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General Dynamics (General Dynamics) Cyclically Adjusted Price-to-FCF : 25.95 (As of Apr. 27, 2024)


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What is General Dynamics Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), General Dynamics's current share price is $284.41. General Dynamics's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $10.96. General Dynamics's Cyclically Adjusted Price-to-FCF for today is 25.95.

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

GD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.06   Med: 20.89   Max: 29.07
Current: 25.95

During the past years, General Dynamics's highest Cyclically Adjusted Price-to-FCF was 29.07. The lowest was 12.06. And the median was 20.89.

GD's Cyclically Adjusted Price-to-FCF is ranked better than
61.82% of 110 companies
in the Aerospace & Defense industry
Industry Median: 35.485 vs GD: 25.95

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.

General Dynamics's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-1.578. 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 $10.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


General Dynamics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for General Dynamics'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.

General Dynamics Cyclically Adjusted Price-to-FCF Chart

General Dynamics 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 21.42 17.43 22.14 23.63 23.10

General Dynamics 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 20.77 19.36 19.26 23.10 25.78

Competitive Comparison of General Dynamics's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, General Dynamics'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.


General Dynamics's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, General Dynamics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



General Dynamics 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=284.41/10.96
=25.95

* 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.

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

For example, General Dynamics'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)
=-1.578/129.4194*129.4194
=-1.578

Current CPI (Mar. 2024) = 129.4194.

General Dynamics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.325 100.560 2.992
201409 6.887 100.428 8.875
201412 -0.458 99.070 -0.598
201503 1.933 99.621 2.511
201506 1.798 100.684 2.311
201509 2.072 100.392 2.671
201512 0.402 99.792 0.521
201603 1.324 100.470 1.705
201606 1.044 101.688 1.329
201609 1.256 101.861 1.596
201612 2.086 101.863 2.650
201703 1.533 102.862 1.929
201706 1.264 103.349 1.583
201709 2.476 104.136 3.077
201712 6.088 104.011 7.575
201803 -1.993 105.290 -2.450
201806 2.039 106.317 2.482
201809 2.080 106.507 2.527
201812 6.154 105.998 7.514
201903 -3.355 107.251 -4.048
201906 0.378 108.070 0.453
201909 2.912 108.329 3.479
201912 6.921 108.420 8.261
202003 -2.935 108.902 -3.488
202006 2.168 108.767 2.580
202009 3.144 109.815 3.705
202012 7.712 109.897 9.082
202103 -0.459 111.754 -0.532
202106 3.341 114.631 3.772
202109 4.547 115.734 5.085
202112 4.620 117.630 5.083
202203 6.526 121.301 6.963
202206 1.559 125.017 1.614
202209 3.719 125.227 3.844
202212 0.630 125.222 0.651
202303 4.703 127.348 4.780
202306 1.887 128.729 1.897
202309 3.982 129.860 3.969
202312 3.225 129.419 3.225
202403 -1.578 129.419 -1.578

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.


General Dynamics  (NYSE:GD) 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.


General Dynamics Cyclically Adjusted Price-to-FCF Related Terms

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


General Dynamics (General Dynamics) Business Description

Address
11011 Sunset Hills Road, Reston, VA, USA, 20190
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, marine, combat systems, and technologies. General Dynamics' aerospace segment creates Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment creates and services nuclear-powered submarines, destroyers, and other ships. The technologies segment contains two main units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military.
Executives
Gregory S Gallopoulos officer: Senior VP, Gen. Counsel, Sec. C/O GENERAL DYNAMICS CORPORATION, 2941 FAIRVIEW PARK DRIVE, SUITE 100, FALLS CHURCH VA 22042
Phebe N Novakovic director, officer: Chairman and CEO
Marguerite Amy Gilliland officer: Senior Vice President 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Charles W Hooper director C/O APA CORPORATION, 2000 POST OAK BLVD STE 100, HOUSTON TX 77056
Mark Malcolm director TOWER INTERNATIONAL, INC., 17672 LAUREL PARK DRIVE N., SUITE 400E, LIVONIA MI 48152
Richard D Clarke director 11011 SUNSET HILLS ROAD, RESTON VA 20190
Mark Lagrand Burns officer: Vice President 2941 FAIRVIEW PARK DRIVE, SUITE 100, FALLS CHURCH VA 22042
Mark C. Roualet officer: Vice President C/O GENERAL DYNAMICS CORPORATION, 2941 FAIRVIEW PARK DRIVE, SUITE 100, FALLS CHURCH VA 22042
William A Moss officer: Vice President and Controller 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
James S Crown director 222 N LASALLE STREET, STE 2000, CHICAGO IL 60601
Robert K Steel director 85 BROAD STREET, NEW YORK NY 10004
William A Osborn director 100 NE ADAMS STREET, PEORIA IL 61629
Danny Deep officer: Vice President 11011 SUNSET HILLS ROAD, RESTON VA 20190
John G Stratton director 1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Lester L Lyles director C/O MTC TECHNOLOGIES INC, 4032 LINDEN AVENUE, DAYTON OH 45432

General Dynamics (General Dynamics) Headlines