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Innovative Designs (Innovative Designs) Cyclically Adjusted FCF per Share : $-0.02 (As of Jan. 2024)


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What is Innovative Designs 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.

Innovative Designs's adjusted free cash flow per share for the three months ended in Jan. 2024 was $-0.003. 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 $-0.02 for the trailing ten years ended in Jan. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -26.00% 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 Innovative Designs was 20.60% per year. The lowest was -26.00% per year. And the median was -26.00% per year.

As of today (2024-06-04), Innovative Designs's current stock price is $0.1616. Innovative Designs's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $-0.02. Innovative Designs's Cyclically Adjusted Price-to-FCF of today is .


Innovative Designs Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Innovative Designs'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.

Innovative Designs Cyclically Adjusted FCF per Share Chart

Innovative Designs Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.01 - -0.02 -0.02

Innovative Designs 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 -0.02 -0.02 -0.02 -0.02 -0.02

Competitive Comparison of Innovative Designs's Cyclically Adjusted FCF per Share

For the Apparel Retail subindustry, Innovative Designs'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.


Innovative Designs's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Innovative Designs 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, Innovative Designs'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)
=-0.003/130.1244*130.1244
=-0.003

Current CPI (Jan. 2024) = 130.1244.

Innovative Designs Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.004 100.023 -0.005
201407 -0.006 100.520 -0.008
201410 -0.018 100.176 -0.023
201501 -0.002 98.604 -0.003
201504 0.001 99.824 0.001
201507 -0.010 100.691 -0.013
201510 -0.010 100.346 -0.013
201601 -0.007 99.957 -0.009
201604 -0.007 100.947 -0.009
201607 -0.003 101.524 -0.004
201610 -0.016 101.988 -0.020
201701 -0.001 102.456 -0.001
201704 -0.004 103.167 -0.005
201707 -0.004 103.278 -0.005
201710 -0.007 104.070 -0.009
201801 -0.004 104.578 -0.005
201804 -0.005 105.708 -0.006
201807 -0.003 106.324 -0.004
201810 -0.003 106.695 -0.004
201901 -0.003 106.200 -0.004
201904 -0.001 107.818 -0.001
201907 -0.002 108.250 -0.002
201910 -0.003 108.577 -0.004
202001 -0.001 108.841 -0.001
202004 -0.003 108.173 -0.004
202007 -0.001 109.318 -0.001
202010 -0.001 109.861 -0.001
202101 -0.001 110.364 -0.001
202104 -0.001 112.673 -0.001
202107 0.000 115.183 0.000
202110 0.000 116.696 0.000
202201 -0.005 118.619 -0.005
202204 -0.002 121.978 -0.002
202207 0.000 125.002 0.000
202210 0.004 125.734 0.004
202301 -0.004 126.223 -0.004
202304 -0.002 127.992 -0.002
202307 -0.001 128.974 -0.001
202310 -0.001 129.810 -0.001
202401 -0.003 130.124 -0.003

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


Innovative Designs  (OTCPK:IVDN) 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.


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.


Innovative Designs Cyclically Adjusted FCF per Share Related Terms

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


Innovative Designs (Innovative Designs) Business Description

Traded in Other Exchanges
N/A
Address
124 Cherry Street, Pittsburgh, PA, USA, 15223
Innovative Designs Inc markets cold-weather recreational and industrial clothing products, as well as house wrap, which is made from INSULTEX, a low density foamed polyethylene with buoyancy, scent block and thermal resistant properties. The business activity of the firm is operated through two segments Apparel and Housewrap. The Apparel segment offers a range of cold weather apparel and related items. The Housewrap segment includes its INSULTEX House Wrap and its own seam tape. It generates maximum revenue from the Housewrap segment.
Executives
Robert Kennedy Adams director 3509 WILLIAM PENN DR., SAN ANTONIO TX 78230
Donald Vincent Garlotta director 124 CHERRY STREET, PITTSBURGH PA 15223
Joseph Riccelli director, 10 percent owner, officer: Chief Executive Officer 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Dean Kolocouris director 109 FOX PATH, MOON TWP PA 15108
Daniel P Rains director 2509 WIEWAN ROAD, ALIQUIPPA PA 15001
Robert D Monsour director 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Innovative Designs Inc director 124 CHERRY ST., STE 1, PITTSBURGH PA 15223
Joseph A Riccelli officer: Vice President 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Dean P Kolocouris director 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Frank Riccelli director, 10 percent owner, officer: President 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Dominic Cerniglia director 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Anthony Fonzi director, officer: Chief Financial Officer 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215

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