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RH (BSP:R2HH34) Cyclically Adjusted Price-to-FCF : 34.51 (As of May. 01, 2024)


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What is RH Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), RH's current share price is R$21.74. RH's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was R$0.63. RH's Cyclically Adjusted Price-to-FCF for today is 34.51.

The historical rank and industry rank for RH's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:R2HH34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.8   Med: 86.91   Max: 656.63
Current: 34.57

During the past years, RH's highest Cyclically Adjusted Price-to-FCF was 656.63. The lowest was 25.80. And the median was 86.91.

BSP:R2HH34's Cyclically Adjusted Price-to-FCF is ranked worse than
80% of 435 companies
in the Retail - Cyclical industry
Industry Median: 13.08 vs BSP:R2HH34: 34.57

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.

RH's adjusted free cash flow per share data for the three months ended in Jan. 2024 was R$-1.044. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$0.63 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


RH Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for RH's Cyclically Adjusted Price-to-FCF 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.

RH Cyclically Adjusted Price-to-FCF Chart

RH Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.76 118.05 67.89 42.29 35.47

RH Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Price-to-FCF 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 42.29 32.70 46.98 25.64 35.47

Competitive Comparison of RH's Cyclically Adjusted Price-to-FCF

For the Specialty Retail subindustry, RH'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.


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

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

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



RH Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

RH's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=21.74/0.63
=34.51

* 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.

RH's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, RH'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)
=-1.044/129.4194*129.4194
=-1.044

Current CPI (Jan. 2024) = 129.4194.

RH Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.067 100.023 -0.087
201407 0.004 100.520 0.005
201410 -0.024 100.176 -0.031
201501 0.063 98.604 0.083
201504 -0.053 99.824 -0.069
201507 0.001 100.691 0.001
201510 -0.101 100.346 -0.130
201601 0.163 99.957 0.211
201604 -0.199 100.947 -0.255
201607 -0.012 101.524 -0.015
201610 0.028 101.988 0.036
201701 0.043 102.456 0.054
201704 0.143 103.167 0.179
201707 0.291 103.278 0.365
201710 0.064 104.070 0.080
201801 0.300 104.578 0.371
201804 -0.047 105.708 -0.058
201807 0.063 106.324 0.077
201810 0.039 106.695 0.047
201901 0.355 106.200 0.433
201904 0.081 107.818 0.097
201907 0.116 108.250 0.139
201910 0.210 108.577 0.250
202001 0.267 108.841 0.317
202004 -0.155 108.173 -0.185
202007 0.379 109.318 0.449
202010 0.647 109.861 0.762
202101 0.339 110.364 0.398
202104 0.419 112.673 0.481
202107 0.253 115.183 0.284
202110 0.430 116.696 0.477
202201 0.298 118.619 0.325
202204 0.304 121.978 0.323
202207 0.078 125.002 0.081
202210 0.324 125.734 0.333
202301 0.013 126.223 0.013
202304 0.185 127.992 0.187
202307 0.403 128.974 0.404
202310 0.081 129.810 0.081
202401 -1.044 129.419 -1.044

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


RH  (BSP:R2HH34) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


RH Cyclically Adjusted Price-to-FCF Related Terms

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


RH (BSP:R2HH34) Business Description

Industry
Traded in Other Exchanges
Address
15 Koch Road, Suite K, Corte Madera, CA, USA, 94925
RH is a luxury retailer operating in the $143 billion domestic furniture and home furnishing industry. The firm offers merchandise across many categories including furniture, lighting, textiles, bath, decor, children, and is growing the presence of its hospitality business (with 15 restaurant locations). RH innovates, curates, and integrates products, categories, services, and businesses across channels and brand extensions (RH Teen, RH Modern, and Waterworks, for example). RH is fully integrated across store, Web, and catalog channels, and is positioned to broaden its total addressable market over the next decade with its World of RH digital platform (highlighting offerings outside of home furnishings), along with future offerings in color, bespoke furniture, architeture, media, and more.

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