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George Weston (TSX:WN) Cyclically Adjusted Price-to-FCF : 8.79 (As of May. 14, 2024)


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What is George Weston Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), George Weston's current share price is C$190.82. George Weston's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$21.72. George Weston's Cyclically Adjusted Price-to-FCF for today is 8.79.

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

TSX:WN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.6   Med: 9.54   Max: 18.01
Current: 8.79

During the past years, George Weston's highest Cyclically Adjusted Price-to-FCF was 18.01. The lowest was 6.60. And the median was 9.54.

TSX:WN's Cyclically Adjusted Price-to-FCF is ranked better than
75% of 124 companies
in the Retail - Defensive industry
Industry Median: 15.52 vs TSX:WN: 8.79

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.

George Weston's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$3.150. 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$21.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


George Weston Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for George Weston'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.

George Weston Cyclically Adjusted Price-to-FCF Chart

George Weston 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 8.40 6.78 8.99 8.95 7.73

George Weston 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 9.15 7.83 7.13 7.73 8.43

Competitive Comparison of George Weston's Cyclically Adjusted Price-to-FCF

For the Grocery Stores subindustry, George Weston'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.


George Weston's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, George Weston's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



George Weston 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=190.82/21.72
=8.79

* 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.

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

For example, George Weston'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)
=3.15/125.4675*125.4675
=3.150

Current CPI (Mar. 2024) = 125.4675.

George Weston Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 5.853 99.473 7.382
201409 2.917 99.394 3.682
201412 4.969 98.367 6.338
201503 1.920 99.789 2.414
201506 5.928 100.500 7.401
201509 5.472 100.421 6.837
201512 1.240 99.947 1.557
201603 5.082 101.054 6.310
201606 3.949 102.002 4.857
201609 5.679 101.765 7.002
201612 3.180 101.449 3.933
201703 1.537 102.634 1.879
201706 4.903 103.029 5.971
201709 3.796 103.345 4.609
201712 4.973 103.345 6.038
201803 1.671 105.004 1.997
201806 2.473 105.557 2.939
201809 5.933 105.636 7.047
201812 -1.142 105.399 -1.359
201903 5.592 106.979 6.558
201906 5.205 107.690 6.064
201909 3.960 107.611 4.617
201912 4.743 107.769 5.522
202003 9.740 107.927 11.323
202006 5.150 108.401 5.961
202009 4.573 108.164 5.305
202012 6.129 108.559 7.084
202103 4.444 110.298 5.055
202106 9.209 111.720 10.342
202109 6.072 112.905 6.748
202112 4.601 113.774 5.074
202203 3.944 117.646 4.206
202206 6.186 120.806 6.425
202209 7.543 120.648 7.844
202212 3.336 120.964 3.460
202303 3.674 122.702 3.757
202306 6.057 124.203 6.119
202309 9.789 125.230 9.808
202312 5.935 125.468 5.935
202403 3.150 125.468 3.150

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.


George Weston  (TSX:WN) 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.


George Weston Cyclically Adjusted Price-to-FCF Related Terms

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


George Weston (TSX:WN) Business Description

Address
22 St. Clair Avenue East, Suite 1901, Toronto, ON, CAN, M4T 2S7
George Weston is a holding company that controls a 53% stake in retailer Loblaw and a 62% stake in Choice Properties, a real estate investment trust. Loblaw boasts the largest retail footprint across Canada with 2,500 food retail and pharmacy stores under banners such as Loblaw, No-Frills, Maxi, and Shoppers Drug Mart. Meanwhile, open-ended Choice Properties REIT owns and manages 702 commercial and residential properties in Canada, generating 57% of its gross rental revenue from its largest tenant Loblaw. Previously, George Weston sold its wholly owned bakery Weston Foods in 2022. The firm is controlled by the Weston family, which owns a 65% stake.
Executives
Richard Dufresne Senior Officer

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