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Bassett Furniture Industries (Bassett Furniture Industries) Cyclically Adjusted FCF per Share : $0.95 (As of Feb. 2024)


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What is Bassett Furniture Industries Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Bassett Furniture Industries's adjusted free cash flow per share for the three months ended in Feb. 2024 was $-1.123. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.95 for the trailing ten years ended in Feb. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Bassett Furniture Industries was 123.50% per year. The lowest was -77.70% per year. And the median was 2.10% per year.

As of today (2024-04-28), Bassett Furniture Industries's current stock price is $13.12. Bassett Furniture Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was $0.95. Bassett Furniture Industries's Cyclically Adjusted Price-to-FCF of today is 13.81.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bassett Furniture Industries was 527.50. The lowest was 8.31. And the median was 21.34.


Bassett Furniture Industries Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Bassett Furniture Industries's Cyclically Adjusted FCF per Share 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.

Bassett Furniture Industries Cyclically Adjusted FCF per Share Chart

Bassett Furniture Industries Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.92 1.13 0.96 1.05

Bassett Furniture Industries Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted FCF per Share 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 0.95 1.00 1.05 1.05 0.95

Competitive Comparison of Bassett Furniture Industries's Cyclically Adjusted FCF per Share

For the Furnishings, Fixtures & Appliances subindustry, Bassett Furniture Industries'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.


Bassett Furniture Industries's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bassett Furniture Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Bassett Furniture Industries's Cyclically Adjusted Price-to-FCF falls into.



Bassett Furniture Industries Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Bassett Furniture Industries's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-1.123/129.4194*129.4194
=-1.123

Current CPI (Feb. 2024) = 129.4194.

Bassett Furniture Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.294 100.373 0.379
201408 0.137 100.352 0.177
201411 0.873 99.635 1.134
201502 -0.453 99.032 -0.592
201505 0.655 100.333 0.845
201508 -0.021 100.548 -0.027
201511 1.680 100.135 2.171
201602 -0.565 100.040 -0.731
201605 0.279 101.355 0.356
201608 0.286 101.617 0.364
201611 1.634 101.829 2.077
201702 -0.330 102.779 -0.416
201705 0.359 103.256 0.450
201708 0.332 103.587 0.415
201711 1.643 104.072 2.043
201802 -0.464 105.052 -0.572
201805 -0.226 106.148 -0.276
201808 0.596 106.383 0.725
201811 1.192 106.338 1.451
201902 -2.031 106.649 -2.465
201905 0.385 108.048 0.461
201908 0.444 108.245 0.531
201911 0.513 108.519 0.612
202002 -0.655 109.139 -0.777
202005 -0.096 108.175 -0.115
202008 2.287 109.662 2.699
202011 1.547 109.793 1.824
202102 0.411 110.968 0.479
202105 0.452 113.576 0.515
202108 -0.208 115.421 -0.233
202111 -0.279 117.269 -0.308
202202 0.045 119.703 0.049
202205 -2.310 123.323 -2.424
202208 -0.861 124.958 -0.892
202211 0.583 125.607 0.601
202302 -0.312 126.928 -0.318
202305 0.202 128.314 0.204
202308 -0.391 129.538 -0.391
202311 0.647 129.548 0.646
202402 -1.123 129.419 -1.123

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Bassett Furniture Industries  (NAS:BSET) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Bassett Furniture Industries's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13.12/0.95
=13.81

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bassett Furniture Industries was 527.50. The lowest was 8.31. And the median was 21.34.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Bassett Furniture Industries Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Bassett Furniture Industries's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Bassett Furniture Industries (Bassett Furniture Industries) Business Description

Traded in Other Exchanges
N/A
Address
3525 Fairystone Park Highway, P.O. Box 626, Bassett, VA, USA, 24055
Bassett Furniture Industries Inc is a manufacturer, importer, and retailer of home furnishings products in the United States. It operates through the following segments: The Wholesale segment focuses on the design, manufacture, sourcing, sale, and distribution of furniture products. The Retail segment consists of company-owned stores.
Executives
Spilman Robert H Jr director, officer: Pres & Chief Executive Officer C/O BASSETT FURNITURE INDUSTRIES INC, PO BOX 626, BASSETT VA 24055
John Michael Daniel officer: V P, Chief Accounting Officer P O BOX 626, 3525 FAIRYSTONE PARK HWY, BASSETT VA 24055
Warden William C Jr director PO BOX 2328, HICKORY NC 28603-2328
David C Baker officer: SVP, Corporate Retail 1012 SHERATON, COURT, MARTINSVILLE VA 24112
Emma S. Battle director 101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101
Virginia W. Hamlet director P.O. BOX 626, BASSETT VA 24055
Wampler William C Jr director 510 CUMBERLAND STREET, BRISTOL VA 24201-4387
Bassett John E Iii officer: vice President Global Sourcing C/O BASSETT FURNITURE INDUSTRIES INC, PO BOX 626, BASSETT VA 24055
John R Belk director BELK INC, 2801 WEST TYVOLA ROAD, CHARLOTTE NC 28217-4500
Stefanie Jane Lucas officer: SVP, Chief Merchandising Offic P.O. BOX 626, BASSETT VA 24055
Kara Ann Kelchner-strong officer: SVP, Customer Experience Offic P.O. BOX 626, BASSETT VA 24055
Mark S Jordan officer: Vice President Upholstery BASSETT FURNITURE INDUSTRIES INC, PO BOX 626, BASSETT VA 24055
Jay R Hervey officer: Vice Pres Sec & Gen Counsel
Bruce Cohenour officer: SR VP/SALES & MERCHANDISING HOOKER FURNITURE CORPORATION, 440 EAST COMMONWEALTH BLVD, MARTINSVILLE VA 24112
Kristina K Cashman director

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