GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » DFS Furniture PLC (LSE:DFS) » Definitions » Cyclically Adjusted Price-to-FCF

DFS Furniture (LSE:DFS) Cyclically Adjusted Price-to-FCF : 2.83 (As of May. 25, 2024)


View and export this data going back to 2015. Start your Free Trial

What is DFS Furniture Cyclically Adjusted Price-to-FCF?

As of today (2024-05-25), DFS Furniture's current share price is £1.13. DFS Furniture's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was £0.40. DFS Furniture's Cyclically Adjusted Price-to-FCF for today is 2.83.

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

LSE:DFS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.51   Med: 3.72   Max: 8.38
Current: 2.89

During the past 12 years, DFS Furniture's highest Cyclically Adjusted Price-to-FCF was 8.38. The lowest was 2.51. And the median was 3.72.

LSE:DFS's Cyclically Adjusted Price-to-FCF is ranked better than
97.24% of 181 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 18.43 vs LSE:DFS: 2.89

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.

DFS Furniture's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was £0.366. 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 £0.40 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


DFS Furniture Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for DFS Furniture'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.

DFS Furniture Cyclically Adjusted Price-to-FCF Chart

DFS Furniture Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 8.15 4.16 2.68

DFS Furniture Semi-Annual Data
Jul13 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 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 - 4.16 - 2.68 -

Competitive Comparison of DFS Furniture's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, DFS Furniture'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.


DFS Furniture's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, DFS Furniture's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



DFS Furniture 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.13/0.4
=2.83

* 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.

DFS Furniture's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, DFS Furniture's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.366/129.4000*129.4000
=0.366

Current CPI (Jun23) = 129.4000.

DFS Furniture Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 0.281 99.600 0.365
201507 0.455 100.000 0.589
201607 0.327 100.900 0.419
201707 0.219 103.500 0.274
201807 0.214 105.900 0.261
201906 0.085 107.900 0.102
202006 0.147 108.800 0.175
202106 0.963 111.400 1.119
202206 0.334 120.500 0.359
202306 0.366 129.400 0.366

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.


DFS Furniture  (LSE:DFS) 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.


DFS Furniture Cyclically Adjusted Price-to-FCF Related Terms

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


DFS Furniture (LSE:DFS) Business Description

Traded in Other Exchanges
Address
Adwick-le-Street, 1 Rockingham Way, Redhouse Interchange, Doncaster, South Yorkshire, GBR, DN6 7NA
DFS Furniture PLC is an upholstery retailer in the United Kingdom. It is engaged in designing, manufacturing, selling, delivering and installing a range of sofas, and other upholstered and furniture products. The company's segment includes DFS; Sofology and others. It generates maximum revenue from the DFS segment. DFS segment includes the retailing of upholstered furniture and related products through DFS and Dwell branded stores and websites.