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Unifi (FRA:36A) Cyclically Adjusted FCF per Share : €0.07 (As of Mar. 2024)


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What is Unifi 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.

Unifi's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.200. 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 €0.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Unifi's average Cyclically Adjusted FCF Growth Rate was -80.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -30.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -13.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -2.80% 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 Unifi was 17.50% per year. The lowest was -32.50% per year. And the median was -1.90% per year.

As of today (2024-06-08), Unifi's current stock price is €5.70. Unifi's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.07. Unifi's Cyclically Adjusted Price-to-FCF of today is 81.43.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Unifi was 94.43. The lowest was 9.98. And the median was 30.26.


Unifi Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Unifi'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.

Unifi Cyclically Adjusted FCF per Share Chart

Unifi 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 - 0.78 0.88 0.67 0.27

Unifi 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 0.31 0.27 0.28 0.17 0.07

Competitive Comparison of Unifi's Cyclically Adjusted FCF per Share

For the Textile Manufacturing subindustry, Unifi'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.


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

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

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



Unifi 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, Unifi'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)
=-0.2/131.7762*131.7762
=-0.200

Current CPI (Mar. 2024) = 131.7762.

Unifi Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.318 100.560 0.417
201409 -0.299 100.428 -0.392
201412 0.147 99.070 0.196
201503 0.205 99.621 0.271
201506 0.598 100.684 0.783
201509 -0.725 100.392 -0.952
201512 0.152 99.792 0.201
201603 0.658 100.470 0.863
201606 0.106 101.688 0.137
201609 -0.096 101.861 -0.124
201612 -0.003 101.863 -0.004
201703 0.175 102.862 0.224
201706 0.551 103.349 0.703
201709 0.479 104.136 0.606
201712 -0.072 104.011 -0.091
201803 -0.049 105.290 -0.061
201806 0.202 106.317 0.250
201809 -0.520 106.507 -0.643
201812 -0.234 105.998 -0.291
201903 -0.212 107.251 -0.260
201906 0.149 108.070 0.182
201909 0.933 108.329 1.135
201912 0.051 108.420 0.062
202003 -0.155 108.902 -0.188
202006 0.822 108.767 0.996
202009 0.275 109.815 0.330
202012 0.287 109.897 0.344
202103 -0.114 111.754 -0.134
202106 0.081 114.631 0.093
202109 -1.123 115.734 -1.279
202112 0.092 117.630 0.103
202203 -0.433 121.301 -0.470
202206 -0.362 125.017 -0.382
202209 -0.959 125.227 -1.009
202212 0.022 125.222 0.023
202303 -0.385 127.348 -0.398
202306 -0.387 128.729 -0.396
202309 0.217 129.860 0.220
202312 -0.387 129.419 -0.394
202403 -0.200 131.776 -0.200

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


Unifi  (FRA:36A) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.70/0.07
=81.43

* 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 Unifi was 94.43. The lowest was 9.98. And the median was 30.26.


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.


Unifi Cyclically Adjusted FCF per Share Related Terms

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


Unifi (FRA:36A) Business Description

Traded in Other Exchanges
Address
7201 West Friendly Avenue, Greensboro, NC, USA, 27410
Unifi Inc is a multi-national company. It manufactures and sells innovative synthetic and recycled products made from polyester and nylon primarily to other yarn manufacturers and knitters and weavers that produce fabric for the apparel, hosiery, home furnishings, automotive, industrial and other end-use markets. Polyester yarns include partially oriented yarn (POY), textured, solution and package dyed, twisted, beamed and draw wound yarns, and each is available in virgin or recycled varieties. UNIFI offers specialized yarns, premium value-added (PVA) yarns, and commodity yarns, with principal geographic markets in the Americas, Europe and Asia.

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