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Iconix Brand Group (FRA:IKIA) Cyclically Adjusted FCF per Share : €0.00 (As of Mar. 2021)


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What is Iconix Brand Group 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.

Iconix Brand Group's adjusted free cash flow per share for the three months ended in Mar. 2021 was €0.209. 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 €0.00 for the trailing ten years ended in Mar. 2021.

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 (2024-06-09), Iconix Brand Group's current stock price is €2.62. Iconix Brand Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2021 was €0.00. Iconix Brand Group's Cyclically Adjusted Price-to-FCF of today is .


Iconix Brand Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Iconix Brand Group'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.

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Iconix Brand Group Cyclically Adjusted FCF per Share Chart

Iconix Brand Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted FCF per Share
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Iconix Brand Group Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of Iconix Brand Group's Cyclically Adjusted FCF per Share

For the Apparel Manufacturing subindustry, Iconix Brand Group'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.


Iconix Brand Group's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Iconix Brand Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Iconix Brand Group 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, Iconix Brand Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2021 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=0.209/111.7544*111.7544
=0.209

Current CPI (Mar. 2021) = 111.7544.

Iconix Brand Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201106 5.452 95.235 6.398
201109 2.012 95.727 2.349
201112 4.517 95.213 5.302
201203 5.251 96.783 6.063
201206 6.699 96.819 7.732
201209 4.770 97.633 5.460
201212 5.301 96.871 6.115
201303 6.415 98.209 7.300
201306 5.878 98.518 6.668
201309 6.427 98.790 7.270
201312 3.827 98.326 4.350
201403 6.299 99.695 7.061
201406 3.579 100.560 3.977
201409 4.752 100.428 5.288
201412 6.351 99.070 7.164
201503 5.182 99.621 5.813
201506 11.720 100.684 13.009
201509 7.268 100.392 8.091
201512 9.866 99.792 11.049
201603 5.622 100.470 6.253
201606 4.357 101.688 4.788
201609 3.366 101.861 3.693
201612 6.212 101.863 6.815
201703 1.700 102.862 1.847
201706 1.254 103.349 1.356
201709 -3.415 104.136 -3.665
201712 0.857 104.011 0.921
201803 1.831 105.290 1.943
201806 2.310 106.317 2.428
201809 0.493 106.507 0.517
201812 0.704 105.998 0.742
201903 -0.102 107.251 -0.106
201906 1.080 108.070 1.117
201909 0.155 108.329 0.160
201912 1.088 108.420 1.121
202003 -0.323 108.902 -0.331
202006 1.597 108.767 1.641
202009 -0.006 109.815 -0.006
202012 0.035 109.897 0.036
202103 0.209 111.754 0.209

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


Iconix Brand Group  (FRA:IKIA) 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.


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.


Iconix Brand Group Cyclically Adjusted FCF per Share Related Terms

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


Iconix Brand Group (FRA:IKIA) Business Description

Traded in Other Exchanges
N/A
Address
1450 Broadway, 3rd Floor, New York, NY, USA, 10018
Iconix Brand Group Inc owns a portfolio of consumer brands in the apparel and home categories. It monetizes the brands through licensing and joint ventures with retailers and wholesalers worldwide. Its retail licensees include Wal-Mart, Target, Kohl's, and Kmart/Sears. Some of the company's notable brands are Peanuts, Mossimo, Starter, Sharper Image, and London Fog. Licensees are responsible for design, manufacture, and distribution, while Iconix manages advertising and promotional campaigns. Most agreements require licensees to pay Iconix for advertising and marketing and to guarantee Iconix a minimum amount of royalty revenue.

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