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Cnova NV (Cnova NV) Cyclically Adjusted Price-to-FCF : (As of Jun. 24, 2024)


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What is Cnova NV Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cnova NV Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cnova NV'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.

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Cnova NV Cyclically Adjusted Price-to-FCF Chart

Cnova NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Cnova NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Cnova NV's Cyclically Adjusted Price-to-FCF

For the Internet Retail subindustry, Cnova NV'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.


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

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

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



Cnova NV 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.

Cnova NV's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Cnova NV's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.457/126.4500*126.4500
=-0.457

Current CPI (Dec23) = 126.4500.

Cnova NV Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.621 99.050 0.793
201512 -0.176 99.730 -0.223
201612 -1.505 100.710 -1.890
201712 -1.133 101.970 -1.405
201812 0.182 103.970 0.221
201912 0.171 106.800 0.202
202012 0.317 107.850 0.372
202112 -0.163 114.010 -0.181
202212 -0.078 124.940 -0.079
202312 -0.457 126.450 -0.457

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.


Cnova NV  (OTCPK:CNVAF) 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.


Cnova NV Cyclically Adjusted Price-to-FCF Related Terms

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Cnova NV (Cnova NV) Business Description

Industry
Traded in Other Exchanges
Address
Strawinskylaan 3051, Amsterdam, NLD, 1077 ZX
Cnova NV is an eCommerce company. It provides its customers with the value proposition through a low-cost business model that allows offering attractive pricing, an extensive product assortment and differentiated delivery and payment solutions. It offers approximately 10 million active customers access to a wide and growing assortment of more than approximately 90 million product offerings through a combination of its direct sales and sales by third-party vendors. Its product offerings categories in terms of GMV are home appliances, consumer electronics, computers, home furnishings, leisure and personal goods.

Cnova NV (Cnova NV) Headlines

From GuruFocus

Cnova N.V. : 2017 Annual Report

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