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Quad/Graphics (Quad/Graphics) Cyclically Adjusted Price-to-FCF : 1.27 (As of Apr. 27, 2024)


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

As of today (2024-04-27), Quad/Graphics's current share price is $4.52. Quad/Graphics's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.56. Quad/Graphics's Cyclically Adjusted Price-to-FCF for today is 1.27.

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

QUAD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.48   Med: 1.05   Max: 4.35
Current: 1.29

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.

QUAD's Cyclically Adjusted Price-to-FCF is ranked better than
98.03% of 356 companies
in the Business Services industry
Industry Median: 17.405 vs QUAD: 1.29

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 Dec. 2023 was $2.017. 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 $3.56 for the trailing ten years ended in Dec. 2023.

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
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 1.01 1.16 1.03 1.30 1.52

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
=4.52/3.56
=1.27

* 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 Dec. 2023 is calculated as:

For example, Quad/Graphics'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)
=2.017/129.4194*129.4194
=2.017

Current CPI (Dec. 2023) = 129.4194.

Quad/Graphics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.270 99.695 -0.351
201406 0.171 100.560 0.220
201409 -0.691 100.428 -0.890
201412 3.712 99.070 4.849
201503 0.459 99.621 0.596
201506 0.380 100.684 0.488
201509 0.581 100.392 0.749
201512 3.071 99.792 3.983
201603 1.781 100.470 2.294
201606 1.954 101.688 2.487
201609 0.460 101.861 0.584
201612 0.881 101.863 1.119
201703 0.775 102.862 0.975
201706 0.571 103.349 0.715
201709 0.946 104.136 1.176
201712 2.672 104.011 3.325
201803 -0.439 105.290 -0.540
201806 0.166 106.317 0.202
201809 -0.491 106.507 -0.597
201812 3.975 105.998 4.853
201903 -2.095 107.251 -2.528
201906 0.910 108.070 1.090
201909 -0.721 108.329 -0.861
201912 2.778 108.420 3.316
202003 0.311 108.902 0.370
202006 0.266 108.767 0.317
202009 0.538 109.815 0.634
202012 1.433 109.897 1.688
202103 1.061 111.754 1.229
202106 0.109 114.631 0.123
202109 -1.529 115.734 -1.710
202112 1.978 117.630 2.176
202203 -0.699 121.301 -0.746
202206 -0.388 125.017 -0.402
202209 -0.442 125.227 -0.457
202212 3.414 125.222 3.528
202303 -1.612 127.348 -1.638
202306 0.698 128.729 0.702
202309 0.552 129.860 0.550
202312 2.017 129.419 2.017

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  (NYSE:QUAD) 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 (Quad/Graphics) Business Description

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.
Executives
Melanie Arlene Huet director 6655 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Robert H Quadracci officer: Chief Human Resources Officer C/O QUAD/GRAPHICS INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Anthony Staniak officer: Chief Financial Officer QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089-3995
Beth-ann Eason director C/O QUAD/GRAPHICS INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Dana B. Gruen officer: General Counsel & Corp Sec C/O QUAD/GRAPHICS INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Donald M Mckenna officer: EVP, Chief Administrative ofcr C/O QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Joshua J Golden officer: Chief Marketing Officer C/O QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
J Joel Quadracci director, officer: Chairman, Pres & CEO QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Julie A Currie officer: EVP and Chief Revenue Officer N61 W23044 HARRY'S WAY, SUSSEX WI 53089
John S Shiely director 770 NORTH WATER ST, MILWAUKEE WI 53202
Christopher B Harned director C/O THE CYPRESS GROUP, 65 EAST 55TH ST, 28TH FLOOR, NEW YORK NY 10022
Thomas J Frankowski officer: Chief Operating Officer QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Kelly A Vanderboom officer: EVP & Treasurer QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Jennifer J. Kent officer: EVP of Admin. & Gen. Counsel QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089-3995
David J Honan officer: EVP & CFO QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089

Quad/Graphics (Quad/Graphics) Headlines