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Monro (MNRO) Cyclically Adjusted Price-to-FCF : 7.18 (As of Apr. 27, 2024)


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What is Monro Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Monro's current share price is $27.79. Monro's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.87. Monro's Cyclically Adjusted Price-to-FCF for today is 7.18.

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

MNRO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.44   Med: 27.94   Max: 50.66
Current: 7.17

During the past years, Monro's highest Cyclically Adjusted Price-to-FCF was 50.66. The lowest was 6.44. And the median was 27.94.

MNRO's Cyclically Adjusted Price-to-FCF is ranked better than
86.49% of 481 companies
in the Vehicles & Parts industry
Industry Median: 21.61 vs MNRO: 7.17

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.

Monro's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.900. 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 $3.87 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monro Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Monro'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.

Monro Cyclically Adjusted Price-to-FCF Chart

Monro Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.21 17.97 24.19 13.93 13.43

Monro Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.74 13.43 10.65 7.16 7.57

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

For the Auto Parts subindustry, Monro'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.


Monro's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Monro's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Monro 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.79/3.87
=7.18

* 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.

Monro's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Monro's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.9/129.4194*129.4194
=0.900

Current CPI (Dec. 2023) = 129.4194.

Monro Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.257 99.695 0.334
201406 0.767 100.560 0.987
201409 0.330 100.428 0.425
201412 0.796 99.070 1.040
201503 0.886 99.621 1.151
201506 0.670 100.684 0.861
201509 0.115 100.392 0.148
201512 0.808 99.792 1.048
201603 1.101 100.470 1.418
201606 0.405 101.688 0.515
201609 1.096 101.861 1.393
201612 0.710 101.863 0.902
201703 0.650 102.862 0.818
201706 1.042 103.349 1.305
201709 0.645 104.136 0.802
201712 0.336 104.011 0.418
201803 0.441 105.290 0.542
201806 1.158 106.317 1.410
201809 0.465 106.507 0.565
201812 1.288 105.998 1.573
201903 0.312 107.251 0.376
201906 1.336 108.070 1.600
201909 0.322 108.329 0.385
201912 0.802 108.420 0.957
202003 -0.537 108.902 -0.638
202006 1.691 108.767 2.012
202009 1.324 109.815 1.560
202012 0.531 109.897 0.625
202103 0.388 111.754 0.449
202106 1.691 114.631 1.909
202109 1.021 115.734 1.142
202112 0.514 117.630 0.566
202203 1.061 121.301 1.132
202206 2.030 125.017 2.101
202209 0.969 125.227 1.001
202212 1.312 125.222 1.356
202303 1.045 127.348 1.062
202306 2.004 128.729 2.015
202309 0.575 129.860 0.573
202312 0.900 129.419 0.900

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.


Monro  (NAS:MNRO) 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.


Monro Cyclically Adjusted Price-to-FCF Related Terms

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


Monro (MNRO) Business Description

Industry
Traded in Other Exchanges
Address
200 Holleder Parkway, Rochester, NY, USA, 14615
Monro Inc is a provider automobile service stations in the United States. Through its network of company-owned service stations, Monro Muffler Brake offers maintenance, repair, tire, and fleet management services for automobiles focused largely on undercar services such as brake, steering, exhaust, drivetrain, and suspension systems. Next to service stores, the company also offers tire stores specialised in tire replacement and service.
Executives
Michael T Broderick director, officer: CEO & President 26555 NORTHWESTERN HIGHWAY, SOUTHFIELD MI 48033
Hope B Woodhouse director 1601 UTICA AVENUE, SUITE 900, ST. LOUIS PARK MN 55416
John L Auerbach director 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Leah C. Johnson director 182 NORTH UNION AVENUE, FARMINGTON UT 84025
Stephen C Mccluski director 80 ARKAY DRIVE, HAUPPAUGE NY 11788
Nicholas P Hawryschuk officer: Vice President - Finance 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Matt Henson officer: Chief Human Resource Officer 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Peter J Solomon director C/O PETER J SOLOMON COMPANY, 520 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Brian D Odonnell officer: SVP - Training 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Robert E Mellor director SEVEN MADRONE AVE, KENTFIELD CA 94904
Robert Rajkowski officer: COO 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Donna Maxwell officer: CHRO 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Donald Glickman director 535 MADISON AVENUE, NEW YORK NY 10022
Maureen Mulholland officer: Senior VP, General Counsel C/O MONRO, INC., 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Raymond L Pickens officer: Divisional Vice President 6606 SWEET AIR LANE, ELDERSBURG MD 21784

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