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Target (MIL:1TGT) Cyclically Adjusted Price-to-FCF : 16.16 (As of May. 26, 2024)


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What is Target Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Target's current share price is €132.98. Target's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 was €8.23. Target's Cyclically Adjusted Price-to-FCF for today is 16.16.

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

MIL:1TGT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.56   Med: 19.51   Max: 35.28
Current: 16.99

During the past years, Target's highest Cyclically Adjusted Price-to-FCF was 35.28. The lowest was 10.56. And the median was 19.51.

MIL:1TGT's Cyclically Adjusted Price-to-FCF is ranked worse than
54.76% of 126 companies
in the Retail - Defensive industry
Industry Median: 15.465 vs MIL:1TGT: 16.99

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.

Target's adjusted free cash flow per share data for the three months ended in Apr. 2024 was €0.858. 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 €8.23 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Target Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Target'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.

Target Cyclically Adjusted Price-to-FCF Chart

Target 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 18.24 25.14 25.61 20.91 16.64

Target Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 20.21 16.87 13.23 16.64 18.84

Competitive Comparison of Target's Cyclically Adjusted Price-to-FCF

For the Discount Stores subindustry, Target'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.


Target's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

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

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



Target 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=132.98/8.23
=16.16

* 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.

Target's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Target's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=0.858/131.7762*131.7762
=0.858

Current CPI (Apr. 2024) = 131.7762.

Target Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 0.676 100.520 0.886
201410 0.068 100.176 0.089
201501 2.661 98.604 3.556
201504 1.800 99.824 2.376
201507 1.268 100.691 1.659
201510 0.789 100.346 1.036
201601 2.708 99.957 3.570
201604 -0.055 100.947 -0.072
201607 1.299 101.524 1.686
201610 1.411 101.988 1.823
201701 3.663 102.456 4.711
201704 1.376 103.167 1.758
201707 1.420 103.278 1.812
201710 1.123 104.070 1.422
201801 2.939 104.578 3.703
201804 -0.472 105.708 -0.588
201807 1.885 106.324 2.336
201810 -0.192 106.695 -0.237
201901 2.851 106.200 3.538
201904 -0.569 107.818 -0.695
201907 3.025 108.250 3.682
201910 0.594 108.577 0.721
202001 4.107 108.841 4.972
202004 0.969 108.173 1.180
202007 5.466 109.318 6.589
202010 2.242 109.861 2.689
202101 4.610 110.364 5.504
202104 0.995 112.673 1.164
202107 2.525 115.183 2.889
202110 1.814 116.696 2.048
202201 3.620 118.619 4.022
202204 -4.644 121.978 -5.017
202207 -0.475 125.002 -0.501
202210 -2.636 125.734 -2.763
202301 4.533 126.223 4.732
202304 -0.670 127.992 -0.690
202307 1.785 128.974 1.824
202310 1.652 129.810 1.677
202401 4.827 130.124 4.888
202404 0.858 131.776 0.858

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.


Target  (MIL:1TGT) 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.


Target Cyclically Adjusted Price-to-FCF Related Terms

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


Target (MIL:1TGT) Business Description

Address
1000 Nicollet Mall, Minneapolis, MN, USA, 55403
Target serves as the nation's sixth-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a top U.S. retailer.Today, Target operates over 1,900 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.

Target (MIL:1TGT) Headlines

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