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Zalando SE (LTS:0QXN) Cyclically Adjusted Price-to-FCF : 46.42 (As of May. 14, 2024)


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What is Zalando SE Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Zalando SE's current share price is €24.605. Zalando SE's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.53. Zalando SE's Cyclically Adjusted Price-to-FCF for today is 46.42.

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

LTS:0QXN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.2   Med: 97.51   Max: 290.82
Current: 47.08

During the past years, Zalando SE's highest Cyclically Adjusted Price-to-FCF was 290.82. The lowest was 29.20. And the median was 97.51.

LTS:0QXN's Cyclically Adjusted Price-to-FCF is ranked worse than
87.16% of 436 companies
in the Retail - Cyclical industry
Industry Median: 13.01 vs LTS:0QXN: 47.08

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.

Zalando SE's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.544. 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 €0.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zalando SE Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zalando SE'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.

Zalando SE Cyclically Adjusted Price-to-FCF Chart

Zalando SE 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 - - - 94.77 38.55

Zalando SE 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 146.77 67.45 64.57 38.55 50.39

Competitive Comparison of Zalando SE's Cyclically Adjusted Price-to-FCF

For the Internet Retail subindustry, Zalando SE'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.


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

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

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



Zalando SE 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.

Zalando SE's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=24.605/0.53
=46.42

* 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.

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

For example, Zalando SE'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)
=-0.544/123.6675*123.6675
=-0.544

Current CPI (Mar. 2024) = 123.6675.

Zalando SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.051 99.543 0.063
201409 0.363 99.823 0.450
201412 0.279 99.543 0.347
201503 -0.077 99.717 -0.095
201506 0.095 100.417 0.117
201509 -0.006 100.417 -0.007
201512 0.221 99.717 0.274
201603 -0.143 100.017 -0.177
201606 0.441 100.717 0.541
201609 0.061 101.017 0.075
201612 -0.003 101.217 -0.004
201703 -0.371 101.417 -0.452
201706 0.104 102.117 0.126
201709 0.178 102.717 0.214
201712 -0.122 102.617 -0.147
201803 -0.471 102.917 -0.566
201806 0.053 104.017 0.063
201809 -0.352 104.718 -0.416
201812 0.400 104.217 0.475
201903 -0.401 104.217 -0.476
201906 0.347 105.718 0.406
201909 -0.326 106.018 -0.380
201912 0.394 105.818 0.460
202003 -1.250 105.718 -1.462
202006 1.320 106.618 1.531
202009 0.679 105.818 0.794
202012 0.245 105.518 0.287
202103 -0.579 107.518 -0.666
202106 1.121 108.486 1.278
202109 -0.875 109.435 -0.989
202112 1.382 110.384 1.548
202203 -2.066 113.968 -2.242
202206 0.239 115.760 0.255
202209 0.255 118.818 0.265
202212 1.935 119.345 2.005
202303 -0.796 122.402 -0.804
202306 1.269 123.140 1.274
202309 -0.554 124.195 -0.552
202312 2.387 123.668 2.387
202403 -0.544 123.668 -0.544

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.


Zalando SE  (LTS:0QXN) 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.


Zalando SE Cyclically Adjusted Price-to-FCF Related Terms

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


Zalando SE (LTS:0QXN) Business Description

Industry
Address
Valeska-Gert-Strabe 5, Berlin, DEU, 10243
Zalando, founded in 2008, is Europe's biggest pure-play online fashion platform. Zalando is present in 25 European countries, and its major market is the DACH region, comprising Germany, Austria, and Switzerland, which accounts for around 40% of revenue. The company commands 4% of European apparel sales and 12% market share in European online apparel sales. It has 12 fulfilment centers and presents over 7,000 brands on its platform. In 2022, Zalando had over 50 million active users (more than 10% of the population in countries where the firm has a presence) and over 7 billion site visits.

Zalando SE (LTS:0QXN) Headlines

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