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Floor & Decor Holdings (Floor & Decor Holdings) Cyclically Adjusted FCF per Share : $0.12 (As of Dec. 2023)


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What is Floor & Decor Holdings 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.

Floor & Decor Holdings's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.271. 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 $0.12 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-04-27), Floor & Decor Holdings's current stock price is $110.93. Floor & Decor Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.12. Floor & Decor Holdings's Cyclically Adjusted Price-to-FCF of today is 924.42.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Floor & Decor Holdings was 1085.00. The lowest was 871.08. And the median was 924.50.


Floor & Decor Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Floor & Decor Holdings'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.

Floor & Decor Holdings Cyclically Adjusted FCF per Share Chart

Floor & Decor Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.12

Floor & Decor Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - 0.12

Competitive Comparison of Floor & Decor Holdings's Cyclically Adjusted FCF per Share

For the Home Improvement Retail subindustry, Floor & Decor Holdings'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.


Floor & Decor Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Floor & Decor Holdings's Cyclically Adjusted Price-to-FCF falls into.



Floor & Decor Holdings 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, Floor & Decor Holdings'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)
=-0.271/129.4194*129.4194
=-0.271

Current CPI (Dec. 2023) = 129.4194.

Floor & Decor Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201112 0.000 95.213 0.000
201212 0.000 96.871 0.000
201309 0.000 98.790 0.000
201312 0.000 98.326 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 0.054 100.470 0.070
201606 0.073 101.688 0.093
201609 0.065 101.861 0.083
201612 -0.040 101.863 -0.051
201703 0.393 102.862 0.494
201706 -0.153 103.349 -0.192
201709 -0.074 104.136 -0.092
201712 -0.060 104.011 -0.075
201803 0.122 105.290 0.150
201806 0.074 106.317 0.090
201809 0.132 106.507 0.160
201812 -0.001 105.998 -0.001
201903 -0.044 107.251 -0.053
201906 0.464 108.070 0.556
201909 0.234 108.329 0.280
201912 -0.569 108.420 -0.679
202003 -0.130 108.902 -0.154
202006 0.421 108.767 0.501
202009 1.216 109.815 1.433
202012 0.314 109.897 0.370
202103 0.515 111.754 0.596
202106 0.647 114.631 0.730
202109 -0.347 115.734 -0.388
202112 -1.798 117.630 -1.978
202203 -0.969 121.301 -1.034
202206 -0.952 125.017 -0.986
202209 -1.015 125.227 -1.049
202212 -0.267 125.222 -0.276
202303 1.029 127.348 1.046
202306 0.803 128.729 0.807
202309 0.813 129.860 0.810
202312 -0.271 129.419 -0.271

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


Floor & Decor Holdings  (NYSE:FND) 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.

Floor & Decor Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=110.93/0.12
=924.42

* 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 Floor & Decor Holdings was 1085.00. The lowest was 871.08. And the median was 924.50.


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.


Floor & Decor Holdings Cyclically Adjusted FCF per Share Related Terms

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


Floor & Decor Holdings (Floor & Decor Holdings) Business Description

Traded in Other Exchanges
Address
2500 Windy Ridge Parkway SE, Atlanta, GA, USA, 30339
Floor & Decor Holdings Inc operates as a specialty retailer in the hard surface flooring market. Its stores offer a range of tile, wood, laminate, and natural stone flooring products, as well as decorative and installation accessories at everyday low prices. It appeals to a variety of customers including professional installers, commercial businesses, Do It Yourself (DIY) customers, and customers who buy the products for professional installation. Geographically, the group has a presence in the US region and also offers its product through an e-commerce site.
Executives
David Victor Christopherson officer: SVP & General Counsel 2233 LAKE PARK DRIVE, STE. 400, SMYRNA GA 30080
Thomas V Taylor director, officer: Chief Executive Officer 2233 LAKE PARK DRIVE, STE. 400, SMYRNA GA 30080
Steven Alan Denny officer: EVP, Store Operations C/O FLOOR & DECOR HOLDINGS, INC., 2500 WINDY RIDGE PARKWAY SE, ATLANTA GA 30339
Melissa Kersey director TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Richard L Sullivan director 2233 LAKE PARK DRIVE, SMYRNA GA 30080
Bryan Langley officer: EVP & Chief Financial Officer C/O FLOOR & DECOR HOLDINGS, INC., 2500 WINDY RIDGE PARKWAY SE, ATLANTA GA 30339
Luke Olson officer: Chief Accounting Officer C/O FLOOR & DECOR HOLDINGS, INC., 2500 WINDY RIDGE PARKWAY SE, ATLANTA GA 30339
Ryan Marshall director 24311 WALDEN CENTER DR, STE 300, BONITA SPRINGS FL 34134
William T Giles director 123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Felicia D Thornton director 250 PARKCENTER BLVD PO BOX 20, BOISE ID 83726
Ersan Sayman officer: EVP - MERCHANDISING C/O FLOOR & DECOR HOLDINGS, INC., 2500 WINDY RIDGE PARKWAY SE, ATLANTA GA 30339
Peter Starrett director
Brian K Robbins officer: EVP-Supply Chain 2233 LAKE PARK DRIVE, SMYRNA GA 30080
Dwight Lamar James director C/O FLOOR & DECOR HOLDINGS, INC., 2500 WINDY RIDGE PARKWAY, SE, ATLANTA GA 30339
Norman Axelrod director