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GMS (GMS) Cyclically Adjusted Price-to-FCF : 23.08 (As of Apr. 29, 2024)


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What is GMS Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), GMS's current share price is $94.15. GMS's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $4.08. GMS's Cyclically Adjusted Price-to-FCF for today is 23.08.

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

GMS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.78   Med: 21.09   Max: 24.6
Current: 22.79

During the past years, GMS's highest Cyclically Adjusted Price-to-FCF was 24.60. The lowest was 15.78. And the median was 21.09.

GMS's Cyclically Adjusted Price-to-FCF is ranked worse than
58.77% of 570 companies
in the Construction industry
Industry Median: 17.925 vs GMS: 22.79

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.

GMS's adjusted free cash flow per share data for the three months ended in Jan. 2024 was $2.323. 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 $4.08 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GMS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for GMS'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.

GMS Cyclically Adjusted Price-to-FCF Chart

GMS Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Price-to-FCF
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GMS Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - 14.80 20.65

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

For the Building Products & Equipment subindustry, GMS'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.


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

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

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



GMS 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=94.15/4.08
=23.08

* 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.

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

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=2.323/129.4194*129.4194
=2.323

Current CPI (Jan. 2024) = 129.4194.

GMS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.000 100.023 0.000
201407 -0.341 100.520 -0.439
201410 -0.103 100.176 -0.133
201501 0.199 98.604 0.261
201504 1.097 99.824 1.422
201507 -0.497 100.691 -0.639
201510 0.372 100.346 0.480
201601 0.575 99.957 0.744
201604 0.795 100.947 1.019
201607 -0.861 101.524 -1.098
201610 0.699 101.988 0.887
201701 0.812 102.456 1.026
201704 0.648 103.167 0.813
201707 0.072 103.278 0.090
201710 0.488 104.070 0.607
201801 0.696 104.578 0.861
201804 0.345 105.708 0.422
201807 -1.227 106.324 -1.494
201810 2.102 106.695 2.550
201901 1.343 106.200 1.637
201904 2.020 107.818 2.425
201907 -0.440 108.250 -0.526
201910 1.727 108.577 2.059
202001 1.378 108.841 1.639
202004 3.817 108.173 4.567
202007 -0.476 109.318 -0.564
202010 0.756 109.861 0.891
202101 0.886 110.364 1.039
202104 1.661 112.673 1.908
202107 -1.862 115.183 -2.092
202110 -0.258 116.696 -0.286
202201 0.914 118.619 0.997
202204 4.376 121.978 4.643
202207 -0.354 125.002 -0.367
202210 2.251 125.734 2.317
202301 2.900 126.223 2.973
202304 4.421 127.992 4.470
202307 -0.166 128.974 -0.167
202310 2.485 129.810 2.478
202401 2.323 129.419 2.323

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.


GMS  (NYSE:GMS) 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.


GMS Cyclically Adjusted Price-to-FCF Related Terms

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


GMS (GMS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GMS Inc (NYSE:GMS) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
100 Crescent Centre Parkway, Suite 800, Tucker, GA, USA, 30084
GMS Inc is a distributor of specialty building products including wallboard, suspended ceilings systems, or ceilings, steel framing, and other complementary building products. The company serves its products to commercial new construction, commercial repair and remodel, residential new construction, and residential repair and remodel (R&R). Its geographical segment is Central, Midwest, Northeast, Southern, Southeast, Western, and Canada. The company generates maximum revenue from Wallboard products and geographically from the United States.
Executives
George T Hendren officer: Chief Operating Officer 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Craig D Apolinsky officer: VP, GC & Corporate Secretary GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
J David Smith director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
John J Gavin director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
William Forrest Bell officer: Chief Accounting Officer 1001 SUMMIT BLVD, NE, ATLANTA GA 30319
Scott M Deakin officer: VP, Chief Financial Officer 123 MAIN STREET, BRISTOL CT 06011-2185
Coliseum Capital Management, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Theron I Gilliam director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Turner John C Jr officer: President 1009 WIMBERLY COURT, ALLEN TX 75013-1195
Peter C Browning director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Leigh R Dobbs officer: Chief Human Resources Officer 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Coliseum Capital Co-invest Iii, L.p. 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Adam Gray 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Christopher S Shackelton 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Coliseum Capital, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853