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Foot Locker (Foot Locker) Cyclically Adjusted FCF per Share : $4.50 (As of Jan. 2024)


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What is Foot Locker 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.

Foot Locker's adjusted free cash flow per share for the three months ended in Jan. 2024 was $1.185. 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 $4.50 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Foot Locker's average Cyclically Adjusted FCF Growth Rate was -6.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 13.30% 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 Foot Locker was 200.00% per year. The lowest was -9.10% per year. And the median was 13.20% per year.

As of today (2024-05-25), Foot Locker's current stock price is $22.07. Foot Locker's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $4.50. Foot Locker's Cyclically Adjusted Price-to-FCF of today is 4.90.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Foot Locker was 38.26. The lowest was 3.84. And the median was 15.15.


Foot Locker Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Foot Locker'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.

Foot Locker Cyclically Adjusted FCF per Share Chart

Foot Locker Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.58 4.32 4.82 4.80 4.50

Foot Locker Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4.80 4.51 4.48 4.50 4.50

Competitive Comparison of Foot Locker's Cyclically Adjusted FCF per Share

For the Apparel Retail subindustry, Foot Locker'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.


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

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

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



Foot Locker 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, Foot Locker'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)
=1.185/130.1244*130.1244
=1.185

Current CPI (Jan. 2024) = 130.1244.

Foot Locker Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 1.511 100.023 1.966
201407 0.314 100.520 0.406
201410 0.220 100.176 0.286
201501 1.533 98.604 2.023
201504 1.077 99.824 1.404
201507 0.460 100.691 0.594
201510 0.163 100.346 0.211
201601 2.317 99.957 3.016
201604 1.154 100.947 1.488
201607 0.701 101.524 0.898
201610 0.224 101.988 0.286
201701 2.206 102.456 2.802
201704 0.633 103.167 0.798
201707 0.129 103.278 0.163
201710 1.511 104.070 1.889
201801 2.046 104.578 2.546
201804 2.947 105.708 3.628
201807 -0.333 106.324 -0.408
201810 -0.374 106.695 -0.456
201901 2.874 106.200 3.521
201904 2.414 107.818 2.913
201907 -0.234 108.250 -0.281
201910 0.224 108.577 0.268
202001 2.269 108.841 2.713
202004 -1.611 108.173 -1.938
202007 6.575 109.318 7.826
202010 0.313 109.861 0.371
202101 3.302 110.364 3.893
202104 3.305 112.673 3.817
202107 -0.304 115.183 -0.343
202110 0.441 116.696 0.492
202201 0.955 118.619 1.048
202204 -1.193 121.978 -1.273
202207 -1.493 125.002 -1.554
202210 0.084 125.734 0.087
202301 1.454 126.223 1.499
202304 -1.861 127.992 -1.892
202307 -1.189 128.974 -1.200
202310 0.275 129.810 0.276
202401 1.185 130.124 1.185

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


Foot Locker  (NYSE:FL) 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.

Foot Locker's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=22.07/4.5
=4.90

* 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 Foot Locker was 38.26. The lowest was 3.84. And the median was 15.15.


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.


Foot Locker Cyclically Adjusted FCF per Share Related Terms

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


Foot Locker (Foot Locker) Business Description

Traded in Other Exchanges
Address
330 West 34th Street, New York, NY, USA, 10001
Foot Locker Inc operates thousands of retail stores throughout the United States, Canada, Europe, Australia, and New Zealand. It also has one franchisee in the Middle East and one in South Korea, each of which operates multiple stores in those regions. The company mainly sells athletically inspired shoes and apparel. Foot Locker's merchandise comes from only a few suppliers, with Nike providing the majority. Store names include Foot Locker, Champs, and Runners Point. The company also has an e-commerce business selling through Footlocker.com, Eastbay, and Final-Score.
Executives
Mary N Dillon director, officer: President & CEO ULTA BEAUTY, INC., 1000 REMINGTON BLVD SUITE 120, BOLINGBROOK IL 60440
Jennifer Kraft officer: EVP and General Counsel C/O FOOT LOCKER, INC., NEW YORK NY 10001
Michael Baughn officer: EVP & Chief Financial Officer C/O FOOT LOCKER, INC., 140 FOUNTAIN PARKWAY, ST. PETERSBURG FL 33716
Robert Higginbotham officer: Interim CFO C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
John A Maurer officer: VP, Treasurer FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120
Giovanna Cipriano officer: SVP & Chief Accounting Officer FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120
Todd Greener officer: SVP, Global Supply Chain 330 WEST 34TH STREET, NEW YORK NY 10001
Richard A Johnson director, officer: President & CEO FOOT LOCKER, INC., 112 WEST 34TH STREET, NEW YORK NY 10120
Rosalind Reeves officer: EVP, Chief HR Officer C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
Elliott Rodgers officer: EVP, Chief Operations Officer C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Vesa Equity Investment S.a R.l. 10 percent owner 2, PLACE DE PARIS, LUXEMBOURG N4 L-2314
Nitin Neil Bansal officer: EVP,Chief Strat&Transform Off C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
Andrew E Page officer: EVP & Chief Financial Officer C/O FOOT LOCKER, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
Samantha Lomow officer: President, Global Brands 2400 WEST CENTRAL ROAD, HOFFMAN ESTATES IL 60192
Virginia Drosos director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11