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Crocs (FRA:C7N) Cyclically Adjusted Price-to-FCF : 37.08 (As of May. 13, 2024)


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What is Crocs Cyclically Adjusted Price-to-FCF?

As of today (2024-05-13), Crocs's current share price is €129.40. Crocs's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.49. Crocs's Cyclically Adjusted Price-to-FCF for today is 37.08.

The historical rank and industry rank for Crocs's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:C7N' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.57   Med: 50.5   Max: 225.57
Current: 37.63

During the past years, Crocs's highest Cyclically Adjusted Price-to-FCF was 225.57. The lowest was 18.57. And the median was 50.50.

FRA:C7N's Cyclically Adjusted Price-to-FCF is ranked worse than
72.13% of 366 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 17.975 vs FRA:C7N: 37.63

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Crocs's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.653. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €3.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Crocs Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Crocs'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.

Crocs Cyclically Adjusted Price-to-FCF Chart

Crocs 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 72.00 74.51 80.57 45.46 24.81

Crocs 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 51.17 38.93 27.47 24.81 37.77

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

For the Footwear & Accessories subindustry, Crocs'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.


Crocs's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Crocs's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Crocs 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.

Crocs's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=129.40/3.49
=37.08

* 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.

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

For example, Crocs'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)
=-0.653/129.4194*129.4194
=-0.653

Current CPI (Mar. 2024) = 129.4194.

Crocs Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.258 100.560 0.332
201409 -0.012 100.428 -0.015
201412 -0.201 99.070 -0.263
201503 -0.632 99.621 -0.821
201506 0.461 100.684 0.593
201509 0.094 100.392 0.121
201512 -0.049 99.792 -0.064
201603 -0.763 100.470 -0.983
201606 0.837 101.688 1.065
201609 0.050 101.861 0.064
201612 0.083 101.863 0.105
201703 -0.693 102.862 -0.872
201706 0.984 103.349 1.232
201709 0.455 104.136 0.565
201712 0.231 104.011 0.287
201803 -0.546 105.290 -0.671
201806 1.029 106.317 1.253
201809 0.507 106.507 0.616
201812 0.274 105.998 0.335
201903 -0.878 107.251 -1.059
201906 0.932 108.070 1.116
201909 0.503 108.329 0.601
201912 0.168 108.420 0.201
202003 -1.320 108.902 -1.569
202006 1.526 108.767 1.816
202009 1.360 109.815 1.603
202012 1.196 109.897 1.408
202103 0.279 111.754 0.323
202106 2.554 114.631 2.883
202109 1.320 115.734 1.476
202112 2.827 117.630 3.110
202203 -1.619 121.301 -1.727
202206 2.076 125.017 2.149
202209 2.091 125.227 2.161
202212 5.163 125.222 5.336
202303 -0.263 127.348 -0.267
202306 4.373 128.729 4.396
202309 3.275 129.860 3.264
202312 4.820 129.419 4.820
202403 -0.653 129.419 -0.653

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.


Crocs  (FRA:C7N) 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.


Crocs Cyclically Adjusted Price-to-FCF Related Terms

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


Crocs (FRA:C7N) Business Description

Traded in Other Exchanges
Address
13601 Via Varra, Broomfield, CO, USA, 80020
Crocs Inc is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children. The reportable geographic segments of the company include Americas, Asia pacific, and EMEA.

Crocs (FRA:C7N) Headlines

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