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Jollibee Foods (PHS:JFC) Cyclically Adjusted Price-to-FCF : 24.51 (As of May. 09, 2024)


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What is Jollibee Foods Cyclically Adjusted Price-to-FCF?

As of today (2024-05-09), Jollibee Foods's current share price is ₱221.80. Jollibee Foods's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ₱9.05. Jollibee Foods's Cyclically Adjusted Price-to-FCF for today is 24.51.

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

PHS:JFC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.61   Med: 37.22   Max: 71.86
Current: 24.64

During the past years, Jollibee Foods's highest Cyclically Adjusted Price-to-FCF was 71.86. The lowest was 17.61. And the median was 37.22.

PHS:JFC's Cyclically Adjusted Price-to-FCF is ranked worse than
67.21% of 122 companies
in the Restaurants industry
Industry Median: 16.6 vs PHS:JFC: 24.64

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.

Jollibee Foods's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ₱6.366. 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 ₱9.05 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jollibee Foods Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jollibee Foods'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.

Jollibee Foods Cyclically Adjusted Price-to-FCF Chart

Jollibee Foods 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 38.05 40.46 35.98 32.39 27.77

Jollibee Foods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 32.39 29.90 29.68 26.52 27.77

Competitive Comparison of Jollibee Foods's Cyclically Adjusted Price-to-FCF

For the Restaurants subindustry, Jollibee Foods'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.


Jollibee Foods's Cyclically Adjusted Price-to-FCF Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jollibee Foods's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Jollibee Foods 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=221.80/9.05
=24.51

* 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.

Jollibee Foods's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Jollibee Foods's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.366/129.4194*129.4194
=6.366

Current CPI (Dec. 2023) = 129.4194.

Jollibee Foods Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.134 99.695 -0.174
201406 1.128 100.560 1.452
201409 0.282 100.428 0.363
201412 -3.703 99.070 -4.837
201503 -0.285 99.621 -0.370
201506 3.554 100.684 4.568
201509 3.346 100.392 4.313
201512 1.456 99.792 1.888
201603 1.781 100.470 2.294
201606 2.700 101.688 3.436
201609 0.445 101.861 0.565
201612 2.442 101.863 3.103
201703 -0.454 102.862 -0.571
201706 0.631 103.349 0.790
201709 1.984 104.136 2.466
201712 5.831 104.011 7.255
201803 0.615 105.290 0.756
201806 1.410 106.317 1.716
201809 0.188 106.507 0.228
201812 7.638 105.998 9.326
201903 0.165 107.251 0.199
201906 3.967 108.070 4.751
201909 2.789 108.329 3.332
201912 2.142 108.420 2.557
202003 -3.097 108.902 -3.680
202006 -4.228 108.767 -5.031
202009 -1.124 109.815 -1.325
202012 2.601 109.897 3.063
202103 1.383 111.754 1.602
202106 3.744 114.631 4.227
202109 1.527 115.734 1.708
202112 4.160 117.630 4.577
202203 1.142 121.301 1.218
202206 4.586 125.017 4.748
202209 5.250 125.227 5.426
202212 1.412 125.222 1.459
202303 3.539 127.348 3.597
202306 6.553 128.729 6.588
202309 6.591 129.860 6.569
202312 6.366 129.419 6.366

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.


Jollibee Foods  (PHS:JFC) 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.


Jollibee Foods Cyclically Adjusted Price-to-FCF Related Terms

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


Jollibee Foods (PHS:JFC) Business Description

Traded in Other Exchanges
Address
10 F. Ortigas Junior avenue, 10th Floor, Jollibee Plaza Building, Ortigas Centre, Pasig, PHL, 1605
Jollibee Foods Corp is engaged in operating and franchising quick-service restaurants. The company has three business segments; The food service segment is involved in the operations of QSRs and the manufacture of food, products to be sold to JFC Group-owned and franchised QSR outlets, The franchising segment is involved in the franchising of the JFC Group's QSR store concepts, and The leasing segment leases store sites mainly to the JFC Group's independent franchisees. The group's geographical segments are based on the location of the assets producing revenues in the Philippines and in other locations which include PRC, USA, Canada, Vietnam, Singapore, Malaysia, Italy, UK, UAE, Hongkong, Macau, Brunei, Taiwan, and Australia.

Jollibee Foods (PHS:JFC) Headlines

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