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Hermes International (Hermes International) Cyclically Adjusted Price-to-FCF : 99.80 (As of Apr. 30, 2024)


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What is Hermes International Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Hermes International's current share price is $246.50. Hermes International's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $2.47. Hermes International's Cyclically Adjusted Price-to-FCF for today is 99.80.

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

HESAY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 57.22   Med: 80.99   Max: 151.9
Current: 105.63

During the past 13 years, Hermes International's highest Cyclically Adjusted Price-to-FCF was 151.90. The lowest was 57.22. And the median was 80.99.

HESAY's Cyclically Adjusted Price-to-FCF is ranked worse than
94.04% of 436 companies
in the Retail - Cyclical industry
Industry Median: 13.07 vs HESAY: 105.63

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.

Hermes International's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $4.502. 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 $2.47 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hermes International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hermes International'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.

Hermes International Cyclically Adjusted Price-to-FCF Chart

Hermes International 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 66.53 79.76 109.73 79.20 86.24

Hermes International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 109.73 - 79.20 - 86.24

Competitive Comparison of Hermes International's Cyclically Adjusted Price-to-FCF

For the Luxury Goods subindustry, Hermes International'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.


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

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

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



Hermes International 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=246.50/2.47
=99.80

* 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.

Hermes International's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Hermes International's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=4.502/118.2300*118.2300
=4.502

Current CPI (Dec23) = 118.2300.

Hermes International Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.809 99.860 0.958
201512 0.967 100.040 1.143
201612 1.216 100.650 1.428
201712 1.508 101.850 1.751
201812 1.766 103.470 2.018
201912 2.208 104.980 2.487
202012 1.904 104.960 2.145
202112 3.665 107.850 4.018
202212 4.224 114.160 4.375
202312 4.502 118.230 4.502

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.


Hermes International  (OTCPK:HESAY) 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.


Hermes International Cyclically Adjusted Price-to-FCF Related Terms

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


Hermes International (Hermes International) Business Description

Traded in Other Exchanges
Address
24 rue du Faubourg Saint Honore, Paris, FRA, 75008
Hermes is a 180-year-old family controlled luxury goods company best known for its Birkin and Kelly bags. Its biggest segments are leather goods and saddlery, accounting for around half of revenue; clothes and accessories (25% of sales); silk and textiles (7%); and other products such as perfumes, watches, jewellery, and home furnishings. Hermes has around 300 stores globally, of which it owns and operates 221.

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