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United Parcel Service (United Parcel Service) Cyclically Adjusted FCF per Share : $6.17 (As of Mar. 2024)


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What is United Parcel Service Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

United Parcel Service's adjusted free cash flow per share for the three months ended in Mar. 2024 was $2.662. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $6.17 for the trailing ten years ended in Mar. 2024.

During the past 12 months, United Parcel Service's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 5.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of United Parcel Service was 14.50% per year. The lowest was -0.60% per year. And the median was 5.10% per year.

As of today (2024-04-27), United Parcel Service's current stock price is $147.59. United Parcel Service's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $6.17. United Parcel Service's Cyclically Adjusted Price-to-FCF of today is 23.92.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of United Parcel Service was 45.31. The lowest was 21.03. And the median was 27.29.


United Parcel Service Cyclically Adjusted FCF per Share Historical Data

The historical data trend for United Parcel Service's Cyclically Adjusted FCF per Share 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.

United Parcel Service Cyclically Adjusted FCF per Share Chart

United Parcel Service Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.06 4.41 5.35 6.10 6.18

United Parcel Service Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 6.23 6.38 6.41 6.18 6.17

Competitive Comparison of United Parcel Service's Cyclically Adjusted FCF per Share

For the Integrated Freight & Logistics subindustry, United Parcel Service'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.


United Parcel Service's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, United Parcel Service's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



United Parcel Service Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, United Parcel Service'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)
=2.662/129.4194*129.4194
=2.662

Current CPI (Mar. 2024) = 129.4194.

United Parcel Service Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.999 100.560 -1.286
201409 1.874 100.428 2.415
201412 0.711 99.070 0.929
201503 2.613 99.621 3.395
201506 0.986 100.684 1.267
201509 1.646 100.392 2.122
201512 0.315 99.792 0.409
201603 2.509 100.470 3.232
201606 1.671 101.688 2.127
201609 -0.231 101.861 -0.293
201612 -0.020 101.863 -0.025
201703 -0.795 102.862 -1.000
201706 1.497 103.349 1.875
201709 0.112 104.136 0.139
201712 -5.112 104.011 -6.361
201803 2.908 105.290 3.574
201806 2.093 106.317 2.548
201809 0.668 106.507 0.812
201812 1.720 105.998 2.100
201903 0.878 107.251 1.059
201906 0.671 108.070 0.804
201909 0.013 108.329 0.016
201912 1.038 108.420 1.239
202003 1.861 108.902 2.212
202006 2.606 108.767 3.101
202009 2.502 109.815 2.949
202012 -1.164 109.897 -1.371
202103 4.220 111.754 4.887
202106 3.516 114.631 3.970
202109 2.738 115.734 3.062
202112 1.847 117.630 2.032
202203 4.473 121.301 4.772
202206 3.394 125.017 3.514
202209 1.822 125.227 1.883
202212 0.964 125.222 0.996
202303 2.021 127.348 2.054
202306 2.353 128.729 2.366
202309 1.100 129.860 1.096
202312 0.422 129.419 0.422
202403 2.662 129.419 2.662

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


United Parcel Service  (NYSE:UPS) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

United Parcel Service's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=147.59/6.17
=23.92

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of United Parcel Service was 45.31. The lowest was 21.03. And the median was 27.29.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


United Parcel Service Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of United Parcel Service's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


United Parcel Service (United Parcel Service) Business Description

Address
55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, USA, 30328
As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 25 million packages per day to residences and businesses across the globe. UPS' domestic U.S. package operations generate around 64% of total revenue while international package makes up 20%. Air and ocean freight forwarding, truckload brokerage, and contract logistics make up the remainder.
Executives
Nando Cesarone officer: President, UPS International 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Laura J Lane officer: Chief Corp Affairs & Comms Off 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Brian Newman officer: Chief Financial Officer 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Brothers Norman M. Jr officer: Sr VP, Gen Counsel & Sec 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Darrell L Ford officer: Chief Human Resources Officer 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kathleen M. Gutmann officer: Senior Vice President 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kevin M Warren officer: Chief Marketing Officer 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Bala Subramanian officer: Chief Digital & Tech Officer 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Philippe R Gilbert officer: Pres, Supply Chain Solutions 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Juan R. Perez officer: Senior Vice President 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Scott A. Price officer: Chief Transformation Officer 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Russell Stokes director ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Wayne M. Hewett director 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Charlene A Thomas officer: Chief Human Resources Officer 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kathleen E Johnson director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328

United Parcel Service (United Parcel Service) Headlines