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Valvoline (Valvoline) Cyclically Adjusted FCF per Share : $0.92 (As of Dec. 2023)


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What is Valvoline 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.

Valvoline's adjusted free cash flow per share data for the fiscal year that ended in Sep. 2023 was $-1.361. 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 $0.92 for the trailing ten years ended in Sep. 2023.

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.

As of today (2024-04-28), Valvoline's current stock price is $ 42.86. Valvoline's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep. 2023 was $0.92. Valvoline's Cyclically Adjusted Price-to-FCF of today is 46.59.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Valvoline was 46.14. The lowest was 21.47. And the median was 28.19.


Valvoline Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Valvoline'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.

Valvoline Cyclically Adjusted FCF per Share Chart

Valvoline Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.17 0.92

Valvoline Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - 0.92 -

Competitive Comparison of Valvoline's Cyclically Adjusted FCF per Share

For the Oil & Gas Refining & Marketing subindustry, Valvoline'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.


Valvoline's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Valvoline's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Valvoline 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, Valvoline's adjusted Free Cash Flow per Share data for the fiscal year that ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-1.361/129.8595*129.8595
=-1.361

Current CPI (Sep. 2023) = 129.8595.

Valvoline Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.665 100.428 0.860
201509 1.425 100.392 1.843
201609 1.441 101.861 1.837
201709 -0.971 104.136 -1.211
201809 1.152 106.507 1.405
201909 1.148 108.329 1.376
202009 1.481 109.815 1.751
202109 1.639 115.734 1.839
202209 0.844 125.227 0.875
202309 -1.361 129.860 -1.361

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


Valvoline  (NYSE:VVV) 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.

Valvoline's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=42.86/0.92
=46.59

* 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 11 years, the highest Cyclically Adjusted Price-to-FCF of Valvoline was 46.14. The lowest was 21.47. And the median was 28.19.


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.


Valvoline Cyclically Adjusted FCF per Share Related Terms

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


Valvoline (Valvoline) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Valvoline Inc (NYSE:VVV) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
100 Valvoline Way, Suite 100, Lexington, KY, USA, 40509
Valvoline Inc produces, markets, and sells automotive maintenance products, particularly lubricants, to retail outlets installers, and customers. The company offers various products such as engine oil, heavy-duty engine oil, motorcycle oil, grease and brake fluid, and others. Geographically, the majority of the revenue is generated from the United States of America.
Executives
Julie Marie O'daniel officer: Gen Counsel, Corp Secy and SVP 3499 BLAZER PARKWAY, LEXINGTON KY 40509
Robert Travis Dobbins officer: SVP & Chief Technology Officer 100 VALVOLINE WAY, LEXINGTON KY 40509
Linne Fulcher officer: Chief Operating Officer 100 VALVOLINE WAY, SUITE 100, LEXINGTON KY 40509-2714
Richard Joseph Freeland director 927 JUNCO DRIVE, COLUMBUS IN 47201
Lori Ann Flees officer: SVP and Pres., Retail Services 100 VALVOLINE WAY, LEXINGTON KY 40509
Mary E Meixelsperger officer: Chief Financial Officer 810 DSW DRIVE, COLUMBUS OH 43219
Vada O Manager director NIKE, INC, ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Patrick Pacious director 1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Heidi J. Matheys officer: Chief Marketing Officer 3499 BLAZER PARKWAY, LEXINGTON KY 40509
Dione Sturgeon officer: Chief Accounting Officer 100 VALVOLINE WAY, LEXINGTON KY 40509
Michael S. Ryan officer: Chief Accounting Officer 1000 EAST HANES MILL ROAD, WINSTON SALEM NC 27105
Gerrald Thomas A. Ii officer: Senior Vice President 3499 BLAZER PARKWAY, LEXINGTON KY 40509
Jennifer Lynn Slater director 5757 N GREEN BAY AVENUE FLORIST, TOWER MILWAUKEE WI 53209
Jamal K Muashsher officer: SVP, International 100 VALVOLINE WAY, LEXINGTON KY 40509
Anthony R. Puckett officer: President, Quick Lubes 3499 BLAZER PARKWAY, LEXINGTON KY 40509