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Carter's (Carter's) Cyclically Adjusted Price-to-FCF : 9.24 (As of May. 15, 2024)


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What is Carter's Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Carter's's current share price is $69.12. Carter's's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $7.48. Carter's's Cyclically Adjusted Price-to-FCF for today is 9.24.

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

CRI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.22   Med: 31.36   Max: 62.57
Current: 9.38

During the past years, Carter's's highest Cyclically Adjusted Price-to-FCF was 62.57. The lowest was 9.22. And the median was 31.36.

CRI's Cyclically Adjusted Price-to-FCF is ranked better than
63.91% of 435 companies
in the Retail - Cyclical industry
Industry Median: 13 vs CRI: 9.38

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.

Carter's's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-1.047. 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 $7.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carter's Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Carter's'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.

Carter's Cyclically Adjusted Price-to-FCF Chart

Carter's 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 28.16 18.35 16.96 12.28 9.88

Carter's 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 11.59 10.63 9.90 9.88 11.32

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

For the Apparel Retail subindustry, Carter's'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.


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

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

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



Carter's 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=69.12/7.48
=9.24

* 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.

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

For example, Carter's'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)
=-1.047/129.4194*129.4194
=-1.047

Current CPI (Mar. 2024) = 129.4194.

Carter's Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.500 100.560 -0.643
201409 -0.578 100.428 -0.745
201412 4.452 99.070 5.816
201503 1.263 99.621 1.641
201506 -1.705 100.684 -2.192
201509 1.765 100.392 2.275
201512 2.609 99.792 3.384
201603 1.989 100.470 2.562
201606 -1.320 101.688 -1.680
201609 0.190 101.861 0.241
201612 4.778 101.863 6.071
201703 1.354 102.862 1.704
201706 0.142 103.349 0.178
201709 -0.151 104.136 -0.188
201712 4.095 104.011 5.095
201803 1.042 105.290 1.281
201806 0.468 106.317 0.570
201809 -2.104 106.507 -2.557
201812 6.966 105.998 8.505
201903 0.609 107.251 0.735
201906 1.151 108.070 1.378
201909 -1.176 108.329 -1.405
201912 6.786 108.420 8.100
202003 -0.516 108.902 -0.613
202006 5.612 108.767 6.678
202009 1.680 109.815 1.980
202012 6.040 109.897 7.113
202103 -1.177 111.754 -1.363
202106 1.839 114.631 2.076
202109 -1.160 115.734 -1.297
202112 6.080 117.630 6.689
202203 -4.250 121.301 -4.534
202206 1.563 125.017 1.618
202209 -3.515 125.227 -3.633
202212 7.804 125.222 8.066
202303 0.764 127.348 0.776
202306 4.196 128.729 4.219
202309 -0.537 129.860 -0.535
202312 8.500 129.419 8.500
202403 -1.047 129.419 -1.047

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.


Carter's  (NYSE:CRI) 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.


Carter's Cyclically Adjusted Price-to-FCF Related Terms

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


Carter's (Carter's) Business Description

Traded in Other Exchanges
Address
3438 Peachtree Road North East, Phipps Tower, Suite 1800, Atlanta, GA, USA, 30326
Carter's Inc makes apparel for babies and children under brand names including Carter's and OshKosh B'gosh. It sells its products through a multi-channel business model, which includes retail stores, eCommerce, and wholesale sales channels, as well as retail omnichannel capabilities in the United States and Canada, which enables it to reach a broad range of consumers around the world. The company operates in three segments; U.S. Retail, U.S. Wholesale, and International. The majority of Carter's sales are in the U.S. and through Carter's brand. The company predominantly sources products through contract manufacturers in Asia. It has multiple distribution centers in the U.S., in addition to distribution centers in Canada and Asia that serve international customers.
Executives
Michael Dennis Casey director, officer: Chairman and CEO 1170 PEACHTREE STREE NE STE 900, ATLANTA GA 30309
Julie D'emilio officer: EVP, Sales 3438 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
Ben Pivar officer: SVP, CIO 3438 PEACHTREE ROAD NE, SUITE 1800, ATLANTA GA 30326
Richard F. Westenberger officer: EVP and CFO 1170 PEACHTREE STREET, SUITE 900, ATLANTA GA 30309
Brian Lynch officer: President, Carter's, Inc. 1170 PEACHTREE ST., ATLANTA GA 30309
Kendra Krugman officer: EVP, Merchandising and Design 3438 PEACHTREE ROAD NE, SUITE 1800, ATLANTA GA 30326
Jeff Jenkins officer: EVP Global Marketing 3438 PEACHTREE ROAD NE, ATLANTA GA 30306
Jill Wilson officer: SVP HR and Talent Development 1170 PEACHTREE ST., ATLANTA GA 30309
William J Montgoris director C/O OFFICEMAX INCORPORATED, 263 SHUMAN BLVD., NAPERVILLE IL 60563
Karen Marie Smith officer: EVP Supply Chain 15960 MEADOW KING WAY, MILTON GA 30004
Stacey Rauch director C/O ASCENA RETAIL GROUP, INC., 933 MACARTHUR BOULEVARD, MAHWAH NJ 07430
Jeffrey Harry Black director ONE CARRIER PLACE, FARMINGTON CT 06032
Rochester Jr. Anderson director 268 LASSITER DRIVE, ELLENWOOD GA 30294
Stephanie Stahl director C/O KNOLL, INC., 1235 WATER STREET, EAST GREENVILLE PA 18041
Scott F. Duggan officer: SVP, Gen Counsel & Secy C/O THE FRESH MARKET, INC., 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408