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Masco (MAS) Cyclically Adjusted Price-to-FCF : 22.68 (As of Apr. 27, 2024)


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What is Masco Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Masco's current share price is $69.85. Masco's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.08. Masco's Cyclically Adjusted Price-to-FCF for today is 22.68.

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

MAS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.71   Med: 21.81   Max: 35.38
Current: 22.7

During the past years, Masco's highest Cyclically Adjusted Price-to-FCF was 35.38. The lowest was 8.71. And the median was 21.81.

MAS's Cyclically Adjusted Price-to-FCF is ranked worse than
59.72% of 566 companies
in the Construction industry
Industry Median: 17.73 vs MAS: 22.70

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.

Masco's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.566. 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 $3.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Masco Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Masco'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.

Masco Cyclically Adjusted Price-to-FCF Chart

Masco 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 29.90 29.87 30.99 17.80 22.07

Masco 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 18.13 20.24 18.10 22.07 25.64

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

For the Building Products & Equipment subindustry, Masco'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.


Masco's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



Masco 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=69.85/3.08
=22.68

* 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.

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

For example, Masco'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)
=-0.566/129.4194*129.4194
=-0.566

Current CPI (Mar. 2024) = 129.4194.

Masco Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.787 100.560 1.013
201409 0.615 100.428 0.793
201412 0.716 99.070 0.935
201503 -0.530 99.621 -0.689
201506 0.735 100.684 0.945
201509 0.713 100.392 0.919
201512 1.030 99.792 1.336
201603 -0.321 100.470 -0.413
201606 0.659 101.688 0.839
201609 0.775 101.861 0.985
201612 0.750 101.863 0.953
201703 -0.579 102.862 -0.728
201706 0.828 103.349 1.037
201709 0.873 104.136 1.085
201712 0.711 104.011 0.885
201803 -0.304 105.290 -0.374
201806 0.922 106.317 1.122
201809 0.993 106.507 1.207
201812 1.060 105.998 1.294
201903 -0.575 107.251 -0.694
201906 1.072 108.070 1.284
201909 1.226 108.329 1.465
201912 0.628 108.420 0.750
202003 -0.423 108.902 -0.503
202006 1.373 108.767 1.634
202009 0.981 109.815 1.156
202012 1.295 109.897 1.525
202103 -0.463 111.754 -0.536
202106 1.210 114.631 1.366
202109 1.324 115.734 1.481
202112 1.180 117.630 1.298
202203 -1.054 121.301 -1.125
202206 1.536 125.017 1.590
202209 1.229 125.227 1.270
202212 1.017 125.222 1.051
202303 -0.123 127.348 -0.125
202306 1.518 128.729 1.526
202309 1.912 129.860 1.906
202312 1.872 129.419 1.872
202403 -0.566 129.419 -0.566

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.


Masco  (NYSE:MAS) 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.


Masco Cyclically Adjusted Price-to-FCF Related Terms

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


Masco (MAS) Business Description

Industry
Traded in Other Exchanges
Address
17450 College Parkway, Livonia, MI, USA, 48152
Masco manufactures a variety of home improvement and building products. The company's $5.3 billion plumbing segment, led by the Delta and Hansgrohe brands, sells faucets, showerheads, and other related plumbing fixtures and components. The $3.4 billion decorative architectural segment primarily sells paints and other coatings under the Behr and Kilz brands, but it also sells builder hardware and lighting products.
Executives
Kenneth G. Cole officer: VP, General Counsel and Sec. 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Jai Shah officer: VP - Chief HR Officer 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Richard J. Westenberg officer: VP and CFO 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Donald R Parfet director C/O 350 E MICHIGAN AVENUE STE 500, APJOHN GROUP LLC, KALAMAZOO MI 49007
Renee Straber officer: VP - Chief HR Officer 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Keith J. Allman director, officer: President and CEO 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Reddy Sandeep director C/O GUESS?, INC., 1444 SOUTH ALAMEDA STREET, LOS ANGELES CA 90021
David A. Chaika officer: Interim CFO 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Jonathon Nudi director GENERAL MILLS, INC., ONE GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
John G Sznewajs officer: VP Corp. Development&Treasurer 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Imran Ahmad officer: Group President 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Turner Reginald M Jr director 500 WOODWARD AVE, SUITE 3500, DETROIT MI 48226
Stevens Charles K. Iii director 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Aine Denari director C/O BRUNSWICK CORPORATION, 26125 N. RIVERWOODS BLVD. #500, METTAWA IL 60045
Robin L Zondervan officer: VP, Controller and CAO 901 44TH STREET SE, GRAND RAPIDS MI 49508

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