Enterprise Value to FCFF (EV/FCFF)
Free Cash Flow to The Firm (FCFF)
lululemon athletica inc., FCFF calculation
US$ in thousands
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 lululemon athletica inc. suppliers of capital after all operating expenses have been paid and necessary investments in working and fixed capital have been made. | lululemon athletica inc. FCFF decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level. |
Interest Paid, Net of Tax
lululemon athletica inc., interest paid, net of tax calculation
US$ in thousands
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
Interest paid, tax = Interest paid × EITR
= 234 × 28.80% = 67
Enterprise Value to FCFF Ratio, Current
lululemon athletica inc., current EV/FCFF calculation, comparison to benchmarks
| Selected Financial Data (US$ in thousands) | |
| Enterprise value (EV) | 40,600,200) |
| Free cash flow to the firm (FCFF) | 1,644,466) |
| Valuation Ratio | |
| EV/FCFF | 24.69 |
| Benchmarks | |
| EV/FCFF, Competitors1 | |
| Nike Inc. | 26.11 |
| EV/FCFF, Sector | |
| Consumer Durables & Apparel | 32.21 |
| EV/FCFF, Industry | |
| Consumer Discretionary | 32.69 |
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
lululemon athletica inc., historical EV/FCFF calculation, comparison to benchmarks
| 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 | 58,093,744) | 39,577,239) | 42,738,491) | 40,187,754) | 25,043,644) | 18,342,119) | |
| Free cash flow to the firm (FCFF)2 | 1,644,466) | 327,880) | 994,615) | 574,189) | 386,502) | 517,914) | |
| Valuation Ratio | |||||||
| EV/FCFF3 | 35.33 | 120.71 | 42.97 | 69.99 | 64.80 | 35.42 | |
| Benchmarks | |||||||
| EV/FCFF, Competitors4 | |||||||
| Nike Inc. | — | 31.57 | 36.54 | 40.08 | 102.21 | 27.41 | |
| EV/FCFF, Sector | |||||||
| Consumer Durables & Apparel | — | 36.97 | 37.72 | 42.57 | 94.28 | 28.19 | |
| EV/FCFF, Industry | |||||||
| Consumer Discretionary | — | 32.37 | 55.70 | 66.77 | 52.40 | 31.02 | |
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
= 58,093,744 ÷ 1,644,466 = 35.33
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. | lululemon athletica inc. EV/FCFF ratio increased from 2022 to 2023 but then decreased significantly from 2023 to 2024. |