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Sleep Number (Sleep Number) Cyclically Adjusted Price-to-FCF : 4.38 (As of Apr. 28, 2024)


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What is Sleep Number Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Sleep Number's current share price is $14.18. Sleep Number's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.24. Sleep Number's Cyclically Adjusted Price-to-FCF for today is 4.38.

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

SNBR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.93   Med: 27.65   Max: 58.71
Current: 4.38

During the past years, Sleep Number's highest Cyclically Adjusted Price-to-FCF was 58.71. The lowest was 2.93. And the median was 27.65.

SNBR's Cyclically Adjusted Price-to-FCF is ranked better than
91.11% of 180 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 17.615 vs SNBR: 4.38

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.

Sleep Number's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $1.086. 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 $3.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sleep Number Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sleep Number'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.

Sleep Number Cyclically Adjusted Price-to-FCF Chart

Sleep Number 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 28.57 33.44 22.38 7.67 4.66

Sleep Number Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.98 7.95 7.31 4.66 4.95

Competitive Comparison of Sleep Number's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, Sleep Number'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.


Sleep Number's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sleep Number's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Sleep Number 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.18/3.24
=4.38

* 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.

Sleep Number's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sleep Number's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.086/129.4194*129.4194
=1.086

Current CPI (Mar. 2024) = 129.4194.

Sleep Number Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.228 100.560 -0.293
201409 1.253 100.428 1.615
201412 -0.178 99.070 -0.233
201503 0.583 99.621 0.757
201506 -0.475 100.684 -0.611
201509 1.239 100.392 1.597
201512 -0.940 99.792 -1.219
201603 1.058 100.470 1.363
201606 -0.602 101.688 -0.766
201609 1.794 101.861 2.279
201612 -0.280 101.863 -0.356
201703 1.685 102.862 2.120
201706 -0.287 103.349 -0.359
201709 1.849 104.136 2.298
201712 -0.631 104.011 -0.785
201803 1.028 105.290 1.264
201806 -0.886 106.317 -1.079
201809 2.644 106.507 3.213
201812 -0.431 105.998 -0.526
201903 1.525 107.251 1.840
201906 -0.391 108.070 -0.468
201909 3.578 108.329 4.275
201912 -0.448 108.420 -0.535
202003 2.592 108.902 3.080
202006 -0.366 108.767 -0.435
202009 6.772 109.815 7.981
202012 -0.631 109.897 -0.743
202103 3.769 111.754 4.365
202106 1.165 114.631 1.315
202109 4.700 115.734 5.256
202112 -0.428 117.630 -0.471
202203 0.210 121.301 0.224
202206 -0.565 125.017 -0.585
202209 1.559 125.227 1.611
202212 -2.691 125.222 -2.781
202303 0.134 127.348 0.136
202306 -0.631 128.729 -0.634
202309 -0.224 129.860 -0.223
202312 -2.219 129.419 -2.219
202403 1.086 129.419 1.086

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.


Sleep Number  (NAS:SNBR) 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.


Sleep Number Cyclically Adjusted Price-to-FCF Related Terms

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


Sleep Number (Sleep Number) Business Description

Traded in Other Exchanges
Address
1001 Third Avenue South, Minneapolis, MN, USA, 55404
Sleep Number Corp. offers individualized mattresses and sleep solutions. Consumers can customize Sleep Number bedding to suit their comforts. The company utilizes algorithms and biometric data for customizations. Revenue is generated through marketing and selling bedding through two distribution channels: company-controlled, including direct-to-consumer retail and online sales; and wholesale, which sells through selected wholesale and retail customers. Almost all revenue comes from company-controlled retail sales. Sleep Number Corp. sells its products throughout the United States.
Executives
Samuel R Hellfeld officer: SVP Chief Legal & Risk Officer 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Francis K Lee officer: EVP & CFO 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Brenda J Lauderback director IRWIN FINANCIAL CORPORATION, 500 WASHINGTON STREET, COLUMBUS IN 47201
Julie Howard director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Michael J Harrison director 200 DOMAIN DRIVE, STRATHAM NH 03885
Joel Joseph Laing officer: Treasurer & CAO 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Angel L Mendez director C/O SLEEP NUMBER CORPORATION, 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Phillip Eyler director C/O HARMAN INTERNATIONAL INDUSTRIES, INC, 400 ATLANTIC STREET, STAMFORD CT 06901
Kevin Kennedy Brown officer: SVP and CMO 9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55442
Christopher D Krusmark officer: SVP & Chief H.R. Officer 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Daniel Alegre director 9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55317
Jean Michel Valette director 28 MAPLE AVE, KENTFIELD CT 06897
Melissa Barra officer: SVP, Chief Strategy & CRO 9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55442
Shelly Radue Ibach officer: Senior VP - U.S. Retail Sales 6105 TRENTON LANE NORTH, MINNEAPOLIS MN 55442
Robert Joseph Poirier officer: VP, CAO 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55442