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Griffon (FRA:GFF) Cyclically Adjusted Price-to-FCF : 31.03 (As of Jun. 19, 2024)


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What is Griffon Cyclically Adjusted Price-to-FCF?

As of today (2024-06-19), Griffon's current share price is €60.50. Griffon's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.95. Griffon's Cyclically Adjusted Price-to-FCF for today is 31.03.

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

FRA:GFF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.04   Med: 38.03   Max: 159.18
Current: 30.89

During the past years, Griffon's highest Cyclically Adjusted Price-to-FCF was 159.18. The lowest was 20.04. And the median was 38.03.

FRA:GFF's Cyclically Adjusted Price-to-FCF is ranked worse than
67.91% of 215 companies
in the Conglomerates industry
Industry Median: 18.17 vs FRA:GFF: 30.89

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.

Griffon's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.378. 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 €1.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Griffon Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Griffon'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.

Griffon Cyclically Adjusted Price-to-FCF Chart

Griffon Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.88 31.51 27.19 30.18 23.96

Griffon 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 22.53 24.57 23.96 30.36 34.39

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

For the Conglomerates subindustry, Griffon'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.


Griffon's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

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

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



Griffon 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=60.50/1.95
=31.03

* 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.

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

For example, Griffon'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)
=0.378/131.7762*131.7762
=0.378

Current CPI (Mar. 2024) = 131.7762.

Griffon Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.828 100.560 1.085
201409 0.339 100.428 0.445
201412 -0.461 99.070 -0.613
201503 -1.085 99.621 -1.435
201506 1.075 100.684 1.407
201509 1.078 100.392 1.415
201512 -0.866 99.792 -1.144
201603 -0.142 100.470 -0.186
201606 0.927 101.688 1.201
201609 1.014 101.861 1.312
201612 -0.013 101.863 -0.017
201703 -0.150 102.862 -0.192
201706 1.012 103.349 1.290
201709 0.382 104.136 0.483
201712 -0.296 104.011 -0.375
201803 -1.302 105.290 -1.630
201806 0.333 106.317 0.413
201809 0.615 106.507 0.761
201812 -0.164 105.998 -0.204
201903 -1.406 107.251 -1.728
201906 1.213 108.070 1.479
201909 1.950 108.329 2.372
201912 -0.655 108.420 -0.796
202003 -1.105 108.902 -1.337
202006 2.103 108.767 2.548
202009 1.302 109.815 1.562
202012 0.171 109.897 0.205
202103 -0.887 111.754 -1.046
202106 0.940 114.631 1.081
202109 0.943 115.734 1.074
202112 -1.443 117.630 -1.617
202203 -1.651 121.301 -1.794
202206 1.986 125.017 2.093
202209 1.911 125.227 2.011
202212 1.175 125.222 1.237
202303 1.381 127.348 1.429
202306 2.347 128.729 2.403
202309 1.394 129.860 1.415
202312 2.295 129.419 2.337
202403 0.378 131.776 0.378

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.


Griffon  (FRA:GFF) 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.


Griffon Cyclically Adjusted Price-to-FCF Related Terms

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


Griffon (FRA:GFF) Business Description

Industry
Traded in Other Exchanges
Address
712 Fifth Avenue, 18th Floor, New York, NY, USA, 10019
Griffon Corp manufactures and markets residential, commercial and industrial garage doors to professional installing dealers and home center retail chains. It also provides non-powered landscaping products for homeowners and professionals. Its operating segments include Consumer and Professional Products and Home and Building Products. The company generates a majority of its revenue from the Home and Building Products segment.

Griffon (FRA:GFF) Headlines