GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wayfair Inc (BSP:W2YF34) » Definitions » Cyclically Adjusted Price-to-FCF

Wayfair (BSP:W2YF34) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Wayfair Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wayfair Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Wayfair'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.

Wayfair Cyclically Adjusted Price-to-FCF Chart

Wayfair Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Wayfair Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

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

For the Internet Retail subindustry, Wayfair'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.


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

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

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



Wayfair 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.

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

For example, Wayfair's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.229/131.7762*131.7762
=-0.229

Current CPI (Mar. 2024) = 131.7762.

Wayfair Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.025 100.560 -0.033
201409 -0.018 100.428 -0.024
201412 0.046 99.070 0.061
201503 -0.055 99.621 -0.073
201506 0.012 100.684 0.016
201509 0.047 100.392 0.062
201512 0.103 99.792 0.136
201603 -0.101 100.470 -0.132
201606 -0.022 101.688 -0.029
201609 -0.015 101.861 -0.019
201612 0.055 101.863 0.071
201703 -0.072 102.862 -0.092
201706 -0.030 103.349 -0.038
201709 -0.019 104.136 -0.024
201712 0.002 104.011 0.003
201803 -0.050 105.290 -0.063
201806 -0.009 106.317 -0.011
201809 -0.077 106.507 -0.095
201812 -0.028 105.998 -0.035
201903 -0.201 107.251 -0.247
201906 -0.110 108.070 -0.134
201909 -0.230 108.329 -0.280
201912 -0.201 108.420 -0.244
202003 -0.526 108.902 -0.636
202006 1.302 108.767 1.577
202009 0.360 109.815 0.432
202012 0.185 109.897 0.222
202103 0.169 111.754 0.199
202106 0.244 114.631 0.280
202109 -0.297 115.734 -0.338
202112 0.025 117.630 0.028
202203 -0.448 121.301 -0.487
202206 -0.335 125.017 -0.353
202209 -0.760 125.227 -0.800
202212 -0.027 125.222 -0.028
202303 -0.317 127.348 -0.328
202306 0.158 128.729 0.162
202309 0.051 129.860 0.052
202312 0.074 129.419 0.075
202403 -0.229 131.776 -0.229

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.


Wayfair  (BSP:W2YF34) 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.


Wayfair Cyclically Adjusted Price-to-FCF Related Terms

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


Wayfair (BSP:W2YF34) Business Description

Traded in Other Exchanges
Address
4 Copley Place, Boston, MA, USA, 02116
Wayfair engages in e-commerce in the United States (86% of 2022 sales), Canada, the United Kingdom, Germany, and Ireland. At the end of 2022, the firm offered more than 40 million products from more than 20,000 suppliers under the brands Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold. Its offerings include furniture, everyday and seasonal decor, decorative accents, housewares, and other home goods. Wayfair was founded in 2002 and began trading publicly in 2014.

Wayfair (BSP:W2YF34) Headlines

No Headlines