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Sally Beauty Holdings (Sally Beauty Holdings) Cyclically Adjusted Price-to-FCF : 5.31 (As of Apr. 28, 2024)


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What is Sally Beauty Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Sally Beauty Holdings's current share price is $11.00. Sally Beauty Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.07. Sally Beauty Holdings's Cyclically Adjusted Price-to-FCF for today is 5.31.

The historical rank and industry rank for Sally Beauty Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SBH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.46   Med: 11.16   Max: 32.1
Current: 5.3

During the past years, Sally Beauty Holdings's highest Cyclically Adjusted Price-to-FCF was 32.10. The lowest was 3.46. And the median was 11.16.

SBH's Cyclically Adjusted Price-to-FCF is ranked better than
78.16% of 435 companies
in the Retail - Cyclical industry
Industry Median: 13.15 vs SBH: 5.30

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.

Sally Beauty Holdings's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.188. 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 $2.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sally Beauty Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sally Beauty Holdings'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.

Sally Beauty Holdings Cyclically Adjusted Price-to-FCF Chart

Sally Beauty Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.45 4.91 8.47 6.15 3.99

Sally Beauty 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 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 6.07 7.60 5.96 3.99 6.40

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

For the Specialty Retail subindustry, Sally Beauty 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.


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

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

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



Sally Beauty Holdings 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.

Sally Beauty Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.00/2.07
=5.31

* 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.

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

For example, Sally Beauty 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)
=0.188/129.4194*129.4194
=0.188

Current CPI (Dec. 2023) = 129.4194.

Sally Beauty Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.493 99.695 0.640
201406 0.093 100.560 0.120
201409 0.606 100.428 0.781
201412 0.241 99.070 0.315
201503 0.619 99.621 0.804
201506 -0.005 100.684 -0.006
201509 0.371 100.392 0.478
201512 0.187 99.792 0.243
201603 0.741 100.470 0.955
201606 -0.004 101.688 -0.005
201609 0.442 101.861 0.562
201612 0.427 101.863 0.543
201703 0.342 102.862 0.430
201706 0.340 103.349 0.426
201709 0.744 104.136 0.925
201712 0.635 104.011 0.790
201803 0.472 105.290 0.580
201806 0.649 106.317 0.790
201809 0.553 106.507 0.672
201812 0.219 105.998 0.267
201903 0.307 107.251 0.370
201906 0.606 108.070 0.726
201909 0.639 108.329 0.763
201912 0.183 108.420 0.218
202003 -0.149 108.902 -0.177
202006 1.608 108.767 1.913
202009 1.166 109.815 1.374
202012 0.206 109.897 0.243
202103 0.708 111.754 0.820
202106 0.595 114.631 0.672
202109 1.185 115.734 1.325
202112 -0.281 117.630 -0.309
202203 -0.134 121.301 -0.143
202206 0.266 125.017 0.275
202209 0.694 125.227 0.717
202212 0.274 125.222 0.283
202303 0.069 127.348 0.070
202306 0.287 128.729 0.289
202309 0.824 129.860 0.821
202312 0.188 129.419 0.188

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.


Sally Beauty Holdings  (NYSE:SBH) 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.


Sally Beauty Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Sally Beauty Holdings (Sally Beauty Holdings) Business Description

Traded in Other Exchanges
Address
3001 Colorado Boulevard, Denton, TX, USA, 76210
Sally Beauty Holdings Inc is a professional beauty-products retailer based in the United States. Sally Beauty operates throughout the United States, Puerto Rico, the United Kingdom, Belgium, Canada, Chile, Colombia, Mexico, Peru, France, Ireland, Spain, Germany, and the Netherlands. The company operates through two business segments: Sally Beauty Supply and Beauty Systems Group. Product offerings include hair color and care, hair dryers and hair-styling appliances, nail care, skin care, and others.
Executives
Denise Paulonis director, officer: President & CEO 8000 BENT BRANCH DRIVE, IRVING TX 75063
Lawrence Molloy director 19601 N 27TH AVENUE, PHOENIX AZ 85027
Rachel Rothe Bishop director 2021 SPRING ROAD, SUITE 600, OAKBROOK IL 60523
Jeffrey N Boyer director 100 PIER 1 PLACE, FORT WORTH TX 76102
Susan R Mulder director 3001 COLORADO BLVD., DENTON TX 76210
Scott C Sherman officer: SVP & CHRO 3001 COLORADO BLVD., DENTON TX 76210
Robert R Mcmaster director, other: Chairman of the Board 907-B EAST MAIN STREET, HUMBLE TX 77338-4662
Platz Marlo Michelle Cormier officer: SVP, CFO 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
John A Miller director 3001 COLORADO BLVD, DENTON TX 76210
Marshall E Eisenberg director TWO NORTH LASALLE STREET, CHICAGO IL 60602
Edward W Rabin director 200 WEST MADISON STE.3900, CHICAGO IL 60606
Pamela K Kohn officer: See Remarks 3001 COLORADO BLVD, DENTON TX 76210
Mark Gregory Spinks officer: See Remarks 3001 COLORADO BLVD., DENTON TX 76210
Linda Heasley director 4 BATTERYMARCH PARK, QUINCY MA 02169
John M Henrich officer: See Remarks 3001 COLORADO BLVD, DENTON TX 76210