GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Culp Inc (NYSE:CULP) » Definitions » Cyclically Adjusted Price-to-FCF

Culp (CULP) Cyclically Adjusted Price-to-FCF : 5.08 (As of Jun. 09, 2024)


View and export this data going back to 1983. Start your Free Trial

What is Culp Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Culp's current share price is $4.32. Culp's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $0.85. Culp's Cyclically Adjusted Price-to-FCF for today is 5.08.

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

CULP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.59   Med: 16.84   Max: 34.54
Current: 5.1

During the past years, Culp's highest Cyclically Adjusted Price-to-FCF was 34.54. The lowest was 3.59. And the median was 16.84.

CULP's Cyclically Adjusted Price-to-FCF is ranked better than
88.19% of 364 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.425 vs CULP: 5.10

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.

Culp's adjusted free cash flow per share data for the three months ended in Jan. 2024 was $-0.222. 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 $0.85 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Culp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Culp'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.

Culp Cyclically Adjusted Price-to-FCF Chart

Culp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.91 6.50 11.92 6.27 5.50

Culp 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 5.17 5.50 6.05 6.25 5.86

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

For the Textile Manufacturing subindustry, Culp'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.


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

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

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



Culp 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.32/0.85
=5.08

* 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.

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

For example, Culp'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)
=-0.222/130.1244*130.1244
=-0.222

Current CPI (Jan. 2024) = 130.1244.

Culp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.532 100.023 0.692
201407 0.139 100.520 0.180
201410 0.624 100.176 0.811
201501 0.247 98.604 0.326
201504 0.252 99.824 0.328
201507 -0.183 100.691 -0.236
201510 0.659 100.346 0.855
201601 0.179 99.957 0.233
201604 0.701 100.947 0.904
201607 0.246 101.524 0.315
201610 0.614 101.988 0.783
201701 0.376 102.456 0.478
201704 0.539 103.167 0.680
201707 0.011 103.278 0.014
201710 0.402 104.070 0.503
201801 0.773 104.578 0.962
201804 0.368 105.708 0.453
201807 -0.214 106.324 -0.262
201810 0.573 106.695 0.699
201901 0.050 106.200 0.061
201904 0.442 107.818 0.533
201907 0.088 108.250 0.106
201910 0.383 108.577 0.459
202001 -0.840 108.841 -1.004
202004 0.405 108.173 0.487
202007 0.820 109.318 0.976
202010 0.859 109.861 1.017
202101 -0.269 110.364 -0.317
202104 -0.203 112.673 -0.234
202107 -0.031 115.183 -0.035
202110 -0.394 116.696 -0.439
202201 -1.018 118.619 -1.117
202204 -0.448 121.978 -0.478
202207 0.376 125.002 0.391
202210 0.042 125.734 0.043
202301 -0.174 126.223 -0.179
202304 0.220 127.992 0.224
202307 -0.401 128.974 -0.405
202310 -0.120 129.810 -0.120
202401 -0.222 130.124 -0.222

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.


Culp  (NYSE:CULP) 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.


Culp Cyclically Adjusted Price-to-FCF Related Terms

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


Culp (CULP) Business Description

Traded in Other Exchanges
Address
1823 Eastchester Drive, High Point, NC, USA, 27265
Culp Inc manufactures, sources, and markets mattress fabrics and sewn covers used for covering mattresses and box springs and upholstery fabrics including cut and sewn kits used in the production of upholstered furniture. The company has two operating segments Mattress fabrics and Upholstery fabrics. The mattress fabrics segment, also known as Culp Home Fashions, manufactures and markets mattress fabrics and mattress covers to bedding manufacturers. The upholstery fabrics segment markets fabrics for residential and commercial furniture, including jacquard woven fabrics, velvets, micro denier suedes, woven dobbies, knitted fabrics, piece-dyed woven products, and polyurethane leather look fabrics.
Executives
Jonathan Lee Kelly director 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Kimberly Bullock Gatling director 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Thomas Bruno officer: President, Culp Home Fashions 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
John Allen Baugh director 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Gallagher Thomas Bernard Jr officer: Chief Accounting Officer 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Perry E Davis director NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Fred A Jackson director C/O FUDDICK CORP, 301 S TRYON ST STE 1800, CHARLOTTE NC 28202
Teresa Atkins Huffman officer: Senior VP, Human Resources 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Sharon A Decker director 4100 COCA COLA PLAZA, CHARLOTTE NC 28211
Franklin N Saxon director, officer: President and COO 8508 MAHALA DR, HIGH POINT NC 27265
Culp Robert George Iv officer: President, CHF division 101 SOUTH MAIN STREET, HIGH POINT NC 27260
Kenneth W Mcallister director 220 CASCADE DR, HIGH POINT NC 27265
Ashley Carter Durbin officer: VP, General Counsel, Secretary 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Cassandra J Brown officer: President, Culp Home Fashions 7209 HWY 158, STOKESDALE NC 27357
Culp Robert G Iii director, 10 percent owner, officer: Chairman and CEO 903 FORREST HILL DR, HIGH POINT NC 27262