GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Walmart Inc (FRA:WMT) » Definitions » Cyclically Adjusted Price-to-FCF

Walmart (FRA:WMT) Cyclically Adjusted Price-to-FCF : 26.77 (As of Apr. 28, 2024)


View and export this data going back to 1970. Start your Free Trial

What is Walmart Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Walmart's current share price is €56.22. Walmart's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was €2.10. Walmart's Cyclically Adjusted Price-to-FCF for today is 26.77.

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

FRA:WMT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.54   Med: 23.1   Max: 33.02
Current: 26.62

During the past years, Walmart's highest Cyclically Adjusted Price-to-FCF was 33.02. The lowest was 16.54. And the median was 23.10.

FRA:WMT's Cyclically Adjusted Price-to-FCF is ranked worse than
77.6% of 125 companies
in the Retail - Defensive industry
Industry Median: 15.64 vs FRA:WMT: 26.62

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.

Walmart's adjusted free cash flow per share data for the three months ended in Jan. 2024 was €1.221. 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 €2.10 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Walmart Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Walmart'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.

Walmart Cyclically Adjusted Price-to-FCF Chart

Walmart 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 22.65 24.74 22.85 22.27 24.37

Walmart 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 22.27 23.29 23.76 24.55 24.37

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

For the Discount Stores subindustry, Walmart'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.


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

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

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



Walmart 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=56.22/2.1
=26.77

* 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.

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

For example, Walmart'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)
=1.221/129.4194*129.4194
=1.221

Current CPI (Jan. 2024) = 129.4194.

Walmart Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.281 100.023 0.364
201407 0.228 100.520 0.294
201410 0.036 100.176 0.047
201501 0.811 98.604 1.064
201504 0.213 99.824 0.276
201507 0.264 100.691 0.339
201510 0.159 100.346 0.205
201601 0.899 99.957 1.164
201604 0.371 100.947 0.476
201607 0.612 101.524 0.780
201610 0.196 101.988 0.249
201701 0.889 102.456 1.123
201704 0.347 103.167 0.435
201707 0.339 103.278 0.425
201710 0.304 104.070 0.378
201801 0.747 104.578 0.924
201804 0.306 105.708 0.375
201807 0.336 106.324 0.409
201810 0.343 106.695 0.416
201901 0.713 106.200 0.869
201904 0.140 107.818 0.168
201907 0.514 108.250 0.615
201910 0.048 108.577 0.057
202001 0.818 108.841 0.973
202004 0.567 108.173 0.678
202007 1.031 109.318 1.221
202010 0.105 109.861 0.124
202101 0.902 110.364 1.058
202104 0.063 112.673 0.072
202107 0.678 115.183 0.762
202110 0.031 116.696 0.034
202201 0.357 118.619 0.390
202204 -0.815 121.978 -0.865
202207 1.080 125.002 1.118
202210 0.236 125.734 0.243
202301 0.954 126.223 0.978
202304 0.023 127.992 0.023
202307 0.979 128.974 0.982
202310 -0.542 129.810 -0.540
202401 1.221 129.419 1.221

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.


Walmart  (FRA:WMT) 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.


Walmart Cyclically Adjusted Price-to-FCF Related Terms

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


Walmart (FRA:WMT) Business Description

Address
702 S.W. 8th Street, Bentonville, AR, USA, 72716
Walmart serves as the preeminent retailer in the United States, with its strategy predicated on superior operating efficiency and offering the lowest priced goods to consumers to drive robust store traffic and product turnover. Walmart augmented its low-price business strategy by offering a convenient one-stop shopping destination with the opening of its first supercenter in 1988.Today, Walmart operates over 4,700 stores in the United States (5,300 including Sam's Club) and over 10,000 stores globally. Walmart generated over $420 billion in domestic namesake sales last year, with Sam's Club contributing another $84 billion to the firm's top line. Internationally, Walmart generated $100 billion in sales. The company serves around 240 million customers globally each week.

Walmart (FRA:WMT) Headlines

From GuruFocus

Q1 2023 Walmart Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2024 Walmart Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Walmart Inc At Retail and Consumer Summit Transcript

By GuruFocus Research 01-23-2024

Walmart Inc At CES Conference Transcript

By GuruFocus Research 01-23-2024

Q3 2023 Walmart Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024