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Interface (Interface) Cyclically Adjusted FCF per Share : $1.17 (As of Dec. 2023)


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What is Interface 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.

Interface's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.323. 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 $1.17 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Interface's average Cyclically Adjusted FCF Growth Rate was 30.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 22.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 17.20% 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 Interface was 55.70% per year. The lowest was -30.70% per year. And the median was 9.80% per year.

As of today (2024-04-27), Interface's current stock price is $15.61. Interface's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.17. Interface's Cyclically Adjusted Price-to-FCF of today is 13.34.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Interface was 101.89. The lowest was 6.92. And the median was 34.45.


Interface Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Interface'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.

Interface Cyclically Adjusted FCF per Share Chart

Interface Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.64 0.81 0.90 1.17

Interface 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 0.90 1.00 1.07 1.14 1.17

Competitive Comparison of Interface's Cyclically Adjusted FCF per Share

For the Building Products & Equipment subindustry, Interface'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.


Interface's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Interface's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Interface 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, Interface'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)
=0.323/129.4194*129.4194
=0.323

Current CPI (Dec. 2023) = 129.4194.

Interface Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.175 99.695 -0.227
201406 -0.144 100.560 -0.185
201409 0.361 100.428 0.465
201412 0.071 99.070 0.093
201503 0.263 99.621 0.342
201506 0.321 100.684 0.413
201509 0.459 100.392 0.592
201512 0.460 99.792 0.597
201603 -0.063 100.470 -0.081
201606 0.396 101.688 0.504
201609 0.558 101.861 0.709
201612 0.186 101.863 0.236
201703 -0.017 102.862 -0.021
201706 0.122 103.349 0.153
201709 0.631 104.136 0.784
201712 0.462 104.011 0.575
201803 -0.221 105.290 -0.272
201806 0.031 106.317 0.038
201809 0.692 106.507 0.841
201812 0.119 105.998 0.145
201903 -0.531 107.251 -0.641
201906 0.290 108.070 0.347
201909 0.865 108.329 1.033
201912 0.532 108.420 0.635
202003 -0.649 108.902 -0.771
202006 0.593 108.767 0.706
202009 0.915 109.815 1.078
202012 0.098 109.897 0.115
202103 0.334 111.754 0.387
202106 0.057 114.631 0.064
202109 0.400 115.734 0.447
202112 0.203 117.630 0.223
202203 -0.379 121.301 -0.404
202206 0.011 125.017 0.011
202209 0.399 125.227 0.412
202212 0.396 125.222 0.409
202303 0.411 127.348 0.418
202306 0.219 128.729 0.220
202309 1.035 129.860 1.031
202312 0.323 129.419 0.323

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


Interface  (NAS:TILE) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=15.61/1.17
=13.34

* 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 Interface was 101.89. The lowest was 6.92. And the median was 34.45.


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.


Interface Cyclically Adjusted FCF per Share Related Terms

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


Interface (Interface) Business Description

Industry
Traded in Other Exchanges
Address
1280 West Peachtree Street, Atlanta, GA, USA, 30309
Interface Inc is engaged in the designing, production, and sale of carpet tile. It also provides Luxury Vinyl tiles and rubber flooring. The company mainly targets corporate and noncorporate office markets, including government, education, healthcare, hospitality, and retailers. Its geographical segments include the Americas, Europe, and Asia-Pacific.
Executives
Stansfield Nigel officer: VP & Chief Innovation Officer 2859 PACES FERRY ROAD, SUITE 2000, ATLANTA GA 30339
Robert T O'brien director 1280 WEST PEACHTREE STREET NW, ATLANTA GA 30309
Laurel Hurd officer: President & CEO C/O NEWELL BRANDS INC., 6655 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
James Poppens officer: Vice President 1280 WEST PEACHTREE STREET NW, ATLANTA GA 30309
Robert Pridgen officer: Chief Accounting Officer 1280 WEST PEACHTREE STREET NW, ATLANTA GA 30309
Christopher G Kennedy director C/O INTERFACE INC, 2859 PACES FERRY ROAD SUITE 2000, ATLANTA GA 30339
Gibson Dwight Audley Konrad director C/O SPX FLOW, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Joseph Keough director 3715 NORTHSIDE PKWY NW, SUITE 4-600, ATLANTA GA 30327
Andreas Mueller officer: VP & Chief Customer Officer 1280 WEST PEACHTREE ST. NW, ATLANTA GA 30309
Catherine M Kilbane director
Daniel T Hendrix director, officer: President and CEO 2859 PACES ROAD, ATLANTA GA 30339
Gregory J Bauer officer: VP & Chief Accounting Officer 2859 PACES FERRY RD., STE 2000, ATLANTA GA 30339
Robert Coombs officer: Vice President 2850 PACES FERRY RD, STE 2000, ATLANTA GA 30339
Jeffrey Chadwick Scales officer: VP & Chief Innovation Officer 2859 PACES FERRY ROAD, SUITE 2000, ATLANTA GA 30339
Bruce Andrew Hausmann officer: VP & CFO 2859 PACES FERRY ROAD, SUITE 2000, ATLANTA GA 30339