GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sears Canada Inc (OTCPK:SRSCQ) » Definitions » Cyclically Adjusted FCF per Share

Sears Canada (Sears Canada) Cyclically Adjusted FCF per Share : $0.00 (As of Apr. 2017)


View and export this data going back to 2010. Start your Free Trial

What is Sears Canada 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.

Sears Canada's adjusted free cash flow per share for the three months ended in Apr. 2017 was $-1.806. 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 $0.00 for the trailing ten years ended in Apr. 2017.

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.

As of today (2024-05-15), Sears Canada's current stock price is $0.001. Sears Canada's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2017 was $0.00. Sears Canada's Cyclically Adjusted Price-to-FCF of today is .


Sears Canada Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sears Canada'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.

Sears Canada Cyclically Adjusted FCF per Share Chart

Sears Canada Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Sears Canada Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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 - - - - -

Competitive Comparison of Sears Canada's Cyclically Adjusted FCF per Share

For the Department Stores subindustry, Sears Canada'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.


Sears Canada's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Sears Canada 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, Sears Canada's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2017 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2017 (Change)*Current CPI (Apr. 2017)
=-1.806/103.0287*103.0287
=-1.806

Current CPI (Apr. 2017) = 103.0287.

Sears Canada Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200703 -2.610 87.780 -3.063
200706 1.694 88.412 1.974
200709 0.347 88.412 0.404
200804 -1.245 89.676 -1.430
200807 0.133 91.493 0.150
200810 0.194 90.466 0.221
200901 1.253 89.281 1.446
200904 -0.722 89.992 -0.827
200907 0.177 90.624 0.201
200910 1.931 90.545 2.197
201001 2.536 90.940 2.873
201004 -0.973 91.651 -1.094
201007 0.046 92.283 0.051
201010 -0.259 92.757 -0.288
201101 1.319 93.074 1.460
201104 -1.280 94.654 -1.393
201107 0.139 94.812 0.151
201110 -0.065 95.444 -0.070
201201 1.174 95.365 1.268
201204 -0.970 96.550 -1.035
201207 -0.217 95.997 -0.233
201210 -1.089 96.550 -1.162
201301 0.739 95.839 0.794
201304 -1.217 96.945 -1.293
201307 0.193 97.261 0.204
201310 -0.738 97.182 -0.782
201401 0.782 97.261 0.828
201404 -2.133 98.920 -2.222
201407 -0.317 99.315 -0.329
201410 -0.604 99.473 -0.626
201501 0.194 98.209 0.204
201504 -1.124 99.710 -1.161
201507 -0.285 100.579 -0.292
201510 -0.996 100.500 -1.021
201601 0.445 100.184 0.458
201604 -1.113 101.370 -1.131
201607 -0.366 101.844 -0.370
201610 -1.222 102.002 -1.234
201701 -0.073 102.318 -0.074
201704 -1.806 103.029 -1.806

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


Sears Canada  (OTCPK:SRSCQ) 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.


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.


Sears Canada Cyclically Adjusted FCF per Share Related Terms

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


Sears Canada (Sears Canada) Business Description

Traded in Other Exchanges
N/A
Address
290 Yonge Street, Suite 700, Toronto, ON, CAN, M5B 2C3
Sears Canada Inc is in the sale of goods and services through the Company's Retail channels. It comprised of one reportable segment, Merchandising. Which includes its full-line department, Sears Home, Hometown, Outlet, Corbeil Electrique Inc. stores, and its Direct (catalog/internet) channel. It also includes service revenue related primarily to logistics services provided through the Company. Commission revenue includes travel, home improvement services, insurance, wireless and long-distance plans. Licensee fee revenue is comprised of payments received from licensees that operate within the Company stores.

Sears Canada (Sears Canada) Headlines

From GuruFocus

Fairholme Fund Increases Stakes During 1Q2015

By Amber Harris Amber Harris 04-29-2015

Edward Lampert's Recent Buys

By Tiziano Frateschi Tiziano Frateschi 03-19-2015

Bruce Berkowitz Comments on Sears Canada

By Holly LaFon Holly LaFon 08-08-2017

Bruce Berkowitz Comments on Sears Canada

By Holly LaFon Holly LaFon 07-11-2017

Bruce Berkowitz Increases 2 Holdings, Reduces AIG in Q2

By Holly LaFon Holly LaFon 07-31-2015

Berkowitz's Fairholme Fund Adds Stake In Struggling Sears Canada

By J. Lukas Neely – EndlessRise J. Lukas Neely 11-11-2014