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Scholastic (FRA:SL1) Cyclically Adjusted FCF per Share : €1.40 (As of Feb. 2024)


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What is Scholastic 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.

Scholastic's adjusted free cash flow per share for the three months ended in Feb. 2024 was €-0.051. 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 €1.40 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Scholastic's average Cyclically Adjusted FCF Growth Rate was 162.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -26.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -26.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -18.90% 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 Scholastic was 21.00% per year. The lowest was -29.10% per year. And the median was 5.15% per year.

As of today (2024-06-01), Scholastic's current stock price is €32.60. Scholastic's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was €1.40. Scholastic's Cyclically Adjusted Price-to-FCF of today is 23.29.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Scholastic was 99.63. The lowest was 5.58. And the median was 14.72.


Scholastic Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Scholastic'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.

Scholastic Cyclically Adjusted FCF per Share Chart

Scholastic Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.32 1.38 0.84 0.79 0.54

Scholastic Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.54 0.54 0.69 0.42 1.40

Competitive Comparison of Scholastic's Cyclically Adjusted FCF per Share

For the Publishing subindustry, Scholastic'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.


Scholastic's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Scholastic's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.051/130.9299*130.9299
=-0.051

Current CPI (Feb. 2024) = 130.9299.

Scholastic Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 1.429 100.373 1.864
201408 -1.460 100.352 -1.905
201411 3.384 99.635 4.447
201502 0.294 99.032 0.389
201505 1.269 100.333 1.656
201508 -7.993 100.548 -10.408
201511 2.849 100.135 3.725
201602 0.431 100.040 0.564
201605 1.497 101.355 1.934
201608 -3.000 101.617 -3.865
201611 4.488 101.829 5.771
201702 0.610 102.779 0.777
201705 -0.041 103.256 -0.052
201708 -3.010 103.587 -3.805
201711 2.381 104.072 2.995
201802 -0.044 105.052 -0.055
201805 1.158 106.148 1.428
201808 -2.897 106.383 -3.565
201811 2.581 106.338 3.178
201902 0.032 106.649 0.039
201905 0.758 108.048 0.919
201908 -2.947 108.245 -3.565
201911 2.442 108.519 2.946
202002 0.319 109.139 0.383
202005 -1.516 108.175 -1.835
202008 -1.035 109.662 -1.236
202011 0.883 109.793 1.053
202102 0.133 110.968 0.157
202105 0.585 113.576 0.674
202108 1.319 115.421 1.496
202111 1.708 117.269 1.907
202202 0.705 119.703 0.771
202205 0.890 123.323 0.945
202208 -2.063 124.958 -2.162
202211 1.909 125.607 1.990
202302 -0.141 126.928 -0.145
202305 2.603 128.314 2.656
202308 -1.521 129.538 -1.537
202311 2.793 129.548 2.823
202402 -0.051 130.930 -0.051

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


Scholastic  (FRA:SL1) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=32.60/1.4
=23.29

* 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 Scholastic was 99.63. The lowest was 5.58. And the median was 14.72.


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.


Scholastic Cyclically Adjusted FCF per Share Related Terms

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


Scholastic (FRA:SL1) Business Description

Traded in Other Exchanges
Address
557 Broadway, New York, NY, USA, 10012
Scholastic Corp is an American publishing and education media company that focuses on books and educational material for schools, teachers, parents, and children. The company is one of the world's largest publishers of children's books and also owns exclusive rights to various books, including Harry Potter and The Hunger Games. Some of the company's original titles include Clifford the Big Red Dog, Goosebumps, and The Magic School Bus. It has three reportable segments Children's Book Publishing and Distribution, Education Solutions and International. It majority of its revenue is from the Children's Book Publishing and Distribution segment.

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