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Express, (FRA:02Z0) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Express, Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Express, Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Express,'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.

Express, Cyclically Adjusted Price-to-FCF Chart

Express, Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.60 3.06 10.40 6.78 -

Express, Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 4.54 - - - -

Competitive Comparison of Express,'s Cyclically Adjusted Price-to-FCF

For the Apparel Retail subindustry, Express,'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.


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

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

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



Express, 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.

Express,'s Cyclically Adjusted FCF per Share for the quarter that ended in Oct. 2023 is calculated as:

For example, Express,'s adjusted Free Cash Flow per Share data for the three months ended in Oct. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=-19.627/129.8097*129.8097
=-19.627

Current CPI (Oct. 2023) = 129.8097.

Express, Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201401 22.699 98.692 29.856
201404 -9.969 100.023 -12.938
201407 0.604 100.520 0.780
201410 -6.510 100.176 -8.436
201501 26.427 98.604 34.791
201504 -3.867 99.824 -5.029
201507 6.471 100.691 8.342
201510 -8.813 100.346 -11.401
201601 31.748 99.957 41.230
201604 -7.476 100.947 -9.614
201607 6.805 101.524 8.701
201610 -3.889 101.988 -4.950
201701 26.033 102.456 32.983
201704 -3.252 103.167 -4.092
201707 -1.382 103.278 -1.737
201710 5.484 104.070 6.840
201801 11.492 104.578 14.265
201804 -7.002 105.708 -8.598
201807 5.315 106.324 6.489
201810 -1.082 106.695 -1.316
201901 9.700 106.200 11.856
201904 -5.598 107.818 -6.740
201907 2.813 108.250 3.373
201910 6.190 108.577 7.400
202001 11.640 108.841 13.883
202004 -38.907 108.173 -46.689
202007 -12.140 109.318 -14.416
202010 -22.184 109.861 -26.212
202101 -19.041 110.364 -22.396
202104 -1.319 112.673 -1.520
202107 15.124 115.183 17.045
202110 0.779 116.696 0.867
202201 -1.471 118.619 -1.610
202204 -22.322 121.978 -23.755
202207 1.921 125.002 1.995
202210 -13.648 125.734 -14.090
202301 -21.537 126.223 -22.149
202304 -21.926 127.992 -22.237
202307 2.853 128.974 2.871
202310 -19.627 129.810 -19.627

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.


Express,  (FRA:02Z0) 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.


Express, Cyclically Adjusted Price-to-FCF Related Terms

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Express, (FRA:02Z0) Business Description

Traded in Other Exchanges
Address
1 Express Drive, Columbus, OH, USA, 43230
Express, Inc. is a United States-based specialty apparel retailer. It offers apparel and accessories for work, casual, jeanswear, and going-out. The company also sells the products through its e-commerce website and mobile app, as well as through franchisees who operate company locations in Latin America according to the franchise agreements. It derives revenue from the sales of apparel, accessories and other products, of which a majority of the revenue from the sale of apparel.

Express, (FRA:02Z0) Headlines

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