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Perrigo Co (BSP:P1RG34) Cyclically Adjusted FCF per Share : R$16.05 (As of Mar. 2024)


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What is Perrigo Co 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.

Perrigo Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$-0.959. 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 R$16.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Perrigo Co's average Cyclically Adjusted FCF Growth Rate was -5.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -2.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.30% 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 Perrigo Co was 75.40% per year. The lowest was -3.30% per year. And the median was 15.80% per year.

As of today (2024-05-15), Perrigo Co's current stock price is R$153.30. Perrigo Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$16.05. Perrigo Co's Cyclically Adjusted Price-to-FCF of today is 9.55.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Perrigo Co was 71.03. The lowest was 7.50. And the median was 16.14.


Perrigo Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Perrigo Co'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.

Perrigo Co Cyclically Adjusted FCF per Share Chart

Perrigo Co Annual Data
Trend Jun14 Jun15 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 - 22.20 19.28 21.82 16.32

Perrigo Co 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 20.22 17.15 18.38 16.32 16.05

Competitive Comparison of Perrigo Co's Cyclically Adjusted FCF per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Perrigo 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.


Perrigo Co's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Perrigo Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Perrigo Co 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, Perrigo Co'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)
=-0.959/120.1096*120.1096
=-0.959

Current CPI (Mar. 2024) = 120.1096.

Perrigo Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.009 100.773 3.586
201409 2.842 100.474 3.397
201412 4.950 99.576 5.971
201503 5.268 99.975 6.329
201506 1.324 100.573 1.581
201509 2.588 100.274 3.100
201512 3.960 99.676 4.772
201603 3.502 99.676 4.220
201606 0.885 101.072 1.052
201609 4.347 100.274 5.207
201612 4.312 99.676 5.196
201703 3.757 100.374 4.496
201706 1.739 100.673 2.075
201709 3.950 100.474 4.722
201712 4.258 100.075 5.110
201803 3.687 100.573 4.403
201806 1.697 101.072 2.017
201809 3.603 101.371 4.269
201812 4.234 100.773 5.046
201903 2.070 101.670 2.445
201906 0.853 102.168 1.003
201909 3.144 102.268 3.693
201912 1.263 102.068 1.486
202003 4.911 102.367 5.762
202006 9.984 101.769 11.783
202009 0.742 101.072 0.882
202012 1.672 101.072 1.987
202103 -1.892 102.367 -2.220
202106 -3.963 103.364 -4.605
202109 11.907 104.859 13.639
202112 -6.212 106.653 -6.996
202203 2.184 109.245 2.401
202206 -1.699 112.734 -1.810
202209 1.476 113.431 1.563
202212 6.207 115.425 6.459
202303 -0.147 117.618 -0.150
202306 1.169 119.611 1.174
202309 3.344 120.708 3.327
202312 6.576 120.110 6.576
202403 -0.959 120.110 -0.959

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


Perrigo Co  (BSP:P1RG34) 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.

Perrigo Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=153.30/16.05
=9.55

* 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 Perrigo Co was 71.03. The lowest was 7.50. And the median was 16.14.


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.


Perrigo Co Cyclically Adjusted FCF per Share Related Terms

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


Perrigo Co (BSP:P1RG34) Business Description

Industry
Traded in Other Exchanges
Address
The Sharp Building, Hogan Place, Dublin, IRL, D02 TY74
Perrigo is one of the largest consumer health companies in the world. Since 2018, Perrigo divested its animal health and generic pharmaceuticals businesses to solely focus on consumer self-care. In North America (two thirds of total sales), the firm's product mix is anchored in private-label consumer health goods, which are sold to major retailers like Walmart, Amazon, Costco, and CVS. Perrigo also plays in Europe, Australia, and parts of Asia where it primarily generates revenue through its national brands, including Compeed, Solpadeine, Coldrex, and ellaOne.

Perrigo Co (BSP:P1RG34) Headlines

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