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MSC Industrial Direct Co (STU:98M) Cyclically Adjusted Price-to-FCF : 16.16 (As of May. 21, 2024)


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What is MSC Industrial Direct Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), MSC Industrial Direct Co's current share price is €85.48. MSC Industrial Direct Co's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was €5.29. MSC Industrial Direct Co's Cyclically Adjusted Price-to-FCF for today is 16.16.

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

STU:98M' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.69   Med: 20.33   Max: 32.27
Current: 15.88

During the past years, MSC Industrial Direct Co's highest Cyclically Adjusted Price-to-FCF was 32.27. The lowest was 11.69. And the median was 20.33.

STU:98M's Cyclically Adjusted Price-to-FCF is ranked better than
56.25% of 80 companies
in the Industrial Distribution industry
Industry Median: 26.89 vs STU:98M: 15.88

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.

MSC Industrial Direct Co's adjusted free cash flow per share data for the three months ended in Feb. 2024 was €0.877. 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 €5.29 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MSC Industrial Direct Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MSC Industrial Direct Co'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.

MSC Industrial Direct Co Cyclically Adjusted Price-to-FCF Chart

MSC Industrial Direct Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.07 14.92 18.28 16.04 17.84

MSC Industrial Direct Co 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 15.39 16.07 17.84 17.27 17.58

Competitive Comparison of MSC Industrial Direct Co's Cyclically Adjusted Price-to-FCF

For the Industrial Distribution subindustry, MSC Industrial Direct 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.


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

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

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



MSC Industrial Direct Co 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.

MSC Industrial Direct Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=85.48/5.29
=16.16

* 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.

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

For example, MSC Industrial Direct Co'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)
=0.877/130.9299*130.9299
=0.877

Current CPI (Feb. 2024) = 130.9299.

MSC Industrial Direct Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.622 100.373 0.811
201408 0.376 100.352 0.491
201411 0.579 99.635 0.761
201502 -0.314 99.032 -0.415
201505 1.491 100.333 1.946
201508 1.076 100.548 1.401
201511 1.617 100.135 2.114
201602 0.731 100.040 0.957
201605 1.367 101.355 1.766
201608 0.919 101.617 1.184
201611 1.039 101.829 1.336
201702 0.126 102.779 0.161
201705 0.791 103.256 1.003
201708 1.179 103.587 1.490
201711 1.100 104.072 1.384
201802 0.398 105.052 0.496
201805 1.467 106.148 1.809
201808 1.457 106.383 1.793
201811 1.053 106.338 1.297
201902 0.137 106.649 0.168
201905 1.224 108.048 1.483
201908 2.036 108.245 2.463
201911 1.182 108.519 1.426
202002 0.951 109.139 1.141
202005 0.807 108.175 0.977
202008 2.584 109.662 3.085
202011 1.444 109.793 1.722
202102 0.054 110.968 0.064
202105 0.041 113.576 0.047
202108 1.047 115.421 1.188
202111 0.667 117.269 0.745
202202 -0.257 119.703 -0.281
202205 1.081 123.323 1.148
202208 1.661 124.958 1.740
202211 0.884 125.607 0.921
202302 5.426 126.928 5.597
202305 2.082 128.314 2.124
202308 1.691 129.538 1.709
202311 1.022 129.548 1.033
202402 0.877 130.930 0.877

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.


MSC Industrial Direct Co  (STU:98M) 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.


MSC Industrial Direct Co Cyclically Adjusted Price-to-FCF Related Terms

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MSC Industrial Direct Co (STU:98M) Business Description

Traded in Other Exchanges
Address
515 Broadhollow Road, Suite 1000, Melville, NY, USA, 11747
MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the U.S.

MSC Industrial Direct Co (STU:98M) Headlines

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