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Cintas (FRA:CIT) Cyclically Adjusted Price-to-FCF : 74.70 (As of May. 21, 2024)


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What is Cintas Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Cintas's current share price is €640.20. Cintas's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was €8.57. Cintas's Cyclically Adjusted Price-to-FCF for today is 74.70.

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

FRA:CIT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.2   Med: 54.16   Max: 75.54
Current: 75.24

During the past years, Cintas's highest Cyclically Adjusted Price-to-FCF was 75.54. The lowest was 19.20. And the median was 54.16.

FRA:CIT's Cyclically Adjusted Price-to-FCF is ranked worse than
88.4% of 362 companies
in the Business Services industry
Industry Median: 18.255 vs FRA:CIT: 75.24

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.

Cintas's adjusted free cash flow per share data for the three months ended in Feb. 2024 was €4.942. 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 €8.57 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cintas Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cintas'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.

Cintas Cyclically Adjusted Price-to-FCF Chart

Cintas Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.61 55.20 61.63 55.39 56.57

Cintas Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 54.98 56.57 58.63 63.01 67.82

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

For the Specialty Business Services subindustry, Cintas'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.


Cintas's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

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

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



Cintas 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=640.20/8.57
=74.70

* 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.

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

For example, Cintas's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=4.942/130.9299*130.9299
=4.942

Current CPI (Feb. 2024) = 130.9299.

Cintas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 1.131 100.373 1.475
201408 0.510 100.352 0.665
201411 0.672 99.635 0.883
201502 0.262 99.032 0.346
201505 1.146 100.333 1.495
201508 0.644 100.548 0.839
201511 0.531 100.135 0.694
201602 -0.441 100.040 -0.577
201605 0.825 101.355 1.066
201608 0.658 101.617 0.848
201611 0.582 101.829 0.748
201702 1.032 102.779 1.315
201705 1.878 103.256 2.381
201708 1.497 103.587 1.892
201711 0.424 104.072 0.533
201802 1.605 105.052 2.000
201805 1.728 106.148 2.131
201808 0.771 106.383 0.949
201811 0.869 106.338 1.070
201902 2.085 106.649 2.560
201905 2.686 108.048 3.255
201908 1.781 108.245 2.154
201911 1.965 108.519 2.371
202002 2.557 109.139 3.068
202005 2.729 108.175 3.303
202008 2.220 109.662 2.651
202011 1.832 109.793 2.185
202102 2.214 110.968 2.612
202105 3.154 113.576 3.636
202108 1.712 115.421 1.942
202111 2.243 117.269 2.504
202202 2.803 119.703 3.066
202205 4.311 123.323 4.577
202208 2.179 124.958 2.283
202211 2.322 125.607 2.420
202302 3.137 126.928 3.236
202305 3.973 128.314 4.054
202308 2.039 129.538 2.061
202311 2.674 129.548 2.703
202402 4.942 130.930 4.942

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.


Cintas  (FRA:CIT) 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.


Cintas Cyclically Adjusted Price-to-FCF Related Terms

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


Cintas (FRA:CIT) Business Description

Industry
Traded in Other Exchanges
Address
6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737
Cintas is positioned as a one-stop shop that rents/sells uniforms and ancillary products and services, such as mops, first aid kits, and fire inspections. In its core uniform and facility services unit (a majority of sales), Cintas provides uniform rental programs for items including office attire, custom-tailored apparel, flame-resistant clothing, lab coats, and other profession-specific clothing. Facilities products generally include the rental and sale of entrance mats, mops, shop towels, hand sanitizers, and restroom supplies. Cintas' remaining businesses include first aid and safety services, fire protection services, and uniform direct sales.

Cintas (FRA:CIT) Headlines