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Graham Holdings Co (Graham Holdings Co) Cyclically Adjusted Price-to-FCF : 30.41 (As of May. 17, 2024)


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What is Graham Holdings Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), Graham Holdings Co's current share price is $761.87. Graham Holdings Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $25.05. Graham Holdings Co's Cyclically Adjusted Price-to-FCF for today is 30.41.

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

GHC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.69   Med: 21.07   Max: 31.2
Current: 30.54

During the past years, Graham Holdings Co's highest Cyclically Adjusted Price-to-FCF was 31.20. The lowest was 7.69. And the median was 21.07.

GHC's Cyclically Adjusted Price-to-FCF is ranked worse than
71.01% of 69 companies
in the Education industry
Industry Median: 13.86 vs GHC: 30.54

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.

Graham Holdings Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-4.530. 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 $25.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Graham Holdings Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Graham Holdings Co'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.

Graham Holdings Co Cyclically Adjusted Price-to-FCF Chart

Graham Holdings Co 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 24.30 22.77 27.24 25.98 27.04

Graham Holdings Co 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 25.93 25.53 24.82 27.04 30.65

Competitive Comparison of Graham Holdings Co's Cyclically Adjusted Price-to-FCF

For the Education & Training Services subindustry, Graham Holdings Co'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.


Graham Holdings Co's Cyclically Adjusted Price-to-FCF Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Graham Holdings Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Graham Holdings Co 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.

Graham Holdings Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=761.87/25.05
=30.41

* 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.

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

For example, Graham Holdings Co'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)
=-4.53/131.7762*131.7762
=-4.530

Current CPI (Mar. 2024) = 131.7762.

Graham Holdings Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 7.515 100.560 9.848
201409 13.655 100.428 17.917
201412 -17.033 99.070 -22.656
201503 -16.140 99.621 -21.350
201506 12.147 100.684 15.898
201509 3.262 100.392 4.282
201512 -10.844 99.792 -14.320
201603 8.880 100.470 11.647
201606 13.313 101.688 17.252
201609 -2.569 101.861 -3.323
201612 15.220 101.863 19.690
201703 13.690 102.862 17.538
201706 4.552 103.349 5.804
201709 13.571 104.136 17.173
201712 5.575 104.011 7.063
201803 0.264 105.290 0.330
201806 5.331 106.317 6.608
201809 19.295 106.507 23.873
201812 10.512 105.998 13.068
201903 -12.425 107.251 -15.266
201906 -0.601 108.070 -0.733
201909 12.376 108.329 15.055
201912 14.104 108.420 17.142
202003 -2.433 108.902 -2.944
202006 18.068 108.767 21.890
202009 20.431 109.815 24.517
202012 -8.774 109.897 -10.521
202103 2.187 111.754 2.579
202106 6.912 114.631 7.946
202109 2.209 115.734 2.515
202112 -3.343 117.630 -3.745
202203 6.281 121.301 6.823
202206 7.552 125.017 7.960
202209 16.455 125.227 17.316
202212 1.327 125.222 1.396
202303 0.054 127.348 0.056
202306 4.471 128.729 4.577
202309 26.084 129.860 26.469
202312 5.549 129.419 5.650
202403 -4.530 131.776 -4.530

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.


Graham Holdings Co  (NYSE:GHC) 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.


Graham Holdings Co Cyclically Adjusted Price-to-FCF Related Terms

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


Graham Holdings Co (Graham Holdings Co) Business Description

Industry
Traded in Other Exchanges
Address
1300 North 17th Street, 17th Floor, Arlington, VA, USA, 22209
Graham Holdings Co. is a diversified education and media company made up of subsidiaries. Firm operations include educational services; television broadcasting; online, print, and local news; home health and hospice care; and manufacturing. The Company segments into the following seven reportable segments: Kaplan International, Higher Education, Supplemental Education, Television Broadcasting, Manufacturing, Healthcare, and Automotive. The majority of revenue comes from the Kaplan International segment, which includes higher education, test preparation, language instruction, and professional training. A large portion of company revenue also comes from the television broadcasting segment through advertising.
Executives
Thomas Sinnickson Gayner director C/O MARKEL CORP, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Tony Allen director C/O GRAHAM HOLDINGS 1300 NORTH 17TH ST., SUITE 1700, ARLINGTON VA 22209
Timothy J O'shaughnessy director, officer: President and CEO C/O GRAHAM HOLDINGS COMPANY, 1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209
Marcel A. Snyman officer: VP & Chief Accounting Officer C/O GRAHAM HOLDINGS 1300 NORTH 17TH ST., SUITE 1700, ARLINGTON VA 22209
Danielle Y. Conley director C/O GRAHAM HOLDINGS 1300 NORTH 17TH ST., SUITE 1700, ARLINGTON VA 22209
Christopher C Davis director C/O GRAHAM HOLDINGS COMPANY, 1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209
Sandra M. Stonesifer officer: VP, Chief HR Officer C/O GRAHAM HOLDINGS 1300 NORTH 17TH ST., SUITE 1700, ARLINGTON VA 22209
Jack A. Markell director C/O GRAHAM HOLDINGS 1300 NORTH 17TH ST., SUITE 1700, ARLINGTON VA 22209
Andrew Stephen Rosen officer: Executive Vice President C/O GRAHAM HOLDINGS 1300 NORTH 17TH ST, SUITE 1700, ARLINGTON VA 22209
Lee C Bollinger director 535 WEST 116TH STREET, LOW LIBRARY, ROOM 202, NEW YORK NY 10027
Katharine Weymouth director 1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209
Anne M Mulcahy director C/O GRAHAM HOLDINGS 1300 NORTH 17TH ST, SUITE 1700, ARLINGTON VA 22209
Jacob Maas, officer: Sr. VP-Planning and Dev. C/O GRAHAM HOLDINGS COMPANY, 1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209
Denise M Demeter officer: VP and Chief HR Officer 1300 17TH STREET NORTH, SUITE 1700, ROSSLYN VA 22209
Donald Graham director, 10 percent owner, officer: CEO and COB C/O GRAHAM HOLDINGS COMPANY, 1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209