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Delta Apparel (FRA:DA7) Cyclically Adjusted FCF per Share : €1.27 (As of Mar. 2024)


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What is Delta Apparel 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.

Delta Apparel's adjusted free cash flow per share for the three months ended in Mar. 2024 was €2.463. 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 €1.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Delta Apparel's average Cyclically Adjusted FCF Growth Rate was 127.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.70% 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 Delta Apparel was 47.90% per year. The lowest was -15.80% per year. And the median was 8.90% per year.

As of today (2024-05-22), Delta Apparel's current stock price is €1.34. Delta Apparel's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.27. Delta Apparel's Cyclically Adjusted Price-to-FCF of today is 1.06.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Delta Apparel was 147.87. The lowest was 0.97. And the median was 29.18.


Delta Apparel Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Delta Apparel'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.

Delta Apparel Cyclically Adjusted FCF per Share Chart

Delta Apparel Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.08 0.88 0.70

Delta Apparel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.56 0.68 0.70 0.81 1.27

Competitive Comparison of Delta Apparel's Cyclically Adjusted FCF per Share

For the Apparel Manufacturing subindustry, Delta Apparel'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.


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

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

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



Delta Apparel 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, Delta Apparel's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.463/131.7762*131.7762
=2.463

Current CPI (Mar. 2024) = 131.7762.

Delta Apparel Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.460 100.560 0.603
201409 0.960 100.428 1.260
201412 -0.082 99.070 -0.109
201503 -2.201 99.621 -2.911
201506 2.477 100.684 3.242
201509 1.306 100.392 1.714
201512 -0.319 99.792 -0.421
201603 -0.855 100.470 -1.121
201606 -0.684 101.688 -0.886
201609 0.711 101.861 0.920
201612 -0.292 101.863 -0.378
201703 -0.182 102.862 -0.233
201706 -0.287 103.349 -0.366
201709 1.404 104.136 1.777
201712 -1.160 104.011 -1.470
201803 0.097 105.290 0.121
201806 1.013 106.317 1.256
201809 1.668 106.507 2.064
201812 -0.629 105.998 -0.782
201903 -0.676 107.251 -0.831
201906 -0.297 108.070 -0.362
201909 2.073 108.329 2.522
201912 -1.095 108.420 -1.331
202003 -0.703 108.902 -0.851
202006 4.077 108.767 4.939
202009 0.648 109.815 0.778
202012 -0.340 109.897 -0.408
202103 0.288 111.754 0.340
202106 0.365 114.631 0.420
202109 1.267 115.734 1.443
202112 -1.883 117.630 -2.109
202203 -0.924 121.301 -1.004
202206 -0.301 125.017 -0.317
202209 -1.173 125.227 -1.234
202212 -1.901 125.222 -2.001
202303 -1.018 127.348 -1.053
202306 3.806 128.729 3.896
202309 0.155 129.860 0.157
202312 1.976 129.419 2.012
202403 2.463 131.776 2.463

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


Delta Apparel  (FRA:DA7) 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.

Delta Apparel's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.34/1.27
=1.06

* 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 Delta Apparel was 147.87. The lowest was 0.97. And the median was 29.18.


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.


Delta Apparel Cyclically Adjusted FCF per Share Related Terms

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


Delta Apparel (FRA:DA7) Business Description

Traded in Other Exchanges
Address
2750 Premiere Parkway, Suite 100, Duluth, GA, USA, 30097
Delta Apparel Inc together with its subsidiaries is an international apparel design, marketing, manufacturing, and sourcing company. It operates its business in two distinct segments: Delta Group and Salt Life Group. The company offers a diverse portfolio of lifestyle basics and branded activewear apparel, headwear, and related accessory products. It specializes in selling casual and athletic products through distribution channels and distribution tiers, including specialty stores, boutiques, department stores, mid and mass channels, e-retailers, and the U.S. military. It also offers its products to consumers on its websites and in its retail stores. The company derives the maximum revenue from the wholesale of goods through the Delta Group in the United States.

Delta Apparel (FRA:DA7) Headlines

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