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Ingredion (FRA:CNP) Cyclically Adjusted Price-to-FCF : 18.30 (As of May. 26, 2024)


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What is Ingredion Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Ingredion's current share price is €108.70. Ingredion's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €5.94. Ingredion's Cyclically Adjusted Price-to-FCF for today is 18.30.

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

FRA:CNP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.67   Med: 20.08   Max: 42.32
Current: 18.3

During the past years, Ingredion's highest Cyclically Adjusted Price-to-FCF was 42.32. The lowest was 12.67. And the median was 20.08.

FRA:CNP's Cyclically Adjusted Price-to-FCF is ranked better than
60.31% of 703 companies
in the Consumer Packaged Goods industry
Industry Median: 23.56 vs FRA:CNP: 18.30

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.

Ingredion's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.983. 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 €5.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ingredion Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ingredion'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.

Ingredion Cyclically Adjusted Price-to-FCF Chart

Ingredion 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 17.76 14.22 16.11 17.92 17.47

Ingredion 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 18.40 18.15 16.35 17.47 18.17

Competitive Comparison of Ingredion's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, Ingredion'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.


Ingredion's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ingredion's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ingredion 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=108.70/5.94
=18.30

* 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.

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

For example, Ingredion'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)
=1.983/131.7762*131.7762
=1.983

Current CPI (Mar. 2024) = 131.7762.

Ingredion Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.494 100.560 0.647
201409 1.692 100.428 2.220
201412 1.997 99.070 2.656
201503 0.140 99.621 0.185
201506 1.336 100.684 1.749
201509 2.053 100.392 2.695
201512 1.478 99.792 1.952
201603 0.488 100.470 0.640
201606 1.215 101.688 1.575
201609 2.446 101.861 3.164
201612 1.809 101.863 2.340
201703 0.749 102.862 0.960
201706 1.204 103.349 1.535
201709 1.648 104.136 2.085
201712 1.752 104.011 2.220
201803 0.606 105.290 0.758
201806 1.611 106.317 1.997
201809 1.824 106.507 2.257
201812 0.102 105.998 0.127
201903 -0.814 107.251 -1.000
201906 2.088 108.070 2.546
201909 2.182 108.329 2.654
201912 1.242 108.420 1.510
202003 -0.440 108.902 -0.532
202006 1.997 108.767 2.419
202009 2.424 109.815 2.909
202012 2.152 109.897 2.580
202103 -0.537 111.754 -0.633
202106 0.672 114.631 0.773
202109 0.553 115.734 0.630
202112 0.470 117.630 0.527
202203 -1.840 121.301 -1.999
202206 -0.155 125.017 -0.163
202209 0.379 125.227 0.399
202212 -0.354 125.222 -0.373
202303 -1.768 127.348 -1.829
202306 3.456 128.729 3.538
202309 4.042 129.860 4.102
202312 4.496 129.419 4.578
202403 1.983 131.776 1.983

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.


Ingredion  (FRA:CNP) 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.


Ingredion Cyclically Adjusted Price-to-FCF Related Terms

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


Ingredion (FRA:CNP) Business Description

Traded in Other Exchanges
Address
5 Westbrook Corporate Center, Westchester, IL, USA, 60154
Ingredion is an ingredients provider for the food, beverage, brewing, and animal nutrition industries. The company processes corn, tapioca, potatoes, stevia, grains, fruits, gums, and vegetables into value-added ingredients. The company has two main product lines: specialty and core ingredients. Specialty ingredients includes starch-based texturizers, natural alternative sweeteners such as stevia, and plant proteins for alternative dairy and snacks. Core ingredients includes sweeteners, such as high-fructose corn syrup, and commodity starches, such as those used for sustainable packaging.

Ingredion (FRA:CNP) Headlines