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Ulta Beauty (WBO:ULTA) Cyclically Adjusted Price-to-FCF : (As of May. 31, 2024)


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What is Ulta Beauty Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ulta Beauty Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ulta Beauty'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.

Ulta Beauty Cyclically Adjusted Price-to-FCF Chart

Ulta Beauty 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 60.14 50.59 49.00 50.92 40.74

Ulta Beauty Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 51.93 41.23 35.88 40.74 -

Competitive Comparison of Ulta Beauty's Cyclically Adjusted Price-to-FCF

For the Specialty Retail subindustry, Ulta Beauty'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.


Ulta Beauty's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Ulta Beauty 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.

Ulta Beauty's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Ulta Beauty's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=1.318/131.7762*131.7762
=1.318

Current CPI (Apr. 2024) = 131.7762.

Ulta Beauty Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 0.052 100.520 0.068
201410 -0.798 100.176 -1.050
201501 2.316 98.604 3.095
201504 0.167 99.824 0.220
201507 -0.327 100.691 -0.428
201510 -0.991 100.346 -1.301
201601 2.299 99.957 3.031
201604 1.566 100.947 2.044
201607 -0.613 101.524 -0.796
201610 -0.409 101.988 -0.528
201701 3.290 102.456 4.231
201704 1.476 103.167 1.885
201707 -1.004 103.278 -1.281
201710 -0.488 104.070 -0.618
201801 4.644 104.578 5.852
201804 2.716 105.708 3.386
201807 0.614 106.324 0.761
201810 0.572 106.695 0.706
201901 5.173 106.200 6.419
201904 3.015 107.818 3.685
201907 1.469 108.250 1.788
201910 0.317 108.577 0.385
202001 7.657 108.841 9.271
202004 -1.073 108.173 -1.307
202007 0.072 109.318 0.087
202010 3.058 109.861 3.668
202101 7.480 110.364 8.931
202104 4.398 112.673 5.144
202107 0.747 115.183 0.855
202110 -0.594 116.696 -0.671
202201 9.590 118.619 10.654
202204 6.256 121.978 6.759
202207 1.230 125.002 1.297
202210 -1.001 125.734 -1.049
202301 14.544 126.223 15.184
202304 3.526 127.992 3.630
202307 0.525 128.974 0.536
202310 -3.407 129.810 -3.459
202401 18.681 130.124 18.918
202404 1.318 131.776 1.318

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.


Ulta Beauty  (WBO:ULTA) 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.


Ulta Beauty Cyclically Adjusted Price-to-FCF Related Terms

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


Ulta Beauty (WBO:ULTA) Business Description

Traded in Other Exchanges
Address
1000 Remington Boulevard, Suite 120, Bolingbrook, IL, USA, 60440
With 1,355 stores at the end of fiscal 2022 and a partnership with Target, Ulta Beauty is the largest specialized beauty retailer in the U.S. The firm offers makeup (42% of 2022 sales), fragrances, skin care, and hair care products (21% of 2022 sales), and bath and body items. Ulta offers private-label products and merchandise from more than 500 vendors. It also offers salon services, including hair, makeup, skin, and brow services, in all stores. Most Ulta stores are approximately 10,000 square feet and are in suburban strip centers. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.

Ulta Beauty (WBO:ULTA) Headlines