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Smith & Wesson Brands (Smith & Wesson Brands) Cyclically Adjusted FCF per Share : $1.76 (As of Jan. 2024)


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What is Smith & Wesson Brands 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.

Smith & Wesson Brands's adjusted free cash flow per share for the three months ended in Jan. 2024 was $0.155. 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 $1.76 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Smith & Wesson Brands's average Cyclically Adjusted FCF Growth Rate was -3.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 24.80% 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 Smith & Wesson Brands was 166.80% per year. The lowest was 7.50% per year. And the median was 31.60% per year.

As of today (2024-04-27), Smith & Wesson Brands's current stock price is $17.17. Smith & Wesson Brands's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $1.76. Smith & Wesson Brands's Cyclically Adjusted Price-to-FCF of today is 9.76.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Smith & Wesson Brands was 60.58. The lowest was 4.51. And the median was 12.40.


Smith & Wesson Brands Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Smith & Wesson Brands'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.

Smith & Wesson Brands Cyclically Adjusted FCF per Share Chart

Smith & Wesson Brands Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 1.08 1.64 1.98 1.80

Smith & Wesson Brands Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.82 1.80 1.82 1.77 1.76

Competitive Comparison of Smith & Wesson Brands's Cyclically Adjusted FCF per Share

For the Aerospace & Defense subindustry, Smith & Wesson Brands'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.


Smith & Wesson Brands's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Smith & Wesson Brands's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Smith & Wesson Brands's Cyclically Adjusted Price-to-FCF falls into.



Smith & Wesson Brands 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, Smith & Wesson Brands's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.155/129.4194*129.4194
=0.155

Current CPI (Jan. 2024) = 129.4194.

Smith & Wesson Brands Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.399 100.023 0.516
201407 -0.068 100.520 -0.088
201410 -0.382 100.176 -0.494
201501 0.551 98.604 0.723
201504 1.463 99.824 1.897
201507 0.155 100.691 0.199
201510 -0.078 100.346 -0.101
201601 0.827 99.957 1.071
201604 1.541 100.947 1.976
201607 0.434 101.524 0.553
201610 0.226 101.988 0.287
201701 0.743 102.456 0.939
201704 0.143 103.167 0.179
201707 -0.729 103.278 -0.914
201710 -0.027 104.070 -0.034
201801 0.401 104.578 0.496
201804 1.120 105.708 1.371
201807 0.064 106.324 0.078
201810 -0.259 106.695 -0.314
201901 0.095 106.200 0.116
201904 0.570 107.818 0.684
201907 -0.602 108.250 -0.720
201910 -0.188 108.577 -0.224
202001 0.139 108.841 0.165
202004 2.108 108.173 2.522
202007 1.379 109.318 1.633
202010 0.760 109.861 0.895
202101 1.021 110.364 1.197
202104 2.189 112.673 2.514
202107 2.105 115.183 2.365
202110 -0.167 116.696 -0.185
202201 0.040 118.619 0.044
202204 0.361 121.978 0.383
202207 -0.097 125.002 -0.100
202210 -1.374 125.734 -1.414
202301 -0.395 126.223 -0.405
202304 0.279 127.992 0.282
202307 0.183 128.974 0.184
202310 -0.817 129.810 -0.815
202401 0.155 129.419 0.155

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


Smith & Wesson Brands  (NAS:SWBI) 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.

Smith & Wesson Brands's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=17.17/1.76
=9.76

* 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 Smith & Wesson Brands was 60.58. The lowest was 4.51. And the median was 12.40.


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.


Smith & Wesson Brands Cyclically Adjusted FCF per Share Related Terms

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


Smith & Wesson Brands (Smith & Wesson Brands) Business Description

Traded in Other Exchanges
Address
2100 Roosevelt Avenue, Springfield, MA, USA, 01104
Smith & Wesson Brands Inc is a U.S.-based leader in firearm manufacturing. It operates under one reportable segment: Firearms, which includes firearms distribution and manufacturing services. The company manufactures handguns, long guns, sporting rifles, shooting gear, and suppressor products. The firm's brand portfolio consists of Smith and Wesson, M&P, Thompson/Center Arms, Performance Center, and Gemtech; which are used for defense, law enforcement, hunting, and sporting purposes. The company operates internationally, with the majority of income generated by the U.S. market from its handgun products.
Executives
Robert L Scott director 14500 N. NORTHSIGHT, SUITE 116, SCOTTSDALE AZ 85260
Michelle Lohmeier director C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., WICHITA KS 67210
John B Furman director 1420 COLUMBUS AVENUE, PORTSMOUTH VA 23704
Deana L Mcpherson officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Fred M Diaz director 9614 AMALFI CT, BRENTWOOD TN 37027
Mark Peter Smith officer: See remarks. 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Kevin Alden Maxwell officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Barry M Monheit director
Robert J. Cicero officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Denis Suggs director 7701 FORSYTH BOULEVARD, SUITE 800, ST. LOUIS MO 63105
Michael F Golden officer: President and CEO 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Anita D Britt director 3000 NW 107TH AVENUE, MIAMI FL 33172
Susan Jean Cupero officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Lane A. Tobiassen officer: President, Firearm Division 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Mitchell A Saltz director 14500 NORTH NORTHSIGHT BLVD SUITE 116, SCOTTSDALE AZ 85260