GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Salvatore Ferragamo SpA (OTCPK:SFRGY) » Definitions » Cyclically Adjusted Price-to-FCF

Salvatore Ferragamo SpA (Salvatore Ferragamo SpA) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


View and export this data going back to 2013. Start your Free Trial

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.

* Premium members only.

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 -0.023 99.814 -0.028
201309 0.189 100.000 0.226
201312 -0.007 99.721 -0.008
201403 0.025 99.907 0.030
201406 -0.068 100.093 -0.081
201409 0.239 99.814 0.287
201412 0.026 99.721 0.031
201503 0.103 99.814 0.124
201506 -0.002 100.279 -0.002
201509 0.187 100.000 0.224
201512 0.096 99.814 0.115
201603 0.103 99.600 0.124
201606 -0.049 99.900 -0.059
201609 0.185 100.100 0.221
201612 0.066 100.300 0.079
201703 0.195 101.000 0.231
201706 0.143 101.100 0.169
201709 0.235 101.200 0.278
201712 0.110 101.200 0.130
201803 0.056 101.800 0.066
201806 0.092 102.400 0.108
201809 0.126 102.600 0.147
201812 0.106 102.300 0.124
201903 0.126 102.800 0.147
201906 0.187 103.100 0.217
201909 0.148 102.900 0.172
201912 0.158 102.800 0.184
202003 -0.076 102.900 -0.088
202006 -0.077 102.900 -0.090
202009 0.130 102.300 0.152
202012 0.244 102.600 0.285
202103 0.193 103.700 0.223
202106 0.221 104.200 0.254
202109 0.301 104.900 0.343
202112 0.432 106.600 0.485
202203 0.107 110.400 0.116
202206 0.176 112.500 0.187
202209 0.245 114.200 0.257
202212 0.131 119.000 0.132
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  (OTCPK:SFRGY) 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

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


Salvatore Ferragamo SpA (Salvatore Ferragamo SpA) 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 (Salvatore Ferragamo SpA) Headlines

From GuruFocus

Watch Ferragamo for Italian Woes

By Holmes Osborne, CFA Holmes Osborne, CFA 12-07-2016