GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Five Below Inc (NAS:FIVE) » Definitions » Cyclically Adjusted FCF per Share

Five Below (Five Below) Cyclically Adjusted FCF per Share : $1.44 (As of Jan. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Five Below 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.

Five Below's adjusted free cash flow per share for the three months ended in Jan. 2024 was $5.505. 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 $1.44 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Five Below's average Cyclically Adjusted FCF Growth Rate was 28.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.20% 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 Five Below was 19.20% per year. The lowest was 19.20% per year. And the median was 19.20% per year.

As of today (2024-04-30), Five Below's current stock price is $146.34. Five Below's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $1.44. Five Below's Cyclically Adjusted Price-to-FCF of today is 101.63.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Five Below was 365.02. The lowest was 102.19. And the median was 190.59.


Five Below Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Five Below'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.

Five Below Cyclically Adjusted FCF per Share Chart

Five Below 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 - 0.85 0.95 1.12 1.44

Five Below Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.12 1.26 1.29 1.00 1.44

Competitive Comparison of Five Below's Cyclically Adjusted FCF per Share

For the Specialty Retail subindustry, Five Below'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.


Five Below's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Five Below's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Five Below 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, Five Below's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=5.505/129.4194*129.4194
=5.505

Current CPI (Jan. 2024) = 129.4194.

Five Below Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.263 100.023 -0.340
201407 0.132 100.520 0.170
201410 -0.390 100.176 -0.504
201501 1.052 98.604 1.381
201504 -0.211 99.824 -0.274
201507 0.144 100.691 0.185
201510 -0.777 100.346 -1.002
201601 1.482 99.957 1.919
201604 -0.327 100.947 -0.419
201607 0.218 101.524 0.278
201610 -0.591 101.988 -0.750
201701 1.819 102.456 2.298
201704 0.378 103.167 0.474
201707 -0.356 103.278 -0.446
201710 -0.605 104.070 -0.752
201801 2.368 104.578 2.931
201804 0.187 105.708 0.229
201807 -0.225 106.324 -0.274
201810 -1.392 106.695 -1.688
201901 2.678 106.200 3.264
201904 -0.727 107.818 -0.873
201907 -0.217 108.250 -0.259
201910 -1.810 108.577 -2.157
202001 2.306 108.841 2.742
202004 -1.889 108.173 -2.260
202007 1.181 109.318 1.398
202010 0.200 109.861 0.236
202101 3.446 110.364 4.041
202104 -0.172 112.673 -0.198
202107 0.424 115.183 0.476
202110 -1.824 116.696 -2.023
202201 2.279 118.619 2.486
202204 -0.286 121.978 -0.303
202207 -0.855 125.002 -0.885
202210 -2.784 125.734 -2.866
202301 5.044 126.223 5.172
202304 0.721 127.992 0.729
202307 0.227 128.974 0.228
202310 -3.471 129.810 -3.461
202401 5.505 129.419 5.505

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


Five Below  (NAS:FIVE) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=146.34/1.44
=101.63

* 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 Five Below was 365.02. The lowest was 102.19. And the median was 190.59.


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.


Five Below Cyclically Adjusted FCF per Share Related Terms

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


Five Below (Five Below) Business Description

Traded in Other Exchanges
Address
701 Market Street, Suite 300, Philadelphia, PA, USA, 19106
Five Below is a value-oriented retailer that operated 1,340 stores in the United States as of the end of fiscal 2022. Catering to teen and preteen consumers, its stores feature a wide variety of merchandise, the vast majority of which is priced below $6. The assortment focuses on discretionary items in several categories, particularly leisure (such as sporting goods, toys, and electronics; 48% of fiscal 2022 sales), fashion and home (for example, beauty products and accessories, home goods, and storage solutions; 29% of fiscal 2022 sales), and party and snack (including seasonal goods, candy, and beverages; 23% of fiscal 2022 sales). The chain had stores in 42 states as of the end of fiscal 2022.
Executives
Thomas Vellios director C/O FIVE BELOW, INC., 1818 MARKET STREET, SUITE 2000, PHILADELPHIA PA 19103
Mimi Eckel Vaughn director C/O GENESCO INC, 535 MARRIOTT DRIVE, NASHVILLE TN 37214
Joel D Anderson director, officer: President & CEO 6436 CITY WEST PARKWAY, EDEN PRAIRIE MN 55344
Kristy Chipman officer: CFO & Treasurer 1030 W. CANTON AVENUE, SUITE 100, WINTER PARK FL 32789
Ronald Sargent director 1014 VINE STREET, CINCINNATI OH 45202
Catherine Elizabeth Buggeln director THE DRESS BARN, INC., 30 DUNNIGAN DRIVE, SUFFERN NY 10901
Kathleen S Barclay director 300 RENAISSANCE CENTER, PO BOX 300 MC 482 C32 D82, DETROIT MI 48265-3000
Michael Romanko officer: CMO C/O FIVE BELOW, INC., 1818 MARKET ST, STE. 2000, PHILADELPHIA PA 19103
George Hill officer: EVP, Store Operations C/O FIVE BELOW, INC., 1818 MARKET STREET, SUITE 2000, PHILADELPHIA PA 19103
Eric M Specter officer: CAO
Kenneth R Bull officer: CFO & Treasurer 1809 WALNUT STREET, PHILADELLPHIA PA 19103
Zuhairah Scott Washington director C/O FIVE BELOW, INC., 701 MARKET STREET, SUITE 300, PHILADELPHIA PA 19106
Devine Michael F Iii director COACH, 516 W 34TH STREET, NEW YORK NY 1001
Bernard Jin Kim director C/O MATCH GROUP, INC., 8750 N CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Judith L. Werthauser officer: Chief Experience Officer 2726 MAITLAND DRIVE, ANN ARBOR MI 48105