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Jeronimo Martins SGPS (WAR:JMT) Cyclically Adjusted Price-to-FCF : 15.27 (As of May. 26, 2024)


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What is Jeronimo Martins SGPS Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Jeronimo Martins SGPS's current share price is zł86.90. Jeronimo Martins SGPS's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was zł5.69. Jeronimo Martins SGPS's Cyclically Adjusted Price-to-FCF for today is 15.27.

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

WAR:JMT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.31   Med: 15.88   Max: 21.06
Current: 15.59

During the past years, Jeronimo Martins SGPS's highest Cyclically Adjusted Price-to-FCF was 21.06. The lowest was 11.31. And the median was 15.88.

WAR:JMT's Cyclically Adjusted Price-to-FCF is ranked worse than
50.79% of 126 companies
in the Retail - Defensive industry
Industry Median: 15.465 vs WAR:JMT: 15.59

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.

Jeronimo Martins SGPS's adjusted free cash flow per share data for the three months ended in Dec. 2023 was zł1.496. 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 zł5.69 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jeronimo Martins SGPS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jeronimo Martins SGPS'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.

Jeronimo Martins SGPS Cyclically Adjusted Price-to-FCF Chart

Jeronimo Martins SGPS 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 15.31 13.94 18.02 15.61 17.53

Jeronimo Martins SGPS 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 17.19 19.83 16.16 17.53 -

Competitive Comparison of Jeronimo Martins SGPS's Cyclically Adjusted Price-to-FCF

For the Food Distribution subindustry, Jeronimo Martins SGPS'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.


Jeronimo Martins SGPS's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

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

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



Jeronimo Martins SGPS 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.

Jeronimo Martins SGPS's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=86.90/5.69
=15.27

* 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.

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

For example, Jeronimo Martins SGPS'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)
=1.496/118.0324*118.0324
=1.496

Current CPI (Dec. 2023) = 118.0324.

Jeronimo Martins SGPS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.141 99.788 0.167
201406 1.262 99.967 1.490
201409 2.200 99.617 2.607
201412 2.261 99.723 2.676
201503 0.403 100.097 0.475
201506 1.248 100.769 1.462
201509 2.039 100.489 2.395
201512 2.263 100.119 2.668
201603 -0.145 100.547 -0.170
201606 0.830 101.319 0.967
201609 1.071 101.122 1.250
201612 1.023 100.998 1.196
201703 -1.343 101.924 -1.555
201706 1.119 102.240 1.292
201709 0.913 102.527 1.051
201712 1.234 102.479 1.421
201803 -0.649 102.626 -0.746
201806 -0.412 103.790 -0.469
201809 0.872 103.960 0.990
201812 1.254 103.159 1.435
201903 0.691 103.495 0.788
201906 1.907 104.192 2.160
201909 2.091 103.844 2.377
201912 1.700 103.592 1.937
202003 -0.050 103.544 -0.057
202006 0.682 104.323 0.772
202009 3.169 103.699 3.607
202012 3.156 103.354 3.604
202103 0.640 104.014 0.726
202106 1.712 104.852 1.927
202109 2.665 105.232 2.989
202112 3.276 106.191 3.641
202203 -0.585 109.559 -0.630
202206 2.842 114.003 2.942
202209 1.851 114.999 1.900
202212 3.748 116.377 3.801
202303 -0.723 117.701 -0.725
202306 1.311 117.872 1.313
202309 3.549 119.111 3.517
202312 1.496 118.032 1.496

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.


Jeronimo Martins SGPS  (WAR:JMT) 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.


Jeronimo Martins SGPS Cyclically Adjusted Price-to-FCF Related Terms

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


Jeronimo Martins SGPS (WAR:JMT) Business Description

Address
Rua Actor Antonio Silva, No. 7, Lisboa, PRT, 1649-033
Jeronimo Martins SGPS SA operates in food distribution, agribusiness, and other businesses. The food distribution business is the group's main activity, which consists of retail and wholesale operations under the brand's Pingo Doce and Recheio in Portugal, Poland, and Colombia. The group has five segments. Portugal Retail: comprises the business unit of JMR (Pingo Doce supermarkets), Portugal Cash & Carry: includes the wholesale business unit Recheio, Poland Retail: the business unit which operates under the Biedronka banner, Colombia Retail: the business unit which operates under Ara banner, & Others, eliminations and adjustments. The majority of revenue is derived from the Poland retail segment.

Jeronimo Martins SGPS (WAR:JMT) Headlines