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The Estee Lauder (BSP:ELCI34) Cyclically Adjusted FCF per Share : R$0.96 (As of Mar. 2024)


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What is The Estee Lauder 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.

The Estee Lauder's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$0.206. 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$0.96 for the trailing ten years ended in Mar. 2024.

During the past 12 months, The Estee Lauder's average Cyclically Adjusted FCF Growth Rate was -9.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 14.40% 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 The Estee Lauder was 22.10% per year. The lowest was 8.80% per year. And the median was 15.10% per year.

As of today (2024-06-01), The Estee Lauder's current stock price is R$26.96. The Estee Lauder's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$0.96. The Estee Lauder's Cyclically Adjusted Price-to-FCF of today is 28.08.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of The Estee Lauder was 84.14. The lowest was 25.16. And the median was 49.31.


The Estee Lauder Cyclically Adjusted FCF per Share Historical Data

The historical data trend for The Estee Lauder'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.

The Estee Lauder Cyclically Adjusted FCF per Share Chart

The Estee Lauder Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.84 0.90 1.11 0.91

The Estee Lauder 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 1.07 0.91 0.92 0.91 0.96

Competitive Comparison of The Estee Lauder's Cyclically Adjusted FCF per Share

For the Household & Personal Products subindustry, The Estee Lauder'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.


The Estee Lauder's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Estee Lauder's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



The Estee Lauder 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, The Estee Lauder'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)
=0.206/131.7762*131.7762
=0.206

Current CPI (Mar. 2024) = 131.7762.

The Estee Lauder Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.047 100.560 0.062
201409 0.012 100.428 0.016
201412 0.216 99.070 0.287
201503 0.102 99.621 0.135
201506 0.123 100.684 0.161
201509 -0.035 100.392 -0.046
201512 0.353 99.792 0.466
201603 0.100 100.470 0.131
201606 0.107 101.688 0.139
201609 -0.085 101.861 -0.110
201612 0.319 101.863 0.413
201703 0.112 102.862 0.143
201706 0.129 103.349 0.164
201709 -0.012 104.136 -0.015
201712 0.442 104.011 0.560
201803 0.137 105.290 0.171
201806 0.159 106.317 0.197
201809 -0.113 106.507 -0.140
201812 0.537 105.998 0.668
201903 0.145 107.251 0.178
201906 0.199 108.070 0.243
201909 -0.137 108.329 -0.167
201912 0.587 108.420 0.713
202003 0.290 108.902 0.351
202006 0.106 108.767 0.128
202009 0.148 109.815 0.178
202012 0.866 109.897 1.038
202103 0.422 111.754 0.498
202106 0.343 114.631 0.394
202109 -0.171 115.734 -0.195
202112 1.077 117.630 1.207
202203 -0.043 121.301 -0.047
202206 0.400 125.017 0.422
202209 -0.485 125.227 -0.510
202212 0.688 125.222 0.724
202303 0.015 127.348 0.016
202306 -1.073 128.729 -1.098
202309 -0.401 129.860 -0.407
202312 0.631 129.419 0.642
202403 0.206 131.776 0.206

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


The Estee Lauder  (BSP:ELCI34) 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.

The Estee Lauder's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=26.96/0.96
=28.08

* 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 The Estee Lauder was 84.14. The lowest was 25.16. And the median was 49.31.


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.


The Estee Lauder Cyclically Adjusted FCF per Share Related Terms

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


The Estee Lauder (BSP:ELCI34) Business Description

Address
767 Fifth Avenue, New York, NY, USA, 10153
Estee Lauder is a leader in the global prestige beauty market, participating across skin care (56% of 2022 sales), makeup (26%), fragrance (14%), and hair care (4%) categories, with top-selling brands such as Estee Lauder, Clinique, M.A.C, La Mer, Jo Malone London, Aveda, Bobbi Brown, and Origins. The firm operates in more than 150 countries, generating 26% of revenue from the Americas, 43% from Europe, the Middle East and Africa (including travel retail), and 31% from Asia Pacific. Estee Lauder sells its products through department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.

The Estee Lauder (BSP:ELCI34) Headlines

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