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Doverddlery (FRA:D1R) Cyclically Adjusted FCF per Share : €0.00 (As of Mar. 2015)


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What is Doverddlery Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Doverddlery's adjusted free cash flow per share for the three months ended in Mar. 2015 was €-0.793. 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 €0.00 for the trailing ten years ended in Mar. 2015.

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.

As of today (2024-09-23), Doverddlery's current stock price is €7.52. Doverddlery's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2015 was €0.00. Doverddlery's Cyclically Adjusted Price-to-FCF of today is .


Doverddlery Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Doverddlery'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.

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Doverddlery Cyclically Adjusted FCF per Share Chart

Doverddlery Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted FCF per Share
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Doverddlery Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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Competitive Comparison of Doverddlery's Cyclically Adjusted FCF per Share

For the Specialty Retail subindustry, Doverddlery'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.


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

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

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



Doverddlery 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, Doverddlery's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2015 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2015 (Change)*Current CPI (Mar. 2015)
=-0.793/99.6211*99.6211
=-0.793

Current CPI (Mar. 2015) = 99.6211.

Doverddlery Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200412 0.000 80.290 0.000
200509 -0.513 83.876 -0.609
200512 0.571 83.032 0.685
200603 -0.422 84.298 -0.499
200606 0.213 85.606 0.248
200609 -0.181 85.606 -0.211
200612 0.103 85.142 0.121
200703 -0.739 86.640 -0.850
200706 -0.141 87.906 -0.160
200709 -0.064 87.964 -0.072
200712 0.594 88.616 0.668
200803 -0.207 90.090 -0.229
200806 -0.063 92.320 -0.068
200809 -0.103 92.307 -0.111
200812 0.203 88.697 0.228
200903 -0.377 89.744 -0.418
200906 0.251 91.003 0.275
200909 0.237 91.120 0.259
200912 0.531 91.111 0.581
201003 -0.185 91.821 -0.201
201006 0.058 91.962 0.063
201009 -0.011 92.162 -0.012
201012 0.622 92.474 0.670
201103 -0.546 94.283 -0.577
201106 -0.021 95.235 -0.022
201109 0.002 95.727 0.002
201112 0.203 95.213 0.212
201203 -0.406 96.783 -0.418
201206 -0.026 96.819 -0.027
201209 -0.121 97.633 -0.123
201212 0.660 96.871 0.679
201303 -0.620 98.209 -0.629
201306 -0.125 98.518 -0.126
201309 0.003 98.790 0.003
201312 0.499 98.326 0.506
201403 -1.004 99.695 -1.003
201406 -0.063 100.560 -0.062
201409 -0.182 100.428 -0.181
201412 0.416 99.070 0.418
201503 -0.793 99.621 -0.793

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


Doverddlery  (FRA:D1R) 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.


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.


Doverddlery Cyclically Adjusted FCF per Share Related Terms

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


Doverddlery Business Description

Traded in Other Exchanges
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Address
Dover Saddlery, Inc. is a Delaware Corporation. The Company was founded in 1975. It is a specialty retailer and the largest multi-channel marketer of premium, equestrian products in the U.S. The Company sells its products through a multi-channel strategy, including direct and retail. The Company offers a comprehensive selection of products required to own, ride, train and compete with a horse. The Company's equestrian product line includes a broad variety of separate items such as saddles, tack, specialized apparel, footwear, horse clothing, horse health and stable products. The Company has established itself as the largest multi-channel marketer of equestrian tack, specialized apparel, horse care and stable products in the U.S. and plans to continue its multi-channel retail strategy to capitalize on strong brand equity and utilize its customer database. This multi-channel strategy enables it to capture customer data, achieve operational synergies, provide a seamless and convenient shopping experience for its customers, cross market its products and reinforce its brand across channels. As of December 31, 2012, it operated seventeen stores under the Dover Saddlery brand and one store under the Smith Brothers brand. The Company is subject to numerous regulations governing the Internet and e-commerce, retailers generally, the importation, promotion and sale of merchandise, and the operation of retail stores and warehouse facilities.

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