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Pandora A/S (Pandora A/S) Cyclically Adjusted FCF per Share : $7.53 (As of Dec. 2023)


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What is Pandora A/S 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.

Pandora A/S's adjusted free cash flow per share for the three months ended in Dec. 2023 was $7.544. 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 $7.53 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Pandora A/S's average Cyclically Adjusted FCF Growth Rate was 11.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.50% 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 Pandora A/S was 15.40% per year. The lowest was 13.90% per year. And the median was 14.70% per year.

As of today (2024-04-28), Pandora A/S's current stock price is $155.85. Pandora A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $7.53. Pandora A/S's Cyclically Adjusted Price-to-FCF of today is 20.70.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Pandora A/S was 24.93. The lowest was 6.62. And the median was 13.58.


Pandora A/S Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Pandora A/S'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.

Pandora A/S Cyclically Adjusted FCF per Share Chart

Pandora A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.52 5.86 6.15 7.28 7.53

Pandora A/S Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.28 6.65 6.99 6.92 7.53

Competitive Comparison of Pandora A/S's Cyclically Adjusted FCF per Share

For the Luxury Goods subindustry, Pandora A/S'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.


Pandora A/S's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Pandora A/S's Cyclically Adjusted Price-to-FCF falls into.



Pandora A/S 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, Pandora A/S'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)
=7.544/116.7000*116.7000
=7.544

Current CPI (Dec. 2023) = 116.7000.

Pandora A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.518 99.600 1.779
201406 0.804 99.700 0.941
201409 0.798 99.700 0.934
201412 2.259 99.400 2.652
201503 1.170 100.200 1.363
201506 -0.412 100.300 -0.479
201509 0.320 100.200 0.373
201512 1.781 99.800 2.083
201603 1.758 100.200 2.047
201606 0.758 100.600 0.879
201609 0.771 100.200 0.898
201612 3.545 100.300 4.125
201703 1.512 101.200 1.744
201706 0.749 101.200 0.864
201709 0.924 101.800 1.059
201712 4.199 101.300 4.837
201803 0.657 101.700 0.754
201806 1.642 102.300 1.873
201809 1.522 102.400 1.735
201812 4.258 102.100 4.867
201903 0.869 102.900 0.986
201906 2.089 102.900 2.369
201909 1.395 102.900 1.582
201912 4.651 102.900 5.275
202003 -0.116 103.300 -0.131
202006 1.765 103.200 1.996
202009 1.037 103.500 1.169
202012 6.326 103.400 7.140
202103 -0.684 104.300 -0.765
202106 2.378 105.000 2.643
202109 1.129 105.800 1.245
202112 5.955 106.600 6.519
202203 -1.974 109.900 -2.096
202206 0.976 113.600 1.003
202209 0.294 116.400 0.295
202212 5.627 115.900 5.666
202303 -0.780 117.300 -0.776
202306 2.214 116.400 2.220
202309 1.137 117.400 1.130
202312 7.544 116.700 7.544

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


Pandora A/S  (OTCPK:PNDZF) 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.

Pandora A/S's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=155.85/7.53
=20.70

* 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 Pandora A/S was 24.93. The lowest was 6.62. And the median was 13.58.


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.


Pandora A/S Cyclically Adjusted FCF per Share Related Terms

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


Pandora A/S (Pandora A/S) Business Description

Address
Havneholmen 17-19, Copenhagen, DNK, DK-1561
Pandora is a premium jewelry brand and the market leader in the charm bracelet category. The company was established in the 1980s in Denmark and since then has expanded globally. Pandora has over 2,500 concept stores globally (1,600 owned and operated, and the remainder run by its franchise partners) as well as multibrand locations and stores-in-stores. Pandora owned retail accounts for 51% of sales, own online channels for 21% and wholesale for the remainder. Charms and bracelets account for almost three fourths of its sales. The firm produces mostly internally in two jewelry-crafting facilities in Thailand.