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Pandora A/S (OCSE:PNDORA) Cyclically Adjusted Price-to-FCF : 21.95 (As of May. 22, 2024)


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What is Pandora A/S Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Pandora A/S's current share price is kr1148.00. Pandora A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr52.30. Pandora A/S's Cyclically Adjusted Price-to-FCF for today is 21.95.

The historical rank and industry rank for Pandora A/S's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

OCSE:PNDORA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.62   Med: 13.69   Max: 24.93
Current: 22.36

During the past years, Pandora A/S's highest Cyclically Adjusted Price-to-FCF was 24.93. The lowest was 6.62. And the median was 13.69.

OCSE:PNDORA's Cyclically Adjusted Price-to-FCF is ranked worse than
71.39% of 423 companies
in the Retail - Cyclical industry
Industry Median: 12.95 vs OCSE:PNDORA: 22.36

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.

Pandora A/S's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr-1.308. 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 kr52.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pandora A/S Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pandora A/S'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.

Pandora A/S Cyclically Adjusted Price-to-FCF Chart

Pandora A/S 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 9.45 19.14 19.88 10.36 17.73

Pandora A/S 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 14.01 12.73 15.01 17.73 21.31

Competitive Comparison of Pandora A/S's Cyclically Adjusted Price-to-FCF

For the Luxury Goods subindustry, Pandora A/S'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.


Pandora A/S's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Pandora A/S's Cyclically Adjusted Price-to-FCF falls into.



Pandora A/S 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.

Pandora A/S's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1148.00/52.3
=21.95

* 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.

Pandora A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Pandora A/S'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)
=-1.308/118.4000*118.4000
=-1.308

Current CPI (Mar. 2024) = 118.4000.

Pandora A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 4.411 99.700 5.238
201409 4.608 99.700 5.472
201412 13.636 99.400 16.242
201503 8.070 100.200 9.536
201506 -2.736 100.300 -3.230
201509 2.129 100.200 2.516
201512 12.208 99.800 14.483
201603 11.775 100.200 13.914
201606 5.018 100.600 5.906
201609 5.121 100.200 6.051
201612 24.997 100.300 29.508
201703 10.518 101.200 12.306
201706 4.958 101.200 5.801
201709 5.772 101.800 6.713
201712 26.406 101.300 30.863
201803 3.968 101.700 4.620
201806 10.474 102.300 12.122
201809 9.733 102.400 11.254
201812 27.923 102.100 32.381
201903 5.739 102.900 6.603
201906 13.814 102.900 15.895
201909 9.456 102.900 10.880
201912 31.265 102.900 35.974
202003 -0.788 103.300 -0.903
202006 11.688 103.200 13.409
202009 6.549 103.500 7.492
202012 38.685 103.400 44.297
202103 -4.274 104.300 -4.852
202106 14.680 105.000 16.553
202109 7.136 105.800 7.986
202112 39.192 106.600 43.530
202203 -13.327 109.900 -14.358
202206 6.873 113.600 7.163
202209 2.210 116.400 2.248
202212 39.518 115.900 40.370
202303 -5.422 117.300 -5.473
202306 15.213 116.400 15.474
202309 7.948 117.400 8.016
202312 51.564 116.700 52.315
202403 -1.308 118.400 -1.308

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.


Pandora A/S  (OCSE:PNDORA) 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.


Pandora A/S Cyclically Adjusted Price-to-FCF Related Terms

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


Pandora A/S (OCSE:PNDORA) Business Description

Traded in Other Exchanges
Address
Havneholmen 17-19, Copenhagen, DNK, DK-1561
Pandora is a premium jewelry brand and the market leader in the charm bracelet category. The company was established in the 1980s in Denmark and since then has expanded globally. Pandora has over 2,500 concept stores globally (1,600 owned and operated, and the remainder run by its franchise partners) as well as multibrand locations and stores-in-stores. Pandora owned retail accounts for 51% of sales, own online channels for 21% and wholesale for the remainder. Charms and bracelets account for almost three fourths of its sales. The firm produces mostly internally in two jewelry-crafting facilities in Thailand.

Pandora A/S (OCSE:PNDORA) Headlines

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