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General Dynamics (BSP:GDBR34) Cyclically Adjusted Price-to-FCF : 27.38 (As of May. 15, 2024)


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What is General Dynamics Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), General Dynamics's current share price is R$1510.00. General Dynamics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$55.14. General Dynamics's Cyclically Adjusted Price-to-FCF for today is 27.38.

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

BSP:GDBR34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.21   Med: 20.99   Max: 29.07
Current: 26.83

During the past years, General Dynamics's highest Cyclically Adjusted Price-to-FCF was 29.07. The lowest was 12.21. And the median was 20.99.

BSP:GDBR34's Cyclically Adjusted Price-to-FCF is ranked better than
61.32% of 106 companies
in the Aerospace & Defense industry
Industry Median: 35.43 vs BSP:GDBR34: 26.83

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.

General Dynamics's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$-7.856. 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 R$55.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


General Dynamics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for General Dynamics'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.

General Dynamics Cyclically Adjusted Price-to-FCF Chart

General Dynamics 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 21.42 17.43 22.14 23.63 23.10

General Dynamics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.77 19.36 19.26 23.10 25.78

Competitive Comparison of General Dynamics's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, General Dynamics'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.


General Dynamics's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, General Dynamics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



General Dynamics 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.

General Dynamics's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1510.00/55.14
=27.38

* 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.

General Dynamics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, General Dynamics's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-7.856/129.4194*129.4194
=-7.856

Current CPI (Mar. 2024) = 129.4194.

General Dynamics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 5.199 100.560 6.691
201409 16.101 100.428 20.749
201412 -1.211 99.070 -1.582
201503 6.073 99.621 7.890
201506 5.596 100.684 7.193
201509 8.087 100.392 10.425
201512 1.560 99.792 2.023
201603 4.895 100.470 6.305
201606 3.576 101.688 4.551
201609 4.086 101.861 5.191
201612 6.998 101.863 8.891
201703 4.794 102.862 6.032
201706 4.166 103.349 5.217
201709 7.755 104.136 9.638
201712 20.062 104.011 24.963
201803 -6.534 105.290 -8.031
201806 7.689 106.317 9.360
201809 8.545 106.507 10.383
201812 23.897 105.998 29.177
201903 -12.886 107.251 -15.550
201906 1.458 108.070 1.746
201909 11.995 108.329 14.330
201912 28.408 108.420 33.910
202003 -14.341 108.902 -17.043
202006 11.247 108.767 13.383
202009 16.977 109.815 20.008
202012 39.677 109.897 46.725
202103 -2.588 111.754 -2.997
202106 16.802 114.631 18.970
202109 24.004 115.734 26.842
202112 26.123 117.630 28.741
202203 32.478 121.301 34.652
202206 7.872 125.017 8.149
202209 19.504 125.227 20.157
202212 3.307 125.222 3.418
202303 24.495 127.348 24.893
202306 9.157 128.729 9.206
202309 19.665 129.860 19.598
202312 15.803 129.419 15.803
202403 -7.856 129.419 -7.856

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.


General Dynamics  (BSP:GDBR34) 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.


General Dynamics Cyclically Adjusted Price-to-FCF Related Terms

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


General Dynamics (BSP:GDBR34) Business Description

Traded in Other Exchanges
Address
11011 Sunset Hills Road, Reston, VA, USA, 20190
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, marine, combat systems, and technologies. General Dynamics' aerospace segment creates Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment creates and services nuclear-powered submarines, destroyers, and other ships. The technologies segment contains two main units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military.

General Dynamics (BSP:GDBR34) Headlines

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