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Veste Estilo (BSP:VSTE3) Cyclically Adjusted FCF per Share : R$2.92 (As of Mar. 2024)


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What is Veste Estilo 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.

Veste Estilo's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$0.183. 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$2.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Veste Estilo's average Cyclically Adjusted FCF Growth Rate was -58.30% 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 Veste Estilo was -20.00% per year. The lowest was -20.00% per year. And the median was -20.00% per year.

As of today (2024-05-26), Veste Estilo's current stock price is R$12.80. Veste Estilo's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$2.92. Veste Estilo's Cyclically Adjusted Price-to-FCF of today is 4.38.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Veste Estilo was 19.49. The lowest was 1.68. And the median was 3.07.


Veste Estilo Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Veste Estilo'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.

Veste Estilo Cyclically Adjusted FCF per Share Chart

Veste Estilo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.95 -7.80 -2.52 4.88 1.50

Veste Estilo 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 7.00 5.29 5.45 1.50 2.92

Competitive Comparison of Veste Estilo's Cyclically Adjusted FCF per Share

For the Apparel Retail subindustry, Veste Estilo'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.


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

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

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



Veste Estilo 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, Veste Estilo'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)
=0.183/159.3724*159.3724
=0.183

Current CPI (Mar. 2024) = 159.3724.

Veste Estilo Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 8.056 91.838 13.980
201409 0.154 92.602 0.265
201412 7.041 94.194 11.913
201503 -13.468 97.799 -21.947
201506 3.796 100.006 6.049
201509 0.278 101.392 0.437
201512 24.616 104.247 37.633
201603 -7.207 106.979 -10.737
201606 3.800 108.851 5.564
201609 11.416 109.986 16.542
201612 22.099 110.802 31.786
201703 -0.858 111.869 -1.222
201706 4.752 112.115 6.755
201709 4.542 112.777 6.419
201712 1.587 114.068 2.217
201803 -22.342 114.868 -30.998
201806 3.394 117.038 4.622
201809 -5.042 117.881 -6.817
201812 15.443 118.340 20.798
201903 -13.119 120.124 -17.405
201906 2.826 120.977 3.723
201909 -14.595 121.292 -19.177
201912 14.856 123.436 19.181
202003 -22.722 124.092 -29.182
202006 -20.030 123.557 -25.836
202009 -5.435 125.095 -6.924
202012 2.917 129.012 3.603
202103 1.583 131.660 1.916
202106 1.222 133.871 1.455
202109 0.716 137.913 0.827
202112 -0.716 141.992 -0.804
202203 0.083 146.537 0.090
202206 3.947 149.784 4.200
202209 -0.274 147.800 -0.295
202212 0.270 150.207 0.286
202303 -0.362 153.352 -0.376
202306 0.025 154.519 0.026
202309 0.181 155.464 0.186
202312 0.235 157.148 0.238
202403 0.183 159.372 0.183

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


Veste Estilo  (BSP:VSTE3) 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.

Veste Estilo's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.80/2.92
=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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Veste Estilo was 19.49. The lowest was 1.68. And the median was 3.07.


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.


Veste Estilo Cyclically Adjusted FCF per Share Related Terms

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


Veste Estilo (BSP:VSTE3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Othão, 405, Sao Paulo, SP, BRA, 05313-020
Veste SA Estilo is engaged in apparel industry retailers and high-end accessories in Brazil. The Company's main objectives are: development, exploration of the industry, trade, import and export of clothing and clothing accessories and trading in decorative, hygiene and cosmetic objects, among others. It produces clothes, accessories, footwear, and articles for the home, always in line with contemporary lifestyle, bringing joy, elegance, and well-being to customers under its brands Le Lis, Dudalina, john john, Stew, and Individual. The company focuses on designing, developing, manufacturing, and trading apparel and accessories for women and men.

Veste Estilo (BSP:VSTE3) Headlines

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