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Flexsteel Industries (Flexsteel Industries) Cyclically Adjusted Price-to-FCF : 42.95 (As of Apr. 30, 2024)


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What is Flexsteel Industries Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Flexsteel Industries's current share price is $32.64. Flexsteel Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.76. Flexsteel Industries's Cyclically Adjusted Price-to-FCF for today is 42.95.

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

FLXS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.52   Med: 39.14   Max: 148.09
Current: 51.17

During the past years, Flexsteel Industries's highest Cyclically Adjusted Price-to-FCF was 148.09. The lowest was 14.52. And the median was 39.14.

FLXS's Cyclically Adjusted Price-to-FCF is ranked worse than
79.56% of 181 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 17.77 vs FLXS: 51.17

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.

Flexsteel Industries's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $3.239. 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 $0.76 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flexsteel Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Flexsteel Industries'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.

Flexsteel Industries Cyclically Adjusted Price-to-FCF Chart

Flexsteel Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.42 20.09 - 135.11 39.00

Flexsteel Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 25.68 30.43 39.00 48.74 24.71

Competitive Comparison of Flexsteel Industries's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, Flexsteel Industries'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.


Flexsteel Industries's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Flexsteel Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Flexsteel Industries 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.

Flexsteel Industries's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=32.64/0.76
=42.95

* 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.

Flexsteel Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Flexsteel Industries's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.239/129.4194*129.4194
=3.239

Current CPI (Dec. 2023) = 129.4194.

Flexsteel Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.044 99.695 1.355
201406 0.580 100.560 0.746
201409 -2.959 100.428 -3.813
201412 -1.710 99.070 -2.234
201503 1.059 99.621 1.376
201506 -0.830 100.684 -1.067
201509 0.827 100.392 1.066
201512 -0.386 99.792 -0.501
201603 2.753 100.470 3.546
201606 2.841 101.688 3.616
201609 0.860 101.861 1.093
201612 -0.080 101.863 -0.102
201703 0.986 102.862 1.241
201706 -0.125 103.349 -0.157
201709 -0.446 104.136 -0.554
201712 -1.015 104.011 -1.263
201803 0.724 105.290 0.890
201806 0.470 106.317 0.572
201809 -0.068 106.507 -0.083
201812 -0.757 105.998 -0.924
201903 -0.195 107.251 -0.235
201906 -0.830 108.070 -0.994
201909 -0.468 108.329 -0.559
201912 0.352 108.420 0.420
202003 1.465 108.902 1.741
202006 0.498 108.767 0.593
202009 -0.322 109.815 -0.379
202012 -1.208 109.897 -1.423
202103 -0.792 111.754 -0.917
202106 -2.482 114.631 -2.802
202109 -6.366 115.734 -7.119
202112 0.390 117.630 0.429
202203 5.506 121.301 5.875
202206 1.990 125.017 2.060
202209 2.033 125.227 2.101
202212 2.126 125.222 2.197
202303 0.822 127.348 0.835
202306 -1.648 128.729 -1.657
202309 -0.583 129.860 -0.581
202312 3.239 129.419 3.239

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.


Flexsteel Industries  (NAS:FLXS) 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.


Flexsteel Industries Cyclically Adjusted Price-to-FCF Related Terms

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


Flexsteel Industries (Flexsteel Industries) Business Description

Traded in Other Exchanges
N/A
Address
385 Bell Street, Dubuque, IA, USA, 52001-0877
Flexsteel Industries Inc is a United States-based company that manufactures, imports, and markets residential upholstered wooden furniture products. The products offering include sofas, loveseats, chairs, rockers, desks, tables, convertible bedding units, and bedroom furniture. The company's products are intended for use in home, office, hotel, healthcare, and other contract applications. A featured component in the company's upholstered furniture is the durable Blue Steel Spring. It operates in the business segment of Furniture products. The company's furniture products business involves the distribution of manufactured and imported products for residential and contract markets, of which key revenue is derived from the residential market.
Executives
Timothy Patrick Newlin officer: VP - Home Furnishings P.O. BOX 877, DUBUQUE IA 52004-0877
Derek P Schmidt officer: CFO & COO 385 BELL STREET, DUBUQUE IA 52001
Jeanne Mcgovern director 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Gilbert Alejandro Huerta officer: CFO P.O. BOX 877, DUBUQUE IA 52004
Thomas M Levine director P. O. BOX 877, DUBUQUE IA 52004
Kathryn P Dickson director 1245 CEDAR LAKE ROAD S., MINNEAPOLIS MN 55416
Michael Scott Culbreth director 3102 SHAWNEE DRIVE, WINCHESTER VA 22601
William S. Creekmuir director SIX CONCOURSE PARKWAY, SUITE 3300-A, ATLANTA GA 30328
Matthew Kaness director P.O. BOX 877, DUBUQUE IA 52004
Michael Joseph Mcclaflin officer: Chief Information Officer P.O. BOX 877, DUBUQUE IA 52004-0877
Jerald K Dittmer officer: President & CEO P.O. BOX 877, DUBUQUE IA 52004
Mary C Bottie director P. O. BOX 877, DUBUQUE IA 52004
Terrence Heath Willis officer: VP - Direct Commerce P.O. BOX 877, DUBUQUE IA 52004-0877
Hayden Carl Anthony Jr. officer: VP - Manufacturing P.O. BOX 877, DUBUQUE IA 52004-0877
Marcus D Hamilton officer: Chief Financial Officer P. O. BOX 877, DUBUQUE IA 52004

Flexsteel Industries (Flexsteel Industries) Headlines