GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Dixons Retail PLC (LSE:DXNS) » Definitions » Cyclically Adjusted Price-to-FCF

Dixons Retail (LSE:DXNS) Cyclically Adjusted Price-to-FCF : (As of Jun. 21, 2024)


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

What is Dixons Retail Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dixons Retail Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dixons Retail'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.

Dixons Retail Cyclically Adjusted Price-to-FCF Chart

Dixons Retail Annual Data
Trend Apr05 Apr06 Apr07 May08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Dixons Retail Semi-Annual Data
Oct07 Oct08 Apr09 Oct09 Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14
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 - - - - -

Competitive Comparison of Dixons Retail's Cyclically Adjusted Price-to-FCF

For the Specialty Retail subindustry, Dixons Retail'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.


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

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

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



Dixons Retail 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.

Dixons Retail's Cyclically Adjusted FCF per Share for the fiscal year that ended in Apr14 is calculated as:

For example, Dixons Retail's adjusted Free Cash Flow per Share data for the fiscal year that ended in Apr14 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr14 (Change)*Current CPI (Apr14)
=0.06/99.6000*99.6000
=0.060

Current CPI (Apr14) = 99.6000.

Dixons Retail Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200504 0.091 79.100 0.115
200604 0.063 80.900 0.078
200704 0.024 83.100 0.029
200805 0.003 86.100 0.003
200904 -0.224 87.500 -0.255
201004 -0.021 89.900 -0.023
201104 -0.006 93.300 -0.006
201204 0.024 95.900 0.025
201304 0.080 98.000 0.081
201404 0.060 99.600 0.060

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.


Dixons Retail  (LSE:DXNS) 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.


Dixons Retail Cyclically Adjusted Price-to-FCF Related Terms

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


Dixons Retail (LSE:DXNS) Business Description

Traded in Other Exchanges
N/A
Address
Dixons Retail PLC is an electrical retailer and service company which sell consumer electronics, personal computers, domestic appliances, photographic equipment, communication products and related services. The Group's reportable segments are; UK & Ireland comprises of electrical and computing retail chains as well as business to business activities. The division is engaged in multi-channel retail sales, associated peripherals and services and related financial and after sales services and also in business to business sales of computer hardware and software; Nordics operates in Norway, Sweden, Finland, Denmark, Iceland, Greenland and the Faroe Islands. The division engages in multi-channel retail sales and provided related product support services to its customers; Other International comprises operations in Italy, Greece, the Czech Republic, Slovakia, Turkey and the business to be closed in Spain which is excluded from underlying results. The Other International division engages in retail sales and provides related product support services to its customers in all of its markets; and Pure play e-commerce comprises pure play online retailers and operates in all of the countries in which the other divisions operate and across Europe.

Dixons Retail (LSE:DXNS) Headlines

No Headlines