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Cintas (Cintas) Cyclically Adjusted Price-to-FCF : 72.65 (As of Apr. 27, 2024)


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What is Cintas Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Cintas's current share price is $666.23. Cintas's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was $9.17. Cintas's Cyclically Adjusted Price-to-FCF for today is 72.65.

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

CTAS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.2   Med: 53.8   Max: 74.92
Current: 72.66

During the past years, Cintas's highest Cyclically Adjusted Price-to-FCF was 74.92. The lowest was 19.20. And the median was 53.80.

CTAS's Cyclically Adjusted Price-to-FCF is ranked worse than
89.04% of 356 companies
in the Business Services industry
Industry Median: 17.405 vs CTAS: 72.66

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.

Cintas's adjusted free cash flow per share data for the three months ended in Feb. 2024 was $5.331. 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 $9.17 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cintas Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cintas'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.

Cintas Cyclically Adjusted Price-to-FCF Chart

Cintas Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.61 55.20 61.63 55.39 56.57

Cintas 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 54.98 56.57 58.63 63.01 68.56

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

For the Specialty Business Services subindustry, Cintas'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.


Cintas's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

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

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



Cintas 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=666.23/9.17
=72.65

* 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.

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

For example, Cintas'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)
=5.331/129.4194*129.4194
=5.331

Current CPI (Feb. 2024) = 129.4194.

Cintas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 1.554 100.373 2.004
201408 0.679 100.352 0.876
201411 0.838 99.635 1.089
201502 0.297 99.032 0.388
201505 1.281 100.333 1.652
201508 0.717 100.548 0.923
201511 0.570 100.135 0.737
201602 -0.489 100.040 -0.633
201605 0.934 101.355 1.193
201608 0.738 101.617 0.940
201611 0.627 101.829 0.797
201702 1.099 102.779 1.384
201705 2.076 103.256 2.602
201708 1.768 103.587 2.209
201711 0.498 104.072 0.619
201802 1.981 105.052 2.441
201805 2.042 106.148 2.490
201808 0.890 106.383 1.083
201811 0.987 106.338 1.201
201902 2.366 106.649 2.871
201905 3.005 108.048 3.599
201908 1.981 108.245 2.369
201911 2.171 108.519 2.589
202002 2.788 109.139 3.306
202005 2.976 108.175 3.560
202008 2.627 109.662 3.100
202011 2.166 109.793 2.553
202102 2.677 110.968 3.122
202105 3.832 113.576 4.367
202108 2.014 115.421 2.258
202111 2.561 117.269 2.826
202202 3.181 119.703 3.439
202205 4.557 123.323 4.782
202208 2.208 124.958 2.287
202211 2.367 125.607 2.439
202302 3.359 126.928 3.425
202305 4.319 128.314 4.356
202308 2.223 129.538 2.221
202311 2.894 129.548 2.891
202402 5.331 129.419 5.331

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.


Cintas  (NAS:CTAS) 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.


Cintas Cyclically Adjusted Price-to-FCF Related Terms

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


Cintas (Cintas) Business Description

Industry
Traded in Other Exchanges
Address
6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737
Cintas is positioned as a one-stop shop that rents/sells uniforms and ancillary products and services, such as mops, first aid kits, and fire inspections. In its core uniform and facility services unit (a majority of sales), Cintas provides uniform rental programs for items including office attire, custom-tailored apparel, flame-resistant clothing, lab coats, and other profession-specific clothing. Facilities products generally include the rental and sale of entrance mats, mops, shop towels, hand sanitizers, and restroom supplies. Cintas' remaining businesses include first aid and safety services, fire protection services, and uniform direct sales.
Executives
J. Michael Hansen officer: VP & CFO 6800 CINTAS BOULEVARD, CINCINNATI OH 45262-5737
Ronald W Tysoe director C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Robert E. Coletti director, officer: Assistant Secretary P.O. BOX 625737, 6800 CINTAS BLVD., CINCINNATI OH 45262
Melanie W. Barstad director P.O. BOX 625737, MASON OH 45040
David Brock Denton officer: Sr VP, Secretary & Gen Counsel P.O. BOX 625737, CINCINNATI OH 45262
John F Barrett director
Michael Lawrence Thompson officer: Executive Vice President & CAO 6800 CINTAS BOULEVARD, P.O. BOX 625737, CINCINNATI OH 45262
Todd M. Schneider director, officer: CEO and Director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Joseph Scaminace director C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE N W, CLEVELAND OH 44115
Gerald S Adolph director 101 PARK AVENUE, ROOM 2005, NEW YORK NY 10178
Jim Rozakis officer: Executive Vice President & COO 6800 CINTAS BLVD, CINCINNATI OH 45262
Martin Mucci director 911 PANORAMA TRAIL S, ROCHESTER NY 14625
Thomas E Frooman officer: VP, Secretary & Gen. Counsel
James J Johnson director C/O THE PROCTER & GAMBLE COMPANY,, ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
James Phillip Holloman officer: President and COO P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262

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