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Ledesma (BUE:LEDE) Cyclically Adjusted FCF per Share : ARS16.49 (As of Feb. 2024)


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What is Ledesma 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.

Ledesma's adjusted free cash flow per share for the three months ended in Feb. 2024 was ARS93.415. 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 ARS16.49 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Ledesma's average Cyclically Adjusted FCF Growth Rate was 689.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 87.20% 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 Ledesma was 87.20% per year. The lowest was 64.00% per year. And the median was 75.60% per year.

As of today (2024-06-06), Ledesma's current stock price is ARS1126.00. Ledesma's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was ARS16.49. Ledesma's Cyclically Adjusted Price-to-FCF of today is 68.28.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ledesma was 480.00. The lowest was 12.05. And the median was 63.68.


Ledesma Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ledesma'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.

Ledesma Cyclically Adjusted FCF per Share Chart

Ledesma Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 1.08 1.92 3.66 7.09

Ledesma Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.09 7.09 6.78 7.12 16.49

Competitive Comparison of Ledesma's Cyclically Adjusted FCF per Share

For the Conglomerates subindustry, Ledesma'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.


Ledesma's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Ledesma's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=93.415/130.9299*130.9299
=93.415

Current CPI (Feb. 2024) = 130.9299.

Ledesma Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.526 100.373 0.686
201408 -0.320 100.352 -0.418
201411 -0.621 99.635 -0.816
201502 0.317 99.032 0.419
201505 0.022 100.333 0.029
201508 -0.541 100.548 -0.704
201511 -0.631 100.135 -0.825
201602 -0.047 100.040 -0.062
201605 0.792 101.355 1.023
201608 -2.031 101.617 -2.617
201611 -1.272 101.829 -1.636
201702 -0.180 102.779 -0.229
201705 1.352 103.256 1.714
201708 -2.484 103.587 -3.140
201711 0.914 104.072 1.150
201802 -5.425 105.052 -6.761
201805 8.199 106.148 10.113
201808 -3.685 106.383 -4.535
201811 1.764 106.338 2.172
201902 3.838 106.649 4.712
201905 7.298 108.048 8.844
201908 0.054 108.245 0.065
201911 -4.483 108.519 -5.409
202002 2.261 109.139 2.712
202005 5.242 108.175 6.345
202008 -3.556 109.662 -4.246
202011 -5.522 109.793 -6.585
202102 2.016 110.968 2.379
202105 16.338 113.576 18.834
202108 -15.570 115.421 -17.662
202111 -10.890 117.269 -12.159
202202 17.152 119.703 18.761
202205 25.339 123.323 26.902
202208 -20.768 124.958 -21.761
202211 -11.128 125.607 -11.600
202302 15.368 126.928 15.853
202305 50.063 128.314 51.083
202308 -4.159 129.538 -4.204
202311 3.059 129.548 3.092
202402 93.415 130.930 93.415

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


Ledesma  (BUE:LEDE) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1126.00/16.49
=68.28

* 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 Ledesma was 480.00. The lowest was 12.05. And the median was 63.68.


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.


Ledesma Cyclically Adjusted FCF per Share Related Terms

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


Ledesma (BUE:LEDE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Avenida Corrientes 415, 8th Floor, Capital Federal, Buenos Aires, ARG
Ledesma SA is engaged in the production of sugar, paper, alcohol, bioethanol, energy, natural juices, meat, syrups, corn starches and cereals. The company also produces notebooks and other school supplies. The geographical scope of the Ledesma Group's operations is mainly in the Argentine Republic. It mainly carry out activities mainly of sugar sugar mill, alcohol distillery both hydrated intended for traditional uses and anhydrous, for bio-fuels, manufacturing of paper and stationery, production of fruits and juices and Agriculture and Livestock. It is one of the main players in the local markets for the production and marketing of sugar, alcohol, reams of paper, notebooks, coated papers and school supplies, and is the main exporter of oranges and grapefruits in the country.

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