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Cabela′s (FRA:DBQA) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


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What is Cabela′s Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cabela′s Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cabela′s'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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Cabela′s Cyclically Adjusted Price-to-FCF Chart

Cabela′s Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted Price-to-FCF
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Cabela′s Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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Competitive Comparison of Cabela′s's Cyclically Adjusted Price-to-FCF

For the Specialty Retail subindustry, Cabela′s'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.


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

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

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



Cabela′s 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.

Cabela′s's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2017 is calculated as:

For example, Cabela′s's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2017 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=2.064/103.3491*103.3491
=2.064

Current CPI (Jun. 2017) = 103.3491.

Cabela′s Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200709 -2.173 87.964 -2.553
200712 1.255 88.616 1.464
200803 -2.135 90.090 -2.449
200806 -0.136 92.320 -0.152
200809 1.017 92.307 1.139
200812 2.207 88.697 2.572
200903 -1.003 89.744 -1.155
200906 0.110 91.003 0.125
200909 0.636 91.120 0.721
200912 2.609 91.111 2.959
201003 -0.045 91.821 -0.051
201006 -0.015 91.962 -0.017
201009 -0.509 92.162 -0.571
201012 1.548 92.474 1.730
201103 -0.253 94.283 -0.277
201106 -0.247 95.235 -0.268
201109 0.069 95.727 0.074
201112 3.040 95.213 3.300
201203 -0.488 96.783 -0.521
201206 0.334 96.819 0.357
201209 -0.766 97.633 -0.811
201212 1.133 96.871 1.209
201303 0.622 98.209 0.655
201306 -0.108 98.518 -0.113
201309 -2.404 98.790 -2.515
201312 1.981 98.326 2.082
201403 -1.682 99.695 -1.744
201406 -0.134 100.560 -0.138
201409 -1.751 100.428 -1.802
201412 1.824 99.070 1.903
201503 -1.328 99.621 -1.378
201506 -0.452 100.684 -0.464
201509 -2.372 100.392 -2.442
201512 3.285 99.792 3.402
201603 -0.470 100.470 -0.483
201606 1.471 101.688 1.495
201609 0.494 101.861 0.501
201612 2.710 101.863 2.750
201703 0.658 102.862 0.661
201706 2.064 103.349 2.064

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.


Cabela′s  (FRA:DBQA) 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.


Cabela′s Cyclically Adjusted Price-to-FCF Related Terms

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


Cabela′s (FRA:DBQA) Business Description

Traded in Other Exchanges
N/A
Address
Cabela's Inc was founded in 1961. The Company is a specialty retailer, and the direct marketer, of hunting, fishing, camping, and related outdoor merchandise. It also issues Cabela's CLUB Visa credit card, which serves as its customer loyalty rewards program. The Company operates in four segments Retail, Direct, Financial Services, and Corporate Overhead and Other. In retail segment the Company operated 77 retail stores, 68 stores in 36 states and nine stores in six Canadian provinces. During 2015, it opened 13 retail stores, 11 stores in the United States and two in Canada. It has two basic store formats. Its legacy stores refer to traditional retail stores that opened in August 2008 and earlier. It has 28 traditional, or legacy, retail stores, which offers a tourist-type experience. Its retail stores often attract the construction and development of hotels, restaurants, and other retail establishments adjacent to these stores. The Direct segment sells products through its e-commerce websites (Cabelas.com and Cabelas.ca) and direct mail catalogs. It markets its products through websites, mobile devices, and its print catalog distributions. The Financial Services segment provides customers with a rewards program that enhances revenue, operating profitability, and customer loyalty in its Retail and Direct businesses. Through its wholly-owned bank subsidiary, World's Foremost Bank, it issues and manages the Cabela's CLUB Visa credit card, a rewards based credit card program. The Company's product assortments includes merchandise and equipment for hunting, fishing, marine use, camping, and recreational sport shooting, along with casual and outdoor apparel and footwear, optics, vehicle accessories, and gifts and home furnishings with an outdoor theme. The Corporate Overhead and Other segment includes the value of unredeemed points earned that are associated with the Company's loyalty rewards programs for Cabela's CLUB issued credit cards, net of the estimated costs of the points; amounts received from outfitter services; real estate rental income; land sales; and fees earned from a travel business and other complementary business services. The Company competes with the outdoor recreation and casual apparel and footwear markets. It competes directly or indirectly with other broad-line merchants, large-format sporting goods stores and chains, mass merchandisers, warehouse clubs, discount and department stores, small specialty retailers, and catalog and Internet-based retailers.

Cabela′s (FRA:DBQA) Headlines

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