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Marisa Lojas (BSP:AMAR3) Cyclically Adjusted Price-to-FCF : 0.39 (As of Apr. 29, 2024)


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What is Marisa Lojas Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Marisa Lojas's current share price is R$1.55. Marisa Lojas's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$3.99. Marisa Lojas's Cyclically Adjusted Price-to-FCF for today is 0.39.

The historical rank and industry rank for Marisa Lojas's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:AMAR3' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.39   Med: 10.29   Max: 28.18
Current: 0.39

During the past years, Marisa Lojas's highest Cyclically Adjusted Price-to-FCF was 28.18. The lowest was 0.39. And the median was 10.29.

BSP:AMAR3's Cyclically Adjusted Price-to-FCF is ranked better than
98.62% of 436 companies
in the Retail - Cyclical industry
Industry Median: 13.07 vs BSP:AMAR3: 0.39

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.

Marisa Lojas's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$0.291. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$3.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marisa Lojas Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Marisa Lojas's Cyclically Adjusted Price-to-FCF 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.

Marisa Lojas Cyclically Adjusted Price-to-FCF Chart

Marisa Lojas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.46 12.00 6.86 1.64 0.93

Marisa Lojas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF 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 1.64 0.68 0.95 0.67 0.93

Competitive Comparison of Marisa Lojas's Cyclically Adjusted Price-to-FCF

For the Apparel Retail subindustry, Marisa Lojas'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.


Marisa Lojas's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Marisa Lojas Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Marisa Lojas's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.55/3.99
=0.39

* 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.

Marisa Lojas's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Marisa Lojas'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)
=0.291/156.2729*156.2729
=0.291

Current CPI (Dec. 2023) = 156.2729.

Marisa Lojas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -5.408 90.447 -9.344
201406 -0.454 91.838 -0.773
201409 3.018 92.602 5.093
201412 4.898 94.194 8.126
201503 -2.742 97.799 -4.381
201506 2.366 100.006 3.697
201509 2.842 101.392 4.380
201512 4.684 104.247 7.022
201603 -1.508 106.979 -2.203
201606 2.083 108.851 2.990
201609 0.802 109.986 1.140
201612 3.602 110.802 5.080
201703 1.138 111.869 1.590
201706 -3.014 112.115 -4.201
201709 0.653 112.777 0.905
201712 -0.256 114.068 -0.351
201803 1.090 114.868 1.483
201806 -1.942 117.038 -2.593
201809 -0.231 117.881 -0.306
201812 2.322 118.340 3.066
201903 -0.730 120.124 -0.950
201906 0.379 120.977 0.490
201909 -0.206 121.292 -0.265
201912 2.120 123.436 2.684
202003 -2.426 124.092 -3.055
202006 -1.070 123.557 -1.353
202009 1.347 125.095 1.683
202012 4.842 129.012 5.865
202103 -4.064 131.660 -4.824
202106 1.898 133.871 2.216
202109 0.897 137.913 1.016
202112 3.431 141.992 3.776
202203 -1.903 146.537 -2.029
202206 2.865 149.784 2.989
202209 1.101 147.800 1.164
202212 5.760 150.207 5.993
202303 1.003 153.352 1.022
202306 2.050 154.519 2.073
202309 0.706 155.464 0.710
202312 0.291 156.273 0.291

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


Marisa Lojas  (BSP:AMAR3) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Marisa Lojas Cyclically Adjusted Price-to-FCF Related Terms

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Marisa Lojas (BSP:AMAR3) Business Description

Traded in Other Exchanges
N/A
Address
Rua James Holland, 422, Barra Funda, Sao Paulo, SP, BRA, 1138050
Marisa Lojas SA is a retail stores operator in Brazil. Its stores offer products related to fashion, underwear, footwear, and accessories for women, men, and children. Its products also include beds, tablecloths, children's bathrobes and towels for home use. The company's income derives from three operating segments. The retail segment, which is the key revenue generator, includes the sale of clothing items, perfumes, beauty products, and watches, in physical stores and e-commerce. The credit card transactions segment is managed by the subsidiary and offered to the company's clients for the credit purchase of products, insurance, and payment of bills. The consumer credit segment offers personal loans to the company's consumers.

Marisa Lojas (BSP:AMAR3) Headlines

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