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Carvana Co (Carvana Co) Cyclically Adjusted Price-to-FCF : (As of May. 01, 2024)


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What is Carvana Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Carvana Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Carvana Co'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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Carvana Co Cyclically Adjusted Price-to-FCF Chart

Carvana Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Carvana Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Carvana Co's Cyclically Adjusted Price-to-FCF

For the Auto & Truck Dealerships subindustry, Carvana 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.


Carvana Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Carvana Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Carvana Co 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.

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

For example, Carvana Co'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)
=3.57/129.4194*129.4194
=3.570

Current CPI (Dec23) = 129.4194.

Carvana Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -2.262 99.070 -2.955
201512 -4.497 99.792 -5.832
201612 -18.651 101.863 -23.697
201712 -18.267 104.011 -22.729
201812 -18.574 105.998 -22.678
201912 -21.090 108.420 -25.175
202012 -14.897 109.897 -17.543
202112 -38.053 117.630 -41.867
202212 -18.209 125.222 -18.819
202312 3.570 129.419 3.570

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.


Carvana Co  (NYSE:CVNA) 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.


Carvana Co Cyclically Adjusted Price-to-FCF Related Terms

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


Carvana Co (Carvana Co) Business Description

Industry
Traded in Other Exchanges
Address
300 E. Rio Salado Parkway, Tempe, AZ, USA, 85281
Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage. The foundation of the business is retail vehicle unit sales. This drives the majority of the revenue and allows the company to capture additional revenue streams associated with financing, VSCs, auto insurance and GAP waiver coverage, as well as trade-in vehicles.
Executives
Paul W. Breaux officer: See Remarks 300 E RIO SALADO PKWY, TEMPE AZ 85281
Ecg Ii Spe, Llc 10 percent owner 1720 W. RIO SALADO PARKWAY, SUITE A, TEMPE AZ 85281
Thomas Taira officer: President, Special Projects 300 E RIO SALADO PKWY, TEMPE AZ 85281
Daniel J. Gill officer: Chief Product Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
Gregory B Sullivan director 1930 W. RIO SALADO PARKWAY, TEMPE AZ 85281
Ira J. Platt director 65 STURGES HWY, WESTPORT CT 06880
Michael E Maroone director 909 POINCIANA DRIVE, FORT LAUDERDALE FL 33301
Garcia Ernest C Ii 10 percent owner 100 CRESCENT COURT, SUITE 1100, DALLAS TX 75201
Ryan S. Keeton officer: Chief Brand Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
J Danforth Quayle director 1930 W. RIO SALADO PARKWAY, TEMPE AZ 85281
Garcia Ernest C. Iii director, 10 percent owner, officer: Chief Executive Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
Benjamin E. Huston officer: Chief Operating Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
Mark W. Jenkins officer: Chief Financial Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
Stephen R Palmer officer: Vice President of Accounting 1930 W RIO SALADO PKWY, TEMPE AZ 85281
Neha Parikh director 1930 W. RIO SALADO PARKWAY, TEMPE AZ 85281