GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Jollibee Foods Corp (PHS:JFC) » Definitions » Cyclically Adjusted Price-to-FCF

Jollibee Foods (PHS:JFC) Cyclically Adjusted Price-to-FCF : 24.31 (As of May. 26, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Jollibee Foods Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Jollibee Foods's current share price is ₱230.00. Jollibee Foods's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₱9.46. Jollibee Foods's Cyclically Adjusted Price-to-FCF for today is 24.31.

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

PHS:JFC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.61   Med: 37.11   Max: 71.86
Current: 24.31

During the past years, Jollibee Foods's highest Cyclically Adjusted Price-to-FCF was 71.86. The lowest was 17.61. And the median was 37.11.

PHS:JFC's Cyclically Adjusted Price-to-FCF is ranked worse than
67.48% of 123 companies
in the Restaurants industry
Industry Median: 15.67 vs PHS:JFC: 24.31

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.

Jollibee Foods's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₱2.282. 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 ₱9.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jollibee Foods Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jollibee Foods'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.

Jollibee Foods Cyclically Adjusted Price-to-FCF Chart

Jollibee Foods 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 38.05 40.46 35.98 32.39 27.77

Jollibee Foods Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 29.90 29.68 26.52 27.77 26.69

Competitive Comparison of Jollibee Foods's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, Jollibee Foods'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.


Jollibee Foods's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jollibee Foods's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Jollibee Foods 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.

Jollibee Foods's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=230.00/9.46
=24.31

* 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.

Jollibee Foods's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Jollibee Foods'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)
=2.282/131.7762*131.7762
=2.282

Current CPI (Mar. 2024) = 131.7762.

Jollibee Foods Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.128 100.560 1.478
201409 0.282 100.428 0.370
201412 -3.703 99.070 -4.925
201503 -0.285 99.621 -0.377
201506 3.554 100.684 4.652
201509 3.346 100.392 4.392
201512 1.456 99.792 1.923
201603 1.781 100.470 2.336
201606 2.700 101.688 3.499
201609 0.445 101.861 0.576
201612 2.442 101.863 3.159
201703 -0.454 102.862 -0.582
201706 0.631 103.349 0.805
201709 1.984 104.136 2.511
201712 5.831 104.011 7.388
201803 0.615 105.290 0.770
201806 1.410 106.317 1.748
201809 0.188 106.507 0.233
201812 7.638 105.998 9.496
201903 0.165 107.251 0.203
201906 3.967 108.070 4.837
201909 2.789 108.329 3.393
201912 2.142 108.420 2.603
202003 -3.097 108.902 -3.748
202006 -4.228 108.767 -5.122
202009 -1.124 109.815 -1.349
202012 2.601 109.897 3.119
202103 1.383 111.754 1.631
202106 3.744 114.631 4.304
202109 1.527 115.734 1.739
202112 4.160 117.630 4.660
202203 1.142 121.301 1.241
202206 4.586 125.017 4.834
202209 5.250 125.227 5.525
202212 1.412 125.222 1.486
202303 3.539 127.348 3.662
202306 6.553 128.729 6.708
202309 6.591 129.860 6.688
202312 6.366 129.419 6.482
202403 2.282 131.776 2.282

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.


Jollibee Foods  (PHS:JFC) 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.


Jollibee Foods Cyclically Adjusted Price-to-FCF Related Terms

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


Jollibee Foods (PHS:JFC) Business Description

Traded in Other Exchanges
Address
10 F. Ortigas Junior avenue, 10th Floor, Jollibee Plaza Building, Ortigas Centre, Pasig, PHL, 1605
Jollibee Foods Corp is engaged in operating and franchising quick-service restaurants. The company has three business segments; The food service segment is involved in the operations of QSRs and the manufacture of food, products to be sold to JFC Group-owned and franchised QSR outlets, The franchising segment is involved in the franchising of the JFC Group's QSR store concepts, and The leasing segment leases store sites mainly to the JFC Group's independent franchisees. The group's geographical segments are based on the location of the assets producing revenues in the Philippines and in other locations which include PRC, USA, Canada, Vietnam, Singapore, Malaysia, Italy, UK, UAE, Hongkong, Macau, Brunei, Taiwan, and Australia.

Jollibee Foods (PHS:JFC) Headlines

From GuruFocus