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Country Road (ASX:CTY) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Country Road Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Country Road Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Country Road's Cyclically Adjusted Price-to-FCF 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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Country Road Cyclically Adjusted Price-to-FCF Chart

Country Road Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Cyclically Adjusted Price-to-FCF
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Country Road Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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Competitive Comparison of Country Road's Cyclically Adjusted Price-to-FCF

For the Apparel Retail subindustry, Country Road'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.


Country Road's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Country Road Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Country Road's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun13 is calculated as:

For example, Country Road's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun13 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun13 (Change)*Current CPI (Jun13)
=1.026/95.4725*95.4725
=1.026

Current CPI (Jun13) = 95.4725.

Country Road Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200406 0.013 74.855 0.017
200506 0.050 76.712 0.062
200606 0.035 79.777 0.042
200706 0.172 81.449 0.202
200806 0.143 85.071 0.160
200906 0.156 86.278 0.173
201006 -0.248 88.971 -0.266
201106 0.317 92.129 0.329
201206 0.346 93.244 0.354
201306 1.026 95.473 1.026

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


Country Road  (ASX:CTY) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Country Road Cyclically Adjusted Price-to-FCF Related Terms

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Country Road (ASX:CTY) Business Description

Traded in Other Exchanges
N/A
Address
Country Road Limited is involved in the retail of fashion apparel, accessories, home wares and home furnishings. It offers dresses, jackets and coats, jeans, cosmetic bags, belts, handbags, hats and gloves, bath products, among others.

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