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Gildan Activewear (TSX:GIL) Cyclically Adjusted Price-to-FCF : 30.90 (As of Jan. 18, 2025)


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What is Gildan Activewear Cyclically Adjusted Price-to-FCF?

As of today (2025-01-18), Gildan Activewear's current share price is C$72.00. Gildan Activewear's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was C$2.33. Gildan Activewear's Cyclically Adjusted Price-to-FCF for today is 30.90.

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

TSX:GIL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.96   Med: 31.41   Max: 175.68
Current: 30.88

During the past years, Gildan Activewear's highest Cyclically Adjusted Price-to-FCF was 175.68. The lowest was 11.96. And the median was 31.41.

TSX:GIL's Cyclically Adjusted Price-to-FCF is ranked worse than
66.15% of 325 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 17.73 vs TSX:GIL: 30.88

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.

Gildan Activewear's adjusted free cash flow per share data for the three months ended in Sep. 2024 was C$1.251. 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 C$2.33 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gildan Activewear Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Gildan Activewear'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.

Gildan Activewear Cyclically Adjusted Price-to-FCF Chart

Gildan Activewear Annual Data
Trend Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.28 25.31 29.07 19.21 20.25

Gildan Activewear Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 19.33 20.25 23.12 22.81 27.30

Competitive Comparison of Gildan Activewear's Cyclically Adjusted Price-to-FCF

For the Apparel Manufacturing subindustry, Gildan Activewear'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.


Gildan Activewear's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gildan Activewear's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Gildan Activewear 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=72.00/2.33
=30.90

* 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.

Gildan Activewear's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=1.251/127.2847*127.2847
=1.251

Current CPI (Sep. 2024) = 127.2847.

Gildan Activewear Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.606 98.367 -0.784
201503 -0.563 99.789 -0.718
201506 0.091 100.500 0.115
201509 0.806 100.421 1.022
201512 0.545 99.947 0.694
201603 -0.318 101.054 -0.401
201606 0.707 102.002 0.882
201609 1.041 101.765 1.302
201612 0.816 101.449 1.024
201703 0.240 102.634 0.298
201706 0.956 103.029 1.181
201709 0.823 103.345 1.014
201712 0.963 103.345 1.186
201803 -0.236 105.004 -0.286
201806 0.539 105.557 0.650
201809 0.740 105.636 0.892
201812 1.608 105.399 1.942
201903 -0.827 106.979 -0.984
201906 0.153 107.690 0.181
201909 0.545 107.611 0.645
201912 1.575 107.769 1.860
202003 -1.652 107.927 -1.948
202006 1.208 108.401 1.418
202009 0.913 108.164 1.074
202012 1.797 108.559 2.107
202103 0.048 110.298 0.055
202106 1.045 111.720 1.191
202109 1.240 112.905 1.398
202112 0.761 113.774 0.851
202203 -0.569 117.646 -0.616
202206 1.062 120.806 1.119
202209 -0.064 120.648 -0.068
202212 0.823 120.964 0.866
202303 -1.930 122.702 -2.002
202306 0.940 124.203 0.963
202309 2.027 125.230 2.060
202312 1.589 125.072 1.617
202403 -0.572 126.258 -0.577
202406 0.846 127.522 0.844
202409 1.251 127.285 1.251

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.


Gildan Activewear  (TSX:GIL) 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.


Gildan Activewear Cyclically Adjusted Price-to-FCF Related Terms

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


Gildan Activewear Business Description

Traded in Other Exchanges
Address
600 de Maisonneuve Boulevard West, 33rd Floor, Suite 330, Montreal, QC, CAN, H3A 3J2
Gildan is a vertically integrated designer and manufacturer of basic apparel, including t-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank t-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels. Brands include Gildan, American Apparel, Comfort Colors, and Gold Toe. Gildan produces most of its clothing at factories in Latin America and recently began operating a new plant in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generates nearly 90% of its sales in the US.
Executives
Jason De Haan Senior Officer
Michener Chandlee Director
Benito Masi Senior Officer
Rhodri Harries Senior Officer
Juan Carlos Contreras Contreras Y Contreras Senior Officer
Michael Kneeland Director
Ghislain Houle Director
Chuckie J. Ward Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Schroeder Senior Officer
Glenn J. Chamandy Director, Senior Officer
Donald Berg Director
Marc Caira Director
Maryse Bertrand Director
Russell Andrew Goodman Director
Larry Vernon Dismukes Senior Officer