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Packaging of America (Packaging of America) Cyclically Adjusted FCF per Share : $7.33 (As of Dec. 2023)


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What is Packaging of America Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Packaging of America's adjusted free cash flow per share for the three months ended in Dec. 2023 was $2.170. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $7.33 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Packaging of America's average Cyclically Adjusted FCF Growth Rate was 10.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 16.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Packaging of America was 17.60% per year. The lowest was -4.90% per year. And the median was 15.60% per year.

As of today (2024-04-28), Packaging of America's current stock price is $172.85. Packaging of America's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $7.33. Packaging of America's Cyclically Adjusted Price-to-FCF of today is 23.58.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Packaging of America was 42.91. The lowest was 16.94. And the median was 26.63.


Packaging of America Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Packaging of America's Cyclically Adjusted FCF per Share 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.

Packaging of America Cyclically Adjusted FCF per Share Chart

Packaging of America Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.43 5.11 5.92 6.66 7.33

Packaging of America Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 6.87 7.03 7.25 7.33 -

Competitive Comparison of Packaging of America's Cyclically Adjusted FCF per Share

For the Packaging & Containers subindustry, Packaging of America'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.


Packaging of America's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Packaging of America's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Packaging of America's Cyclically Adjusted Price-to-FCF falls into.



Packaging of America Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Packaging of America'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)
=2.17/129.4194*129.4194
=2.170

Current CPI (Dec. 2023) = 129.4194.

Packaging of America Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.017 99.695 1.320
201406 0.903 100.560 1.162
201409 1.192 100.428 1.536
201412 0.145 99.070 0.189
201503 0.542 99.621 0.704
201506 1.134 100.684 1.458
201509 1.672 100.392 2.155
201512 1.353 99.792 1.755
201603 1.466 100.470 1.888
201606 1.247 101.688 1.587
201609 1.613 101.861 2.049
201612 1.358 101.863 1.725
201703 1.136 102.862 1.429
201706 1.495 103.349 1.872
201709 1.182 104.136 1.469
201712 1.665 104.011 2.072
201803 1.007 105.290 1.238
201806 1.760 106.317 2.142
201809 1.815 106.507 2.205
201812 2.114 105.998 2.581
201903 1.672 107.251 2.018
201906 2.237 108.070 2.679
201909 2.618 108.329 3.128
201912 2.056 108.420 2.454
202003 1.762 108.902 2.094
202006 1.548 108.767 1.842
202009 2.073 109.815 2.443
202012 1.095 109.897 1.290
202103 1.126 111.754 1.304
202106 1.023 114.631 1.155
202109 1.414 115.734 1.581
202112 1.611 117.630 1.772
202203 1.202 121.301 1.282
202206 1.442 125.017 1.493
202209 2.693 125.227 2.783
202212 1.903 125.222 1.967
202303 1.879 127.348 1.910
202306 2.609 128.729 2.623
202309 2.790 129.860 2.781
202312 2.170 129.419 2.170

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Packaging of America  (NYSE:PKG) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Packaging of America's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=172.85/7.33
=23.58

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Packaging of America was 42.91. The lowest was 16.94. And the median was 26.63.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Packaging of America Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Packaging of America's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Packaging of America (Packaging of America) Business Description

Traded in Other Exchanges
Address
1 North Field Court, Lake Forest, IL, USA, 60045
Packaging Corp of America is the third-largest containerboard and corrugated packaging manufacturer in the United States. It produces over 4 million tons of containerboard annually. The company's share of the domestic containerboard market is roughly 10%. The firm differentiates itself from larger competitors by focusing on smaller customers and operating with a high degree of flexibility.
Executives
Paul T Stecko director, officer: Chairman/Chief Exec. Officer
Kent A. Pflederer officer: VP, Gen. Counsel & Sec. PACKAGING CORPORATION OF AMERICA, 1955 W. FIELD CT., LAKE FOREST IL 60645
Donald R. Shirley officer: SVP 1 N. FIELD COURT, LAKE FOREST IL 60045
Bruce A Ridley officer: SVP 1 N. FIELD CT, LAKE FOREST IL 60045
Robert Andrew Schneider officer: SVP & CIO 1 N. FIELD CT, LAKE FOREST IL 60045
Thomas A Hassfurther officer: Senior VP-Sales & Marketing C/O PACKAGING CORPORATION OF AMERICA, 1900 WEST FIELD COURT, LAKE FOREST IL 60045
Charles J. Carter officer: VP-Containerboard 1900 W. FIELD CT., LAKE FOREST IL 60045
Robert P. Mundy officer: SVP 6775 LENOX CENTER COURT, SUITE 400, MEMPHIS TN 38115
Donna A. Harman director PACKAGING CORPORATION OF AMERICA, 1 N. FIELD CT., LAKE FOREST IL 60045
Darla J. Olivier officer: SVP 1 N. FIELD CT., LAKE FOREST IL 60045
Walton Thomas W.h. officer: SVP C/O PACKAGING CORPORATION OF AMERICA, 1900 W. FIELD CT., LAKE FOREST IL 60045
Jeffrey S Kaser officer: SVP 1 N FIELD CT, LAKE FOREST IL 60045
Robert C Lyons director 500 WEST MONROE ST, CHICAGO IL 60661
Pamela A. Barnes officer: SVP 1 N. FIELD CT, LAKE FOREST IL 60045
Samuel M Mencoff director, 10 percent owner BUCKEYE TECHNOLOGIES INC, 1001 TILLMAN STREET, MEMPHIS TN 38112