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HNNMY (Hennes & Mauritz AB) Cyclically Adjusted FCF per Share : $0.24 (As of Feb. 2025)


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What is Hennes & Mauritz AB 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.

Hennes & Mauritz AB's adjusted free cash flow per share for the three months ended in Feb. 2025 was $0.026. 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 $0.24 for the trailing ten years ended in Feb. 2025.

During the past 12 months, Hennes & Mauritz AB's average Cyclically Adjusted FCF Growth Rate was 0.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.10% 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 Hennes & Mauritz AB was 15.10% per year. The lowest was 1.70% per year. And the median was 9.70% per year.

As of today (2025-05-14), Hennes & Mauritz AB's current stock price is $2.88. Hennes & Mauritz AB's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2025 was $0.24. Hennes & Mauritz AB's Cyclically Adjusted Price-to-FCF of today is 12.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hennes & Mauritz AB was 26.98. The lowest was 8.88. And the median was 16.44.


Hennes & Mauritz AB Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hennes & Mauritz AB'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.

Hennes & Mauritz AB Cyclically Adjusted FCF per Share Chart

Hennes & Mauritz AB Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.23 0.22 0.24 0.24

Hennes & Mauritz AB Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 0.25 0.25 0.25 0.24 0.24

Competitive Comparison of Hennes & Mauritz AB's Cyclically Adjusted FCF per Share

For the Apparel Manufacturing subindustry, Hennes & Mauritz AB'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.


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

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

* The bar in red indicates where Hennes & Mauritz AB's Cyclically Adjusted Price-to-FCF falls into.


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Hennes & Mauritz AB 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, Hennes & Mauritz AB's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=0.026/133.7436*133.7436
=0.026

Current CPI (Feb. 2025) = 133.7436.

Hennes & Mauritz AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201505 0.090 100.285 0.120
201508 0.015 99.829 0.020
201511 0.029 100.129 0.039
201602 0.026 100.253 0.035
201605 0.076 100.914 0.101
201608 0.019 100.968 0.025
201611 0.029 101.517 0.038
201702 -0.001 102.037 -0.001
201705 0.075 102.679 0.098
201708 0.033 103.138 0.043
201711 0.021 103.413 0.027
201802 -0.012 103.678 -0.015
201805 0.058 104.632 0.074
201808 0.040 105.197 0.051
201811 0.027 105.443 0.034
201902 -0.007 105.641 -0.009
201905 0.061 106.895 0.076
201908 0.069 106.716 0.086
201911 0.111 107.345 0.138
202002 0.068 106.742 0.085
202005 -0.059 106.882 -0.074
202008 0.154 107.571 0.191
202011 0.126 107.549 0.157
202102 0.076 108.190 0.094
202105 0.200 108.838 0.246
202108 0.216 109.780 0.263
202111 0.090 111.069 0.108
202202 0.036 112.834 0.043
202205 0.095 116.746 0.109
202208 0.047 120.573 0.052
202211 0.047 123.803 0.051
202302 0.040 126.321 0.042
202305 0.068 128.034 0.071
202308 0.113 129.560 0.117
202311 0.067 130.958 0.068
202402 0.029 132.046 0.029
202405 0.118 132.818 0.119
202408 0.060 132.052 0.061
202411 0.029 133.000 0.029
202502 0.026 133.744 0.026

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


Hennes & Mauritz AB  (OTCPK:HNNMY) 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.

Hennes & Mauritz AB's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.88/0.24
=12.00

* 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 Hennes & Mauritz AB was 26.98. The lowest was 8.88. And the median was 16.44.


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.


Hennes & Mauritz AB Cyclically Adjusted FCF per Share Related Terms

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


Hennes & Mauritz AB Business Description

Traded in Other Exchanges
Address
Master Samuelsgatan 46A, Stockholm, SWE, SE-106 38
Hennes & Mauritz is a global multibrand fashion conglomerate that was founded in 1947. Its flagship H&M brand accounts for most of revenue, but the newer brands (COS, &Other Stories, Monki, Weekday, and Arket) are growing a bit faster. H&M commands low-single-digit market share in a fragmented global apparel market. Around 65% of revenue is generated in Europe and Africa, 13% in Asia and Oceania, and 23% in North and South America. The company operates around 4,500 stores globally of which 3,947 are H&M-brand stores.

Hennes & Mauritz AB Headlines

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