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Fast Retailing Co (STU:FR7H) Cyclically Adjusted FCF per Share : €0.04 (As of Feb. 2024)


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What is Fast Retailing Co 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.

Fast Retailing Co's adjusted free cash flow per share for the three months ended in Feb. 2024 was €0.040. 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 €0.04 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Fast Retailing Co's average Cyclically Adjusted FCF Growth Rate was 28.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 22.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 20.40% 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 Fast Retailing Co was 22.40% per year. The lowest was 14.10% per year. And the median was 19.70% per year.

As of today (2024-05-23), Fast Retailing Co's current stock price is €2.30. Fast Retailing Co's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was €0.04. Fast Retailing Co's Cyclically Adjusted Price-to-FCF of today is 57.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Fast Retailing Co was 86.87. The lowest was 35.32. And the median was 53.56.


Fast Retailing Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Fast Retailing Co'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.

Fast Retailing Co Cyclically Adjusted FCF per Share Chart

Fast Retailing Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.04 0.04 0.04

Fast Retailing Co 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 0.04 0.04 0.04 0.04 0.04

Competitive Comparison of Fast Retailing Co's Cyclically Adjusted FCF per Share

For the Apparel Retail subindustry, Fast Retailing Co'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.


Fast Retailing Co's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Fast Retailing Co 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, Fast Retailing Co'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)
=0.04/106.9000*106.9000
=0.040

Current CPI (Feb. 2024) = 106.9000.

Fast Retailing Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -0.001 98.100 -0.001
201408 -0.004 98.300 -0.004
201411 0.012 97.900 0.013
201502 0.035 97.600 0.038
201505 -0.014 98.700 -0.015
201508 -0.014 98.400 -0.015
201511 0.011 98.100 0.012
201602 0.020 97.800 0.022
201605 -0.006 98.200 -0.007
201608 -0.013 97.900 -0.014
201611 0.025 98.600 0.027
201702 0.027 98.100 0.029
201705 0.005 98.600 0.005
201708 -0.010 98.500 -0.011
201711 0.027 99.100 0.029
201802 0.022 99.500 0.024
201805 0.006 99.300 0.006
201808 -0.025 99.800 -0.027
201811 0.003 100.000 0.003
201902 0.048 99.700 0.051
201905 0.010 100.000 0.011
201908 0.000 100.000 0.000
201911 0.020 100.500 0.021
202002 0.034 100.300 0.036
202005 -0.023 100.100 -0.025
202008 0.020 100.100 0.021
202011 0.032 99.500 0.034
202102 0.049 99.800 0.052
202105 -0.001 99.400 -0.001
202108 0.010 99.700 0.011
202111 0.016 100.100 0.017
202202 0.040 100.700 0.042
202205 0.012 101.800 0.013
202208 0.018 102.700 0.019
202211 -0.005 103.900 -0.005
202302 0.033 104.000 0.034
202305 0.025 105.100 0.025
202308 0.027 105.900 0.027
202311 0.016 106.900 0.016
202402 0.040 106.900 0.040

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


Fast Retailing Co  (STU:FR7H) 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.

Fast Retailing Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.30/0.04
=57.50

* 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 Fast Retailing Co was 86.87. The lowest was 35.32. And the median was 53.56.


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.


Fast Retailing Co Cyclically Adjusted FCF per Share Related Terms

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


Fast Retailing Co (STU:FR7H) Business Description

Traded in Other Exchanges
Address
10717-1 Sayama, Yamaguchi, Yamaguchi, JPN, 754-0894
Fast Retailing Co Ltd is Japan's apparel company, operating the casualwear retail chain Uniqlo, known for its high-quality functional apparel at reasonable prices. The business is founded on a private-label apparel model whereby Fast Retailing is in charge of product design, production, and sales. Fast Retailing is ranked the third-largest apparel company by sales globally, it runs 3,630 stores globally, including 813 and 1,439 Uniqlo stores in Japan and overseas, respectively. Other brands in its portfolio include GU and acquired brands including Theory, Comptoir des Cotonniers, Princesse Tam Tam (French lingerie), and J Brand (premium denim).

Fast Retailing Co (STU:FR7H) Headlines

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