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Quad/Graphics (FRA:QGU) Cyclically Adjusted Price-to-FCF : 1.40 (As of May. 23, 2024)


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What is Quad/Graphics Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Quad/Graphics's current share price is €4.48. Quad/Graphics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.20. Quad/Graphics's Cyclically Adjusted Price-to-FCF for today is 1.40.

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

FRA:QGU' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.48   Med: 1.05   Max: 4.35
Current: 1.42

During the past years, Quad/Graphics's highest Cyclically Adjusted Price-to-FCF was 4.35. The lowest was 0.48. And the median was 1.05.

FRA:QGU's Cyclically Adjusted Price-to-FCF is ranked better than
97.74% of 354 companies
in the Business Services industry
Industry Median: 18.555 vs FRA:QGU: 1.42

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.

Quad/Graphics's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-1.366. 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 €3.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quad/Graphics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Quad/Graphics'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.

Quad/Graphics Cyclically Adjusted Price-to-FCF Chart

Quad/Graphics 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 1.12 0.88 0.94 1.01 1.52

Quad/Graphics 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 1.16 1.03 1.30 1.52 1.51

Competitive Comparison of Quad/Graphics's Cyclically Adjusted Price-to-FCF

For the Specialty Business Services subindustry, Quad/Graphics'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.


Quad/Graphics's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Quad/Graphics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Quad/Graphics 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.

Quad/Graphics's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.48/3.2
=1.40

* 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.

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

For example, Quad/Graphics'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)
=-1.366/131.7762*131.7762
=-1.366

Current CPI (Mar. 2024) = 131.7762.

Quad/Graphics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.125 100.560 0.164
201409 -0.537 100.428 -0.705
201412 3.011 99.070 4.005
201503 0.424 99.621 0.561
201506 0.339 100.684 0.444
201509 0.518 100.392 0.680
201512 2.819 99.792 3.722
201603 1.600 100.470 2.099
201606 1.739 101.688 2.254
201609 0.410 101.861 0.530
201612 0.835 101.863 1.080
201703 0.724 102.862 0.928
201706 0.508 103.349 0.648
201709 0.793 104.136 1.003
201712 2.258 104.011 2.861
201803 -0.356 105.290 -0.446
201806 0.142 106.317 0.176
201809 -0.421 106.507 -0.521
201812 3.494 105.998 4.344
201903 -1.854 107.251 -2.278
201906 0.806 108.070 0.983
201909 -0.654 108.329 -0.796
201912 2.500 108.420 3.039
202003 0.281 108.902 0.340
202006 0.236 108.767 0.286
202009 0.457 109.815 0.548
202012 1.178 109.897 1.413
202103 0.891 111.754 1.051
202106 0.090 114.631 0.103
202109 -1.300 115.734 -1.480
202112 1.750 117.630 1.960
202203 -0.635 121.301 -0.690
202206 -0.367 125.017 -0.387
202209 -0.446 125.227 -0.469
202212 3.223 125.222 3.392
202303 -1.505 127.348 -1.557
202306 0.644 128.729 0.659
202309 0.517 129.860 0.525
202312 1.850 129.419 1.884
202403 -1.366 131.776 -1.366

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.


Quad/Graphics  (FRA:QGU) 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.


Quad/Graphics Cyclically Adjusted Price-to-FCF Related Terms

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


Quad/Graphics (FRA:QGU) Business Description

Industry
Traded in Other Exchanges
Address
N61 W23044 Harry's Way, Sussex, WI, USA, 53089-3995
Quad/Graphics Inc provides print and marketing services to help customers market their products, services, and contents. The company primarily operates in the commercial segment of the printing industry. It operates through three divisions. The United States print and related services segment consists of the company's American operations. Besides the complete set of print and marketing solutions, this segment also manufactures ink. The international segment includes the company's printing business in Europe and Latin America. The corporate segment is engaged in the general and administrative activities as well as associated costs. The company almost generates all its revenue from the American domestic market.

Quad/Graphics (FRA:QGU) Headlines

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