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Ann (FRA:AAK) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Ann Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ann Cyclically Adjusted Price-to-FCF Historical Data

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

Ann Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
Cyclically Adjusted Price-to-FCF
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Ann Quarterly Data
Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15
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Competitive Comparison of Ann's Cyclically Adjusted Price-to-FCF

For the Apparel Retail subindustry, Ann'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.


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

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

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



Ann 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.

Ann's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2015 is calculated as:

For example, Ann's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2015 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr. 2015 (Change)*Current CPI (Apr. 2015)
=-0.644/99.8236*99.8236
=-0.644

Current CPI (Apr. 2015) = 99.8236.

Ann Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200507 0.362 82.441 0.438
200510 0.454 84.045 0.539
200601 1.221 83.665 1.457
200604 0.044 85.015 0.052
200607 1.111 85.859 1.292
200610 -0.271 85.142 -0.318
200701 0.530 85.402 0.620
200704 -0.301 87.203 -0.345
200707 0.814 87.884 0.925
200710 0.213 88.152 0.241
200801 0.624 89.057 0.699
200804 0.138 90.636 0.152
200807 0.526 92.805 0.566
200810 -0.398 91.375 -0.435
200901 0.422 89.084 0.473
200904 -0.501 89.968 -0.556
200907 0.687 90.859 0.755
200910 0.064 91.207 0.070
201001 0.887 91.423 0.969
201004 0.070 91.980 0.076
201007 0.571 91.981 0.620
201010 -0.366 92.277 -0.396
201101 1.106 92.914 1.188
201104 -0.381 94.890 -0.401
201107 0.506 95.319 0.530
201110 -0.099 95.529 -0.103
201201 1.336 95.632 1.395
201204 -0.294 97.075 -0.302
201207 1.089 96.661 1.125
201210 0.052 97.595 0.053
201301 0.993 97.158 1.020
201304 -1.304 98.107 -1.327
201307 1.217 98.557 1.233
201310 0.109 98.536 0.110
201401 1.187 98.692 1.201
201404 -1.228 100.023 -1.226
201407 1.129 100.520 1.121
201410 -0.733 100.176 -0.730
201501 1.866 98.604 1.889
201504 -0.644 99.824 -0.644

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.


Ann  (FRA:AAK) 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.


Ann Cyclically Adjusted Price-to-FCF Related Terms

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Ann (FRA:AAK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ann Inc was incorporated in the State of Delaware in 1988 and changed its name to ANN INC. in March 2011. The Company through its wholly-owned subsidiaries is a specialty retailer of women's apparel, shoes and accessories sold mainly under the Ann Taylor and LOFT brands. The Company has four operating segments including Ann Taylor, LOFT, Ann Taylor Factory and LOFT Outlet. Ann Taylor is a luxury brand that offers modern style while remaining true to its legacy as a destination for every generation of working women, with timeless wear-now and wear-to-work fashion of impeccable quality at compelling prices. LOFT provides fashion that delivers feminine appeal, special and unexpected details, and a flattering fit, making its client's style aspirations attainable. The Company's Ann Taylor and LOFT stores offer career and casual separates, dresses, tops, weekend wear, shoes and accessories, coordinated as part of a strategy to provide modern styles that are versatile across all occasions and needs. It also offer updated past season best sellers from the Ann Taylor and LOFT merchandise collections at its Ann Taylor Factory and LOFT Outlet stores, respectively. In addition to its stores, its clients can shop online at www.anntaylor.com and www.LOFT.com. The AnnTaylor, LOFT and AnnTaylor Loft trademarks are registered with the United States Patent and Trademark Office and with the trademark registries of many foreign countries. The Company's stores compete with certain departments in international, national and local department stores and with other specialty stores, catalog and internet businesses that offer similar categories of merchandise.

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