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QVC Group (FRA:LB30) Cyclically Adjusted FCF per Share : €105.81 (As of Mar. 2025)


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What is QVC Group 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.

QVC Group's adjusted free cash flow per share for the three months ended in Mar. 2025 was €-15.801. 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 €105.81 for the trailing ten years ended in Mar. 2025.

During the past 12 months, QVC Group's average Cyclically Adjusted FCF Growth Rate was -7.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -2.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.30% 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 QVC Group was 12.60% per year. The lowest was -2.50% per year. And the median was 7.80% per year.

As of today (2025-05-30), QVC Group's current stock price is €4.46. QVC Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €105.81. QVC Group's Cyclically Adjusted Price-to-FCF of today is 0.04.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of QVC Group was 20.74. The lowest was 0.03. And the median was 4.74.


QVC Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for QVC Group'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.

QVC Group Cyclically Adjusted FCF per Share Chart

QVC Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.15 115.17 112.31 114.93 115.77

QVC Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 112.14 121.89 108.33 115.77 105.81

Competitive Comparison of QVC Group's Cyclically Adjusted FCF per Share

For the Internet Retail subindustry, QVC 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.


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

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

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


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QVC Group 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, QVC Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-15.801/134.9266*134.9266
=-15.801

Current CPI (Mar. 2025) = 134.9266.

QVC Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 27.610 100.684 37.000
201509 15.583 100.392 20.944
201512 12.234 99.792 16.541
201603 18.472 100.470 24.807
201606 32.468 101.688 43.081
201609 17.988 101.861 23.827
201612 48.006 101.863 63.588
201703 40.688 102.862 53.371
201706 30.612 103.349 39.965
201709 22.738 104.136 29.461
201712 27.610 104.011 35.817
201803 20.317 105.290 26.036
201806 33.804 106.317 42.901
201809 8.458 106.507 10.715
201812 15.142 105.998 19.275
201903 4.384 107.251 5.515
201906 26.777 108.070 33.432
201909 25.089 108.329 31.249
201912 31.435 108.420 39.120
202003 13.673 108.902 16.941
202006 101.334 108.767 125.706
202009 57.373 109.815 70.493
202012 47.788 109.897 58.672
202103 4.976 111.754 6.008
202106 36.496 114.631 42.958
202109 -6.130 115.734 -7.147
202112 47.790 117.630 54.817
202203 -26.483 121.301 -29.458
202206 6.191 125.017 6.682
202209 -9.254 125.227 -9.971
202212 15.405 125.222 16.599
202303 -9.243 127.348 -9.793
202306 39.388 128.729 41.284
202309 10.117 129.860 10.512
202312 27.674 129.419 28.852
202403 -1.873 131.776 -1.918
202406 23.635 132.554 24.058
202409 -3.745 133.029 -3.798
202412 16.780 133.157 17.003
202503 -15.801 134.927 -15.801

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


QVC Group  (FRA:LB30) 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.

QVC Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.46/105.81
=0.04

* 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 QVC Group was 20.74. The lowest was 0.03. And the median was 4.74.


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.


QVC Group Cyclically Adjusted FCF per Share Related Terms

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


QVC Group Business Description

Industry
Traded in Other Exchanges
Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
QVC Group Inc is a live social shopping company with six retail brands QVC, HSN, Ballard Designs, Frontgate, Garnet Hill, Grandin Road, and other minority interests. QVC offers assortment of ,quality merchandise and classifies its products into six groups: home, apparel, beauty, accessories, electronics and jewelry. The company has three reportable segments: QxH, QVC International, and CBI. Majority of revenue is from Home products, from QxH segment. Company also operates in Japan, Germany and Other foreign countries.

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