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Culp (CULP) Cyclically Adjusted FCF per Share : $0.84 (As of Jan. 2024)


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What is Culp Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Culp's adjusted free cash flow per share for the three months ended in Jan. 2024 was $-0.222. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.84 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Culp's average Cyclically Adjusted FCF Growth Rate was -16.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -4.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 2.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Culp was 339.70% per year. The lowest was -18.80% per year. And the median was 1.75% per year.

As of today (2024-04-27), Culp's current stock price is $4.60. Culp's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $0.84. Culp's Cyclically Adjusted Price-to-FCF of today is 5.48.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Culp was 34.54. The lowest was 3.59. And the median was 17.48.


Culp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Culp's Cyclically Adjusted FCF per Share 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.

Culp Cyclically Adjusted FCF per Share Chart

Culp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 1.09 1.19 1.03 0.99

Culp Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted FCF per Share 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 1.01 0.99 0.94 0.87 0.84

Competitive Comparison of Culp's Cyclically Adjusted FCF per Share

For the Textile Manufacturing subindustry, Culp'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.


Culp's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Culp's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Culp Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Culp's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.222/129.4194*129.4194
=-0.222

Current CPI (Jan. 2024) = 129.4194.

Culp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.532 100.023 0.688
201407 0.139 100.520 0.179
201410 0.624 100.176 0.806
201501 0.247 98.604 0.324
201504 0.252 99.824 0.327
201507 -0.183 100.691 -0.235
201510 0.659 100.346 0.850
201601 0.179 99.957 0.232
201604 0.701 100.947 0.899
201607 0.246 101.524 0.314
201610 0.614 101.988 0.779
201701 0.376 102.456 0.475
201704 0.539 103.167 0.676
201707 0.011 103.278 0.014
201710 0.402 104.070 0.500
201801 0.773 104.578 0.957
201804 0.368 105.708 0.451
201807 -0.214 106.324 -0.260
201810 0.573 106.695 0.695
201901 0.050 106.200 0.061
201904 0.442 107.818 0.531
201907 0.088 108.250 0.105
201910 0.383 108.577 0.457
202001 -0.840 108.841 -0.999
202004 0.405 108.173 0.485
202007 0.820 109.318 0.971
202010 0.859 109.861 1.012
202101 -0.269 110.364 -0.315
202104 -0.203 112.673 -0.233
202107 -0.031 115.183 -0.035
202110 -0.394 116.696 -0.437
202201 -1.018 118.619 -1.111
202204 -0.448 121.978 -0.475
202207 0.376 125.002 0.389
202210 0.042 125.734 0.043
202301 -0.174 126.223 -0.178
202304 0.220 127.992 0.222
202307 -0.401 128.974 -0.402
202310 -0.120 129.810 -0.120
202401 -0.222 129.419 -0.222

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Culp  (NYSE:CULP) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Culp's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.60/0.84
=5.48

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Culp was 34.54. The lowest was 3.59. And the median was 17.48.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Culp Cyclically Adjusted FCF per Share Related Terms

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


Culp (CULP) Business Description

Traded in Other Exchanges
Address
1823 Eastchester Drive, High Point, NC, USA, 27265
Culp Inc manufactures, sources, and markets mattress fabrics and sewn covers used for covering mattresses and box springs and upholstery fabrics including cut and sewn kits used in the production of upholstered furniture. The company has two operating segments Mattress fabrics and Upholstery fabrics. The mattress fabrics segment, also known as Culp Home Fashions, manufactures and markets mattress fabrics and mattress covers to bedding manufacturers. The upholstery fabrics segment markets fabrics for residential and commercial furniture, including jacquard woven fabrics, velvets, micro denier suedes, woven dobbies, knitted fabrics, piece-dyed woven products, and polyurethane leather look fabrics.
Executives
Jonathan Lee Kelly director 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Kimberly Bullock Gatling director 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Thomas Bruno officer: President, Culp Home Fashions 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
John Allen Baugh director 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Gallagher Thomas Bernard Jr officer: Chief Accounting Officer 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Perry E Davis director NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Fred A Jackson director C/O FUDDICK CORP, 301 S TRYON ST STE 1800, CHARLOTTE NC 28202
Teresa Atkins Huffman officer: Senior VP, Human Resources 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Sharon A Decker director 4100 COCA COLA PLAZA, CHARLOTTE NC 28211
Franklin N Saxon director, officer: President and COO 8508 MAHALA DR, HIGH POINT NC 27265
Culp Robert George Iv officer: President, CHF division 101 SOUTH MAIN STREET, HIGH POINT NC 27260
Kenneth W Mcallister director 220 CASCADE DR, HIGH POINT NC 27265
Ashley Carter Durbin officer: VP, General Counsel, Secretary 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Cassandra J Brown officer: President, Culp Home Fashions 7209 HWY 158, STOKESDALE NC 27357
Culp Robert G Iii director, 10 percent owner, officer: Chairman and CEO 903 FORREST HILL DR, HIGH POINT NC 27262

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