Free Cash Flow to The Firm (FCFF)
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
Item | Description | The company |
---|---|---|
FCFF | Free cash flow to the firm is the cash flow available to the Williams-Sonoma Inc. suppliers of capital after all operating expenses have been paid and necessary investments in working and fixed capital have been made. | Williams-Sonoma Inc. FCFF decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level. |
Interest Paid, Net of Tax
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
2 2024 Calculation
Cash paid during the year for interest, tax = Cash paid during the year for interest × EITR
= 837 × 25.40% = 213
Enterprise Value to FCFF Ratio, Current
Selected Financial Data (US$ in thousands) | |
Enterprise value (EV) | 17,246,502) |
Free cash flow to the firm (FCFF) | 1,492,439) |
Valuation Ratio | |
EV/FCFF | 11.56 |
Benchmarks | |
EV/FCFF, Competitors1 | |
Amazon.com Inc. | 56.07 |
Home Depot Inc. | 22.48 |
Lowe’s Cos. Inc. | 25.13 |
TJX Cos. Inc. | 29.04 |
EV/FCFF, Sector | |
Consumer Discretionary Distribution & Retail | 47.55 |
EV/FCFF, Industry | |
Consumer Discretionary | 38.95 |
Based on: 10-K (reporting date: 2024-01-28).
1 Click competitor name to see calculations.
If the company EV/FCFF is lower then the EV/FCFF of benchmark then company is relatively undervalued.
Otherwise, if the company EV/FCFF is higher then the EV/FCFF of benchmark then company is relatively overvalued.
Enterprise Value to FCFF Ratio, Historical
Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | ||
---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||||
Enterprise value (EV)1 | 17,654,317) | 7,427,720) | 9,779,733) | 13,118,520) | 3,113,818) | 4,624,223) | |
Free cash flow to the firm (FCFF)2 | 1,492,439) | 699,298) | 1,147,028) | 1,119,296) | 430,897) | 404,760) | |
Valuation Ratio | |||||||
EV/FCFF3 | 11.83 | 10.62 | 8.53 | 11.72 | 7.23 | 11.42 | |
Benchmarks | |||||||
EV/FCFF, Competitors4 | |||||||
Amazon.com Inc. | — | 45.92 | — | — | 78.83 | 74.39 | |
Home Depot Inc. | 21.94 | 27.17 | 25.12 | 20.22 | 19.11 | 21.30 | |
Lowe’s Cos. Inc. | 24.69 | 19.56 | 19.56 | 14.88 | 20.95 | 18.88 | |
TJX Cos. Inc. | 24.44 | 31.93 | 33.03 | 18.30 | 19.08 | 21.16 | |
EV/FCFF, Sector | |||||||
Consumer Discretionary Distribution & Retail | — | 38.32 | 111.04 | 130.00 | 51.35 | 42.44 | |
EV/FCFF, Industry | |||||||
Consumer Discretionary | — | 32.71 | 50.20 | 59.78 | 45.72 | 30.57 |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
3 2024 Calculation
EV/FCFF = EV ÷ FCFF
= 17,654,317 ÷ 1,492,439 = 11.83
4 Click competitor name to see calculations.
Valuation ratio | Description | The company |
---|---|---|
EV/FCFF | Enterprise value to free cash flow to the firm is whole company valuation indicator. | Williams-Sonoma Inc. EV/FCFF ratio increased from 2022 to 2023 and from 2023 to 2024. |