GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gildan Activewear Inc (NYSE:GIL) » Definitions » Cyclically Adjusted Price-to-FCF

Gildan Activewear (Gildan Activewear) Cyclically Adjusted Price-to-FCF : 21.52 (As of Apr. 27, 2024)


View and export this data going back to 1998. Start your Free Trial

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

As of today (2024-04-27), Gildan Activewear's current share price is $35.30. Gildan Activewear's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.64. Gildan Activewear's Cyclically Adjusted Price-to-FCF for today is 21.52.

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

GIL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.96   Med: 42.82   Max: 175.68
Current: 22.23

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 42.82.

GIL's Cyclically Adjusted Price-to-FCF is ranked worse than
56.94% of 360 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.255 vs GIL: 22.23

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 Dec. 2023 was $1.184. 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 $1.64 for the trailing ten years ended in Dec. 2023.

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 20.18

Gildan Activewear 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 19.21 25.28 23.58 19.33 20.18

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
=35.30/1.64
=21.52

* 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 Dec. 2023 is calculated as:

For example, Gildan Activewear'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)
=1.184/125.4675*125.4675
=1.184

Current CPI (Dec. 2023) = 125.4675.

Gildan Activewear Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.326 98.604 -0.415
201406 0.036 99.473 0.045
201409 0.455 99.394 0.574
201412 -0.525 98.367 -0.670
201503 -0.446 99.789 -0.561
201506 0.074 100.500 0.092
201509 0.607 100.421 0.758
201512 0.398 99.947 0.500
201603 -0.241 101.054 -0.299
201606 0.549 102.002 0.675
201609 0.794 101.765 0.979
201612 0.611 101.449 0.756
201703 0.179 102.634 0.219
201706 0.719 103.029 0.876
201709 0.670 103.345 0.813
201712 0.754 103.345 0.915
201803 -0.183 105.004 -0.219
201806 0.411 105.557 0.489
201809 0.568 105.636 0.675
201812 1.197 105.399 1.425
201903 -0.618 106.979 -0.725
201906 0.115 107.690 0.134
201909 0.412 107.611 0.480
201912 1.196 107.769 1.392
202003 -1.183 107.927 -1.375
202006 0.891 108.401 1.031
202009 0.690 108.164 0.800
202012 1.403 108.559 1.622
202103 0.038 110.298 0.043
202106 0.855 111.720 0.960
202109 0.979 112.905 1.088
202112 0.596 113.774 0.657
202203 -0.451 117.646 -0.481
202206 0.829 120.806 0.861
202209 -0.048 120.648 -0.050
202212 0.606 120.964 0.629
202303 -1.408 122.702 -1.440
202306 0.707 124.203 0.714
202309 1.498 125.230 1.501
202312 1.184 125.468 1.184

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  (NYSE: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 (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 U.S.