GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Tempur Sealy International Inc (NYSE:TPX) » Definitions » Cyclically Adjusted FCF per Share

Tempur Sealy International (Tempur Sealy International) Cyclically Adjusted FCF per Share : $1.49 (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Tempur Sealy International 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.

Tempur Sealy International's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.554. 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 $1.49 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tempur Sealy International's average Cyclically Adjusted FCF Growth Rate was 22.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 19.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.00% 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 Tempur Sealy International was 23.50% per year. The lowest was 2.30% per year. And the median was 11.00% per year.

As of today (2024-06-03), Tempur Sealy International's current stock price is $51.36. Tempur Sealy International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.49. Tempur Sealy International's Cyclically Adjusted Price-to-FCF of today is 34.47.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Tempur Sealy International was 49.37. The lowest was 12.35. And the median was 28.67.


Tempur Sealy International Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Tempur Sealy International'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.

Tempur Sealy International Cyclically Adjusted FCF per Share Chart

Tempur Sealy International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.87 1.13 1.18 1.40

Tempur Sealy International 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 1.22 1.30 1.36 1.40 1.49

Competitive Comparison of Tempur Sealy International's Cyclically Adjusted FCF per Share

For the Furnishings, Fixtures & Appliances subindustry, Tempur Sealy International'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.


Tempur Sealy International's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Tempur Sealy International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Tempur Sealy International 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, Tempur Sealy International'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)
=0.554/131.7762*131.7762
=0.554

Current CPI (Mar. 2024) = 131.7762.

Tempur Sealy International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.267 100.560 0.350
201409 0.383 100.428 0.503
201412 0.109 99.070 0.145
201503 -0.088 99.621 -0.116
201506 -0.044 100.684 -0.058
201509 0.457 100.392 0.600
201512 0.343 99.792 0.453
201603 -0.125 100.470 -0.164
201606 0.243 101.688 0.315
201609 0.171 101.861 0.221
201612 0.157 101.863 0.203
201703 0.249 102.862 0.319
201706 -0.023 103.349 -0.029
201709 0.501 104.136 0.634
201712 -0.014 104.011 -0.018
201803 -0.143 105.290 -0.179
201806 -0.034 106.317 -0.042
201809 0.436 106.507 0.539
201812 0.236 105.998 0.293
201903 -0.068 107.251 -0.084
201906 0.086 108.070 0.105
201909 0.601 108.329 0.731
201912 0.410 108.420 0.498
202003 -0.057 108.902 -0.069
202006 0.636 108.767 0.771
202009 1.438 109.815 1.726
202012 0.556 109.897 0.667
202103 0.297 111.754 0.350
202106 0.967 114.631 1.112
202109 1.257 115.734 1.431
202112 0.423 117.630 0.474
202203 0.134 121.301 0.146
202206 -0.498 125.017 -0.525
202209 0.741 125.227 0.780
202212 0.027 125.222 0.028
202303 0.270 127.348 0.279
202306 0.510 128.729 0.522
202309 1.059 129.860 1.075
202312 0.331 129.419 0.337
202403 0.554 131.776 0.554

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


Tempur Sealy International  (NYSE:TPX) 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.

Tempur Sealy International's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=51.36/1.49
=34.47

* 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 Tempur Sealy International was 49.37. The lowest was 12.35. And the median was 28.67.


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.


Tempur Sealy International Cyclically Adjusted FCF per Share Related Terms

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


Tempur Sealy International (Tempur Sealy International) Business Description

Traded in Other Exchanges
Address
1000 Tempur Way, Lexington, KY, USA, 40511
Tempur Sealy International Inc is one of the world's largest bedding providers. The firm develops and distributes bedding products globally through its North America and international segments (Europe, Asia Pacific, and Latin America). Tempur Sealy's products are divided into the bedding and other product categories. The bedding category comprises the majority of net sales. The primary distribution channels of the company within each segment are retail (including furniture and bedding retailers, department stores, and warehouse clubs) and other (including e-commerce platforms, company-owned stores, and third-party distributors). The majority of net sales is derived from retail. Some major brands of the firm include Tempur, Tempur-Pedic, Sealy, and Stearns and Foster.
Executives
Evelyn S Dilsaver director C/O LONGS DRUG STORES CORPORATION, 141 NORTH CIVIC DRIVE, WALNUT CREEK CA 94596
Hansbart Wijnand officer: EVP, INTERNATIONAL 1000 TEMPUR WAY, LEXINGTON KY 40511
David Montgomery officer: Exec VP, Pres of Intl Ops TEMPUR SEALY INTERNATIONAL, INC., 1000 TEMPUR WAY, LEXINGTON KY 40511
Bhaskar Rao officer: CAO & VP of Strategic Planning TEMPUR SEALY INTERNATIONAL, INC., 1000 TEMPUR WAY, LEXINGTON KY 40511
Simon Dyer director 1000 TEMPUR WAY, LEXINGTON KY 40511
Meredith R. Siegfried director C/O SKYWEST, INC., 444 S RIVER ROAD, ST. GEORGE UT 84790
Scott L Thompson director, officer: Chairman, President and CEO 950 ECHO LN STE 100, HOUSTON TX 77024
Thomas A. Murray officer: EVP, CMO U.S. C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Buster H Clifford Iii officer: EVP, Direct to Consumer 1000 TEMPUR WAY, LEXINGTON KY 74135
Scott Vollet officer: EVP, Global Operations 1000, TEMPUR WAY, LEXINGTON KY 40511
Trussell Robert B Jr director TEMPUR SEALY INTERNATIONAL, INC., 1000 TEMPUR WAY, LEXINGTON KY 40511
Steven H Rusing officer: President, U.S. Sales C/O SEALY CORPORATION, ONE OFFICE PARKWAY, TRINITY NC 27370
Arik W Ruchim director 600 CORPORATION DRIVE, PENDLETON IN 46064
Richard W Neu director 1100 WILSON BOULEVARD, SUITE 3000, ARLINGTON VA 22209
John Heil director VCA ANTECH INC, 12401 WEST OLYMPIC BLVD, LOS ANGELES CA 90064