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Shutterfly (Shutterfly) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2024)


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What is Shutterfly Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shutterfly Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shutterfly'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.

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Shutterfly Cyclically Adjusted Price-to-FCF Chart

Shutterfly Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Price-to-FCF
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Shutterfly Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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Competitive Comparison of Shutterfly's Cyclically Adjusted Price-to-FCF

For the Personal Services subindustry, Shutterfly'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.


Shutterfly's Cyclically Adjusted Price-to-FCF Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Shutterfly's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Shutterfly 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.

Shutterfly's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2019 is calculated as:

For example, Shutterfly's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2019 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2019 (Change)*Current CPI (Jun. 2019)
=-1.507/108.0695*108.0695
=-1.507

Current CPI (Jun. 2019) = 108.0695.

Shutterfly Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200909 -0.195 91.120 -0.231
200912 2.096 91.111 2.486
201003 -1.231 91.821 -1.449
201006 -0.057 91.962 -0.067
201009 -0.007 92.162 -0.008
201012 2.420 92.474 2.828
201103 -2.049 94.283 -2.349
201106 -0.404 95.235 -0.458
201109 -0.337 95.727 -0.380
201112 2.610 95.213 2.962
201203 -1.593 96.783 -1.779
201206 -0.157 96.819 -0.175
201209 -0.472 97.633 -0.522
201212 4.150 96.871 4.630
201303 -2.755 98.209 -3.032
201306 -0.130 98.518 -0.143
201309 -0.659 98.790 -0.721
201312 4.428 98.326 4.867
201403 -2.911 99.695 -3.156
201406 -0.450 100.560 -0.484
201409 -0.938 100.428 -1.009
201412 6.244 99.070 6.811
201503 -3.229 99.621 -3.503
201506 -0.032 100.684 -0.034
201509 -1.259 100.392 -1.355
201512 7.335 99.792 7.943
201603 -2.930 100.470 -3.152
201606 -0.452 101.688 -0.480
201609 -0.725 101.861 -0.769
201612 6.443 101.863 6.836
201703 -2.477 102.862 -2.602
201706 -0.013 103.349 -0.014
201709 -1.388 104.136 -1.440
201712 8.212 104.011 8.532
201803 -4.311 105.290 -4.425
201806 -2.938 106.317 -2.986
201809 0.076 106.507 0.077
201812 8.789 105.998 8.961
201903 -5.064 107.251 -5.103
201906 -1.507 108.070 -1.507

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.


Shutterfly  (NAS:SFLY) 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.


Shutterfly Cyclically Adjusted Price-to-FCF Related Terms

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


Shutterfly (Shutterfly) Business Description

Traded in Other Exchanges
N/A
Address
2800 Bridge Parkway, Redwood City, CA, USA, 94065
Shutterfly Inc. is a personal services company that primarily manufactures and retails photo-based products and services for customers in the United States through its portfolio of brands. The company segments its activities into Consumer, Enterprise, and Corporate units. Shutterfly derives the vast majority of its revenue from its Consumer division, which produces and sells professionally bound photo books, greeting and stationary cards, personalized calendars, and prints. These products are all manufactured in the company's facilities located in the United States. Shutterfly also retails photo-based merchandise such as mugs, candles, pillows, and blankets that are manufactured by third-party firms. Substantially all of the company's sales are from the United States.
Executives
Betsy Rafael director 550 MERIDIAN AVENUE, SAN JOSE CA 95126
Ann Mather director
Henry Tayloe Stansbury director 807 11TH AVENUE, SUNNYVALE CA 94089
Michael W Pope officer: SVP & Chief Financial Officer 601 BRANNAN STREET, SAN FRANCISCO CA 94107
Ryan Ohara director, officer: President and CEO 6922 HOLLYWOOD BLVD., 12TH FL, LOS ANGELES CA 90028
William J Lansing director NET PERCEPTIONS, INC, 7700 FRANCE AVENUE SOUTH, EDINA MN 55435
Scott Arnold officer: President, Shutterfly Ent. 6740 SHADY OAK RD, EDEN PRAIRIE MN 55344
Elizabeth P Sartain director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Maureen M. Mericle officer: SVP, Chief Marketing Officer C/O SHUTTERFLY, INC., 2800 BRIDGE PARKWAY, REDWOOD CITY CA 94065
James A Hilt officer: President, Shutterfly Consumer 1 EXPRESS DRIVE, COLUMBUS OH 43230
Michael P Zeisser director
Eva Manolis director C/O SHUTTERFLY, INC., 2800 BRIDGE PARKWAY, REDWOOD CITY CA 94065
Lisa Blackwood-kapral officer: Chief Accounting Officer C/O LYFT, INC., 185 BERRY STREET, SUITE 400, SAN FRANCISCO CA 94107
Jeffrey T Housenbold director, officer: PRESIDENT & CEO 303 2ND STREET, SOUTH TOWER, 8TH FLOOR, SAN FRANCISCO CA 94107
Brian M Regan officer: SVP, Chief Financial Officer C/O TICKETMASTER 8800 WEST SUNSET BLVD. WEST HOLLYWOOD CA 90069

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