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Grazziotin (BSP:CGRA4) Cyclically Adjusted Price-to-FCF : 7.76 (As of Apr. 27, 2024)


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What is Grazziotin Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Grazziotin's current share price is R$26.60. Grazziotin's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$3.43. Grazziotin's Cyclically Adjusted Price-to-FCF for today is 7.76.

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

BSP:CGRA4' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.43   Med: 13.41   Max: 21.06
Current: 7.83

During the past years, Grazziotin's highest Cyclically Adjusted Price-to-FCF was 21.06. The lowest was 7.43. And the median was 13.41.

BSP:CGRA4's Cyclically Adjusted Price-to-FCF is ranked better than
70.34% of 435 companies
in the Retail - Cyclical industry
Industry Median: 13.15 vs BSP:CGRA4: 7.83

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.

Grazziotin's adjusted free cash flow per share data for the three months ended in Dec. 2023 was R$1.651. 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 R$3.43 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grazziotin Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Grazziotin'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.

Grazziotin Cyclically Adjusted Price-to-FCF Chart

Grazziotin Annual Data
Trend Dec14 Dec15 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 15.94 13.13 17.88 9.58 7.78

Grazziotin Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 9.58 9.24 9.50 8.10 7.78

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

For the Department Stores subindustry, Grazziotin'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.


Grazziotin's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Grazziotin's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Grazziotin 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=26.60/3.43
=7.76

* 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.

Grazziotin's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Grazziotin's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.651/156.2729*156.2729
=1.651

Current CPI (Dec. 2023) = 156.2729.

Grazziotin Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.672 90.447 -1.161
201406 -0.394 91.838 -0.670
201409 0.468 92.602 0.790
201412 0.257 94.194 0.426
201503 -0.098 97.799 -0.157
201506 1.103 100.006 1.724
201509 1.017 101.392 1.567
201512 0.279 104.247 0.418
201603 0.648 106.979 0.947
201606 0.992 108.851 1.424
201609 0.467 109.986 0.664
201612 0.985 110.802 1.389
201703 -0.115 111.869 -0.161
201706 0.555 112.115 0.774
201709 0.416 112.777 0.576
201712 0.378 114.068 0.518
201803 -0.050 114.868 -0.068
201806 0.972 117.038 1.298
201809 0.798 117.881 1.058
201812 0.458 118.340 0.605
201903 0.443 120.124 0.576
201906 -0.191 120.977 -0.247
201909 0.816 121.292 1.051
201912 1.717 123.436 2.174
202003 -0.233 124.092 -0.293
202006 2.978 123.557 3.767
202009 1.149 125.095 1.435
202012 4.241 129.012 5.137
202103 -1.476 131.660 -1.752
202106 -0.155 133.871 -0.181
202109 -0.973 137.913 -1.103
202112 -1.741 141.992 -1.916
202203 0.352 146.537 0.375
202206 3.404 149.784 3.551
202209 1.926 147.800 2.036
202212 2.220 150.207 2.310
202303 0.687 153.352 0.700
202306 0.008 154.519 0.008
202309 2.022 155.464 2.033
202312 1.651 156.273 1.651

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.


Grazziotin  (BSP:CGRA4) 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.


Grazziotin Cyclically Adjusted Price-to-FCF Related Terms

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


Grazziotin (BSP:CGRA4) Business Description

Traded in Other Exchanges
Address
Valentin Grazziotin Street, 77 - Saint Kitts, Passo Fundo, RS, BRA, 99060030
Grazziotin SA is engaged in retail trade of clothing for men, women and children, footwear, bath products, furniture, watches, jewelry, construction materials, electrical products, health products, hardware, among others.

Grazziotin (BSP:CGRA4) Headlines

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