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Clarus (FRA:BDO) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is Clarus Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Clarus Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Clarus'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.

Clarus Cyclically Adjusted Price-to-FCF Chart

Clarus 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 - - - - 405.72

Clarus 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 - - 500.57 405.72 -

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

For the Leisure subindustry, Clarus'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.


Clarus's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Clarus's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Clarus 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.

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

For example, Clarus'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)
=-0.446/131.7762*131.7762
=-0.446

Current CPI (Mar. 2024) = 131.7762.

Clarus Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.029 100.560 -0.038
201409 -0.577 100.428 -0.757
201412 0.046 99.070 0.061
201503 -0.104 99.621 -0.138
201506 0.215 100.684 0.281
201509 -0.310 100.392 -0.407
201512 0.229 99.792 0.302
201603 0.012 100.470 0.016
201606 0.123 101.688 0.159
201609 -0.039 101.861 -0.050
201612 -0.035 101.863 -0.045
201703 0.048 102.862 0.061
201706 -0.305 103.349 -0.389
201709 -0.271 104.136 -0.343
201712 0.188 104.011 0.238
201803 0.171 105.290 0.214
201806 0.000 106.317 0.000
201809 -0.018 106.507 -0.022
201812 0.066 105.998 0.082
201903 0.134 107.251 0.165
201906 0.089 108.070 0.109
201909 -0.143 108.329 -0.174
201912 0.076 108.420 0.092
202003 0.064 108.902 0.077
202006 0.304 108.767 0.368
202009 0.138 109.815 0.166
202012 0.152 109.897 0.182
202103 -0.099 111.754 -0.117
202106 0.025 114.631 0.029
202109 -0.466 115.734 -0.531
202112 0.109 117.630 0.122
202203 -0.290 121.301 -0.315
202206 0.056 125.017 0.059
202209 -0.347 125.227 -0.365
202212 0.773 125.222 0.813
202303 0.043 127.348 0.044
202306 0.305 128.729 0.312
202309 -0.034 129.860 -0.035
202312 0.319 129.419 0.325
202403 -0.446 131.776 -0.446

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.


Clarus  (FRA:BDO) 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.


Clarus Cyclically Adjusted Price-to-FCF Related Terms

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


Clarus (FRA:BDO) Business Description

Industry
Traded in Other Exchanges
Address
2084 East 3900 South, Salt Lake City, UT, USA, 84124
Clarus Corp is a designer, developer, manufacturer, and distributor of outdoor equipment and lifestyle products focused on the climb, ski, mountain, sport, and skincare markets. The company operates through the Outdoor segment which includes Black Diamond Equipment, PIEPS, and SKINourishment. Precision Sports segment, formerly known as Sierra segment, which includes Sierra and Barnes, includes two iconic American manufacturers of a wide range of high-performance bullets and ammunition for both rifles and pistols. The adventure segment includes Rhino-Rack and MAXTRAX. It derives the majority of its revenue from the Outdoor segment.

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