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Steven Madden (Steven Madden) Cyclically Adjusted Price-to-FCF : 18.83 (As of Apr. 28, 2024)


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What is Steven Madden Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Steven Madden's current share price is $40.48. Steven Madden's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.15. Steven Madden's Cyclically Adjusted Price-to-FCF for today is 18.83.

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

SHOO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.68   Med: 25.1   Max: 45.77
Current: 18.84

During the past years, Steven Madden's highest Cyclically Adjusted Price-to-FCF was 45.77. The lowest was 12.68. And the median was 25.10.

SHOO's Cyclically Adjusted Price-to-FCF is ranked worse than
50.83% of 360 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.255 vs SHOO: 18.84

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.

Steven Madden's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.985. 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 $2.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Steven Madden Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Steven Madden'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.

Steven Madden Cyclically Adjusted Price-to-FCF Chart

Steven Madden 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 28.36 23.83 27.32 16.18 19.55

Steven Madden Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 16.18 18.38 15.87 15.27 19.55

Competitive Comparison of Steven Madden's Cyclically Adjusted Price-to-FCF

For the Footwear & Accessories subindustry, Steven Madden'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.


Steven Madden's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Steven Madden's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Steven Madden 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=40.48/2.15
=18.83

* 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.

Steven Madden's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Steven Madden's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.985/129.4194*129.4194
=1.985

Current CPI (Dec. 2023) = 129.4194.

Steven Madden Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.176 99.695 0.228
201406 0.442 100.560 0.569
201409 0.017 100.428 0.022
201412 0.778 99.070 1.016
201503 -0.066 99.621 -0.086
201506 0.558 100.684 0.717
201509 -0.095 100.392 -0.122
201512 0.887 99.792 1.150
201603 0.120 100.470 0.155
201606 0.438 101.688 0.557
201609 0.118 101.861 0.150
201612 0.873 101.863 1.109
201703 0.060 102.862 0.075
201706 0.422 103.349 0.528
201709 -0.214 104.136 -0.266
201712 1.386 104.011 1.725
201803 -0.351 105.290 -0.431
201806 0.810 106.317 0.986
201809 -0.016 106.507 -0.019
201812 1.211 105.998 1.479
201903 -0.227 107.251 -0.274
201906 0.867 108.070 1.038
201909 0.245 108.329 0.293
201912 1.698 108.420 2.027
202003 -0.544 108.902 -0.646
202006 1.228 108.767 1.461
202009 -0.744 109.815 -0.877
202012 0.541 109.897 0.637
202103 0.042 111.754 0.049
202106 1.044 114.631 1.179
202109 0.030 115.734 0.034
202112 0.754 117.630 0.830
202203 -0.314 121.301 -0.335
202206 0.738 125.017 0.764
202209 0.279 125.227 0.288
202212 2.546 125.222 2.631
202303 -0.225 127.348 -0.229
202306 1.222 128.729 1.229
202309 -0.143 129.860 -0.143
202312 1.985 129.419 1.985

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.


Steven Madden  (NAS:SHOO) 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.


Steven Madden Cyclically Adjusted Price-to-FCF Related Terms

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


Steven Madden (Steven Madden) Business Description

Traded in Other Exchanges
N/A
Address
52-16 Barnett Avenue, Long Island City, NY, USA, 11104
Steven Madden Ltd designs and sells brand-name and private-label footwear and accessories. Its products are geared toward fashion-conscious adults and children. The company sells its products through department stores and other retailers as well as its own stores and websites. Nearly all of the company's revenue comes from three of its segments. The wholesale footwear segment accounts for the majority of revenue.
Executives
Karla Frieders officer: Chief Merchandising Officer C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Peter Migliorini director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Robert Garrett Smith director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Edward R. Rosenfeld director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Peter Allan Davis director C/O STEVEN MADDEN LTD, 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Arian Simone Reed director C/O STEVEN MADDEN LTD, 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Amelia Varela officer: EVP of Wholesale Sales C/O STEVEN MADDEN LTD, 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Awadhesh K Sinha officer: Chief Operating Officer C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Zine Mazouzi officer: Chief Financial Officer C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Maria Teresa Kumar director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Thomas H Schwartz director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Lisa Keith officer: VP and General Counsel 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Arvind Dharia director, officer: Chief Financial Officer C/O STEVEN MADDEN LTD, 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Al Ferrara director 433 LAWNDALE DRIVE, SOUTH SALT LAKE CITY UT 84115
Rose Peabody Lynch director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104