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Five Below (STU:6F1) Cyclically Adjusted FCF per Share : €1.36 (As of Jan. 2024)


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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 €5.053. 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 €1.36 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Five Below's average Cyclically Adjusted FCF Growth Rate was 29.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.50% 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 19.50% per year. The lowest was 19.50% per year. And the median was 19.50% per year.

As of today (2024-06-04), Five Below's current stock price is €126.65. Five Below's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was €1.36. Five Below's Cyclically Adjusted Price-to-FCF of today is 93.13.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Five Below was 365.02. The lowest was 91.72. And the median was 188.99.


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 - 0.71 0.82 1.00 1.36

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 1.00 1.13 1.16 0.92 1.36

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)
=5.053/130.1244*130.1244
=5.053

Current CPI (Jan. 2024) = 130.1244.

Five Below Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.190 100.023 -0.247
201407 0.097 100.520 0.126
201410 -0.308 100.176 -0.400
201501 0.906 98.604 1.196
201504 -0.195 99.824 -0.254
201507 0.131 100.691 0.169
201510 -0.692 100.346 -0.897
201601 1.365 99.957 1.777
201604 -0.288 100.947 -0.371
201607 0.197 101.524 0.252
201610 -0.537 101.988 -0.685
201701 1.709 102.456 2.171
201704 0.353 103.167 0.445
201707 -0.309 103.278 -0.389
201710 -0.515 104.070 -0.644
201801 1.942 104.578 2.416
201804 0.153 105.708 0.188
201807 -0.192 106.324 -0.235
201810 -1.211 106.695 -1.477
201901 2.346 106.200 2.874
201904 -0.647 107.818 -0.781
201907 -0.194 108.250 -0.233
201910 -1.636 108.577 -1.961
202001 2.078 108.841 2.484
202004 -1.738 108.173 -2.091
202007 1.027 109.318 1.222
202010 0.170 109.861 0.201
202101 2.829 110.364 3.336
202104 -0.144 112.673 -0.166
202107 0.359 115.183 0.406
202110 -1.572 116.696 -1.753
202201 2.014 118.619 2.209
202204 -0.265 121.978 -0.283
202207 -0.840 125.002 -0.874
202210 -2.826 125.734 -2.925
202301 4.681 126.223 4.826
202304 0.657 127.992 0.668
202307 0.205 128.974 0.207
202310 -3.287 129.810 -3.295
202401 5.053 130.124 5.053

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


Five Below  (STU:6F1) 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
=126.65/1.36
=93.13

* 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 91.72. And the median was 188.99.


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 (STU:6F1) Business Description

Industry
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.

Five Below (STU:6F1) Headlines

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