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Tapestry (BSP:TPRY34) Cyclically Adjusted Price-to-FCF : 14.22 (As of Jun. 09, 2024)


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What is Tapestry Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Tapestry's current share price is R$216.70. Tapestry's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$15.24. Tapestry's Cyclically Adjusted Price-to-FCF for today is 14.22.

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

BSP:TPRY34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.05   Med: 13.91   Max: 25.89
Current: 14.05

During the past years, Tapestry's highest Cyclically Adjusted Price-to-FCF was 25.89. The lowest was 4.05. And the median was 13.91.

BSP:TPRY34's Cyclically Adjusted Price-to-FCF is ranked worse than
52.51% of 438 companies
in the Retail - Cyclical industry
Industry Median: 13.25 vs BSP:TPRY34: 14.05

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.

Tapestry's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$1.676. 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$15.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tapestry Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tapestry'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.

Tapestry Cyclically Adjusted Price-to-FCF Chart

Tapestry Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.94 5.01 15.12 10.28 15.00

Tapestry 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 15.39 15.00 10.10 12.17 15.37

Competitive Comparison of Tapestry's Cyclically Adjusted Price-to-FCF

For the Luxury Goods subindustry, Tapestry'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.


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

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

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



Tapestry 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.

Tapestry's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=216.70/15.24
=14.22

* 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.

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

For example, Tapestry'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)
=1.676/131.7762*131.7762
=1.676

Current CPI (Mar. 2024) = 131.7762.

Tapestry Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.053 100.560 2.690
201409 0.833 100.428 1.093
201412 3.874 99.070 5.153
201503 1.254 99.621 1.659
201506 1.262 100.684 1.652
201509 -0.863 100.392 -1.133
201512 2.732 99.792 3.608
201603 1.191 100.470 1.562
201606 1.569 101.688 2.033
201609 -1.298 101.861 -1.679
201612 3.746 101.863 4.846
201703 1.450 102.862 1.858
201706 2.748 103.349 3.504
201709 -1.668 104.136 -2.111
201712 5.260 104.011 6.664
201803 1.078 105.290 1.349
201806 4.279 106.317 5.304
201809 -1.045 106.507 -1.293
201812 7.436 105.998 9.244
201903 -0.849 107.251 -1.043
201906 1.326 108.070 1.617
201909 -0.955 108.329 -1.162
201912 7.501 108.420 9.117
202003 -2.943 108.902 -3.561
202006 -1.345 108.767 -1.630
202009 1.244 109.815 1.493
202012 11.582 109.897 13.888
202103 3.534 111.754 4.167
202106 5.807 114.631 6.676
202109 -0.215 115.734 -0.245
202112 12.403 117.630 13.895
202203 -1.033 121.301 -1.122
202206 4.355 125.017 4.590
202209 -4.200 125.227 -4.420
202212 11.886 125.222 12.508
202303 1.556 127.348 1.610
202306 7.536 128.729 7.714
202309 1.156 129.860 1.173
202312 16.996 129.419 17.306
202403 1.676 131.776 1.676

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.


Tapestry  (BSP:TPRY34) 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.


Tapestry Cyclically Adjusted Price-to-FCF Related Terms

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


Tapestry (BSP:TPRY34) Business Description

Traded in Other Exchanges
Address
10 Hudson Yards, New York, NY, USA, 10001
Coach, Kate Spade, and Stuart Weitzman are Tapestry's fashion and accessory brands. The firm's products are sold through about 1,400 company-operated stores, wholesale channels, and e-commerce in North America (66% of fiscal 2023 sales), Europe, Asia (29% of fiscal 2023 sales), and elsewhere. Coach (75% of fiscal 2023 sales) is best known for affordable luxury leather products. Kate Spade (21% of fiscal 2023 sales) is known for colorful patterns and graphics. Women's handbags and accessories produced 69% of Tapestry's sales in fiscal 2023. Stuart Weitzman (4% of sales) generates nearly all its revenue from women's footwear. In August 2023, Tapestry agreed to acquire rival Capri and its three brands, Michael Kors, Versace, and Jimmy Choo.

Tapestry (BSP:TPRY34) Headlines

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