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Canadian Tire (FRA:YAAA) Cyclically Adjusted Price-to-FCF : 15.16 (As of May. 16, 2024)


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What is Canadian Tire Cyclically Adjusted Price-to-FCF?

As of today (2024-05-16), Canadian Tire's current share price is €97.15. Canadian Tire's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €6.41. Canadian Tire's Cyclically Adjusted Price-to-FCF for today is 15.16.

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

FRA:YAAA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.57   Med: 33.23   Max: 77.03
Current: 15.32

During the past years, Canadian Tire's highest Cyclically Adjusted Price-to-FCF was 77.03. The lowest was 13.57. And the median was 33.23.

FRA:YAAA's Cyclically Adjusted Price-to-FCF is ranked worse than
56.55% of 435 companies
in the Retail - Cyclical industry
Industry Median: 13 vs FRA:YAAA: 15.32

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.

Canadian Tire's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.414. 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 €6.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canadian Tire Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Canadian Tire'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.

Canadian Tire Cyclically Adjusted Price-to-FCF Chart

Canadian Tire 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 24.72 19.96 20.58 17.24 15.41

Canadian Tire 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 23.24 21.20 17.76 15.41 14.34

Competitive Comparison of Canadian Tire's Cyclically Adjusted Price-to-FCF

For the Specialty Retail subindustry, Canadian Tire'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.


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

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

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



Canadian Tire 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=97.15/6.41
=15.16

* 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.

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

For example, Canadian Tire'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)
=0.414/125.4675*125.4675
=0.414

Current CPI (Mar. 2024) = 125.4675.

Canadian Tire Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.544 99.473 1.947
201409 -3.663 99.394 -4.624
201412 2.327 98.367 2.968
201503 -2.897 99.789 -3.642
201506 4.099 100.500 5.117
201509 -1.623 100.421 -2.028
201512 3.771 99.947 4.734
201603 -4.200 101.054 -5.215
201606 1.173 102.002 1.443
201609 -0.491 101.765 -0.605
201612 5.880 101.449 7.272
201703 -3.406 102.634 -4.164
201706 2.560 103.029 3.118
201709 -1.255 103.345 -1.524
201712 5.352 103.345 6.498
201803 -3.963 105.004 -4.735
201806 2.482 105.557 2.950
201809 -2.044 105.636 -2.428
201812 6.493 105.399 7.729
201903 -6.512 106.979 -7.637
201906 4.537 107.690 5.286
201909 -2.775 107.611 -3.235
201912 10.142 107.769 11.808
202003 -2.865 107.927 -3.331
202006 13.796 108.401 15.968
202009 3.965 108.164 4.599
202012 6.499 108.559 7.511
202103 -5.235 110.298 -5.955
202106 9.262 111.720 10.402
202109 -1.300 112.905 -1.445
202112 8.139 113.774 8.976
202203 -8.971 117.646 -9.567
202206 4.548 120.806 4.723
202209 -7.679 120.648 -7.986
202212 8.496 120.964 8.812
202303 -5.232 122.702 -5.350
202306 9.146 124.203 9.239
202309 -2.696 125.230 -2.701
202312 7.324 125.468 7.324
202403 0.414 125.468 0.414

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.


Canadian Tire  (FRA:YAAA) 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.


Canadian Tire Cyclically Adjusted Price-to-FCF Related Terms

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


Canadian Tire (FRA:YAAA) Business Description

Traded in Other Exchanges
Address
2180 Yonge Street, P.O. Box 770, Toronto, ON, CAN, M4P 2V8
Canadian Tire sells home goods, sporting equipment, apparel, footwear, automotive parts and accessories, and vehicle fuel through a roughly 1,700-store network of company, dealer, and franchisee-operated locations across Canada. Aside from the namesake banner, stores operate primarily under the Mark's, SportChek, Party City, Atmosphere, and PartSource monikers. Additionally, the company owns Helly Hansen, a Norwegian sportswear and workwear brand, and also operates and holds majority ownership of a financing arm (Canadian Tire Financial Services; 20% owned by Scotiabank) and a REIT (CT REIT; Canadian Tire owns about 70%).

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