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Steven Madden (FRA:SJM) Cyclically Adjusted Price-to-FCF : 20.83 (As of Jun. 02, 2024)


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What is Steven Madden Cyclically Adjusted Price-to-FCF?

As of today (2024-06-02), Steven Madden's current share price is €40.20. Steven Madden's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.93. Steven Madden's Cyclically Adjusted Price-to-FCF for today is 20.83.

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

FRA:SJM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.68   Med: 25   Max: 45.77
Current: 20.8

During the past years, Steven Madden's highest Cyclically Adjusted Price-to-FCF was 45.77. The lowest was 12.68. And the median was 25.00.

FRA:SJM's Cyclically Adjusted Price-to-FCF is ranked worse than
55.59% of 367 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 17.95 vs FRA:SJM: 20.80

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.

Steven Madden's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-0.249. 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 €1.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Steven Madden Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Steven Madden'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.

Steven Madden Cyclically Adjusted Price-to-FCF Chart

Steven Madden 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 28.36 23.83 27.32 16.18 19.55

Steven Madden 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 18.38 15.87 15.27 19.55 19.78

Competitive Comparison of Steven Madden's Cyclically Adjusted Price-to-FCF

For the Footwear & Accessories subindustry, Steven Madden'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.


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

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

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



Steven Madden 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=40.20/1.93
=20.83

* 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.

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

For example, Steven Madden'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)
=-0.249/131.7762*131.7762
=-0.249

Current CPI (Mar. 2024) = 131.7762.

Steven Madden Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.326 100.560 0.427
201409 0.014 100.428 0.018
201412 0.631 99.070 0.839
201503 -0.061 99.621 -0.081
201506 0.498 100.684 0.652
201509 -0.085 100.392 -0.112
201512 0.815 99.792 1.076
201603 0.108 100.470 0.142
201606 0.390 101.688 0.505
201609 0.105 101.861 0.136
201612 0.828 101.863 1.071
201703 0.056 102.862 0.072
201706 0.376 103.349 0.479
201709 -0.179 104.136 -0.227
201712 1.171 104.011 1.484
201803 -0.284 105.290 -0.355
201806 0.693 106.317 0.859
201809 -0.014 106.507 -0.017
201812 1.064 105.998 1.323
201903 -0.201 107.251 -0.247
201906 0.767 108.070 0.935
201909 0.223 108.329 0.271
201912 1.528 108.420 1.857
202003 -0.492 108.902 -0.595
202006 1.091 108.767 1.322
202009 -0.632 109.815 -0.758
202012 0.445 109.897 0.534
202103 0.035 111.754 0.041
202106 0.867 114.631 0.997
202109 0.026 115.734 0.030
202112 0.667 117.630 0.747
202203 -0.285 121.301 -0.310
202206 0.698 125.017 0.736
202209 0.282 125.227 0.297
202212 2.404 125.222 2.530
202303 -0.210 127.348 -0.217
202306 1.128 128.729 1.155
202309 -0.134 129.860 -0.136
202312 1.820 129.419 1.853
202403 -0.249 131.776 -0.249

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.


Steven Madden  (FRA:SJM) 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.


Steven Madden Cyclically Adjusted Price-to-FCF Related Terms

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


Steven Madden (FRA:SJM) Business Description

Traded in Other Exchanges
Address
52-16 Barnett Avenue, Long Island City, NY, USA, 11104
Steven Madden Ltd designs and sells brand-name and private-label footwear and accessories. Its products are geared toward fashion-conscious adults and children. The company sells its products through department stores and other retailers as well as its own stores and websites. Nearly all of the company's revenue comes from three of its segments. The wholesale footwear segment accounts for the majority of revenue.