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Salvatore Ferragamo SpA (MIL:SFER) Cyclically Adjusted Price-to-FCF : (As of May. 20, 2024)


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What is Salvatore Ferragamo SpA Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Salvatore Ferragamo SpA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Salvatore Ferragamo SpA'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.

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Salvatore Ferragamo SpA Cyclically Adjusted Price-to-FCF Chart

Salvatore Ferragamo SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 28.63 25.49 28.25 16.84

Salvatore Ferragamo SpA Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
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 20.51 16.27 15.40 16.84 -

Competitive Comparison of Salvatore Ferragamo SpA's Cyclically Adjusted Price-to-FCF

For the Luxury Goods subindustry, Salvatore Ferragamo SpA'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.


Salvatore Ferragamo SpA's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Salvatore Ferragamo SpA's Cyclically Adjusted Price-to-FCF falls into.



Salvatore Ferragamo SpA 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.

Salvatore Ferragamo SpA's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Salvatore Ferragamo SpA's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0/119.7000*119.7000
=0.000

Current CPI (Jun. 2023) = 119.7000.

Salvatore Ferragamo SpA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 -0.035 99.814 -0.042
201309 0.283 100.000 0.339
201312 -0.010 99.721 -0.012
201403 0.036 99.907 0.043
201406 -0.100 100.093 -0.120
201409 0.372 99.814 0.446
201412 0.042 99.721 0.050
201503 0.191 99.814 0.229
201506 -0.003 100.279 -0.004
201509 0.332 100.000 0.397
201512 0.176 99.814 0.211
201603 0.184 99.600 0.221
201606 -0.087 99.900 -0.104
201609 0.330 100.100 0.395
201612 0.126 100.300 0.150
201703 0.364 101.000 0.431
201706 0.255 101.100 0.302
201709 0.394 101.200 0.466
201712 0.186 101.200 0.220
201803 0.091 101.800 0.107
201806 0.158 102.400 0.185
201809 0.217 102.600 0.253
201812 0.187 102.300 0.219
201903 0.224 102.800 0.261
201906 0.330 103.100 0.383
201909 0.268 102.900 0.312
201912 0.284 102.800 0.331
202003 -0.138 102.900 -0.161
202006 -0.136 102.900 -0.158
202009 0.220 102.300 0.257
202012 0.401 102.600 0.468
202103 0.325 103.700 0.375
202106 0.367 104.200 0.422
202109 0.512 104.900 0.584
202112 0.764 106.600 0.858
202203 0.194 110.400 0.210
202206 0.334 112.500 0.355
202209 0.495 114.200 0.519
202212 0.248 119.000 0.249
202306 0.000 119.700 0.000

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.


Salvatore Ferragamo SpA  (MIL:SFER) 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.


Salvatore Ferragamo SpA Cyclically Adjusted Price-to-FCF Related Terms

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Salvatore Ferragamo SpA (MIL:SFER) Business Description

Traded in Other Exchanges
Address
Via dei Tornabuoni 2, Firenze, ITA, 50123
Founded in 1927, Salvatore Ferragamo is an Italian monobrand company mainly known for its footwear and accessories. The company generates about 44% of revenue in the fragmented footwear category, 41% in leather goods, 7% in apparel, and 6% in accessories. It was one of the pioneers in establishing a presence in Asia, where it generates 33% of sales and other emerging markets (6% of sales in Central and South America). Ferragamo generates 21% of revenue in Europe, 31% in the U.S., and 8% in Japan.

Salvatore Ferragamo SpA (MIL:SFER) Headlines

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