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Capri Holdings (BSP:CAPH34) Cyclically Adjusted FCF per Share : R$23.59 (As of Mar. 2024)


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What is Capri Holdings 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.

Capri Holdings's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$-0.255. 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 R$23.59 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Capri Holdings's average Cyclically Adjusted FCF Growth Rate was 0.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.60% 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 Capri Holdings was 10.60% per year. The lowest was 10.60% per year. And the median was 10.60% per year.

As of today (2024-06-08), Capri Holdings's current stock price is R$179.64. Capri Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$23.59. Capri Holdings's Cyclically Adjusted Price-to-FCF of today is 7.62.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Capri Holdings was 17.49. The lowest was 4.47. And the median was 11.37.


Capri Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Capri Holdings'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.

Capri Holdings Cyclically Adjusted FCF per Share Chart

Capri Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 19.54 20.45 21.82 23.59

Capri Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 21.82 23.70 21.79 22.31 23.59

Competitive Comparison of Capri Holdings's Cyclically Adjusted FCF per Share

For the Luxury Goods subindustry, Capri Holdings'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.


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

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

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



Capri Holdings 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, Capri Holdings'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)
=-0.255/131.6000*131.6000
=-0.255

Current CPI (Mar. 2024) = 131.6000.

Capri Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.562 99.800 2.060
201409 -1.300 100.000 -1.711
201412 4.763 99.900 6.274
201503 1.119 99.600 1.479
201506 2.587 100.100 3.401
201509 0.487 100.200 0.640
201512 9.886 100.400 12.958
201603 4.274 100.400 5.602
201606 5.354 101.000 6.976
201609 -0.642 101.500 -0.832
201612 10.140 102.200 13.057
201703 2.369 102.700 3.036
201706 3.771 103.500 4.795
201709 1.863 104.300 2.351
201712 10.977 105.000 13.758
201803 3.236 105.100 4.052
201806 4.083 105.900 5.074
201809 0.217 106.600 0.268
201812 12.043 107.100 14.798
201903 -3.258 107.000 -4.007
201906 2.632 107.900 3.210
201909 0.918 108.400 1.114
201912 12.139 108.500 14.723
202003 1.570 108.600 1.903
202006 1.214 108.800 1.468
202009 1.531 109.200 1.845
202012 12.933 109.400 15.557
202103 1.977 109.700 2.372
202106 5.876 111.400 6.941
202109 5.717 112.400 6.694
202112 10.391 114.700 11.922
202203 -1.843 116.500 -2.082
202206 3.547 120.500 3.874
202209 -5.662 122.300 -6.093
202212 19.917 125.300 20.918
202303 4.046 126.800 4.199
202306 -0.410 129.400 -0.417
202309 -7.436 130.100 -7.522
202312 12.979 130.500 13.088
202403 -0.255 131.600 -0.255

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


Capri Holdings  (BSP:CAPH34) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=179.64/23.59
=7.62

* 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 Capri Holdings was 17.49. The lowest was 4.47. And the median was 11.37.


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.


Capri Holdings Cyclically Adjusted FCF per Share Related Terms

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


Capri Holdings (BSP:CAPH34) Business Description

Traded in Other Exchanges
Address
90 Whitfield Street, 2nd Floor, London, GBR, W1T 4EZ
Michael Kors, Versace, and Jimmy Choo are the brands of Capri Holdings, a marketer, distributor, and retailer of upscale accessories and apparel. Michael Kors, Capri's largest brand, offers handbags, footwear, and apparel through more than 800 company-owned stores, wholesale, and e-commerce. Versace (acquired in 2018) is known for its ready-to-wear luxury fashion, while Jimmy Choo (acquired in 2017) is best known for women's luxury footwear. John Idol has served as CEO since 2003.

Capri Holdings (BSP:CAPH34) Headlines

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