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The Kroger Co (MIL:1KR) Cyclically Adjusted FCF per Share : €2.55 (As of Jul. 2024)


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What is The Kroger Co 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.

The Kroger Co's adjusted free cash flow per share for the three months ended in Jul. 2024 was €0.313. 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 €2.55 for the trailing ten years ended in Jul. 2024.

During the past 12 months, The Kroger Co's average Cyclically Adjusted FCF Growth Rate was 7.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 22.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 14.60% 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 The Kroger Co was 26.80% per year. The lowest was -11.20% per year. And the median was 8.90% per year.

As of today (2024-10-09), The Kroger Co's current stock price is €50.21. The Kroger Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jul. 2024 was €2.55. The Kroger Co's Cyclically Adjusted Price-to-FCF of today is 19.69.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of The Kroger Co was 49.37. The lowest was 16.51. And the median was 22.83.


The Kroger Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for The Kroger Co'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.

The Kroger Co Cyclically Adjusted FCF per Share Chart

The Kroger Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.43

The Kroger Co Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 - - 2.43 2.57 2.55

Competitive Comparison of The Kroger Co's Cyclically Adjusted FCF per Share

For the Grocery Stores subindustry, The Kroger Co'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.


The Kroger Co's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

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

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



The Kroger Co 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, The Kroger Co's adjusted Free Cash Flow per Share data for the three months ended in Jul. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jul. 2024 (Change)*Current CPI (Jul. 2024)
=0.313/132.7078*132.7078
=0.313

Current CPI (Jul. 2024) = 132.7078.

The Kroger Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201410 0.055 100.176 0.073
201501 0.061 98.604 0.082
201504 0.823 99.824 1.094
201507 0.242 100.691 0.319
201510 0.161 100.346 0.213
201601 0.240 99.957 0.319
201604 0.902 100.947 1.186
201607 -0.003 101.524 -0.004
201610 -0.529 101.988 -0.688
201701 0.141 102.456 0.183
201704 1.505 103.167 1.936
201707 0.298 103.278 0.383
201710 -0.844 104.070 -1.076
201801 -0.290 104.578 -0.368
201804 1.551 105.708 1.947
201807 0.173 106.324 0.216
201810 -0.320 106.695 -0.398
201901 -0.303 106.200 -0.379
201904 1.511 107.818 1.860
201907 0.365 108.250 0.447
201910 -0.012 108.577 -0.015
202001 -0.167 108.841 -0.204
202004 4.141 108.173 5.080
202007 0.570 109.318 0.692
202010 -0.247 109.861 -0.298
202101 0.123 110.364 0.148
202104 1.580 112.673 1.861
202107 0.412 115.183 0.475
202110 1.122 116.696 1.276
202201 0.941 118.619 1.053
202204 0.451 121.978 0.491
202207 0.868 125.002 0.922
202210 0.112 125.734 0.118
202301 0.440 126.223 0.463
202304 2.308 127.992 2.393
202307 0.727 128.974 0.748
202310 -0.586 129.810 -0.599
202401 1.169 130.124 1.192
202404 1.331 132.289 1.335
202407 0.313 132.708 0.313

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


The Kroger Co  (MIL:1KR) 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.

The Kroger Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=50.21/2.55
=19.69

* 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 The Kroger Co was 49.37. The lowest was 16.51. And the median was 22.83.


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.


The Kroger Co Cyclically Adjusted FCF per Share Related Terms

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


The Kroger Co Business Description

Address
1014 Vine Street, Cincinnati, OH, USA, 45202
Kroger is one of the largest grocery retailers in the United States with more than 2,700 stores across a portfolio of over 20 supermarket banners. The company boasts an ingrained presence in US communities, citing that it is a top-two grocer in most of its major market areas. Over one fourth of Kroger's roughly $110 billion in nonperishable and fresh food sales (about 75% of revenue) stems from its private-label portfolio, of which the company manufactures about 30% of units via its 33 food production plants. The firm also operates fuel stations and pharmacies at 60% and 80% of its locations, respectively.

The Kroger Co Headlines

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