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Designer Brands (FRA:D9W) Cyclically Adjusted Price-to-FCF : 5.17 (As of Jun. 01, 2024)


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What is Designer Brands Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Designer Brands's current share price is €9.15. Designer Brands's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was €1.77. Designer Brands's Cyclically Adjusted Price-to-FCF for today is 5.17.

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

FRA:D9W' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.18   Med: 12.92   Max: 40.8
Current: 5.19

During the past years, Designer Brands's highest Cyclically Adjusted Price-to-FCF was 40.80. The lowest was 2.18. And the median was 12.92.

FRA:D9W's Cyclically Adjusted Price-to-FCF is ranked better than
88.01% of 367 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 17.95 vs FRA:D9W: 5.19

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.

Designer Brands's adjusted free cash flow per share data for the three months ended in Jan. 2024 was €-0.841. 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 €1.77 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Designer Brands Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Designer Brands'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.

Designer Brands Cyclically Adjusted Price-to-FCF Chart

Designer Brands 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 8.12 7.01 7.07 5.10 4.43

Designer Brands Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 5.10 4.03 4.78 4.74 4.43

Competitive Comparison of Designer Brands's Cyclically Adjusted Price-to-FCF

For the Footwear & Accessories subindustry, Designer Brands'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.


Designer Brands's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Designer Brands's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Designer Brands 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.15/1.77
=5.17

* 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.

Designer Brands's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Designer Brands's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.841/130.1244*130.1244
=-0.841

Current CPI (Jan. 2024) = 130.1244.

Designer Brands Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 -0.089 100.023 -0.116
201407 0.498 100.520 0.645
201410 0.082 100.176 0.107
201501 0.383 98.604 0.505
201504 0.234 99.824 0.305
201507 0.415 100.691 0.536
201510 0.019 100.346 0.025
201601 0.811 99.957 1.056
201604 -0.173 100.947 -0.223
201607 0.278 101.524 0.356
201610 0.312 101.988 0.398
201701 1.023 102.456 1.299
201704 -0.127 103.167 -0.160
201707 0.295 103.278 0.372
201710 0.871 104.070 1.089
201801 0.363 104.578 0.452
201804 0.072 105.708 0.089
201807 0.718 106.324 0.879
201810 0.257 106.695 0.313
201901 0.123 106.200 0.151
201904 -0.317 107.818 -0.383
201907 0.262 108.250 0.315
201910 0.800 108.577 0.959
202001 0.746 108.841 0.892
202004 -0.692 108.173 -0.832
202007 -0.575 109.318 -0.684
202010 -0.370 109.861 -0.438
202101 3.081 110.364 3.633
202104 -0.076 112.673 -0.088
202107 0.981 115.183 1.108
202110 0.661 116.696 0.737
202201 0.048 118.619 0.053
202204 -0.637 121.978 -0.680
202207 0.487 125.002 0.507
202210 0.181 125.734 0.187
202301 2.037 126.223 2.100
202304 0.111 127.992 0.113
202307 1.364 128.974 1.376
202310 0.786 129.810 0.788
202401 -0.841 130.124 -0.841

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.


Designer Brands  (FRA:D9W) 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.


Designer Brands Cyclically Adjusted Price-to-FCF Related Terms

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


Designer Brands (FRA:D9W) Business Description

Traded in Other Exchanges
Address
810 DSW Drive, Columbus, OH, USA, 43219
Designer Brands Inc is a designer, producer and retailer of footwear and accessories. The company operates in three reportable segments: the U.S. Retail segment, the Canada Retail segment, and the Brand Portfolio segment. The U.S. Retail segment operates the DSW Designer Shoe Warehouse banner through its direct-to-consumer U.S. stores and e-commerce site. The Canada Retail segment operates The Shoe Company and DSW banners through its direct-to-consumer Canada stores and e-commerce sites. The Brand Portfolio segment earns revenue from the sale of wholesale products to retailers, commissions for serving retailers as the design and buying agent for products under private labels and the sale of branded products through its direct-to-consumer e-commerce site at www.vincecamuto.com.

Designer Brands (FRA:D9W) Headlines

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