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Designer Brands (Designer Brands) Cyclically Adjusted FCF per Share : $1.93 (As of Jan. 2024)


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What is Designer Brands 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.

Designer Brands's adjusted free cash flow per share for the three months ended in Jan. 2024 was $-0.916. 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 $1.93 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Designer Brands's average Cyclically Adjusted FCF Growth Rate was -4.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 5.70% 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 Designer Brands was 10.90% per year. The lowest was 2.60% per year. And the median was 4.55% per year.

As of today (2024-05-23), Designer Brands's current stock price is $9.27. Designer Brands's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $1.93. Designer Brands's Cyclically Adjusted Price-to-FCF of today is 4.80.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Designer Brands was 40.80. The lowest was 2.18. And the median was 12.92.


Designer Brands Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Designer Brands'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.

Designer Brands Cyclically Adjusted FCF per Share Chart

Designer Brands Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 1.75 1.86 2.02 1.93

Designer Brands Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.02 2.03 2.08 2.13 1.93

Competitive Comparison of Designer Brands's Cyclically Adjusted FCF per Share

For the Footwear & Accessories subindustry, Designer Brands'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.


Designer Brands's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Designer Brands's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Designer Brands 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, Designer Brands's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.916/130.1244*130.1244
=-0.916

Current CPI (Jan. 2024) = 130.1244.

Designer Brands Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.123 100.023 -0.160
201407 0.674 100.520 0.872
201410 0.104 100.176 0.135
201501 0.445 98.604 0.587
201504 0.253 99.824 0.330
201507 0.456 100.691 0.589
201510 0.021 100.346 0.027
201601 0.880 99.957 1.146
201604 -0.196 100.947 -0.253
201607 0.308 101.524 0.395
201610 0.344 101.988 0.439
201701 1.088 102.456 1.382
201704 -0.136 103.167 -0.172
201707 0.341 103.278 0.430
201710 1.023 104.070 1.279
201801 0.443 104.578 0.551
201804 0.088 105.708 0.108
201807 0.839 106.324 1.027
201810 0.296 106.695 0.361
201901 0.141 106.200 0.173
201904 -0.357 107.818 -0.431
201907 0.294 108.250 0.353
201910 0.885 108.577 1.061
202001 0.828 108.841 0.990
202004 -0.752 108.173 -0.905
202007 -0.661 109.318 -0.787
202010 -0.435 109.861 -0.515
202101 3.753 110.364 4.425
202104 -0.091 112.673 -0.105
202107 1.160 115.183 1.310
202110 0.767 116.696 0.855
202201 0.054 118.619 0.059
202204 -0.688 121.978 -0.734
202207 0.495 125.002 0.515
202210 0.178 125.734 0.184
202301 2.195 126.223 2.263
202304 0.122 127.992 0.124
202307 1.509 128.974 1.522
202310 0.830 129.810 0.832
202401 -0.916 130.124 -0.916

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


Designer Brands  (NYSE:DBI) 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.

Designer Brands's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.27/1.93
=4.80

* 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 Designer Brands was 40.80. The lowest was 2.18. And the median was 12.92.


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.


Designer Brands Cyclically Adjusted FCF per Share Related Terms

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


Designer Brands (Designer Brands) Business Description

Traded in Other Exchanges
Address
810 DSW Drive, Columbus, OH, USA, 43219
Designer Brands Inc is a designer, producer and retailer of footwear and accessories. The company operates in three reportable segments: the U.S. Retail segment, the Canada Retail segment, and the Brand Portfolio segment. The U.S. Retail segment operates the DSW Designer Shoe Warehouse banner through its direct-to-consumer U.S. stores and e-commerce site. The Canada Retail segment operates The Shoe Company and DSW banners through its direct-to-consumer Canada stores and e-commerce sites. The Brand Portfolio segment earns revenue from the sale of wholesale products to retailers, commissions for serving retailers as the design and buying agent for products under private labels and the sale of branded products through its direct-to-consumer e-commerce site at www.vincecamuto.com.
Executives
Deborah L Ferree officer: Pres. & Chief Mdsing Officer 4150 EAST FIFTH AVE., COLUMBUS OH 43219
Mark Haley officer: SVP, Controller & PAO 4055 TECHNOLOGY FOREST BLVD., STE. 210, THE WOODLANDS TX 77381
William L Jordan officer: SVP, General Counsel 810 DSW DRIVE, COLUMBUS OH 43219
James S. Weinberg officer: EVP; Chief Merchandising Ofcr 810 DSW DR,, COLUMBUS OH 43219
Jared A. Poff officer: SVP, Finance & Interim CFO DSW INC., 810 DSW DRIVE, COLUMBUS OH 43219
Mary Turner officer: EVP; President, Shoe Company 810 DSW DRIVE, COLUMBUS OH 43219
Harvey L Sonnenberg other: Director Nominee 399 THORNALL STREET, EDISON NJ 08837
Laura Denk officer: EVP;Pres DSW Designer ShoeWhse 810 DSW DRIVE, COLUMBUS OH 43219
Tami Fersko director 810 DSW DRIVE, COLUMBUS OH 43219
Richard A. Paul director 80 PINE STREET, SUITE 3202, NEW YORK NY 10005
Joanne Zaiac director DSW INC., 810 DSW DRIVE, COLUMBUS OH 43219
Joanna T Lau director 30 MONUMENT SQUARE, SUITE 220, CONCORD MA 01742
Douglas M. Howe officer: EVP, President of DSW N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051-5660
Jay L Schottenstein director, 10 percent owner, officer: Chairman and CEO 1800 MOLER ROAD, COLUMBUS OH 43207
Joseph A. Schottenstein director 4300 EAST FIFTH AVENUE, COLUMBUS OH 43219