Stock Analysis on Net

Williams-Sonoma Inc. (NYSE:WSM)

This company has been moved to the archive! The financial data has not been updated since May 24, 2024.

Price to FCFE (P/FCFE)

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Free Cash Flow to Equity (FCFE)

Williams-Sonoma Inc., FCFE calculation

US$ in thousands

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12 months ended: Jan 28, 2024 Jan 29, 2023 Jan 30, 2022 Jan 31, 2021 Feb 2, 2020 Feb 3, 2019
Net earnings 949,762 1,127,904 1,126,337 680,714 356,062 333,684
Net noncash charges 562,618 534,725 507,771 491,465 459,190 255,680
Changes in operating assets and liabilities 167,893 (609,807) (262,961) 102,669 (207,958) (3,378)
Net cash provided by operating activities 1,680,273 1,052,822 1,371,147 1,274,848 607,294 585,986
Purchases of property and equipment (188,458) (354,117) (226,517) (169,513) (186,276) (190,102)
Repayment of long-term debt (300,000)
Debt issuance costs (778) (3,645)
Borrowings under revolving line of credit 487,823 100,000 60,000
Repayments under the revolving line of credit (487,823) (100,000) (60,000)
Free cash flow to equity (FCFE) 1,491,815 698,705 843,852 1,101,690 421,018 395,884

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
FCFE Free cash flow to equity is the cash flow available to Williams-Sonoma Inc. equity holders after all operating expenses, interest, and principal payments have been paid and necessary investments in working and fixed capital have been made. Williams-Sonoma Inc. FCFE decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.

Price to FCFE Ratio, Current

Williams-Sonoma Inc., current P/FCFE calculation, comparison to benchmarks

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No. shares of common stock outstanding 64,308,083
Selected Financial Data (US$)
Free cash flow to equity (FCFE) (in thousands) 1,491,815
FCFE per share 23.20
Current share price (P) 287.81
Valuation Ratio
P/FCFE 12.41
Benchmarks
P/FCFE, Competitors1
Amazon.com Inc. 102.69
Home Depot Inc. 20.66
Lowe’s Cos. Inc. 18.42
TJX Cos. Inc. 34.01
P/FCFE, Sector
Consumer Discretionary Distribution & Retail 51.86
P/FCFE, Industry
Consumer Discretionary 37.10

Based on: 10-K (reporting date: 2024-01-28).

1 Click competitor name to see calculations.

If the company P/FCFE is lower then the P/FCFE of benchmark then company is relatively undervalued.
Otherwise, if the company P/FCFE is higher then the P/FCFE of benchmark then company is relatively overvalued.


Price to FCFE Ratio, Historical

Williams-Sonoma Inc., historical P/FCFE calculation, comparison to benchmarks

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Jan 28, 2024 Jan 29, 2023 Jan 30, 2022 Jan 31, 2021 Feb 2, 2020 Feb 3, 2019
No. shares of common stock outstanding1 64,112,265 66,228,239 71,558,874 76,192,973 77,197,681 78,563,968
Selected Financial Data (US$)
Free cash flow to equity (FCFE) (in thousands)2 1,491,815 698,705 843,852 1,101,690 421,018 395,884
FCFE per share3 23.27 10.55 11.79 14.46 5.45 5.04
Share price1, 4 295.05 117.70 148.55 184.00 42.05 59.36
Valuation Ratio
P/FCFE5 12.68 11.16 12.60 12.73 7.71 11.78
Benchmarks
P/FCFE, Competitors6
Amazon.com Inc. 84.16 240.95 55.66 63.35
Home Depot Inc. 20.12 19.60 19.87 15.41 14.99 16.61
Lowe’s Cos. Inc. 18.03 7.08 13.55 12.28 8.69 20.45
TJX Cos. Inc. 28.74 33.59 10.55 19.71 21.79
P/FCFE, Sector
Consumer Discretionary Distribution & Retail 41.58 51.89 59.10 38.09 38.19
P/FCFE, Industry
Consumer Discretionary 30.84 36.19 82.92 32.04 28.99

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).

1 Data adjusted for splits and stock dividends.

2 See details »

3 2024 Calculation
FCFE per share = FCFE ÷ No. shares of common stock outstanding
= 1,491,815,000 ÷ 64,112,265 = 23.27

4 Closing price as at the filing date of Williams-Sonoma Inc. Annual Report.

5 2024 Calculation
P/FCFE = Share price ÷ FCFE per share
= 295.05 ÷ 23.27 = 12.68

6 Click competitor name to see calculations.

Valuation ratio Description The company
P/FCFE Price to free cash flow to equity is cash valuation indicator of stockholders’ equity. Williams-Sonoma Inc. P/FCFE ratio decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.