GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Levi Strauss & Co (NYSE:LEVI) » Definitions » Cyclically Adjusted FCF per Share

Levi Strauss (Levi Strauss) Cyclically Adjusted FCF per Share : $0.71 (As of Feb. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Levi Strauss 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.

Levi Strauss's adjusted free cash flow per share data for the fiscal year that ended in Nov. 2023 was $0.299. 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 $0.71 for the trailing ten years ended in Nov. 2023.

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.

As of today (2024-06-04), Levi Strauss's current stock price is $ 23.75. Levi Strauss's Cyclically Adjusted FCF per Share for the fiscal year that ended in Nov. 2023 was $0.71. Levi Strauss's Cyclically Adjusted Price-to-FCF of today is 33.45.

During the past 10 years, the highest Cyclically Adjusted Price-to-FCF of Levi Strauss was 33.82. The lowest was 21.17. And the median was 22.85.


Levi Strauss Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Levi Strauss'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.

Levi Strauss Cyclically Adjusted FCF per Share Chart

Levi Strauss Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.71

Levi Strauss Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - 0.71 -

Competitive Comparison of Levi Strauss's Cyclically Adjusted FCF per Share

For the Apparel Manufacturing subindustry, Levi Strauss'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.


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

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

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



Levi Strauss 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, Levi Strauss's adjusted Free Cash Flow per Share data for the fiscal year that ended in Nov. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=0.299/129.5481*129.5481
=0.299

Current CPI (Nov. 2023) = 129.5481.

Levi Strauss Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201411 0.406 99.635 0.528
201511 0.289 100.135 0.374
201611 0.528 101.829 0.672
201711 1.036 104.072 1.290
201811 0.664 106.338 0.809
201911 0.580 108.519 0.692
202011 0.854 109.793 1.008
202111 1.427 117.269 1.576
202211 -0.100 125.607 -0.103
202311 0.299 129.548 0.299

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


Levi Strauss  (NYSE:LEVI) 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.

Levi Strauss's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=23.75/0.71
=33.45

* 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 10 years, the highest Cyclically Adjusted Price-to-FCF of Levi Strauss was 33.82. The lowest was 21.17. And the median was 22.85.


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.


Levi Strauss Cyclically Adjusted FCF per Share Related Terms

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


Levi Strauss (Levi Strauss) Business Description

Address
1155 Battery Street, San Francisco, CA, USA, 94111
Levi Strauss & Co is involved in designing, marketing, and selling products that include jeans, casual and dresses pants, tops, shorts, skirts, jackets, footwear, and related accessories directly or through third parties and licensees for men, women, and children under Levi's, Dockers, Signature by Levi Strauss & Co. and Denizen brands. The company manages its business according to three regional segments: the Americas, which is the key revenue driver; Europe; and Asia.
Executives
Elizabeth T O'neill officer: EVP & Pres.Prod., Innov. Supp. C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Tracy Layney officer: EVP and Chief HR Officer C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
David Jedrzejek officer: SVP and General Counsel C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Seth Jaffe officer: EVP & General Counsel 3250 VAN NESS AVE, SAN FRANCISCO CA 94109
Margaret E. Haas 10 percent owner C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Lisa Stirling officer: Chief Accounting Officer C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Michelle Gass director, officer: President 2401 UTAH AVE. S., SUITE 800, SEATTLE WA 98134
Seth M. Ellison officer: EVP & President, Europe C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Jennifer A. Sey officer: Brand President C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
David A Friedman director C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Patricia Salas Pineda director C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Elizabeth H Eisenhardt 10 percent owner 1155 BATTERY ST, C/O ARGONAUT SECURITIES CO., SAN FRANCISCO CA 94111
Jennifer C. Haas 10 percent owner C/O ARGONAUT SECURITIES COMPANY, 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Bradley J. Haas 10 percent owner C/O ARGONAUT SECURITIES COMPANY, 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Haas Peter E. Jr. director, 10 percent owner C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111