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ICL Group (XTAE:ICL) Cyclically Adjusted FCF per Share : ₪1.36 (As of Mar. 2024)


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What is ICL Group 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.

ICL Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was ₪0.391. 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 ₪1.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ICL Group's average Cyclically Adjusted FCF Growth Rate was 15.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.20% 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 ICL Group was 10.20% per year. The lowest was 3.90% per year. And the median was 7.05% per year.

As of today (2024-06-09), ICL Group's current stock price is ₪17.09. ICL Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₪1.36. ICL Group's Cyclically Adjusted Price-to-FCF of today is 12.57.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ICL Group was 38.25. The lowest was 10.26. And the median was 19.41.


ICL Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ICL Group'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.

ICL Group Cyclically Adjusted FCF per Share Chart

ICL Group 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 0.99 0.95 1.05 1.11 1.27

ICL Group 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 1.18 1.18 1.18 1.27 1.36

Competitive Comparison of ICL Group's Cyclically Adjusted FCF per Share

For the Agricultural Inputs subindustry, ICL Group'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.


ICL Group's Cyclically Adjusted Price-to-FCF Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, ICL Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ICL Group 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, ICL Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.391/131.7762*131.7762
=0.391

Current CPI (Mar. 2024) = 131.7762.

ICL Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.258 100.560 -0.338
201409 0.261 100.428 0.342
201412 0.385 99.070 0.512
201503 -0.249 99.621 -0.329
201506 0.503 100.684 0.658
201509 -0.118 100.392 -0.155
201512 -0.272 99.792 -0.359
201603 0.103 100.470 0.135
201606 0.248 101.688 0.321
201609 0.283 101.861 0.366
201612 0.352 101.863 0.455
201703 0.262 102.862 0.336
201706 0.254 103.349 0.324
201709 0.229 104.136 0.290
201712 0.403 104.011 0.511
201803 -0.268 105.290 -0.335
201806 0.127 106.317 0.157
201809 0.150 106.507 0.186
201812 0.131 105.998 0.163
201903 0.123 107.251 0.151
201906 0.287 108.070 0.350
201909 0.648 108.329 0.788
201912 0.162 108.420 0.197
202003 0.079 108.902 0.096
202006 0.047 108.767 0.057
202009 0.176 109.815 0.211
202012 0.220 109.897 0.264
202103 0.173 111.754 0.204
202106 0.266 114.631 0.306
202109 0.424 115.734 0.483
202112 0.464 117.630 0.520
202203 0.565 121.301 0.614
202206 1.185 125.017 1.249
202209 1.231 125.227 1.295
202212 0.742 125.222 0.781
202303 0.635 127.348 0.657
202306 0.644 128.729 0.659
202309 0.630 129.860 0.639
202312 0.467 129.419 0.476
202403 0.391 131.776 0.391

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


ICL Group  (XTAE:ICL) 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.

ICL Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17.09/1.36
=12.57

* 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 ICL Group was 38.25. The lowest was 10.26. And the median was 19.41.


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.


ICL Group Cyclically Adjusted FCF per Share Related Terms

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


ICL Group (XTAE:ICL) Business Description

Industry
Traded in Other Exchanges
Address
23 Aranha Street, P.O. Box 20245, Millennium Tower, Tel-Aviv, ISR, 61202
ICL Group Ltd is a manufacturer of products based on minerals. The firm is comprised of four segments: phosphate solutions, potash, industrial products, and growing solutions. These segments all contribute to the company's development of agriculture, food, and engineered material products and services. The company mines and manufactures potash and phosphates to be used as ingredients in fertilizers and serve as a component in the pharmaceutical and food additives industries. It is also engaged in industrial additives and materials, including flame retardants, phosphate salts, specialty phosphate blends, purified phosphoric acid, electronic-grade specialty phosphoric acids. Its geographical segments are Europe, Asia, North and South America, and the Rest of the world.

ICL Group (XTAE:ICL) Headlines