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Griffon (Griffon) Cyclically Adjusted Price-to-FCF : 31.66 (As of May. 24, 2024)


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What is Griffon Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Griffon's current share price is $67.435. Griffon's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.13. Griffon's Cyclically Adjusted Price-to-FCF for today is 31.66.

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

GFF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.04   Med: 38.03   Max: 159.18
Current: 30.88

During the past years, Griffon's highest Cyclically Adjusted Price-to-FCF was 159.18. The lowest was 20.04. And the median was 38.03.

GFF's Cyclically Adjusted Price-to-FCF is ranked worse than
64.22% of 204 companies
in the Conglomerates industry
Industry Median: 19.705 vs GFF: 30.88

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.

Griffon's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.410. 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 $2.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Griffon Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Griffon'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.

Griffon Cyclically Adjusted Price-to-FCF Chart

Griffon Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.88 31.51 27.19 30.18 23.96

Griffon 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 22.53 24.57 23.96 30.36 34.39

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

For the Conglomerates subindustry, Griffon'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.


Griffon's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

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

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



Griffon 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=67.435/2.13
=31.66

* 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.

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

For example, Griffon'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)
=0.41/131.7762*131.7762
=0.410

Current CPI (Mar. 2024) = 131.7762.

Griffon Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.124 100.560 1.473
201409 0.437 100.428 0.573
201412 -0.568 99.070 -0.756
201503 -1.174 99.621 -1.553
201506 1.207 100.684 1.580
201509 1.210 100.392 1.588
201512 -0.943 99.792 -1.245
201603 -0.158 100.470 -0.207
201606 1.042 101.688 1.350
201609 1.138 101.861 1.472
201612 -0.013 101.863 -0.017
201703 -0.160 102.862 -0.205
201706 1.137 103.349 1.450
201709 0.456 104.136 0.577
201712 -0.350 104.011 -0.443
201803 -1.605 105.290 -2.009
201806 0.389 106.317 0.482
201809 0.717 106.507 0.887
201812 -0.187 105.998 -0.232
201903 -1.589 107.251 -1.952
201906 1.371 108.070 1.672
201909 2.148 108.329 2.613
201912 -0.728 108.420 -0.885
202003 -1.221 108.902 -1.477
202006 2.368 108.767 2.869
202009 1.534 109.815 1.841
202012 0.208 109.897 0.249
202103 -1.056 111.754 -1.245
202106 1.132 114.631 1.301
202109 1.109 115.734 1.263
202112 -1.631 117.630 -1.827
202203 -1.818 121.301 -1.975
202206 2.099 125.017 2.212
202209 1.892 125.227 1.991
202212 1.244 125.222 1.309
202303 1.478 127.348 1.529
202306 2.542 128.729 2.602
202309 1.488 129.860 1.510
202312 2.503 129.419 2.549
202403 0.410 131.776 0.410

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.


Griffon  (NYSE:GFF) 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.


Griffon Cyclically Adjusted Price-to-FCF Related Terms

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


Griffon (Griffon) Business Description

Industry
Traded in Other Exchanges
Address
712 Fifth Avenue, 18th Floor, New York, NY, USA, 10019
Griffon Corp manufactures and markets residential, commercial and industrial garage doors to professional installing dealers and home center retail chains. It also provides non-powered landscaping products for homeowners and professionals. Its operating segments include Consumer and Professional Products and Home and Building Products. The company generates a majority of its revenue from the Home and Building Products segment.
Executives
Voss Value-oriented Special Situations Fund, Lp director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Value Master Fund, L.p. director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Value Master Fund, Lp director, other: See Remarks 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Travis W. Cocke director, other: See Remarks 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Advisors Gp, Llc director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Capital, Llc director 3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Michelle L Taylor director 712 FIFTH AVENUE, C/O GRIFFON CORPORATION, NEW YORK NY 10019
Diao H.c. Charles director 1775 TYSONS BOULEVARD, TYSONS VA 22102
Lacy M. Johnson director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Louis J. Grabowsky director 6605 ABERDEEN, DALLAS TX 75230
Henry A Alpert director
Kevin F Sullivan director C/O GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Jerome L Coben director 5482 WILSHIRE BLVD., #1579, LOS ANGELES CA 90036
Thomas Brosig director C/O GIII APPAREL GROUP LTD, 512 SEVENTH AVE, NEW YORK NY 10018
Seth L. Kaplan officer: Sr VP, Gen. Counsel and Secy 712 FIFTH AVENUE, 18TH FLOOR, NEW YORK NY 10019

Griffon (Griffon) Headlines