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Global Industrial Co (FRA:GML0) Cyclically Adjusted FCF per Share : €1.04 (As of Mar. 2024)


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What is Global Industrial Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Global Industrial Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.122. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €1.04 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Global Industrial Co's average Cyclically Adjusted FCF Growth Rate was 17.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -1.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Global Industrial Co was 49.10% per year. The lowest was -25.30% per year. And the median was 9.60% per year.

As of today (2024-05-23), Global Industrial Co's current stock price is €31.60. Global Industrial Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.04. Global Industrial Co's Cyclically Adjusted Price-to-FCF of today is 30.38.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Global Industrial Co was 61.59. The lowest was 7.08. And the median was 30.19.


Global Industrial Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Global Industrial Co's Cyclically Adjusted FCF per Share 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.

Global Industrial Co Cyclically Adjusted FCF per Share Chart

Global Industrial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.92

Global Industrial 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 FCF per Share 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 - - 0.98 0.92 1.04

Competitive Comparison of Global Industrial Co's Cyclically Adjusted FCF per Share

For the Industrial Distribution subindustry, Global Industrial 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.


Global Industrial Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Distribution Industry

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

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



Global Industrial Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Global Industrial 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)
=0.122/131.7762*131.7762
=0.122

Current CPI (Mar. 2024) = 131.7762.

Global Industrial Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.036 100.560 -0.047
201409 -0.410 100.428 -0.538
201412 0.783 99.070 1.041
201503 -0.237 99.621 -0.313
201506 0.262 100.684 0.343
201509 -0.154 100.392 -0.202
201512 2.017 99.792 2.663
201603 -1.254 100.470 -1.645
201606 0.074 101.688 0.096
201609 -0.275 101.861 -0.356
201612 0.015 101.863 0.019
201703 -0.073 102.862 -0.094
201706 0.400 103.349 0.510
201709 0.403 104.136 0.510
201712 0.246 104.011 0.312
201803 0.342 105.290 0.428
201806 -0.018 106.317 -0.022
201809 -0.859 106.507 -1.063
201812 -0.094 105.998 -0.117
201903 0.539 107.251 0.662
201906 0.577 108.070 0.704
201909 0.260 108.329 0.316
201912 0.067 108.420 0.081
202003 0.318 108.902 0.385
202006 0.017 108.767 0.021
202009 0.614 109.815 0.737
202012 0.530 109.897 0.636
202103 0.443 111.754 0.522
202106 0.223 114.631 0.256
202109 0.387 115.734 0.441
202112 -0.025 117.630 -0.028
202203 -0.362 121.301 -0.393
202206 0.273 125.017 0.288
202209 0.602 125.227 0.633
202212 0.602 125.222 0.634
202303 0.675 127.348 0.698
202306 0.877 128.729 0.898
202309 0.895 129.860 0.908
202312 0.185 129.419 0.188
202403 0.122 131.776 0.122

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Global Industrial Co  (FRA:GML0) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Global Industrial Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=31.60/1.04
=30.38

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Global Industrial Co was 61.59. The lowest was 7.08. And the median was 30.19.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Global Industrial Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Global Industrial Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Global Industrial Co (FRA:GML0) Business Description

Traded in Other Exchanges
Address
11 Harbor Park Drive, Port Washington, NY, USA, 11050
Global Industrial Co is a value-added industrial distributor. It distributes a wide range of industrial and maintenance, repair, and operations (MRO) products to customers across North America, including storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, food service and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.

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