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Amazon.com (BSP:AMZO34) Cyclically Adjusted Price-to-FCF : 162.66 (As of May. 19, 2024)


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What is Amazon.com Cyclically Adjusted Price-to-FCF?

As of today (2024-05-19), Amazon.com's current share price is R$47.17. Amazon.com's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$0.29. Amazon.com's Cyclically Adjusted Price-to-FCF for today is 162.66.

The historical rank and industry rank for Amazon.com's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:AMZO34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 80.76   Med: 157.78   Max: 251.59
Current: 160.55

During the past years, Amazon.com's highest Cyclically Adjusted Price-to-FCF was 251.59. The lowest was 80.76. And the median was 157.78.

BSP:AMZO34's Cyclically Adjusted Price-to-FCF is ranked worse than
97% of 434 companies
in the Retail - Cyclical industry
Industry Median: 12.745 vs BSP:AMZO34: 160.55

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.

Amazon.com's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$0.095. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is R$0.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amazon.com Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Amazon.com's Cyclically Adjusted Price-to-FCF 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.

Amazon.com Cyclically Adjusted Price-to-FCF Chart

Amazon.com Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.46 167.16 192.45 112.79 145.71

Amazon.com Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 145.67 170.52 149.73 145.71 156.79

Competitive Comparison of Amazon.com's Cyclically Adjusted Price-to-FCF

For the Internet Retail subindustry, Amazon.com'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.


Amazon.com's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Amazon.com Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Amazon.com's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=47.17/0.29
=162.66

* 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.

Amazon.com's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Amazon.com'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)
=0.095/131.7762*131.7762
=0.095

Current CPI (Mar. 2024) = 131.7762.

Amazon.com Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.005 100.560 -0.007
201409 0.005 100.428 0.007
201412 0.079 99.070 0.105
201503 -0.040 99.621 -0.053
201506 0.013 100.684 0.017
201509 0.029 100.392 0.038
201512 0.138 99.792 0.182
201603 -0.060 100.470 -0.079
201606 0.033 101.688 0.043
201609 0.047 101.861 0.061
201612 0.135 101.863 0.175
201703 -0.060 102.862 -0.077
201706 0.012 103.349 0.015
201709 0.011 104.136 0.014
201712 0.145 104.011 0.184
201803 -0.080 105.290 -0.100
201806 0.079 106.317 0.098
201809 0.107 106.507 0.132
201812 0.247 105.998 0.307
201903 -0.028 107.251 -0.034
201906 0.106 108.070 0.129
201909 0.065 108.329 0.079
201912 0.290 108.420 0.352
202003 -0.090 108.902 -0.109
202006 0.335 108.767 0.406
202009 0.024 109.815 0.029
202012 0.391 109.897 0.469
202103 -0.216 111.754 -0.255
202106 -0.038 114.631 -0.044
202109 -0.216 115.734 -0.246
202112 0.086 117.630 0.096
202203 -0.434 121.301 -0.471
202206 -0.168 125.017 -0.177
202209 -0.126 125.227 -0.133
202212 0.323 125.222 0.340
202303 -0.237 127.348 -0.245
202306 0.117 128.729 0.120
202309 0.204 129.860 0.207
202312 0.644 129.419 0.656
202403 0.095 131.776 0.095

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


Amazon.com  (BSP:AMZO34) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Amazon.com Cyclically Adjusted Price-to-FCF Related Terms

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


Amazon.com (BSP:AMZO34) Business Description

Address
410 Terry Avenue North, Seattle, WA, USA, 98109-5210
Amazon is a leading online retailer and one of the highest-grossing e-commerce aggregators, with $386 billion in net sales and approximately $578 billion in estimated physical/digital online gross merchandise volume in 2021. Retail-related revenue represents approximately 80% of the total, followed by Amazon Web Services' cloud computing, storage, database, and other offerings (10%-15%), advertising services (5%), and other. International segments constitute 25%-30% of Amazon's non-AWS sales, led by Germany, the United Kingdom, and Japan.

Amazon.com (BSP:AMZO34) Headlines

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