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Ross Stores (FRA:RSO) Cyclically Adjusted Price-to-FCF : 30.14 (As of May. 05, 2024)


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What is Ross Stores Cyclically Adjusted Price-to-FCF?

As of today (2024-05-05), Ross Stores's current share price is €119.36. Ross Stores's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was €3.96. Ross Stores's Cyclically Adjusted Price-to-FCF for today is 30.14.

The historical rank and industry rank for Ross Stores's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:RSO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.7   Med: 41.56   Max: 55.97
Current: 30.82

During the past years, Ross Stores's highest Cyclically Adjusted Price-to-FCF was 55.97. The lowest was 21.70. And the median was 41.56.

FRA:RSO's Cyclically Adjusted Price-to-FCF is ranked worse than
76.43% of 437 companies
in the Retail - Cyclical industry
Industry Median: 12.97 vs FRA:RSO: 30.82

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.

Ross Stores's adjusted free cash flow per share data for the three months ended in Jan. 2024 was €1.988. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €3.96 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ross Stores Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ross Stores's Cyclically Adjusted Price-to-FCF 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.

Ross Stores Cyclically Adjusted Price-to-FCF Chart

Ross Stores Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.38 37.62 28.62 31.33 33.04

Ross Stores Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Price-to-FCF 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 31.33 27.93 28.67 28.24 33.04

Competitive Comparison of Ross Stores's Cyclically Adjusted Price-to-FCF

For the Apparel Retail subindustry, Ross Stores'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.


Ross Stores's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Ross Stores Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Ross Stores's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=119.36/3.96
=30.14

* 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.

Ross Stores's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Ross Stores'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)
=1.988/129.4194*129.4194
=1.988

Current CPI (Jan. 2024) = 129.4194.

Ross Stores Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.609 100.023 0.788
201407 0.234 100.520 0.301
201410 -0.110 100.176 -0.142
201501 0.615 98.604 0.807
201504 0.690 99.824 0.895
201507 0.201 100.691 0.258
201510 0.174 100.346 0.224
201601 1.106 99.957 1.432
201604 0.860 100.947 1.103
201607 0.555 101.524 0.707
201610 0.408 101.988 0.518
201701 1.085 102.456 1.371
201704 1.065 103.167 1.336
201707 0.413 103.278 0.518
201710 0.602 104.070 0.749
201801 0.887 104.578 1.098
201804 0.848 105.708 1.038
201807 1.015 106.324 1.235
201810 0.753 106.695 0.913
201901 1.178 106.200 1.436
201904 1.005 107.818 1.206
201907 1.034 108.250 1.236
201910 0.444 108.577 0.529
202001 1.529 108.841 1.818
202004 -3.130 108.173 -3.745
202007 2.752 109.318 3.258
202010 3.648 109.861 4.297
202101 0.901 110.364 1.057
202104 1.449 112.673 1.664
202107 1.132 115.183 1.272
202110 0.085 116.696 0.094
202201 0.139 118.619 0.152
202204 -1.397 121.978 -1.482
202207 0.643 125.002 0.666
202210 1.046 125.734 1.077
202301 2.659 126.223 2.726
202304 0.660 127.992 0.667
202307 1.356 128.974 1.361
202310 0.767 129.810 0.765
202401 1.988 129.419 1.988

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


Ross Stores  (FRA:RSO) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Ross Stores Cyclically Adjusted Price-to-FCF Related Terms

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


Ross Stores (FRA:RSO) Business Description

Address
5130 Hacienda Drive, Dublin, CA, USA, 94568-7579
Ross Stores operates as an off-price apparel and accessories retailer with the majority of its sales derived from its Ross Dress for Less banner. The firm opportunistically procures excess brand-name merchandise made available via manufacturing overruns and retail liquidation sales at a 20%-60% discount to full prices. As such, its stores are frequently filled with a vast array of stock-keeping units, each with minimal product depth that creates a treasure hunt shopping experience. The firm's more than 1,750 Ross Dress for Less stores are primarily located in densely populated suburban communities and typically serve middle-income consumers. Ross also operates nearly 350 DD's Discounts chains that target lower-income shoppers.

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