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Movado Group (Movado Group) Cyclically Adjusted Price-to-FCF : 8.49 (As of Apr. 29, 2024)


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What is Movado Group Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Movado Group's current share price is $25.99. Movado Group's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $3.06. Movado Group's Cyclically Adjusted Price-to-FCF for today is 8.49.

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

MOV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.29   Med: 14.82   Max: 39.31
Current: 8.49

During the past years, Movado Group's highest Cyclically Adjusted Price-to-FCF was 39.31. The lowest was 4.29. And the median was 14.82.

MOV's Cyclically Adjusted Price-to-FCF is ranked better than
67.89% of 436 companies
in the Retail - Cyclical industry
Industry Median: 13.07 vs MOV: 8.49

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.

Movado Group's adjusted free cash flow per share data for the three months ended in Jan. 2024 was $2.994. 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 $3.06 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Movado Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Movado Group'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.

Movado Group Cyclically Adjusted Price-to-FCF Chart

Movado Group 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 8.03 9.00 14.18 12.29 9.01

Movado Group 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 12.29 8.73 9.53 9.48 9.01

Competitive Comparison of Movado Group's Cyclically Adjusted Price-to-FCF

For the Luxury Goods subindustry, Movado Group'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.


Movado Group's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Movado Group 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.

Movado Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=25.99/3.06
=8.49

* 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.

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

For example, Movado Group'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)
=2.994/129.4194*129.4194
=2.994

Current CPI (Jan. 2024) = 129.4194.

Movado Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.529 100.023 -0.684
201407 0.140 100.520 0.180
201410 0.148 100.176 0.191
201501 2.153 98.604 2.826
201504 -0.518 99.824 -0.672
201507 0.481 100.691 0.618
201510 0.233 100.346 0.301
201601 2.656 99.957 3.439
201604 -0.936 100.947 -1.200
201607 0.235 101.524 0.300
201610 0.061 101.988 0.077
201701 2.872 102.456 3.628
201704 -0.736 103.167 -0.923
201707 0.194 103.278 0.243
201710 -0.043 104.070 -0.053
201801 2.683 104.578 3.320
201804 -0.191 105.708 -0.234
201807 0.140 106.324 0.170
201810 0.829 106.695 1.006
201901 2.403 106.200 2.928
201904 -1.189 107.818 -1.427
201907 -0.505 108.250 -0.604
201910 -0.651 108.577 -0.776
202001 3.182 108.841 3.784
202004 -1.147 108.173 -1.372
202007 0.569 109.318 0.674
202010 0.174 109.861 0.205
202101 3.198 110.364 3.750
202104 -0.667 112.673 -0.766
202107 1.541 115.183 1.731
202110 0.598 116.696 0.663
202201 3.801 118.619 4.147
202204 -0.947 121.978 -1.005
202207 -0.273 125.002 -0.283
202210 -0.004 125.734 -0.004
202301 3.331 126.223 3.415
202304 -1.049 127.992 -1.061
202307 1.253 128.974 1.257
202310 -0.173 129.810 -0.172
202401 2.994 129.419 2.994

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.


Movado Group  (NYSE:MOV) 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.


Movado Group Cyclically Adjusted Price-to-FCF Related Terms

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


Movado Group (Movado Group) Business Description

Traded in Other Exchanges
Address
650 From Road, Suite 375, Paramus, NJ, USA, 07652-3556
Movado Group Inc designs, develop, sources, markets, and distributes fine watches in the United States and internationally. It operates through the Watch and Accessory Brands and Company Stores segment. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches of quality owned brands and licensed brands. Its Company Stores segment includes the company's retail outlet locations in the United States and Canada. It generates maximum revenue from the Watch and Accessory Brands segment. Geographically, it derives the majority of revenue from its international location.
Executives
Sallie A Demarsilis officer: Chief Financial Officer 142 WEST 57TH ST, NEW YORK NY 10019
Linda Feeney officer: SVP, Principal Acct. Officer 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Michelle Kennedy officer: SVP, Human Resources 650 FROM ROAD, STE. 375, PARAMUS NJ 07652
Vivian Delia officer: SENIOR VP HUMAN RESOURCES C/O MOVADO GROUP INC., 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Ann Kirschner director 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Richard D Isserman director C/O MOVADO GROUP, INC., 650 FROM ROAD, PARAMUS NJ 07652
Maya Peterson director C/O MOVADO GROUP INC., 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Efraim Grinberg director, 10 percent owner, officer: President - CEO C/O MOVADO GROUP INC, 650 FROM RD, PARAMUS NJ 07652
Alexander Grinberg 10 percent owner 125 CHUBB AVE, LYNDHURST NJ 07071
Behzad Soltani officer: EVP,Commercial President & CTO 650 FROM ROAD, STE 375, PARAMUS NJ 07652-3556
Alan H Howard director
Sussis Mitchell Cole officer: Senior VP and General Counsel 6 YORKSHIRE DRIVE, MENDHAM NJ 07945
Stephen I Sadove director
Maurice S Reznik director C/O MAIDENFORM BRANDS, INC., 154 AVENUE E, BAYONNE NJ 07002
Richard Cote director, officer: Executive V.P. - COO