GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Home Depot Inc (BUE:HD) » Definitions » Cyclically Adjusted FCF per Share

The Home Depot (BUE:HD) Cyclically Adjusted FCF per Share : ARS423.77 (As of Apr. 2024)


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

What is The Home Depot 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.

The Home Depot's adjusted free cash flow per share for the three months ended in Apr. 2024 was ARS16,077.937. 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 ARS423.77 for the trailing ten years ended in Apr. 2024.

During the past 12 months, The Home Depot's average Cyclically Adjusted FCF Growth Rate was 14.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 17.30% 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 The Home Depot was 160.40% per year. The lowest was -1.90% per year. And the median was 17.75% per year.

As of today (2024-06-05), The Home Depot's current stock price is ARS12497.50. The Home Depot's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 was ARS423.77. The Home Depot's Cyclically Adjusted Price-to-FCF of today is 29.49.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of The Home Depot was 46.78. The lowest was 24.07. And the median was 35.84.


The Home Depot Cyclically Adjusted FCF per Share Historical Data

The historical data trend for The Home Depot'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.

The Home Depot Cyclically Adjusted FCF per Share Chart

The Home Depot Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 135.54 147.05 254.81 120.14 472.57

The Home Depot Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 153.69 195.27 334.39 472.57 423.77

Competitive Comparison of The Home Depot's Cyclically Adjusted FCF per Share

For the Home Improvement Retail subindustry, The Home Depot'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.


The Home Depot's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, The Home Depot's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



The Home Depot 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, The Home Depot's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=16077.937/131.7762*131.7762
=16,077.937

Current CPI (Apr. 2024) = 131.7762.

The Home Depot Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 57.247 100.520 75.048
201410 15.102 100.176 19.866
201501 40.755 98.604 54.466
201504 84.120 99.824 111.046
201507 61.211 100.691 80.108
201510 31.610 100.346 41.511
201601 69.516 99.957 91.645
201604 155.278 100.947 202.700
201607 139.077 101.524 180.520
201610 29.666 101.988 38.331
201701 73.137 102.456 94.067
201704 210.081 103.167 268.338
201707 174.282 103.278 222.373
201710 82.634 104.070 104.634
201801 117.624 104.578 148.216
201804 237.904 105.708 296.572
201807 340.930 106.324 422.543
201810 218.370 106.695 269.703
201901 321.597 106.200 399.047
201904 631.121 107.818 771.359
201907 504.682 108.250 614.366
201910 337.954 108.577 410.163
202001 463.695 108.841 561.407
202004 1,233.179 108.173 1,502.253
202007 2,264.176 109.318 2,729.339
202010 598.321 109.861 717.678
202101 144.761 110.364 172.846
202104 1,976.347 112.673 2,311.430
202107 1,124.955 115.183 1,287.017
202110 1,029.534 116.696 1,162.579
202201 927.763 118.619 1,030.668
202204 1,326.132 121.978 1,432.655
202207 1,296.820 125.002 1,367.098
202210 1,192.304 125.734 1,249.597
202301 2,569.878 126.223 2,682.940
202304 3,288.376 127.992 3,385.597
202307 5,936.604 128.974 6,065.574
202310 4,993.193 129.810 5,068.835
202401 12,619.310 130.124 12,779.500
202404 16,077.937 131.776 16,077.937

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


The Home Depot  (BUE:HD) 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.

The Home Depot's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12497.50/423.77
=29.49

* 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 The Home Depot was 46.78. The lowest was 24.07. And the median was 35.84.


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.


The Home Depot Cyclically Adjusted FCF per Share Related Terms

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


The Home Depot (BUE:HD) Business Description

Address
2455 Paces Ferry Road, Atlanta, GA, USA, 30339
Home Depot is the world's largest home improvement specialty retailer, operating more than 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the United States, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of distributor Interline Brands in 2015 allowed Home Depot to enter the maintenance, repair, and operations business, which has been expanded through the tie-up with HD Supply (2020). Moreover, the additions of the Company Store brought textile exposure to the lineup, while Redi Carpet added multifamily flooring.