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Indigo Books & Music (TSX:IDG) Cyclically Adjusted Price-to-FCF : 7.29 (As of May. 23, 2024)


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What is Indigo Books & Music Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Indigo Books & Music's current share price is C$2.48. Indigo Books & Music's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$0.34. Indigo Books & Music's Cyclically Adjusted Price-to-FCF for today is 7.29.

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

TSX:IDG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.43   Med: 15.44   Max: 166
Current: 7.27

During the past years, Indigo Books & Music's highest Cyclically Adjusted Price-to-FCF was 166.00. The lowest was 3.43. And the median was 15.44.

TSX:IDG's Cyclically Adjusted Price-to-FCF is ranked better than
72.13% of 427 companies
in the Retail - Cyclical industry
Industry Median: 12.92 vs TSX:IDG: 7.27

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.

Indigo Books & Music's adjusted free cash flow per share data for the three months ended in Dec. 2023 was C$4.592. 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 C$0.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indigo Books & Music Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Indigo Books & Music'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.

Indigo Books & Music Cyclically Adjusted Price-to-FCF Chart

Indigo Books & Music Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 16.16 5.82

Indigo Books & Music Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15.81 5.82 4.72 3.96 5.19

Competitive Comparison of Indigo Books & Music's Cyclically Adjusted Price-to-FCF

For the Specialty Retail subindustry, Indigo Books & Music'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.


Indigo Books & Music's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Indigo Books & Music's Cyclically Adjusted Price-to-FCF falls into.



Indigo Books & Music 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.

Indigo Books & Music's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.48/0.34
=7.29

* 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.

Indigo Books & Music's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Indigo Books & Music's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.592/125.0724*125.0724
=4.592

Current CPI (Dec. 2023) = 125.0724.

Indigo Books & Music Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -4.238 98.604 -5.376
201406 -0.242 99.473 -0.304
201409 -0.135 99.394 -0.170
201412 5.288 98.367 6.724
201503 -3.363 99.789 -4.215
201506 -1.027 100.500 -1.278
201509 -0.153 100.421 -0.191
201512 5.126 99.947 6.415
201603 -3.549 101.054 -4.393
201606 -1.575 102.002 -1.931
201609 0.209 101.765 0.257
201612 4.779 101.449 5.892
201703 -3.214 102.634 -3.917
201706 -1.208 103.029 -1.466
201709 -1.066 103.345 -1.290
201712 4.988 103.345 6.037
201803 -3.702 105.004 -4.410
201806 -2.128 105.557 -2.521
201809 -1.401 105.636 -1.659
201812 4.741 105.399 5.626
201903 -4.307 106.979 -5.035
201906 -0.815 107.690 -0.947
201909 -0.244 107.611 -0.284
201912 6.251 107.769 7.255
202003 -3.247 107.927 -3.763
202006 0.213 108.401 0.246
202009 1.525 108.164 1.763
202012 3.711 108.559 4.275
202103 -4.616 110.298 -5.234
202106 0.447 111.720 0.500
202109 0.228 112.905 0.253
202112 4.778 113.774 5.252
202203 -3.116 117.646 -3.313
202206 -0.917 120.806 -0.949
202209 -0.830 120.648 -0.860
202212 5.910 120.964 6.111
202303 -2.527 122.702 -2.576
202306 -0.976 124.203 -0.983
202309 -0.722 125.230 -0.721
202312 4.592 125.072 4.592

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.


Indigo Books & Music  (TSX:IDG) 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.


Indigo Books & Music Cyclically Adjusted Price-to-FCF Related Terms

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Indigo Books & Music (TSX:IDG) Business Description

Traded in Other Exchanges
Address
620 King Street West, Suite 400, Toronto, ON, CAN, M5V 1M6
Indigo Books & Music Inc is a Canada-based book, gift, and toy retailer. It operates a chain of retail bookstores across all Canada, including approximately 87 superstores under Indigo and Chapters banners names as well as over 80 small format stores under the banners Coles, Indigospirit, SmithBooks, and The Book company. Its digital platforms sell expanded selection of books, gifts, toys, and paper products. It also has interest in Calendar Club of Canada, which operates seasonal kiosks and year-round stores in shopping malls across Canada. The company generates its revenue from Superstores, Small format stores, Online, and Others.

Indigo Books & Music (TSX:IDG) Headlines

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