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Williams-Sonoma (FRA:WM1) Cyclically Adjusted FCF per Share : €9.68 (As of Apr. 2024)


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What is Williams-Sonoma 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.

Williams-Sonoma's adjusted free cash flow per share for the three months ended in Apr. 2024 was €2.672. 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 €9.68 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Williams-Sonoma's average Cyclically Adjusted FCF Growth Rate was 25.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 28.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 25.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 18.40% 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 Williams-Sonoma was 102.70% per year. The lowest was -11.90% per year. And the median was 17.70% per year.

As of today (2024-06-10), Williams-Sonoma's current stock price is €271.30. Williams-Sonoma's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 was €9.68. Williams-Sonoma's Cyclically Adjusted Price-to-FCF of today is 28.03.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Williams-Sonoma was 43.32. The lowest was 10.42. And the median was 23.05.


Williams-Sonoma Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Williams-Sonoma'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.

Williams-Sonoma Cyclically Adjusted FCF per Share Chart

Williams-Sonoma 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 3.26 3.87 5.42 6.46 9.14

Williams-Sonoma 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 7.47 7.93 8.35 9.14 9.68

Competitive Comparison of Williams-Sonoma's Cyclically Adjusted FCF per Share

For the Specialty Retail subindustry, Williams-Sonoma'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.


Williams-Sonoma's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Williams-Sonoma 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, Williams-Sonoma'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)
=2.672/131.7762*131.7762
=2.672

Current CPI (Apr. 2024) = 131.7762.

Williams-Sonoma Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 0.271 100.520 0.355
201410 0.527 100.176 0.693
201501 2.444 98.604 3.266
201504 -1.064 99.824 -1.405
201507 0.564 100.691 0.738
201510 0.068 100.346 0.089
201601 3.901 99.957 5.143
201604 -0.981 100.947 -1.281
201607 0.569 101.524 0.739
201610 0.405 101.988 0.523
201701 3.524 102.456 4.532
201704 -0.835 103.167 -1.067
201707 0.309 103.278 0.394
201710 0.246 104.070 0.311
201801 3.228 104.578 4.068
201804 -0.225 105.708 -0.280
201807 0.652 106.324 0.808
201810 0.118 106.695 0.146
201901 3.751 106.200 4.654
201904 -1.496 107.818 -1.828
201907 0.341 108.250 0.415
201910 0.829 108.577 1.006
202001 5.190 108.841 6.284
202004 0.136 108.173 0.166
202007 1.413 109.318 1.703
202010 4.944 109.861 5.930
202101 5.221 110.364 6.234
202104 2.093 112.673 2.448
202107 2.219 115.183 2.539
202110 2.837 116.696 3.204
202201 5.902 118.619 6.557
202204 1.445 121.978 1.561
202207 1.732 125.002 1.826
202210 1.788 125.734 1.874
202301 4.769 126.223 4.979
202304 4.000 127.992 4.118
202307 4.618 128.974 4.718
202310 3.633 129.810 3.688
202401 8.748 130.124 8.859
202404 2.672 131.776 2.672

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


Williams-Sonoma  (FRA:WM1) 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.

Williams-Sonoma's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=271.30/9.68
=28.03

* 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 Williams-Sonoma was 43.32. The lowest was 10.42. And the median was 23.05.


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.


Williams-Sonoma Cyclically Adjusted FCF per Share Related Terms

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


Williams-Sonoma (FRA:WM1) Business Description

Traded in Other Exchanges
Address
3250 Van Ness Avenue, San Francisco, CA, USA, 94109
With a retail and direct-to-consumer presence, Williams-Sonoma is a player in the $300 billion domestic home category, focused on expanding its exposure in the B2B, marketplace, and franchise areas. Namesake Williams-Sonoma (163 stores) offers high-end cooking essentials, while Pottery Barn (191) provides casual home accessories. Brand extensions include Pottery Barn Kids (46) and PBteen. West Elm (123) is an emerging concept for young professionals, and Rejuvenation (10) offers lighting and house parts. Williams-Sonoma also has a business-to-business team that supports projects that range from residential to large-scale commercial.

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