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Carter's (BSP:CRIN34) Cyclically Adjusted Price-to-FCF : 10.11 (As of Apr. 27, 2024)


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What is Carter's Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Carter's's current share price is R$187.53. Carter's's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$18.55. Carter's's Cyclically Adjusted Price-to-FCF for today is 10.11.

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

BSP:CRIN34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.22   Med: 31.63   Max: 62.57
Current: 9.23

During the past years, Carter's's highest Cyclically Adjusted Price-to-FCF was 62.57. The lowest was 9.22. And the median was 31.63.

BSP:CRIN34's Cyclically Adjusted Price-to-FCF is ranked better than
65.06% of 435 companies
in the Retail - Cyclical industry
Industry Median: 13.15 vs BSP:CRIN34: 9.23

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.

Carter's's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$20.824. 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$18.55 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carter's Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Carter's'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.

Carter's Cyclically Adjusted Price-to-FCF Chart

Carter's 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 28.16 18.35 16.96 12.28 9.88

Carter's 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 12.28 11.59 10.63 9.90 9.88

Competitive Comparison of Carter's's Cyclically Adjusted Price-to-FCF

For the Apparel Retail subindustry, Carter's'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.


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

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

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



Carter's 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=187.53/18.55
=10.11

* 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.

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

For example, Carter's'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)
=20.824/129.4194*129.4194
=20.824

Current CPI (Dec. 2023) = 129.4194.

Carter's Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.033 99.695 -0.043
201406 -0.559 100.560 -0.719
201409 -0.676 100.428 -0.871
201412 5.881 99.070 7.683
201503 1.984 99.621 2.577
201506 -2.653 100.684 -3.410
201509 3.444 100.392 4.440
201512 5.062 99.792 6.565
201603 3.678 100.470 4.738
201606 -2.260 101.688 -2.876
201609 0.309 101.861 0.393
201612 8.012 101.863 10.179
201703 2.118 102.862 2.665
201706 0.234 103.349 0.293
201709 -0.236 104.136 -0.293
201712 6.747 104.011 8.395
201803 1.708 105.290 2.099
201806 0.882 106.317 1.074
201809 -4.323 106.507 -5.253
201812 13.526 105.998 16.515
201903 1.170 107.251 1.412
201906 2.218 108.070 2.656
201909 -2.422 108.329 -2.894
201912 13.926 108.420 16.623
202003 -1.261 108.902 -1.499
202006 14.560 108.767 17.325
202009 4.535 109.815 5.345
202012 15.537 109.897 18.297
202103 -3.316 111.754 -3.840
202106 4.624 114.631 5.221
202109 -3.062 115.734 -3.424
202112 17.191 117.630 18.914
202203 -10.573 121.301 -11.281
202206 3.945 125.017 4.084
202209 -9.216 125.227 -9.525
202212 20.468 125.222 21.154
202303 1.991 127.348 2.023
202306 10.183 128.729 10.238
202309 -1.326 129.860 -1.322
202312 20.824 129.419 20.824

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.


Carter's  (BSP:CRIN34) 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.


Carter's Cyclically Adjusted Price-to-FCF Related Terms

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


Carter's (BSP:CRIN34) Business Description

Traded in Other Exchanges
Address
3438 Peachtree Road North East, Phipps Tower, Suite 1800, Atlanta, GA, USA, 30326
Carter's Inc makes apparel for babies and children under brand names including Carter's and OshKosh B'gosh. It sells its products through a multi-channel business model, which includes retail stores, eCommerce, and wholesale sales channels, as well as retail omnichannel capabilities in the United States and Canada, which enables it to reach a broad range of consumers around the world. The company operates in three segments; U.S. Retail, U.S. Wholesale, and International. The majority of Carter's sales are in the U.S. and through Carter's brand. The company predominantly sources products through contract manufacturers in Asia. It has multiple distribution centers in the U.S., in addition to distribution centers in Canada and Asia that serve international customers.

Carter's (BSP:CRIN34) Headlines

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