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Target (BUE:TGT) Cyclically Adjusted Price-to-FCF : 19.28 (As of Jun. 07, 2024)


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What is Target Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Target's current share price is ARS7475.50. Target's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 was ARS387.77. Target's Cyclically Adjusted Price-to-FCF for today is 19.28.

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

BUE:TGT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.56   Med: 19.5   Max: 35.28
Current: 16.98

During the past years, Target's highest Cyclically Adjusted Price-to-FCF was 35.28. The lowest was 10.56. And the median was 19.50.

BUE:TGT's Cyclically Adjusted Price-to-FCF is ranked worse than
56.35% of 126 companies
in the Retail - Defensive industry
Industry Median: 15.2 vs BUE:TGT: 16.98

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.

Target's adjusted free cash flow per share data for the three months ended in Apr. 2024 was ARS789.283. 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 ARS387.77 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Target Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Target'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.

Target Cyclically Adjusted Price-to-FCF Chart

Target Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.24 25.14 25.61 20.91 16.64

Target Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 20.21 16.87 13.23 16.64 18.84

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

For the Discount Stores subindustry, Target'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.


Target's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

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

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



Target 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7475.50/387.77
=19.28

* 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.

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

For example, Target'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)
=789.283/131.7762*131.7762
=789.283

Current CPI (Apr. 2024) = 131.7762.

Target Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 7.465 100.520 9.786
201410 0.729 100.176 0.959
201501 26.698 98.604 35.680
201504 17.344 99.824 22.896
201507 12.813 100.691 16.769
201510 8.461 100.346 11.111
201601 40.640 99.957 53.577
201604 -0.924 100.947 -1.206
201607 21.563 101.524 27.988
201610 23.840 101.988 30.803
201701 62.120 102.456 79.897
201704 22.718 103.167 29.018
201707 29.160 103.278 37.206
201710 23.343 104.070 29.558
201801 70.336 104.578 88.629
201804 -11.634 105.708 -14.503
201807 63.597 106.324 78.821
201810 -9.092 106.695 -11.229
201901 122.427 106.200 151.911
201904 -27.659 107.818 -33.805
201907 144.005 108.250 175.302
201910 37.811 108.577 45.890
202001 272.877 108.841 330.379
202004 67.926 108.173 82.747
202007 442.994 109.318 534.005
202010 201.084 109.861 241.198
202101 472.078 110.364 563.667
202104 109.231 112.673 127.751
202107 285.836 115.183 327.014
202110 207.873 116.696 234.736
202201 420.424 118.619 467.056
202204 -557.263 121.978 -602.026
202207 -60.590 125.002 -63.874
202210 -382.528 125.734 -400.909
202301 863.805 126.223 901.808
202304 -129.895 127.992 -133.735
202307 506.740 128.974 517.749
202310 610.571 129.810 619.821
202401 4,250.865 130.124 4,304.826
202404 789.283 131.776 789.283

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.


Target  (BUE:TGT) 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.


Target Cyclically Adjusted Price-to-FCF Related Terms

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


Target (BUE:TGT) Business Description

Address
1000 Nicollet Mall, Minneapolis, MN, USA, 55403
Target serves as the nation's sixth-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a top U.S. retailer.Today, Target operates over 1,900 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.

Target (BUE:TGT) Headlines

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