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Deckers Outdoor (FRA:DO2) Cyclically Adjusted Price-to-FCF : 80.55 (As of Jun. 10, 2024)


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What is Deckers Outdoor Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Deckers Outdoor's current share price is €969.80. Deckers Outdoor's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €12.04. Deckers Outdoor's Cyclically Adjusted Price-to-FCF for today is 80.55.

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

FRA:DO2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.53   Med: 36.61   Max: 82.81
Current: 79.05

During the past years, Deckers Outdoor's highest Cyclically Adjusted Price-to-FCF was 82.81. The lowest was 16.53. And the median was 36.61.

FRA:DO2's Cyclically Adjusted Price-to-FCF is ranked worse than
86.81% of 364 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 17.89 vs FRA:DO2: 79.05

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.

Deckers Outdoor's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-1.565. 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 €12.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Deckers Outdoor Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Deckers Outdoor'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.

Deckers Outdoor Cyclically Adjusted Price-to-FCF Chart

Deckers Outdoor Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.89 46.92 33.70 45.31 71.25

Deckers Outdoor 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 45.31 50.23 45.98 50.43 71.25

Competitive Comparison of Deckers Outdoor's Cyclically Adjusted Price-to-FCF

For the Footwear & Accessories subindustry, Deckers Outdoor'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.


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

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

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



Deckers Outdoor 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=969.80/12.04
=80.55

* 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.

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

For example, Deckers Outdoor'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)
=-1.565/131.7762*131.7762
=-1.565

Current CPI (Mar. 2024) = 131.7762.

Deckers Outdoor Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.779 100.560 -2.331
201409 -4.965 100.428 -6.515
201412 9.864 99.070 13.120
201503 -1.285 99.621 -1.700
201506 -1.358 100.684 -1.777
201509 -8.675 100.392 -11.387
201512 12.857 99.792 16.978
201603 -0.975 100.470 -1.279
201606 -1.763 101.688 -2.285
201609 -7.055 101.861 -9.127
201612 13.248 101.863 17.138
201703 0.680 102.862 0.871
201706 -0.311 103.349 -0.397
201709 -4.725 104.136 -5.979
201712 11.199 104.011 14.189
201803 1.570 105.290 1.965
201806 0.022 106.317 0.027
201809 -5.012 106.507 -6.201
201812 12.939 105.998 16.086
201903 2.181 107.251 2.680
201906 -1.644 108.070 -2.005
201909 -5.601 108.329 -6.813
201912 14.214 108.420 17.276
202003 1.242 108.902 1.503
202006 0.378 108.767 0.458
202009 -1.235 109.815 -1.482
202012 15.342 109.897 18.396
202103 1.858 111.754 2.191
202106 -1.533 114.631 -1.762
202109 -4.496 115.734 -5.119
202112 12.331 117.630 13.814
202203 -2.141 121.301 -2.326
202206 -1.453 125.017 -1.532
202209 -8.317 125.227 -8.752
202212 24.249 125.222 25.518
202303 1.217 127.348 1.259
202306 3.315 128.729 3.393
202309 -1.090 129.860 -1.106
202312 32.816 129.419 33.414
202403 -1.565 131.776 -1.565

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.


Deckers Outdoor  (FRA:DO2) 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.


Deckers Outdoor Cyclically Adjusted Price-to-FCF Related Terms

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


Deckers Outdoor (FRA:DO2) Business Description

Traded in Other Exchanges
Address
250 Coromar Drive, Goleta, CA, USA, 93117
Deckers Outdoor Corp designs and sells casual and performance footwear, apparel, and accessories. Primary brands include UGG, Teva, and Sanuk. The company distributes Most of its products through its wholesale business, but it also has a substantial direct-to-consumer business with its company-owned retail stores and websites. Most sales are in the United States, although the company also has retail stores and distributors throughout Europe, Asia, Canada, and Latin America. Deckers sources its products from independent manufacturers primarily in Asia.

Deckers Outdoor (FRA:DO2) Headlines

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