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Capri Holdings (FRA:MKO) Cyclically Adjusted Price-to-FCF : 7.93 (As of May. 14, 2024)


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What is Capri Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Capri Holdings's current share price is €33.30. Capri Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €4.20. Capri Holdings's Cyclically Adjusted Price-to-FCF for today is 7.93.

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

FRA:MKO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.47   Med: 11.37   Max: 17.49
Current: 7.65

During the past years, Capri Holdings's highest Cyclically Adjusted Price-to-FCF was 17.49. The lowest was 4.47. And the median was 11.37.

FRA:MKO's Cyclically Adjusted Price-to-FCF is ranked better than
70.41% of 436 companies
in the Retail - Cyclical industry
Industry Median: 13.01 vs FRA:MKO: 7.65

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.

Capri Holdings's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €2.429. 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 €4.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capri Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Capri Holdings'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.

Capri Holdings Cyclically Adjusted Price-to-FCF Chart

Capri Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 14.84 12.80 10.12

Capri Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.59 10.12 7.74 11.58 10.75

Competitive Comparison of Capri Holdings's Cyclically Adjusted Price-to-FCF

For the Luxury Goods subindustry, Capri Holdings'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.


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

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

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



Capri Holdings 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=33.30/4.2
=7.93

* 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.

Capri Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.429/130.0000*130.0000
=2.429

Current CPI (Dec. 2023) = 130.0000.

Capri Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.414 99.300 0.542
201406 0.514 99.800 0.670
201409 -0.431 100.000 -0.560
201412 1.462 99.900 1.903
201503 0.329 99.600 0.429
201506 0.741 100.100 0.962
201509 0.111 100.200 0.144
201512 2.339 100.400 3.029
201603 1.038 100.400 1.344
201606 1.392 101.000 1.792
201609 -0.176 101.500 -0.225
201612 2.866 102.200 3.646
201703 0.708 102.700 0.896
201706 1.018 103.500 1.279
201709 0.499 104.300 0.622
201712 2.815 105.000 3.485
201803 0.800 105.100 0.990
201806 0.927 105.900 1.138
201809 0.045 106.600 0.055
201812 2.726 107.100 3.309
201903 -0.751 107.000 -0.912
201906 0.604 107.900 0.728
201909 0.202 108.400 0.242
201912 2.662 108.500 3.189
202003 0.291 108.600 0.348
202006 0.208 108.800 0.249
202009 0.241 109.200 0.287
202012 2.066 109.400 2.455
202103 0.295 109.700 0.350
202106 0.970 111.400 1.132
202109 0.920 112.400 1.064
202112 1.626 114.700 1.843
202203 -0.336 116.500 -0.375
202206 0.665 120.500 0.717
202209 -1.091 122.300 -1.160
202212 3.584 125.300 3.718
202303 0.726 126.800 0.744
202306 -0.078 129.400 -0.078
202309 -1.411 130.100 -1.410
202312 2.429 130.000 2.429

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.


Capri Holdings  (FRA:MKO) 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.


Capri Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Capri Holdings (FRA:MKO) Business Description

Traded in Other Exchanges
Address
90 Whitfield Street, 2nd Floor, London, GBR, W1T 4EZ
Michael Kors, Versace, and Jimmy Choo are the brands of Capri Holdings, a marketer, distributor, and retailer of upscale accessories and apparel. Michael Kors, Capri's largest brand, offers handbags, footwear, and apparel through more than 800 company-owned stores, wholesale, and e-commerce. Versace (acquired in 2018) is known for its ready-to-wear luxury fashion, while Jimmy Choo (acquired in 2017) is best known for women's luxury footwear. John Idol has served as CEO since 2003.

Capri Holdings (FRA:MKO) Headlines

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