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Graco (GGG) Cyclically Adjusted Price-to-FCF : 43.23 (As of Apr. 27, 2024)


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What is Graco Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Graco's current share price is $82.56. Graco's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.91. Graco's Cyclically Adjusted Price-to-FCF for today is 43.23.

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

GGG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.17   Med: 38.59   Max: 53.4
Current: 43.26

During the past years, Graco's highest Cyclically Adjusted Price-to-FCF was 53.40. The lowest was 25.17. And the median was 38.59.

GGG's Cyclically Adjusted Price-to-FCF is ranked worse than
61.81% of 1016 companies
in the Industrial Products industry
Industry Median: 32.505 vs GGG: 43.26

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.

Graco's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.474. 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 $1.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Graco Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Graco'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.

Graco Cyclically Adjusted Price-to-FCF Chart

Graco 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 41.06 51.07 49.96 39.55 46.26

Graco 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 42.07 48.08 39.41 46.26 48.98

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

For the Specialty Industrial Machinery subindustry, Graco'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.


Graco's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Graco 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=82.56/1.91
=43.23

* 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.

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

For example, Graco'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)
=0.474/129.4194*129.4194
=0.474

Current CPI (Mar. 2024) = 129.4194.

Graco Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.245 100.560 0.315
201409 0.423 100.428 0.545
201412 0.358 99.070 0.468
201503 0.206 99.621 0.268
201506 0.220 100.684 0.283
201509 0.168 100.392 0.217
201512 0.252 99.792 0.327
201603 0.093 100.470 0.120
201606 0.303 101.688 0.386
201609 0.619 101.861 0.786
201612 0.353 101.863 0.448
201703 0.243 102.862 0.306
201706 0.443 103.349 0.555
201709 0.562 104.136 0.698
201712 0.458 104.011 0.570
201803 0.283 105.290 0.348
201806 0.540 106.317 0.657
201809 0.412 106.507 0.501
201812 0.582 105.998 0.711
201903 0.118 107.251 0.142
201906 0.427 108.070 0.511
201909 0.602 108.329 0.719
201912 0.546 108.420 0.652
202003 0.204 108.902 0.242
202006 0.438 108.767 0.521
202009 0.624 109.815 0.735
202012 0.611 109.897 0.720
202103 0.462 111.754 0.535
202106 0.487 114.631 0.550
202109 0.625 115.734 0.699
202112 0.279 117.630 0.307
202203 -0.090 121.301 -0.096
202206 0.358 125.017 0.371
202209 0.453 125.227 0.468
202212 0.303 125.222 0.313
202303 0.306 127.348 0.311
202306 0.797 128.729 0.801
202309 0.901 129.860 0.898
202312 0.701 129.419 0.701
202403 0.474 129.419 0.474

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.


Graco  (NYSE:GGG) 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.


Graco Cyclically Adjusted Price-to-FCF Related Terms

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


Graco (GGG) Business Description

Industry
Traded in Other Exchanges
Address
88-11th Avenue Northeast, Minneapolis, MN, USA, 55413
Graco manufactures equipment used for managing fluids, coatings, and adhesives, specializing in difficult-to-handle materials. Graco's business is organized into three segments: industrial, process, and contractor. The Minnesota-based firm serves a wide range of end markets, including industrial, automotive, and construction, and its broad array of products include pumps, valves, meters, sprayers, and equipment used to apply coatings, sealants, and adhesives. The firm generated roughly $2.1 billion in sales and $573 million in operating income in 2022.
Executives
Mark W Sheahan officer: VICE PRESIDENT AND TREASURER P.O. BOX 1441, MINNEAPOLIS MN 55440-1441
Angela F Wordell officer: Executive VP, Operations 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Kathryn L Schoenrock officer: Executive Vice President 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Caroline M Chambers officer: Vice President and Controller PO BOX 1441, MINNEAPOLIS MN 55440-1441
Eric Etchart director ROOM F, 22F CROSS REGION PLAZA, 899 LINGLING ROAD, SHANGHAI F4 200030
Van Sant R William director PO BOX 1441, MINNEAPOLIS MN 55440-1441
Timothy R White officer: President, EMEA 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Ronita Banerjee officer: EVP, Chief HR Officer 88 11TH AVENUE NE, MINNEAPOLIS MN 55105
Jeffrey P. Johnson officer: Vice President 88 - 11TH AVENUE N.E., MINNEAPOLIS MN 55413
Heather L Anfang director 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Dale D Johnson officer: VICE PRESIDENT P.O. BOX 1441, MINNEAPOLIS MN 5440-1441
Christopher D. Knutson officer: EVP, Corporate Controller 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Claudio Merengo officer: President, Worldwide Gema 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
J Kevin Gilligan director P O BOX 1441, MINNEAPOLIS MN 55440-1441
Archie C. Black director 333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS MN 55402