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Hennes & Mauritz AB (Hennes & Mauritz AB) Cyclically Adjusted Price-to-FCF : 12.98 (As of Apr. 27, 2024)


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What is Hennes & Mauritz AB Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Hennes & Mauritz AB's current share price is $3.245. Hennes & Mauritz AB's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was $0.25. Hennes & Mauritz AB's Cyclically Adjusted Price-to-FCF for today is 12.98.

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

HNNMY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.88   Med: 17.19   Max: 26.98
Current: 13.13

During the past years, Hennes & Mauritz AB's highest Cyclically Adjusted Price-to-FCF was 26.98. The lowest was 8.88. And the median was 17.19.

HNNMY's Cyclically Adjusted Price-to-FCF is ranked better than
63.06% of 360 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.255 vs HNNMY: 13.13

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.

Hennes & Mauritz AB's adjusted free cash flow per share data for the three months ended in Feb. 2024 was $0.029. 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 $0.25 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hennes & Mauritz AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hennes & Mauritz AB'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.

Hennes & Mauritz AB Cyclically Adjusted Price-to-FCF Chart

Hennes & Mauritz AB Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.07 21.36 15.27 9.75 12.95

Hennes & Mauritz AB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 10.77 10.98 12.93 12.95 10.78

Competitive Comparison of Hennes & Mauritz AB's Cyclically Adjusted Price-to-FCF

For the Apparel Manufacturing subindustry, Hennes & Mauritz AB'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.


Hennes & Mauritz AB's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hennes & Mauritz AB's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hennes & Mauritz AB's Cyclically Adjusted Price-to-FCF falls into.



Hennes & Mauritz AB 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.

Hennes & Mauritz AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.245/0.25
=12.98

* 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.

Hennes & Mauritz AB's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Hennes & Mauritz AB's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.029/130.9575*130.9575
=0.029

Current CPI (Feb. 2024) = 130.9575.

Hennes & Mauritz AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.127 100.225 0.166
201408 0.064 100.001 0.084
201411 0.051 100.068 0.067
201502 0.039 99.867 0.051
201505 0.090 100.285 0.118
201508 0.015 99.829 0.020
201511 0.029 100.129 0.038
201602 0.026 100.253 0.034
201605 0.076 100.914 0.099
201608 0.019 100.968 0.025
201611 0.029 101.517 0.037
201702 -0.001 102.037 -0.001
201705 0.075 102.679 0.096
201708 0.033 103.138 0.042
201711 0.021 103.413 0.027
201802 -0.012 103.678 -0.015
201805 0.058 104.632 0.073
201808 0.040 105.197 0.050
201811 0.027 105.443 0.034
201902 -0.007 105.641 -0.009
201905 0.061 106.895 0.075
201908 0.069 106.716 0.085
201911 0.111 107.345 0.135
202002 0.068 106.742 0.083
202005 -0.059 106.882 -0.072
202008 0.154 107.571 0.187
202011 0.126 107.549 0.153
202102 0.076 108.190 0.092
202105 0.200 108.838 0.241
202108 0.216 109.780 0.258
202111 0.090 111.069 0.106
202202 0.036 112.834 0.042
202205 0.095 116.746 0.107
202208 0.047 120.573 0.051
202211 0.047 123.803 0.050
202302 0.040 126.321 0.041
202305 0.068 128.034 0.070
202308 0.113 129.560 0.114
202311 0.067 130.958 0.067
202402 0.029 130.958 0.029

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.


Hennes & Mauritz AB  (OTCPK:HNNMY) 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.


Hennes & Mauritz AB Cyclically Adjusted Price-to-FCF Related Terms

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


Hennes & Mauritz AB (Hennes & Mauritz AB) Business Description

Address
Master Samuelsgatan 46A, Stockholm, SWE, SE-106 38
Hennes & Mauritz is a global multibrand fashion conglomerate that was founded in 1947. Its flagship H&M brand accounts for most of revenue, but the newer brands (COS, &Other Stories, Monki, Weekday, and newly launched Arket) are growing a bit faster. H&M commands low-single-digit market share in a fragmented global apparel market. Just under 70% of revenue is generated in Europe and Africa, 14% in Asia and Oceania, and 23% in North and South America. The company operates around 4,400 stores globally of which 3,947 are H&M-brand stores.

Hennes & Mauritz AB (Hennes & Mauritz AB) Headlines