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Ulta Beauty (Ulta Beauty) Cyclically Adjusted Price-to-FCF : 33.12 (As of Apr. 28, 2024)


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What is Ulta Beauty Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Ulta Beauty's current share price is $406.39. Ulta Beauty's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $12.27. Ulta Beauty's Cyclically Adjusted Price-to-FCF for today is 33.12.

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

ULTA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 33.12   Med: 92.81   Max: 845.88
Current: 33.13

During the past years, Ulta Beauty's highest Cyclically Adjusted Price-to-FCF was 845.88. The lowest was 33.12. And the median was 92.81.

ULTA's Cyclically Adjusted Price-to-FCF is ranked worse than
79.54% of 435 companies
in the Retail - Cyclical industry
Industry Median: 13.15 vs ULTA: 33.13

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.

Ulta Beauty's adjusted free cash flow per share data for the three months ended in Jan. 2024 was $20.350. 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 $12.27 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ulta Beauty Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ulta Beauty'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.

Ulta Beauty Cyclically Adjusted Price-to-FCF Chart

Ulta Beauty 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 60.14 50.59 49.00 50.92 40.92

Ulta Beauty 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 50.92 51.93 41.23 35.88 40.92

Competitive Comparison of Ulta Beauty's Cyclically Adjusted Price-to-FCF

For the Specialty Retail subindustry, Ulta Beauty'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.


Ulta Beauty's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Ulta Beauty 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.

Ulta Beauty's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=406.39/12.27
=33.12

* 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.

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

For example, Ulta Beauty'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)
=20.35/129.4194*129.4194
=20.350

Current CPI (Jan. 2024) = 129.4194.

Ulta Beauty Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.535 100.023 0.692
201407 0.070 100.520 0.090
201410 -1.011 100.176 -1.306
201501 2.690 98.604 3.531
201504 0.181 99.824 0.235
201507 -0.360 100.691 -0.463
201510 -1.112 100.346 -1.434
201601 2.496 99.957 3.232
201604 1.778 100.947 2.279
201607 -0.678 101.524 -0.864
201610 -0.450 101.988 -0.571
201701 3.500 102.456 4.421
201704 1.581 103.167 1.983
201707 -1.158 103.278 -1.451
201710 -0.573 104.070 -0.713
201801 5.663 104.578 7.008
201804 3.333 105.708 4.081
201807 0.717 106.324 0.873
201810 0.657 106.695 0.797
201901 5.905 106.200 7.196
201904 3.388 107.818 4.067
201907 1.647 108.250 1.969
201910 0.351 108.577 0.418
202001 8.499 108.841 10.106
202004 -1.166 108.173 -1.395
202007 0.083 109.318 0.098
202010 3.597 109.861 4.237
202101 9.110 110.364 10.683
202104 5.261 112.673 6.043
202107 0.883 115.183 0.992
202110 -0.689 116.696 -0.764
202201 10.848 118.619 11.836
202204 6.756 121.978 7.168
202207 1.251 125.002 1.295
202210 -0.986 125.734 -1.015
202301 15.672 126.223 16.069
202304 3.866 127.992 3.909
202307 0.580 128.974 0.582
202310 -3.597 129.810 -3.586
202401 20.350 129.419 20.350

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.


Ulta Beauty  (NAS:ULTA) 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.


Ulta Beauty Cyclically Adjusted Price-to-FCF Related Terms

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


Ulta Beauty (Ulta Beauty) Business Description

Address
1000 Remington Boulevard, Suite 120, Bolingbrook, IL, USA, 60440
With 1,355 stores at the end of fiscal 2022 and a partnership with Target, Ulta Beauty is the largest specialized beauty retailer in the U.S. The firm offers makeup (42% of 2022 sales), fragrances, skin care, and hair care products (21% of 2022 sales), and bath and body items. Ulta offers private-label products and merchandise from more than 500 vendors. It also offers salon services, including hair, makeup, skin, and brow services, in all stores. Most Ulta stores are approximately 10,000 square feet and are in suburban strip centers. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.
Executives
Lorna Nagler director 2400 XENIUM LANE NORTH, PLYMOUTH MN 55441
Jodi J Caro officer: GC and Corporate Secretary 130 EAST RANDOLPH STREET, CHICAGO IL 60601
Catherine Ann Halligan director 243 CASELLI AVENUE, SAN FRANCISCO CA 94114
Mrkonic George R Jr director C/O BORDERS GROUP INC, 100 PHOENIX DRIVE, ANN ARBOR MI 48108
Kelly E Garcia director 30 FRANK LLOYD WRIGH DR, ANN ARBOR MI 48105
Heidi G Petz director 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Gisel Ruiz director C/O VITAL FARMS, INC., 3601 SOUTH CONGRESS AVENUE, SUITE C100, AUSTIN TX 78704
Mike C. Smith director STITCH FIX, INC., ONE MONTGOMERY STREET, SUITE 1500, SAN FRANCISCO CA 94104
Michael R Macdonald director 810 DSW DRIVE, COLUMBUS OH 43219
Patricia A Little director 999 W BIG BEAVER ROAD, TROY MI 48084
Michelle L Collins director C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60503
Anita Jane Ryan officer: Chief Human Resources Officer 1000 REMINGTON BLVD., SUITE 120, BOLINGBROOK IL 60440
David C Kimbell director, officer: Chief Executive Officer 8410 W. BRYN MAWR, CHICAGO IL 60631
Scott M Settersten officer: Chief Financial Officer 1000 REMINGTON BLVD., SUITE 120, BOLINGBROOK IL 60440
Kecia Steelman officer: Chief Operating Officer 1000 REMINGTON BLVD SUITE 120, BOLINGBROOK IL 60440