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Johnson Outdoors (Johnson Outdoors) Cyclically Adjusted FCF per Share : $2.24 (As of Mar. 2024)


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What is Johnson Outdoors Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Johnson Outdoors's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-2.274. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $2.24 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Johnson Outdoors's average Cyclically Adjusted FCF Growth Rate was -11.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -8.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -3.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 11.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Johnson Outdoors was 40.80% per year. The lowest was -25.00% per year. And the median was 15.10% per year.

As of today (2024-06-07), Johnson Outdoors's current stock price is $35.31. Johnson Outdoors's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.24. Johnson Outdoors's Cyclically Adjusted Price-to-FCF of today is 15.76.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Johnson Outdoors was 48.58. The lowest was 13.67. And the median was 27.16.


Johnson Outdoors Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Johnson Outdoors's Cyclically Adjusted FCF per Share 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.

Johnson Outdoors Cyclically Adjusted FCF per Share Chart

Johnson Outdoors Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.49 2.86 3.09 2.08 2.16

Johnson Outdoors Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 2.52 2.51 2.16 2.29 2.24

Competitive Comparison of Johnson Outdoors's Cyclically Adjusted FCF per Share

For the Leisure subindustry, Johnson Outdoors'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.


Johnson Outdoors's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Johnson Outdoors's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Johnson Outdoors Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Johnson Outdoors's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-2.274/131.7762*131.7762
=-2.274

Current CPI (Mar. 2024) = 131.7762.

Johnson Outdoors Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 4.727 100.560 6.194
201409 2.376 100.428 3.118
201412 -3.393 99.070 -4.513
201503 -2.890 99.621 -3.823
201506 5.480 100.684 7.172
201509 1.668 100.392 2.189
201512 -3.617 99.792 -4.776
201603 -0.508 100.470 -0.666
201606 6.027 101.688 7.810
201609 1.354 101.861 1.752
201612 -3.746 101.863 -4.846
201703 -1.454 102.862 -1.863
201706 6.964 103.349 8.880
201709 1.707 104.136 2.160
201712 -3.051 104.011 -3.865
201803 -2.792 105.290 -3.494
201806 8.066 106.317 9.998
201809 2.179 106.507 2.696
201812 -4.324 105.998 -5.376
201903 -3.469 107.251 -4.262
201906 8.135 108.070 9.920
201909 2.542 108.329 3.092
201912 -3.227 108.420 -3.922
202003 -0.434 108.902 -0.525
202006 5.060 108.767 6.130
202009 3.140 109.815 3.768
202012 -1.549 109.897 -1.857
202103 -0.608 111.754 -0.717
202106 6.306 114.631 7.249
202109 -0.515 115.734 -0.586
202112 -6.808 117.630 -7.627
202203 -5.060 121.301 -5.497
202206 0.866 125.017 0.913
202209 1.746 125.227 1.837
202212 -2.382 125.222 -2.507
202303 -0.772 127.348 -0.799
202306 5.669 128.729 5.803
202309 -0.659 129.860 -0.669
202312 -3.786 129.419 -3.855
202403 -2.274 131.776 -2.274

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Johnson Outdoors  (NAS:JOUT) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Johnson Outdoors's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=35.31/2.24
=15.76

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Johnson Outdoors was 48.58. The lowest was 13.67. And the median was 27.16.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Johnson Outdoors Cyclically Adjusted FCF per Share Related Terms

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


Johnson Outdoors (Johnson Outdoors) Business Description

Traded in Other Exchanges
N/A
Address
555 Main Street, Racine, WI, USA, 53403
Johnson Outdoors Inc is a manufacturer and marketer of branded seasonal, outdoor recreation products used for fishing from a boat, diving, paddling, hiking and camping. The company has four operating segment: Fishing, Camping, Watercraft Recreation, and Diving. It generates maximum revenue from the Fishing segment which produces and markets products under different brands such as Minn Kota electric motors for quiet trolling or primary propulsion, marine battery chargers and shallow water anchors; Humminbird sonar and GPS equipment for fish finding, navigation and marine cartography; and Cannon downriggers for controlled-depth fishing. Geographically, it derives a majority of revenue from the United States and also has a presence in Europe, Canada, and other regions.
Executives
David W Johnson officer: VP and Chief Financial Officer C/O JOHNSON OUTDOORS INC., 555 MAIN STREET, RACINE WI 53403
Jeffrey M Stutz director 855 EAST MAIN, ZEELAND MI 49464
Fahey John M Jr director C/O NATINAL GEOGRAPHIC, 1146 17TH STREET NW, WASHINTON DC 20036
Liliann Annie Zipfel director 555 MAIN STREET, RACINE WI 53403
Paul Garvin Alexander director 2400 MASSACHUSETTS AVENUE, LEXINGTON MA 02421
Pyle Thomas F Jr director 3500 CORBEN COURT, MADISON WI 53704
Edward F Lang director C/O JOHNSON OUTDOORS INC., 555 MAIN STREET, RACINE WI 53403
Terry E London director 100 PIER 1 PLACE, FORT WORTH TX 76102
Richard Case Sheahan director C/O JOHNSON OUTDOORS INC., 555 MAIN STREET, RACINE WI 53403
William D Perez director
Edward A Stevens director 555 MAIN STREET, RACINE WI 53403
Katherine Button Bell director 10 PICARDY LANE, ST LOUIS MO 63124
Towerview Llc 10 percent owner 460 PARK AVENUE, NEW YORK NY 10022
Johnson Leipold Helen P director, 10 percent owner, officer: Chairman and CEO C/OJ/K MANAGEMENT SERVICES INC, 555 MAIN STREET, RACINE WI 53403-1015
Daniel R Tisch 10 percent owner 460 PARK AVENUE, NEW YORK NY 10022

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