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Altria Group (BUE:MO) Cyclically Adjusted FCF per Share : ARS1,152.33 (As of Mar. 2024)


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What is Altria 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.

Altria Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was ARS5,447.975. 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 ARS1,152.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Altria Group's average Cyclically Adjusted FCF Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 12.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 2.80% 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 Altria Group was 13.40% per year. The lowest was -11.60% per year. And the median was 6.00% per year.

As of today (2024-05-10), Altria Group's current stock price is ARS12152.00. Altria Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ARS1,152.33. Altria Group's Cyclically Adjusted Price-to-FCF of today is 10.55.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Altria Group was 33.08. The lowest was 9.44. And the median was 15.54.


Altria Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Altria 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.

Altria Group Cyclically Adjusted FCF per Share Chart

Altria 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 50.12 106.74 171.97 329.00 1,031.81

Altria 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 404.63 527.46 854.51 1,031.81 1,152.33

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

For the Tobacco subindustry, Altria 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.


Altria Group's Cyclically Adjusted Price-to-FCF Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Altria Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Altria 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, Altria 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)
=5447.975/129.4194*129.4194
=5,447.975

Current CPI (Mar. 2024) = 129.4194.

Altria Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -22.963 100.560 -29.553
201409 38.260 100.428 49.305
201412 27.030 99.070 35.311
201503 43.964 99.621 57.114
201506 -24.120 100.684 -31.004
201509 53.398 100.392 68.838
201512 44.580 99.792 57.815
201603 80.397 100.470 103.562
201606 -48.106 101.688 -61.225
201609 73.086 101.861 92.859
201612 7.657 101.863 9.728
201703 84.026 102.862 105.720
201706 -26.955 103.349 -33.755
201709 78.293 104.136 97.302
201712 28.457 104.011 35.409
201803 117.775 105.290 144.766
201806 52.913 106.317 64.411
201809 207.622 106.507 252.288
201812 137.977 105.998 168.465
201903 187.816 107.251 226.638
201906 5.925 108.070 7.096
201909 335.436 108.329 400.740
201912 317.894 108.420 379.465
202003 411.167 108.902 488.634
202006 259.699 108.767 309.009
202009 134.503 109.815 158.515
202012 432.859 109.897 509.754
202103 584.817 111.754 677.259
202106 -79.514 114.631 -89.772
202109 639.976 115.734 715.651
202112 572.111 117.630 629.453
202203 715.814 121.301 763.722
202206 -146.870 125.017 -152.042
202209 930.556 125.227 961.713
202212 958.374 125.222 990.500
202303 1,295.910 127.348 1,316.991
202306 40.943 128.729 41.163
202309 2,299.051 129.860 2,291.259
202312 2,592.339 129.419 2,592.339
202403 5,447.975 129.419 5,447.975

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


Altria Group  (BUE:MO) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12152.00/1152.33
=10.55

* 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 Altria Group was 33.08. The lowest was 9.44. And the median was 15.54.


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.


Altria Group Cyclically Adjusted FCF per Share Related Terms

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


Altria Group (BUE:MO) Business Description

Address
6601 West Broad Street, Richmond, VA, USA, 23230
Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Horizon Innovations and Helix Innovations. It holds a 10% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the U.S. with a 42% annual share in 2022. Altria holds a 42% stake in cannabis manufacturer Cronos, has acquired Njoy Holdings in 2023, and recently exited its strategic investment in Juul Labs.

Altria Group (BUE:MO) Headlines

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