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Interparfums (XPAR:ITP) Cyclically Adjusted FCF per Share : €0.18 (As of Dec. 2023)


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What is Interparfums 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.

Interparfums's adjusted free cash flow per share data for the fiscal year that ended in Dec. 2023 was €0.462. 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 €0.18 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Interparfums's average Cyclically Adjusted FCF Growth Rate was -5.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -30.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -20.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -3.90% 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 Interparfums was 63.40% per year. The lowest was -30.70% per year. And the median was 3.85% per year.

As of today (2024-05-23), Interparfums's current stock price is € 48.00. Interparfums's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2023 was €0.18. Interparfums's Cyclically Adjusted Price-to-FCF of today is 266.67.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Interparfums was 358.37. The lowest was 20.14. And the median was 53.09.


Interparfums Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Interparfums'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.

Interparfums Cyclically Adjusted FCF per Share Chart

Interparfums 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 0.49 0.54 0.52 0.19 0.18

Interparfums Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.52 - 0.19 - 0.18

Competitive Comparison of Interparfums's Cyclically Adjusted FCF per Share

For the Household & Personal Products subindustry, Interparfums'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.


Interparfums's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Interparfums's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.462/118.3900*118.3900
=0.462

Current CPI (Dec. 2023) = 118.3900.

Interparfums Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.195 99.860 0.231
201512 -1.222 100.040 -1.446
201612 0.603 100.650 0.709
201712 0.423 101.850 0.492
201812 0.693 103.470 0.793
201912 0.665 104.980 0.750
202012 0.602 104.960 0.679
202112 -0.794 107.850 -0.872
202212 0.015 114.160 0.016
202312 0.462 118.390 0.462

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


Interparfums  (XPAR:ITP) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=48.00/0.18
=266.67

* 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 Interparfums was 358.37. The lowest was 20.14. And the median was 53.09.


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.


Interparfums Cyclically Adjusted FCF per Share Related Terms

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


Interparfums (XPAR:ITP) Business Description

Traded in Other Exchanges
Address
10 rue de Solferino, Paris, FRA, 75007
Interparfums is a France-based company that is principally engaged in producing and distributing perfume and cosmetic products under license agreements with luxury brands in the apparel, jewelry, and accessories sectors. The brands include Montblanc, Lanvin, Jimmy Choo, Karl Lagerfeld, Van Cleef & Arpels, Boucheron, Coach, Paul Smith, Repetto, Rochas, and S.T. Dupont. The company outsources the production process to manufacturing partners and distributes the products worldwide. The company generates the majority of its revenue from the overseas market, with Europe, America, and Asia the core markets.