 0.173 106.324 0.212
201810 -0.320 106.695 -0.390
201901 -0.303 106.200 -0.371
201904 1.511 107.818 1.824
201907 0.365 108.250 0.439
201910 -0.012 108.577 -0.014
202001 -0.167 108.841 -0.200
202004 4.141 108.173 4.981
202007 0.570 109.318 0.678
202010 -0.247 109.861 -0.293
202101 0.123 110.364 0.145
202104 1.580 112.673 1.825
202107 0.412 115.183 0.465
202110 1.122 116.696 1.251
202201 0.941 118.619 1.032
202204 0.451 121.978 0.481
202207 0.868 125.002 0.904
202210 0.112 125.734 0.116
202301 0.440 126.223 0.454
202304 2.308 127.992 2.346
202307 0.727 128.974 0.733
202310 -0.586 129.810 -0.587
202401 1.169 130.124 1.169

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.


The Kroger Co  (STU:KOG) 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.


The Kroger Co Cyclically Adjusted Price-to-FCF Related Terms

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


The Kroger Co (STU:KOG) Business Description

Address
1014 Vine Street, Cincinnati, OH, USA, 45202
Kroger is the leading U.S. grocer, with 2,719 supermarkets operating under several banners throughout the country at the end of fiscal 2022. Around 83% of stores have pharmacies, while nearly 60% also sell fuel. The company also operates roughly 120 fine jewelry stores. Kroger features a leading private-label offering and manufactures around 30% of its own-brand units (and more than 40% of its grocery own-label assortment) itself in 33 food production plants nationwide. Kroger is a top-two grocer in most of its major markets (as of early 2021, according to company data). Virtually all of Kroger's sales come from the United States. Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.

The Kroger Co (STU:KOG) Headlines

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