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Amazon.com (AMZN) Cyclically Adjusted Price-to-FCF : 172.71 (As of Apr. 27, 2024)


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What is Amazon.com Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Amazon.com's current share price is $179.62. Amazon.com's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.04. Amazon.com's Cyclically Adjusted Price-to-FCF for today is 172.71.

The historical rank and industry rank for Amazon.com's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

AMZN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 80.76   Med: 157.74   Max: 251.59
Current: 166.55

During the past years, Amazon.com's highest Cyclically Adjusted Price-to-FCF was 251.59. The lowest was 80.76. And the median was 157.74.

AMZN's Cyclically Adjusted Price-to-FCF is ranked worse than
96.32% of 435 companies
in the Retail - Cyclical industry
Industry Median: 13.15 vs AMZN: 166.55

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.

Amazon.com's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $2.627. 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 $1.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amazon.com Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Amazon.com'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.

Amazon.com Cyclically Adjusted Price-to-FCF Chart

Amazon.com Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.46 167.16 192.45 112.79 145.71

Amazon.com 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 112.79 145.67 170.52 149.73 145.71

Competitive Comparison of Amazon.com's Cyclically Adjusted Price-to-FCF

For the Internet Retail subindustry, Amazon.com'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.


Amazon.com's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Amazon.com 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.

Amazon.com's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=179.62/1.04
=172.71

* 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.

Amazon.com's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Amazon.com'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)
=2.627/129.4194*129.4194
=2.627

Current CPI (Dec. 2023) = 129.4194.

Amazon.com Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.383 99.695 -0.497
201406 -0.046 100.560 -0.059
201409 0.042 100.428 0.054
201412 0.599 99.070 0.783
201503 -0.255 99.621 -0.331
201506 0.082 100.684 0.105
201509 0.148 100.392 0.191
201512 0.711 99.792 0.922
201603 -0.326 100.470 -0.420
201606 0.193 101.688 0.246
201609 0.291 101.861 0.370
201612 0.806 101.863 1.024
201703 -0.384 102.862 -0.483
201706 0.075 103.349 0.094
201709 0.071 104.136 0.088
201712 0.881 104.011 1.096
201803 -0.491 105.290 -0.604
201806 0.421 106.317 0.512
201809 0.523 106.507 0.636
201812 1.274 105.998 1.556
201903 -0.144 107.251 -0.174
201906 0.552 108.070 0.661
201909 0.317 108.329 0.379
201912 1.415 108.420 1.689
202003 -0.369 108.902 -0.439
202006 1.291 108.767 1.536
202009 0.088 109.815 0.104
202012 1.521 109.897 1.791
202103 -0.767 111.754 -0.888
202106 -0.153 114.631 -0.173
202109 -0.818 115.734 -0.915
202112 0.305 117.630 0.336
202203 -1.744 121.301 -1.861
202206 -0.664 125.017 -0.687
202209 -0.481 125.227 -0.497
202212 1.231 125.222 1.272
202303 -0.910 127.348 -0.925
202306 0.481 128.729 0.484
202309 0.828 129.860 0.825
202312 2.627 129.419 2.627

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.


Amazon.com  (NAS:AMZN) 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.


Amazon.com Cyclically Adjusted Price-to-FCF Related Terms

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


Amazon.com (AMZN) Business Description

Address
410 Terry Avenue North, Seattle, WA, USA, 98109-5210
Amazon is a leading online retailer and one of the highest-grossing e-commerce aggregators, with $386 billion in net sales and approximately $578 billion in estimated physical/digital online gross merchandise volume in 2021. Retail-related revenue represents approximately 80% of the total, followed by Amazon Web Services' cloud computing, storage, database, and other offerings (10%-15%), advertising services (5%), and other. International segments constitute 25%-30% of Amazon's non-AWS sales, led by Germany, the United Kingdom, and Japan.
Executives
Adam Selipsky officer: CEO Amazon Web Services PO BOX 81226, SEATTLE WA 98108
Douglas J Herrington officer: CEO Worldwide Amazon Stores PO BOX 81226, SEATTLE WA 98108
David Zapolsky officer: Senior Vice President PO BOX 81226, SEATTLE WA 98108
Andrew R Jassy director, officer: President and CEO PO BOX 81226, SEATTLE WA 98108-1226
Shelley Reynolds officer: Vice President PO BOX 81226, SEATTLE WA 98108
Brian T Olsavsky officer: Senior Vice President and CFO PO BOX 81226, SEATTLE WA 98108
Daniel P Huttenlocher director ONE RIVERFRONT PLAZA, CORNING NY 14831
Brad D Smith director 1040 13TH AVE, HUNTINGTON WV 25701
Jeffrey P Bezos director, 10 percent owner, officer: Chairman, CEO and President PO BOX 81226, SEATTLE WA 98108-1226
David H Clark officer: Senior Vice President PO BOX 81226, SEATTLE WA 98108
Jonathan Rubinstein director APPLE COMPUTER INC, 1 INFINITE LOOP, CUPERTINO CA 95014
Edith W Cooper director C/O ETSY, INC., 117 ADAMS STREET, BROOKLYN NY 11249
Judith A Mcgrath director PO BOX 81226, SEATTLE WA 98108
Jeffrey A Wilke officer: CEO Worldwide Consumer PO BOX 81226, SEATTLE WA 98108-1226
Patricia Q Stonesifer director PO BOX 81226, SEATTLE WA 98108-1226

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