GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Signet Jewelers Ltd (LTS:0P6A) » Definitions » Cyclically Adjusted FCF per Share

Signet Jewelers (LTS:0P6A) Cyclically Adjusted FCF per Share : €4.01 (As of Jan. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Signet Jewelers 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.

Signet Jewelers's adjusted free cash flow per share for the three months ended in Jan. 2024 was €12.380. 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 €4.01 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Signet Jewelers's average Cyclically Adjusted FCF Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 25.40% 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 Signet Jewelers was 44.90% per year. The lowest was -5.90% per year. And the median was 12.60% per year.

As of today (2024-05-19), Signet Jewelers's current stock price is €30.9742. Signet Jewelers's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was €4.01. Signet Jewelers's Cyclically Adjusted Price-to-FCF of today is 7.72.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Signet Jewelers was 76.15. The lowest was 0.95. And the median was 8.96.


Signet Jewelers Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Signet Jewelers'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.

Signet Jewelers Cyclically Adjusted FCF per Share Chart

Signet Jewelers 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 6.29 6.62 3.89 4.77 4.01

Signet Jewelers Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4.77 4.72 4.43 5.26 4.01

Competitive Comparison of Signet Jewelers's Cyclically Adjusted FCF per Share

For the Luxury Goods subindustry, Signet Jewelers'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.


Signet Jewelers's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Signet Jewelers 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, Signet Jewelers's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=12.38/130.1244*130.1244
=12.380

Current CPI (Jan. 2024) = 130.1244.

Signet Jewelers Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.409 100.023 0.532
201407 0.447 100.520 0.579
201410 -2.797 100.176 -3.633
201501 2.706 98.604 3.571
201504 0.278 99.824 0.362
201507 0.997 100.691 1.288
201510 -2.172 100.346 -2.817
201601 3.480 99.957 4.530
201604 0.841 100.947 1.084
201607 1.560 101.524 1.999
201610 -0.529 101.988 -0.675
201701 2.858 102.456 3.630
201704 0.008 103.167 0.010
201707 3.732 103.278 4.702
201710 14.331 104.070 17.919
201801 3.651 104.578 4.543
201804 0.025 105.708 0.031
201807 6.023 106.324 7.371
201810 -2.980 106.695 -3.634
201901 5.830 106.200 7.143
201904 1.394 107.818 1.682
201907 1.960 108.250 2.356
201910 -3.075 108.577 -3.685
202001 6.938 108.841 8.295
202004 -0.272 108.173 -0.327
202007 2.473 109.318 2.944
202010 6.894 109.861 8.166
202101 11.361 110.364 13.395
202104 2.020 112.673 2.333
202107 3.749 115.183 4.235
202110 0.096 116.696 0.107
202201 9.605 118.619 10.537
202204 -2.966 121.978 -3.164
202207 -0.293 125.002 -0.305
202210 -1.619 125.734 -1.676
202301 10.649 126.223 10.978
202304 -6.843 127.992 -6.957
202307 1.668 128.974 1.683
202310 0.291 129.810 0.292
202401 12.380 130.124 12.380

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


Signet Jewelers  (LTS:0P6A) 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.

Signet Jewelers's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=30.9742/4.01
=7.72

* 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 Signet Jewelers was 76.15. The lowest was 0.95. And the median was 8.96.


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.


Signet Jewelers Cyclically Adjusted FCF per Share Related Terms

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


Signet Jewelers (LTS:0P6A) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM11
Signet Jewelers Ltd is a retailer of diamond jewelry. Its merchandise mix includes bridal, fashion, watches and others. The bridal category includes engagement, wedding and anniversary purchases. Its segments are the North America segment, the International segment, and the Other segment. The North America segment contributes to the majority of the revenue.

Signet Jewelers (LTS:0P6A) Headlines

No Headlines