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The Cato (The Cato) Cyclically Adjusted Price-to-FCF : 3.18 (As of Apr. 29, 2024)


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What is The Cato Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), The Cato's current share price is $4.90. The Cato's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $1.54. The Cato's Cyclically Adjusted Price-to-FCF for today is 3.18.

The historical rank and industry rank for The Cato's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CATO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.99   Med: 8.22   Max: 22.47
Current: 2.99

During the past years, The Cato's highest Cyclically Adjusted Price-to-FCF was 22.47. The lowest was 2.99. And the median was 8.22.

CATO's Cyclically Adjusted Price-to-FCF is ranked better than
89.45% of 436 companies
in the Retail - Cyclical industry
Industry Median: 13.07 vs CATO: 2.99

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 Cato's adjusted free cash flow per share data for the three months ended in Jan. 2024 was $-0.692. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.54 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Cato Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for The Cato'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.

* Premium members only.

The Cato Cyclically Adjusted Price-to-FCF Chart

The Cato Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.58 6.69 8.69 5.42 4.39

The Cato Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Price-to-FCF 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 5.42 4.88 5.14 4.30 4.39

Competitive Comparison of The Cato's Cyclically Adjusted Price-to-FCF

For the Apparel Retail subindustry, The Cato'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 Cato's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



The Cato 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.

The Cato's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.90/1.54
=3.18

* 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.

The Cato's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, The Cato'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)
=-0.692/129.4194*129.4194
=-0.692

Current CPI (Jan. 2024) = 129.4194.

The Cato Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 1.680 100.023 2.174
201407 0.845 100.520 1.088
201410 -0.037 100.176 -0.048
201501 0.688 98.604 0.903
201504 0.920 99.824 1.193
201507 0.698 100.691 0.897
201510 -0.331 100.346 -0.427
201601 1.172 99.957 1.517
201604 1.108 100.947 1.421
201607 0.549 101.524 0.700
201610 -0.854 101.988 -1.084
201701 0.862 102.456 1.089
201704 0.472 103.167 0.592
201707 0.986 103.278 1.236
201710 -0.303 104.070 -0.377
201801 -0.193 104.578 -0.239
201804 1.279 105.708 1.566
201807 0.979 106.324 1.192
201810 -0.150 106.695 -0.182
201901 0.205 106.200 0.250
201904 0.576 107.818 0.691
201907 1.231 108.250 1.472
201910 0.059 108.577 0.070
202001 0.031 108.841 0.037
202004 -3.338 108.173 -3.994
202007 0.813 109.318 0.962
202010 0.915 109.861 1.078
202101 -0.341 110.364 -0.400
202104 2.045 112.673 2.349
202107 1.726 115.183 1.939
202110 -0.153 116.696 -0.170
202201 -1.067 118.619 -1.164
202204 -0.258 121.978 -0.274
202207 0.590 125.002 0.611
202210 -0.084 125.734 -0.086
202301 -0.559 126.223 -0.573
202304 0.193 127.992 0.195
202307 0.484 128.974 0.486
202310 -0.603 129.810 -0.601
202401 -0.692 129.419 -0.692

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.


The Cato  (NYSE:CATO) 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.


The Cato Cyclically Adjusted Price-to-FCF Related Terms

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


The Cato (The Cato) Business Description

Traded in Other Exchanges
Address
8100 Denmark Road, Charlotte, NC, USA, 28273-5975
The Cato Corp operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. Its primary objective is to be the fashion specialty retailer for fashion and value in its markets. The company operates through the following business segments: Retail and Credit. The Retail segment which generates majority revenue offers fashion specialty stores. The Credit segment involves credit card services.
Executives
Bailey W Patrick director
Cato John P D director, officer: CHAIRMAN/PRESIDENT/CEO CATO CORP, PO BOX 34216, CHARLOTTE NC 28234
Audrey Schwarz officer: Vice President, DMM PO BOX 34216, CHARLOTTE NC 28234
Charles D Knight officer: EVP - Chief Financial Officer TOYS R US, INC., ONE GEOFFREY WAY, WAYNE NJ 07470-2030
Hang Matchett officer: SVP-Mdse Plan, Alloc&Ctrl, MIO PO BOX 34216, CHARLOTTE NC 28234
Karen Anne Collins officer: SVP-Tsry,Tax,Fin Pln,Tax,Cr,IR PO BOX 34216, CHARLOTTE NC 28234
Theresa J Drew director ONE NORTH SECOND STREET, HARTSVILLE SC 29550
Daniel Harding Stowe director CATO CORP, PO BOX 34216, CHARLOTTE NC 28234-4216
Abby Shearer officer: SVP, General Merchandise Mgr PO BOX 34216, CHARLOTTE NC 28234
Lewis Pamela S Dr director QUEENS UNIVERSITY OF CHARLOTTE, 1900 SELWYN AVENUE, CHARLOTTE NC 28274
Scott Gurvis officer: SVP,Treasury, Fin Plan, Credit PO BOX 34216, CHARLOTTE NC 28234
Weisiger, Jr Edward I director PO BOX 34216, CHARLOTTE NC 28234
Vickie Smith officer: SVP, MERCH PLNG, ALLOC & CNTL C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Lisa Krows officer: SVP, DESIGN, TREND & COLOR PO BOX 34216, CHARLOTTE NC 28234
Cathy Bailey officer: SVP, GMM (CATO DIV) PO BOX 34216, CHARLOTTE NC 28234

The Cato (The Cato) Headlines

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