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Fast Retailing Co (TSE:9983) Cyclically Adjusted FCF per Share : 円863.88 (As of Feb. 2025)


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What is Fast Retailing Co 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.

Fast Retailing Co's adjusted free cash flow per share for the three months ended in Feb. 2025 was 円425.167. 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 円863.88 for the trailing ten years ended in Feb. 2025.

During the past 12 months, Fast Retailing Co's average Cyclically Adjusted FCF Growth Rate was 14.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 21.30% 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 Fast Retailing Co was 22.40% per year. The lowest was 14.10% per year. And the median was 20.10% per year.

As of today (2025-05-25), Fast Retailing Co's current stock price is 円47070.00. Fast Retailing Co's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2025 was 円863.88. Fast Retailing Co's Cyclically Adjusted Price-to-FCF of today is 54.49.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Fast Retailing Co was 86.87. The lowest was 35.32. And the median was 53.96.


Fast Retailing Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Fast Retailing Co'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.

Fast Retailing Co Cyclically Adjusted FCF per Share Chart

Fast Retailing Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 374.00 476.28 572.27 685.24 862.44

Fast Retailing Co 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 751.82 794.51 862.44 868.62 863.88

Competitive Comparison of Fast Retailing Co's Cyclically Adjusted FCF per Share

For the Apparel Retail subindustry, Fast Retailing Co'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.


Fast Retailing Co's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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


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Fast Retailing Co 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, Fast Retailing Co'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)
=425.167/110.8000*110.8000
=425.167

Current CPI (Feb. 2025) = 110.8000.

Fast Retailing Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201505 -182.979 98.700 -205.411
201508 -193.206 98.400 -217.553
201511 147.037 98.100 166.072
201602 252.432 97.800 285.986
201605 -76.954 98.200 -86.828
201608 -142.172 97.900 -160.906
201611 287.186 98.600 322.720
201702 329.297 98.100 371.928
201705 61.520 98.600 69.132
201708 -135.155 98.500 -152.032
201711 355.761 99.100 397.763
201802 296.859 99.500 330.573
201805 81.893 99.300 91.377
201808 -317.149 99.800 -352.105
201811 39.299 100.000 43.543
201902 605.984 99.700 673.451
201905 125.121 100.000 138.634
201908 -4.842 100.000 -5.365
201911 246.022 100.500 271.236
202002 406.595 100.300 449.160
202005 -264.198 100.100 -292.439
202008 248.606 100.100 275.180
202011 399.654 99.500 445.042
202102 626.934 99.800 696.035
202105 -14.263 99.400 -15.899
202108 134.765 99.700 149.769
202111 209.125 100.100 231.479
202202 524.410 100.700 577.007
202205 166.169 101.800 180.860
202208 241.826 102.700 260.899
202211 -75.901 103.900 -80.942
202302 474.983 104.000 506.040
202305 372.837 105.100 393.057
202308 419.708 105.900 439.128
202311 251.881 106.900 261.070
202402 644.441 106.900 667.952
202405 329.395 108.100 337.622
202408 549.866 109.100 558.434
202411 190.580 110.000 191.966
202502 425.167 110.800 425.167

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


Fast Retailing Co  (TSE:9983) 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.

Fast Retailing Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=47070.00/863.88
=54.49

* 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 Fast Retailing Co was 86.87. The lowest was 35.32. And the median was 53.96.


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.


Fast Retailing Co Cyclically Adjusted FCF per Share Related Terms

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


Fast Retailing Co Business Description

Traded in Other Exchanges
Address
10717-1 Sayama, Yamaguchi, Yamaguchi, JPN, 754-0894
Fast Retailing is Japan's largest apparel company, operating the casualwear retail chain Uniqlo known for its high-quality functional apparel at reasonable prices. Fast Retailing is in charge of product design and sales, while outsourcing almost all of its production to factories in places including China, Vietnam, Bangladesh, Indonesia, and India. It is ranked the fourth-largest apparel company by sales globally in 2023 in our estimate, thanks to the expansion of Uniqlo International, which contributed 52% of core operating profit. As at the end of fiscal 2023, it ran 3,578 stores globally. Other brands in its portfolio include GU and acquired brands including Theory, Comptoir des Cotonniers, and Princesse Tam Tam. The Yanai family owned a 40.86% stake in the firm as at June 8, 2024.

Fast Retailing Co Headlines

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