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Deckers Outdoor (Deckers Outdoor) Cyclically Adjusted FCF per Share : $13.26 (As of Dec. 2023)


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What is Deckers Outdoor 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.

Deckers Outdoor's adjusted free cash flow per share for the three months ended in Dec. 2023 was $35.787. 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 $13.26 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Deckers Outdoor's average Cyclically Adjusted FCF Growth Rate was 37.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 24.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 21.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 17.90% 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 Deckers Outdoor was 41.40% per year. The lowest was 5.50% per year. And the median was 21.50% per year.

As of today (2024-04-28), Deckers Outdoor's current stock price is $833.46. Deckers Outdoor's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $13.26. Deckers Outdoor's Cyclically Adjusted Price-to-FCF of today is 62.86.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Deckers Outdoor was 82.55. The lowest was 16.53. And the median was 36.33.


Deckers Outdoor Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Deckers Outdoor'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.

Deckers Outdoor Cyclically Adjusted FCF per Share Chart

Deckers Outdoor Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.76 5.18 7.04 8.12 9.92

Deckers Outdoor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 9.64 9.92 10.51 11.18 13.26

Competitive Comparison of Deckers Outdoor's Cyclically Adjusted FCF per Share

For the Footwear & Accessories subindustry, Deckers Outdoor'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.


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

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

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



Deckers Outdoor 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, Deckers Outdoor's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=35.787/129.4194*129.4194
=35.787

Current CPI (Dec. 2023) = 129.4194.

Deckers Outdoor Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.874 99.695 1.135
201406 -2.417 100.560 -3.111
201409 -6.399 100.428 -8.246
201412 12.163 99.070 15.889
201503 -1.391 99.621 -1.807
201506 -1.524 100.684 -1.959
201509 -9.736 100.392 -12.551
201512 14.005 99.792 18.163
201603 -1.085 100.470 -1.398
201606 -1.981 101.688 -2.521
201609 -7.918 101.861 -10.060
201612 13.975 101.863 17.756
201703 0.727 102.862 0.915
201706 -0.350 103.349 -0.438
201709 -5.632 104.136 -6.999
201712 13.253 104.011 16.491
201803 1.936 105.290 2.380
201806 0.026 106.317 0.032
201809 -5.848 106.507 -7.106
201812 14.720 105.998 17.973
201903 2.464 107.251 2.973
201906 -1.857 108.070 -2.224
201909 -6.169 108.329 -7.370
201912 15.794 108.420 18.853
202003 1.373 108.902 1.632
202006 0.426 108.767 0.507
202009 -1.454 109.815 -1.714
202012 18.664 109.897 21.980
202103 2.212 111.754 2.562
202106 -1.848 114.631 -2.086
202109 -5.289 115.734 -5.914
202112 13.934 117.630 15.331
202203 -2.358 121.301 -2.516
202206 -1.536 125.017 -1.590
202209 -8.234 125.227 -8.510
202212 25.687 125.222 26.548
202303 1.303 127.348 1.324
202306 3.591 128.729 3.610
202309 -1.163 129.860 -1.159
202312 35.787 129.419 35.787

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


Deckers Outdoor  (NYSE:DECK) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=833.46/13.26
=62.86

* 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 Deckers Outdoor was 82.55. The lowest was 16.53. And the median was 36.33.


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.


Deckers Outdoor Cyclically Adjusted FCF per Share Related Terms

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


Deckers Outdoor (Deckers Outdoor) Business Description

Traded in Other Exchanges
Address
250 Coromar Drive, Goleta, CA, USA, 93117
Deckers Outdoor Corp designs and sells casual and performance footwear, apparel, and accessories. Primary brands include UGG, Teva, and Sanuk. The company distributes Most of its products through its wholesale business, but it also has a substantial direct-to-consumer business with its company-owned retail stores and websites. Most sales are in the United States, although the company also has retail stores and distributors throughout Europe, Asia, Canada, and Latin America. Deckers sources its products from independent manufacturers primarily in Asia.
Executives
David Powers officer: President, Direct to Consumer 495-A SOUTH FAIRVIEW AVE, GOLETA CA 93117
Caroti Stefano officer: President of Omni Channel 250 COROMAR DRIVE, GOLETA CA 93117
Devine Michael F Iii director COACH, 516 W 34TH STREET, NEW YORK NY 1001
Thomas Garcia officer: SVP, General Counsel 250 COROMAR DRIVE, GOLETA CA 93117
Steven J. Fasching officer: Chief Financial Officer 250 COROMAR DRIVE, GOLETA CA 93117
Angela Ogbechie officer: Chief Supply Chain Officer 250 COROMAR DRIVE, GOLETA CA 93117
Lauri M Shanahan director C/O THE GAP, INC., TWO FOLSOM STREET, SAN FRANCISCO CA 94105-1205
Bonita C. Stewart director 250 COROMAR DRIVE, GOLETA CA 93117
Anne Spangenberg officer: President, Fashion Lifestyle 250 COROMAR DRIVE, GOLETA CA 93117
David E. Lafitte officer: COO 250 COROMAR DRIVE, GOLETA CA 93117
Wendy W Yang officer: President, PLG 250 COROMAR DRIVE, GOLETA CA 93117
David A Burwick director 32 AUTUMN LANE, NEW CANAAN CT 06840
Maha Saleh Ibrahim director 2765 SAND HILL ROAD, MENLO PARK CA 94025
Andrea O'donnell officer: President, Fashion Lifestyle 250 COROMAR DRIVE, GOLETA CA 93117
Victor Luis director 10 HUDSON YARDS, NEW YORK NY 10001