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Essilorluxottica (Essilorluxottica) Cyclically Adjusted Price-to-FCF : 31.94 (As of Apr. 27, 2024)


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What is Essilorluxottica Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Essilorluxottica's current share price is $108.59. Essilorluxottica's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $3.40. Essilorluxottica's Cyclically Adjusted Price-to-FCF for today is 31.94.

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

ESLOY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25   Med: 38.88   Max: 58.74
Current: 32.78

During the past 13 years, Essilorluxottica's highest Cyclically Adjusted Price-to-FCF was 58.74. The lowest was 25.00. And the median was 38.88.

ESLOY's Cyclically Adjusted Price-to-FCF is ranked better than
60.26% of 229 companies
in the Medical Devices & Instruments industry
Industry Median: 42.33 vs ESLOY: 32.78

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.

Essilorluxottica's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $4.028. 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 $3.40 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Essilorluxottica Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Essilorluxottica'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.

Essilorluxottica Cyclically Adjusted Price-to-FCF Chart

Essilorluxottica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.77 30.50 38.67 30.66 29.53

Essilorluxottica Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 38.67 - 30.66 - 29.53

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

For the Medical Instruments & Supplies subindustry, Essilorluxottica'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.


Essilorluxottica's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Essilorluxottica's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Essilorluxottica 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=108.59/3.4
=31.94

* 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.

Essilorluxottica's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Essilorluxottica's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=4.028/118.2300*118.2300
=4.028

Current CPI (Dec23) = 118.2300.

Essilorluxottica Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 2.296 99.860 2.718
201512 2.180 100.040 2.576
201612 2.165 100.650 2.543
201712 2.518 101.850 2.923
201812 3.523 103.470 4.026
201912 3.017 104.980 3.398
202012 3.191 104.960 3.594
202112 4.458 107.850 4.887
202212 3.816 114.160 3.952
202312 4.028 118.230 4.028

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.


Essilorluxottica  (OTCPK:ESLOY) 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.


Essilorluxottica Cyclically Adjusted Price-to-FCF Related Terms

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


Essilorluxottica (Essilorluxottica) Business Description

Address
147, Rue de Paris, Charenton-Le-Pont, Paris, FRA, 94220
EssilorLuxottica is a combination of the leading manufacturer of premium frames and sunglasses and the leading manufacturer of optical lenses. Both companies are significantly larger than the next biggest player in their respective fields and command over 15% of the fragmented global eyewear market. The company has a broad geographical presence, with around 36% of sales in Europe, 47% in North America, and the rest in Asia and Latin America.

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