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Zalando SE (XBUL:ZAL) Cyclically Adjusted FCF per Share : лв0.58 (As of Mar. 2025)


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What is Zalando SE 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.

Zalando SE's adjusted free cash flow per share for the three months ended in Mar. 2025 was лв-1.341. 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 лв0.58 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Zalando SE's average Cyclically Adjusted FCF Growth Rate was 18.90% 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.

As of today (2025-05-29), Zalando SE's current stock price is лв29.06. Zalando SE's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was лв0.58. Zalando SE's Cyclically Adjusted Price-to-FCF of today is 50.10.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Zalando SE was 236.50. The lowest was 29.73. And the median was 54.79.


Zalando SE Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Zalando SE'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.

Zalando SE Cyclically Adjusted FCF per Share Chart

Zalando SE 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 - - - - 0.61

Zalando SE 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 - - 0.61 0.61 0.58

Competitive Comparison of Zalando SE's Cyclically Adjusted FCF per Share

For the Internet Retail subindustry, Zalando SE'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.


Zalando SE's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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


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Zalando SE 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, Zalando SE'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)
=-1.341/127.7792*127.7792
=-1.341

Current CPI (Mar. 2025) = 127.7792.

Zalando SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.186 100.417 0.237
201509 -0.012 100.417 -0.015
201512 0.418 99.717 0.536
201603 -0.277 100.017 -0.354
201606 0.862 100.717 1.094
201609 0.119 101.017 0.151
201612 -0.005 101.217 -0.006
201703 -0.689 101.417 -0.868
201706 0.203 102.117 0.254
201709 0.368 102.717 0.458
201712 -0.250 102.617 -0.311
201803 -1.009 102.917 -1.253
201806 0.108 104.017 0.133
201809 -0.715 104.718 -0.872
201812 0.791 104.217 0.970
201903 -0.789 104.217 -0.967
201906 0.682 105.718 0.824
201909 -0.625 106.018 -0.753
201912 0.761 105.818 0.919
202003 -2.401 105.718 -2.902
202006 2.586 106.618 3.099
202009 1.391 105.818 1.680
202012 0.517 105.518 0.626
202103 -1.199 107.518 -1.425
202106 2.348 108.486 2.766
202109 -1.789 109.435 -2.089
202112 2.716 110.384 3.144
202203 -3.958 113.968 -4.438
202206 0.439 115.760 0.485
202209 0.440 118.818 0.473
202212 3.564 119.345 3.816
202303 -1.483 122.402 -1.548
202306 2.390 123.140 2.480
202309 -1.029 124.195 -1.059
202312 4.526 123.773 4.672
202403 -1.029 125.038 -1.052
202406 3.156 125.882 3.204
202409 -0.978 126.198 -0.990
202412 2.058 127.041 2.070
202503 -1.341 127.779 -1.341

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


Zalando SE  (XBUL:ZAL) 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.

Zalando SE's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=29.06/0.58
=50.10

* 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 Zalando SE was 236.50. The lowest was 29.73. And the median was 54.79.


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.


Zalando SE Cyclically Adjusted FCF per Share Related Terms

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


Zalando SE Business Description

Industry
Address
Valeska-Gert-Strabe 5, Berlin, DEU, 10243
Zalando, founded in 2008, is Europe's biggest pure-play online fashion platform. Zalando is present in 25 European countries and its major market is the DACH region, comprising Germany, Austria, and Switzerland, which accounts for around 44% of fashion stores' revenue. The company commands around 12% market share in European online apparel sales. It has 12 fulfilment centers and offers over 7,000 brands on its platform. In 2023, Zalando had almost 50 million active users (more than 10% of the population in countries where the firm has a presence).

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