GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Universal Corp (STU:UVV) » Definitions » Cyclically Adjusted Price-to-FCF

Universal (STU:UVV) Cyclically Adjusted Price-to-FCF : 17.35 (As of Jun. 10, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Universal Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Universal's current share price is €43.20. Universal's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.49. Universal's Cyclically Adjusted Price-to-FCF for today is 17.35.

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

STU:UVV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.09   Med: 15.04   Max: 49.1
Current: 17.36

During the past years, Universal's highest Cyclically Adjusted Price-to-FCF was 49.10. The lowest was 8.09. And the median was 15.04.

STU:UVV's Cyclically Adjusted Price-to-FCF is ranked worse than
80% of 25 companies
in the Tobacco Products industry
Industry Median: 10.25 vs STU:UVV: 17.36

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.

Universal's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-1.692. 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 €2.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Universal Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Universal'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.

Universal Cyclically Adjusted Price-to-FCF Chart

Universal Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.26 13.84 14.60 17.86 19.06

Universal 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 17.86 13.80 10.64 23.83 19.06

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

For the Tobacco subindustry, Universal'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.


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

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

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



Universal 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=43.20/2.49
=17.35

* 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.

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

For example, Universal'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)
=-1.692/131.7762*131.7762
=-1.692

Current CPI (Mar. 2024) = 131.7762.

Universal Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -4.174 100.560 -5.470
201409 -8.338 100.428 -10.941
201412 9.732 99.070 12.945
201503 7.090 99.621 9.378
201506 -5.033 100.684 -6.587
201509 -1.357 100.392 -1.781
201512 4.677 99.792 6.176
201603 6.628 100.470 8.693
201606 0.343 101.688 0.444
201609 -0.124 101.861 -0.160
201612 5.057 101.863 6.542
201703 2.237 102.862 2.866
201706 -4.286 103.349 -5.465
201709 -3.848 104.136 -4.869
201712 5.565 104.011 7.051
201803 3.837 105.290 4.802
201806 -6.072 106.317 -7.526
201809 -1.816 106.507 -2.247
201812 3.720 105.998 4.625
201903 8.784 107.251 10.793
201906 -4.285 108.070 -5.225
201909 -6.152 108.329 -7.484
201912 3.540 108.420 4.303
202003 6.191 108.902 7.491
202006 -0.300 108.767 -0.363
202009 -5.634 109.815 -6.761
202012 5.880 109.897 7.051
202103 5.049 111.754 5.954
202106 -4.721 114.631 -5.427
202109 0.066 115.734 0.075
202112 1.703 117.630 1.908
202203 3.023 121.301 3.284
202206 -9.137 125.017 -9.631
202209 -5.346 125.227 -5.626
202212 5.664 125.222 5.960
202303 5.911 127.348 6.117
202306 -4.527 128.729 -4.634
202309 3.737 129.860 3.792
202312 -2.649 129.419 -2.697
202403 -1.692 131.776 -1.692

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.


Universal  (STU:UVV) 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.


Universal Cyclically Adjusted Price-to-FCF Related Terms

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


Universal (STU:UVV) Business Description

Traded in Other Exchanges
Address
9201 Forest Hill Avenue, Richmond, VA, USA, 23235
Universal Corp is a global leaf tobacco supplier. The company procures leaf tobacco from farmers, processes it, and sells it to companies that manufacture consumer tobacco products. Universal does not manufacture or sell any consumer products itself. The company's segment includes Tobacco Operations and Ingredients Operations. It generates maximum revenue from the Tobacco Operations segment. Geographically, it derives a majority of revenue from the United States.

Universal (STU:UVV) Headlines