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Leon's Furniture (TSX:LNF) Cyclically Adjusted FCF per Share : C$2.44 (As of Dec. 2023)


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What is Leon's Furniture 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.

Leon's Furniture's adjusted free cash flow per share for the three months ended in Dec. 2023 was C$0.958. 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 C$2.44 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Leon's Furniture's average Cyclically Adjusted FCF Growth Rate was 14.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 18.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 14.90% 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 Leon's Furniture was 24.40% per year. The lowest was 3.90% per year. And the median was 12.20% per year.

As of today (2024-04-28), Leon's Furniture's current stock price is C$22.65. Leon's Furniture's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$2.44. Leon's Furniture's Cyclically Adjusted Price-to-FCF of today is 9.28.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Leon's Furniture was 24.70. The lowest was 7.37. And the median was 17.03.


Leon's Furniture Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Leon's Furniture'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.

Leon's Furniture Cyclically Adjusted FCF per Share Chart

Leon's Furniture 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 1.23 1.69 2.08 2.14 2.44

Leon's Furniture 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 2.14 2.18 2.22 2.29 2.44

Competitive Comparison of Leon's Furniture's Cyclically Adjusted FCF per Share

For the Specialty Retail subindustry, Leon's Furniture'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.


Leon's Furniture's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Leon's Furniture 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, Leon's Furniture'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)
=0.958/125.4675*125.4675
=0.958

Current CPI (Dec. 2023) = 125.4675.

Leon's Furniture Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.034 98.604 -0.043
201406 0.284 99.473 0.358
201409 0.878 99.394 1.108
201412 0.470 98.367 0.599
201503 -0.327 99.789 -0.411
201506 -0.138 100.500 -0.172
201509 0.631 100.421 0.788
201512 0.207 99.947 0.260
201603 -0.275 101.054 -0.341
201606 0.294 102.002 0.362
201609 0.966 101.765 1.191
201612 0.642 101.449 0.794
201703 -0.381 102.634 -0.466
201706 0.070 103.029 0.085
201709 0.896 103.345 1.088
201712 0.626 103.345 0.760
201803 0.113 105.004 0.135
201806 0.300 105.557 0.357
201809 0.491 105.636 0.583
201812 1.043 105.399 1.242
201903 -0.518 106.979 -0.608
201906 0.766 107.690 0.892
201909 0.755 107.611 0.880
201912 1.396 107.769 1.625
202003 -0.270 107.927 -0.314
202006 2.315 108.401 2.679
202009 2.662 108.164 3.088
202012 0.757 108.559 0.875
202103 -0.484 110.298 -0.551
202106 0.393 111.720 0.441
202109 2.780 112.905 3.089
202112 1.120 113.774 1.235
202203 -1.702 117.646 -1.815
202206 -0.271 120.806 -0.281
202209 0.666 120.648 0.693
202212 1.121 120.964 1.163
202303 0.072 122.702 0.074
202306 0.648 124.203 0.655
202309 1.362 125.230 1.365
202312 0.958 125.468 0.958

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


Leon's Furniture  (TSX:LNF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=22.65/2.44
=9.28

* 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 Leon's Furniture was 24.70. The lowest was 7.37. And the median was 17.03.


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.


Leon's Furniture Cyclically Adjusted FCF per Share Related Terms

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


Leon's Furniture (TSX:LNF) Business Description

Traded in Other Exchanges
Address
45 Gordon Mackay Road, Toronto, ON, CAN, M9N 3X3
Leon's Furniture Ltd is a Canada-based retailer which is involved in the sale of home furnishing, mattresses, appliances, and electronics. The firm is also the country's commercial retailer of appliances to builders, developers, hotels, and property management companies. It generates maximum revenue from sales of goods by corporate stores.

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