GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ross Stores Inc (NAS:ROST) » Definitions » Cyclically Adjusted Price-to-FCF

Ross Stores (Ross Stores) Cyclically Adjusted Price-to-FCF : 31.44 (As of Apr. 27, 2024)


View and export this data going back to 1985. Start your Free Trial

What is Ross Stores Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Ross Stores's current share price is $133.61. Ross Stores's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $4.25. Ross Stores's Cyclically Adjusted Price-to-FCF for today is 31.44.

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

ROST' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.7   Med: 41.56   Max: 55.97
Current: 31.13

During the past years, Ross Stores's highest Cyclically Adjusted Price-to-FCF was 55.97. The lowest was 21.70. And the median was 41.56.

ROST's Cyclically Adjusted Price-to-FCF is ranked worse than
77.7% of 435 companies
in the Retail - Cyclical industry
Industry Median: 13.15 vs ROST: 31.13

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.

Ross Stores's adjusted free cash flow per share data for the three months ended in Jan. 2024 was $2.166. 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 $4.25 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ross Stores Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ross Stores'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.

Ross Stores Cyclically Adjusted Price-to-FCF Chart

Ross Stores 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 44.38 37.62 28.62 31.33 33.04

Ross Stores 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 31.33 27.93 28.67 28.24 33.04

Competitive Comparison of Ross Stores's Cyclically Adjusted Price-to-FCF

For the Apparel Retail subindustry, Ross Stores'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.


Ross Stores's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Ross Stores 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=133.61/4.25
=31.44

* 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.

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

For example, Ross Stores'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)
=2.166/129.4194*129.4194
=2.166

Current CPI (Jan. 2024) = 129.4194.

Ross Stores Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.841 100.023 1.088
201407 0.316 100.520 0.407
201410 -0.139 100.176 -0.180
201501 0.715 98.604 0.938
201504 0.746 99.824 0.967
201507 0.221 100.691 0.284
201510 0.196 100.346 0.253
201601 1.201 99.957 1.555
201604 0.976 100.947 1.251
201607 0.613 101.524 0.781
201610 0.449 101.988 0.570
201701 1.155 102.456 1.459
201704 1.142 103.167 1.433
201707 0.477 103.278 0.598
201710 0.707 104.070 0.879
201801 1.082 104.578 1.339
201804 1.040 105.708 1.273
201807 1.186 106.324 1.444
201810 0.866 106.695 1.050
201901 1.345 106.200 1.639
201904 1.130 107.818 1.356
201907 1.159 108.250 1.386
201910 0.491 108.577 0.585
202001 1.697 108.841 2.018
202004 -3.402 108.173 -4.070
202007 3.163 109.318 3.745
202010 4.292 109.861 5.056
202101 1.098 110.364 1.288
202104 1.733 112.673 1.991
202107 1.338 115.183 1.503
202110 0.099 116.696 0.110
202201 0.157 118.619 0.171
202204 -1.508 121.978 -1.600
202207 0.654 125.002 0.677
202210 1.031 125.734 1.061
202301 2.865 126.223 2.938
202304 0.723 127.992 0.731
202307 1.500 128.974 1.505
202310 0.810 129.810 0.808
202401 2.166 129.419 2.166

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.


Ross Stores  (NAS:ROST) 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.


Ross Stores Cyclically Adjusted Price-to-FCF Related Terms

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


Ross Stores (Ross Stores) Business Description

Address
5130 Hacienda Drive, Dublin, CA, USA, 94568-7579
Ross Stores operates as an off-price apparel and accessories retailer with the majority of its sales derived from its Ross Dress for Less banner. The firm opportunistically procures excess brand-name merchandise made available via manufacturing overruns and retail liquidation sales at a 20%-60% discount to full prices. As such, its stores are frequently filled with a vast array of stock-keeping units, each with minimal product depth that creates a treasure hunt shopping experience. The firm's more than 1,750 Ross Dress for Less stores are primarily located in densely populated suburban communities and typically serve middle-income consumers. Ross also operates nearly 350 DD's Discounts chains that target lower-income shoppers.
Executives
Stephen C Brinkley officer: PRESIDENT, OPERATIONS 5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael K Kobayashi officer: SR VP, CIO 5130 HACIENDA DRIVE, DUBLIN CA 94568
Barbara Rentler director, officer: Chief Executive Officer 5130 HACIENDA DRIVE, DUBLIN CA 94568
Brian R. Morrow officer: President, Merchandising 5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael J. Hartshorn officer: S.V.P. Chief Financial Officer 5130 HACIENDA DRIVE, DUBLIN CA 94568
Jeffrey P Burrill officer: SVP, CAO & CORP CONTROLLER 5130 HACIENDA DRIVE, DUBLIN CA 94568
Edward G Cannizzaro director 5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael J Bush director 5130 HACIENDA DRIVE, DUBLIN CA 94568
Adam M Orvos officer: EVP, Chief Financial Officer 5130 HACIENDA DRIVE, DUBLIN CA 94566
George Orban director 5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael Balmuth director, officer: CEO 5130 HACIENDA DRIVE, DUBLIN CA 94568
Travis Marquette officer: GSVP, Chief Financial Officer 2006 ROUTE 130 NORTH, BURLINGTON NJ 08016
Doniel Sutton director C/O MORNINGSTAR, INC., 22 WEST WASHINGTON STREET, CHICAGO IL 60602
Larree M Renda director
Patricia H Mueller director 2481 MANANA DRIVE, DALLAS TX 75220

Ross Stores (Ross Stores) Headlines

From GuruFocus

Q4 2020 Ross Stores Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2021 Ross Stores Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Ross Stores Inc's Dividend Analysis

By GuruFocus Research 12-04-2023

Q3 2023 Ross Stores Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2020 Ross Stores Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2019 Ross Stores Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2020 Ross Stores Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2022 Ross Stores Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024