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UniFirst (FRA:U1N) Cyclically Adjusted Price-to-FCF : 25.82 (As of Jun. 10, 2024)


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What is UniFirst Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), UniFirst's current share price is €142.00. UniFirst's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was €5.50. UniFirst's Cyclically Adjusted Price-to-FCF for today is 25.82.

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

FRA:U1N' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.31   Med: 30.36   Max: 40.38
Current: 25.32

During the past years, UniFirst's highest Cyclically Adjusted Price-to-FCF was 40.38. The lowest was 22.31. And the median was 30.36.

FRA:U1N's Cyclically Adjusted Price-to-FCF is ranked worse than
65.85% of 369 companies
in the Business Services industry
Industry Median: 18.07 vs FRA:U1N: 25.32

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.

UniFirst's adjusted free cash flow per share data for the three months ended in Feb. 2024 was €1.345. 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 €5.50 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


UniFirst Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for UniFirst'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.

UniFirst Cyclically Adjusted Price-to-FCF Chart

UniFirst Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.16 31.97 34.53 27.72 28.16

UniFirst Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 31.28 26.79 28.16 28.84 27.81

Competitive Comparison of UniFirst's Cyclically Adjusted Price-to-FCF

For the Specialty Business Services subindustry, UniFirst'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.


UniFirst's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, UniFirst's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



UniFirst 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=142.00/5.5
=25.82

* 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.

UniFirst's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1.345/130.9299*130.9299
=1.345

Current CPI (Feb. 2024) = 130.9299.

UniFirst Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -0.263 100.373 -0.343
201408 1.690 100.352 2.205
201411 1.419 99.635 1.865
201502 1.146 99.032 1.515
201505 0.652 100.333 0.851
201508 2.212 100.548 2.880
201511 1.694 100.135 2.215
201602 1.114 100.040 1.458
201605 1.207 101.355 1.559
201608 0.901 101.617 1.161
201611 2.072 101.829 2.664
201702 1.225 102.779 1.561
201705 0.161 103.256 0.204
201708 1.431 103.587 1.809
201711 1.192 104.072 1.500
201802 1.333 105.052 1.661
201805 0.695 106.148 0.857
201808 1.744 106.383 2.146
201811 0.409 106.338 0.504
201902 3.094 106.649 3.798
201905 1.620 108.048 1.963
201908 2.401 108.245 2.904
201911 1.110 108.519 1.339
202002 2.455 109.139 2.945
202005 1.925 108.175 2.330
202008 2.428 109.662 2.899
202011 0.485 109.793 0.578
202102 2.183 110.968 2.576
202105 1.284 113.576 1.480
202108 -0.546 115.421 -0.619
202111 -1.070 117.269 -1.195
202202 0.369 119.703 0.404
202205 0.344 123.323 0.365
202208 -0.693 124.958 -0.726
202211 -0.593 125.607 -0.618
202302 0.033 126.928 0.034
202305 1.444 128.314 1.473
202308 1.221 129.538 1.234
202311 0.326 129.548 0.329
202402 1.345 130.930 1.345

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.


UniFirst  (FRA:U1N) 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.


UniFirst Cyclically Adjusted Price-to-FCF Related Terms

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


UniFirst (FRA:U1N) Business Description

Industry
Traded in Other Exchanges
Address
68 Jonspin Road, Wilmington, MA, USA, 01887
UniFirst Corp provides workplace uniforms, protective clothing, and other workplace products and services to businesses in the United States, Canada, and Europe. The U.S. and Canadian Rental and Cleaning segment that accounts for the majority of the company engages in sales rents and sells clothing and non-garment items, and offers a cleaning service that delivers clean uniforms when it picks up dirty or contaminated ones. Manufacturing segment designs and manufactures uniforms and non-garment items. Specialty garments rental and cleaning segment provides specialty garments, non-garments, and cleaning services for nuclear and classroom applications. The First Aid segment provides safety supplies and pill packaging. The Corporate segment consists of various associated costs.

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