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United Parcel Service (NEOE:UPS) Cyclically Adjusted Price-to-FCF : 23.73 (As of May. 20, 2024)


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What is United Parcel Service Cyclically Adjusted Price-to-FCF?

As of today (2024-05-20), United Parcel Service's current share price is C$19.70. United Parcel Service's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.83. United Parcel Service's Cyclically Adjusted Price-to-FCF for today is 23.73.

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

NEOE:UPS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.03   Med: 27.21   Max: 45.31
Current: 23.77

During the past years, United Parcel Service's highest Cyclically Adjusted Price-to-FCF was 45.31. The lowest was 21.03. And the median was 27.21.

NEOE:UPS's Cyclically Adjusted Price-to-FCF is ranked worse than
58.73% of 424 companies
in the Transportation industry
Industry Median: 18.27 vs NEOE:UPS: 23.77

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.

United Parcel Service's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$3.607. 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 C$0.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Parcel Service Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for United Parcel Service'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.

United Parcel Service Cyclically Adjusted Price-to-FCF Chart

United Parcel Service 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 28.84 38.21 40.04 28.48 25.46

United Parcel Service 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 31.12 28.09 24.33 25.46 23.68

Competitive Comparison of United Parcel Service's Cyclically Adjusted Price-to-FCF

For the Integrated Freight & Logistics subindustry, United Parcel Service'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.


United Parcel Service's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, United Parcel Service's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



United Parcel Service 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.

United Parcel Service's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.70/0.83
=23.73

* 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.

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

For example, United Parcel Service'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)
=3.607/131.7762*131.7762
=3.607

Current CPI (Mar. 2024) = 131.7762.

United Parcel Service Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.082 100.560 -1.418
201409 2.064 100.428 2.708
201412 0.820 99.070 1.091
201503 3.298 99.621 4.363
201506 1.219 100.684 1.595
201509 2.183 100.392 2.865
201512 0.432 99.792 0.570
201603 3.318 100.470 4.352
201606 2.154 101.688 2.791
201609 -0.302 101.861 -0.391
201612 -0.027 101.863 -0.035
201703 -1.065 102.862 -1.364
201706 1.990 103.349 2.537
201709 0.138 104.136 0.175
201712 -6.528 104.011 -8.271
201803 3.761 105.290 4.707
201806 2.747 106.317 3.405
201809 0.870 106.507 1.076
201812 2.310 105.998 2.872
201903 1.174 107.251 1.442
201906 0.892 108.070 1.088
201909 0.017 108.329 0.021
201912 1.367 108.420 1.661
202003 2.598 108.902 3.144
202006 3.532 108.767 4.279
202009 3.311 109.815 3.973
202012 -1.490 109.897 -1.787
202103 5.305 111.754 6.255
202106 4.296 114.631 4.939
202109 3.470 115.734 3.951
202112 2.365 117.630 2.649
202203 5.663 121.301 6.152
202206 4.345 125.017 4.580
202209 2.431 125.227 2.558
202212 1.310 125.222 1.379
202303 2.765 127.348 2.861
202306 3.126 128.729 3.200
202309 1.489 129.860 1.511
202312 0.567 129.419 0.577
202403 3.607 131.776 3.607

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.


United Parcel Service  (NEOE:UPS) 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.


United Parcel Service Cyclically Adjusted Price-to-FCF Related Terms

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


United Parcel Service (NEOE:UPS) Business Description

Address
55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, USA, 30328
As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 25 million packages per day to residences and businesses across the globe. UPS' domestic U.S. package operations generate around 64% of total revenue while international package makes up 20%. Air and ocean freight forwarding, truckload brokerage, and contract logistics make up the remainder.

United Parcel Service (NEOE:UPS) Headlines