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Pool (POOL) Cyclically Adjusted FCF per Share : $8.06 (As of Mar. 2024)


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What is Pool 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.

Pool's adjusted free cash flow per share for the three months ended in Mar. 2024 was $3.338. 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 $8.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pool's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 28.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 25.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 16.20% 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 Pool was 28.20% per year. The lowest was 6.90% per year. And the median was 15.15% per year.

As of today (2024-04-28), Pool's current stock price is $371.17. Pool's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $8.06. Pool's Cyclically Adjusted Price-to-FCF of today is 46.05.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Pool was 128.05. The lowest was 33.66. And the median was 57.37.


Pool Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Pool'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.

Pool Cyclically Adjusted FCF per Share Chart

Pool Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.84 3.61 4.42 5.53 7.60

Pool Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.97 6.69 7.45 7.60 8.06

Competitive Comparison of Pool's Cyclically Adjusted FCF per Share

For the Industrial Distribution subindustry, Pool'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.


Pool's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Pool's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Pool 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, Pool's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.338/129.4194*129.4194
=3.338

Current CPI (Mar. 2024) = 129.4194.

Pool Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.426 100.560 -0.548
201409 1.902 100.428 2.451
201412 1.839 99.070 2.402
201503 -1.485 99.621 -1.929
201506 -0.144 100.684 -0.185
201509 2.948 100.392 3.800
201512 1.376 99.792 1.785
201603 -1.227 100.470 -1.581
201606 0.316 101.688 0.402
201609 3.533 101.861 4.489
201612 0.431 101.863 0.548
201703 -1.202 102.862 -1.512
201706 -0.565 103.349 -0.708
201709 3.557 104.136 4.421
201712 1.477 104.011 1.838
201803 -1.404 105.290 -1.726
201806 -0.063 106.317 -0.077
201809 2.027 106.507 2.463
201812 1.545 105.998 1.886
201903 0.542 107.251 0.654
201906 1.375 108.070 1.647
201909 3.379 108.329 4.037
201912 1.196 108.420 1.428
202003 0.278 108.902 0.330
202006 4.833 108.767 5.751
202009 4.012 109.815 4.728
202012 0.094 109.897 0.111
202103 1.671 111.754 1.935
202106 2.494 114.631 2.816
202109 4.054 115.734 4.533
202112 -1.489 117.630 -1.638
202203 -5.379 121.301 -5.739
202206 5.646 125.017 5.845
202209 6.836 125.227 7.065
202212 4.127 125.222 4.265
202303 2.236 127.348 2.272
202306 6.620 128.729 6.656
202309 9.237 129.860 9.206
202312 3.132 129.419 3.132
202403 3.338 129.419 3.338

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


Pool  (NAS:POOL) 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.

Pool's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=371.17/8.06
=46.05

* 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 Pool was 128.05. The lowest was 33.66. And the median was 57.37.


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.


Pool Cyclically Adjusted FCF per Share Related Terms

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


Pool (POOL) Business Description

Industry
Traded in Other Exchanges
Address
109 Northpark Boulevard, Covington, LA, USA, 70433-5001
Pool Corp distributes swimming pool supplies and related products. It sells national-brand and private-label products to approximately 120000 customers. The products include non-discretionary pool-maintenance products, like chemicals and replacement parts, as well as pool equipment, like packaged pools (kits to build swimming pools), cleaners, filters, heaters, pumps, and lights. Customers include pool builders and remodelers, independent retail stores, and pool repair and service companies.
Executives
Kristopher Robert Neff officer: Vice President, Strategy & Cor 429 HAMPTON TERRACE, LIBERTYVILLE IL 60048
Jennifer M Neil officer: Secretary SCP POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433
Walker Saik officer: Corporate Controller 5202 CHESTNUT ST, NEW ORLEANS LA 70115
Ilya Mihaly officer: Vice President - Operations & 10703 BEAGLE RUN PL, TAMPA FL 33626
James D Hope director 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Hart Melanie Housey officer: Chief Accounting Officer POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433
Carlos A. Sabater director 1140 ALFONSO AVENUE, CORAL GABLES FL 33146
Peter D Arvan officer: EXECUTIVE VICE PRESIDENT 2537 ST. JAMES DRIVE, UNIT 507, SOUTHPORT NC 28461
Martha S Gervasi director 610 BOWSPRIT LANE, LONGBOAT KEY FL 34228
Perez De La Mesa Manuel J director, officer: President/CEO
Robert C Sledd director 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Mark W Joslin officer: Chief Financial Officer SCP POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433
St Romain Kenneth G officer: Group Vice President POOL CORPORATION, 109 NORTHPARK BLVD, COVINGTON LA 70433
David B. Collier officer: VP OPERATIONS & SUPPLY CHAIN 720 EVENING STAR LN, CASTLE ROCK CO 80108
Arthur D Cook officer: Vice President

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