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O-I Glass (STU:2WZ) Cyclically Adjusted Price-to-FCF : 11.20 (As of May. 24, 2024)


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What is O-I Glass Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), O-I Glass's current share price is €11.20. O-I Glass's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.00. O-I Glass's Cyclically Adjusted Price-to-FCF for today is 11.20.

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

STU:2WZ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.86   Med: 12.39   Max: 30.31
Current: 11.32

During the past years, O-I Glass's highest Cyclically Adjusted Price-to-FCF was 30.31. The lowest was 3.86. And the median was 12.39.

STU:2WZ's Cyclically Adjusted Price-to-FCF is ranked better than
69.23% of 156 companies
in the Packaging & Containers industry
Industry Median: 17.16 vs STU:2WZ: 11.32

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.

O-I Glass's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-2.804. 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 €1.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


O-I Glass Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for O-I Glass'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.

O-I Glass Cyclically Adjusted Price-to-FCF Chart

O-I Glass 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 8.10 7.85 7.34 12.99 14.28

O-I Glass 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 17.52 16.17 12.86 14.28 14.94

Competitive Comparison of O-I Glass's Cyclically Adjusted Price-to-FCF

For the Packaging & Containers subindustry, O-I Glass'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.


O-I Glass's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, O-I Glass's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



O-I Glass 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.

O-I Glass's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.20/1
=11.20

* 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.

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

For example, O-I Glass'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)
=-2.804/131.7762*131.7762
=-2.804

Current CPI (Mar. 2024) = 131.7762.

O-I Glass Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.363 100.560 0.476
201409 0.589 100.428 0.773
201412 2.003 99.070 2.664
201503 -2.173 99.621 -2.874
201506 0.352 100.684 0.461
201509 0.684 100.392 0.898
201512 2.282 99.792 3.013
201603 -2.326 100.470 -3.051
201606 0.558 101.688 0.723
201609 1.239 101.861 1.603
201612 2.244 101.863 2.903
201703 -2.482 102.862 -3.180
201706 0.503 103.349 0.641
201709 0.442 104.136 0.559
201712 2.735 104.011 3.465
201803 -2.514 105.290 -3.146
201806 0.463 106.317 0.574
201809 0.740 106.507 0.916
201812 2.977 105.998 3.701
201903 -4.045 107.251 -4.970
201906 -1.018 108.070 -1.241
201909 1.845 108.329 2.244
201912 3.230 108.420 3.926
202003 -2.497 108.902 -3.021
202006 0.634 108.767 0.768
202009 1.093 109.815 1.312
202012 1.358 109.897 1.628
202103 -0.794 111.754 -0.936
202106 0.604 114.631 0.694
202109 1.165 115.734 1.326
202112 0.559 117.630 0.626
202203 -0.966 121.301 -1.049
202206 0.536 125.017 0.565
202209 -3.120 125.227 -3.283
202212 1.097 125.222 1.154
202303 -1.691 127.348 -1.750
202306 0.684 128.729 0.700
202309 0.835 129.860 0.847
202312 0.940 129.419 0.957
202403 -2.804 131.776 -2.804

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.


O-I Glass  (STU:2WZ) 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.


O-I Glass Cyclically Adjusted Price-to-FCF Related Terms

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


O-I Glass (STU:2WZ) Business Description

Traded in Other Exchanges
Address
One Michael Owens Way, Perrysburg, OH, USA, 43551
O-I Glass is the world's largest manufacturer of glass bottles; 70% of its revenue comes from outside the United States. O-I has a market-leading position in key markets such as Europe, North America, and Brazil, among others. Beer is the primary end market for O-I's glass bottles, which are also used for wine, soda, spirits, condiments, and food. In the coming years, O-I is looking to maintain or expand its dominant positions in Europe, North America, and South America.

O-I Glass (STU:2WZ) Headlines

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