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UniFirst (UniFirst) Cyclically Adjusted Price-to-FCF : 27.37 (As of Apr. 27, 2024)


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What is UniFirst Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), UniFirst's current share price is $164.24. UniFirst's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was $6.00. UniFirst's Cyclically Adjusted Price-to-FCF for today is 27.37.

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

UNF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.31   Med: 30.46   Max: 40.38
Current: 27.38

During the past years, UniFirst's highest Cyclically Adjusted Price-to-FCF was 40.38. The lowest was 22.31. And the median was 30.46.

UNF's Cyclically Adjusted Price-to-FCF is ranked worse than
68.54% of 356 companies
in the Business Services industry
Industry Median: 17.405 vs UNF: 27.38

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.

UniFirst's adjusted free cash flow per share data for the three months ended in Feb. 2024 was $1.451. 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 $6.00 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


UniFirst Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for UniFirst'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.

UniFirst Cyclically Adjusted Price-to-FCF Chart

UniFirst Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.16 31.97 34.53 27.72 28.16

UniFirst 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 31.28 26.79 28.16 28.84 28.12

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

For the Specialty Business Services subindustry, UniFirst'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.


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

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

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



UniFirst 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=164.24/6
=27.37

* 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.

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

For example, UniFirst'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)
=1.451/129.4194*129.4194
=1.451

Current CPI (Feb. 2024) = 129.4194.

UniFirst Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -0.361 100.373 -0.465
201408 2.251 100.352 2.903
201411 1.769 99.635 2.298
201502 1.301 99.032 1.700
201505 0.728 100.333 0.939
201508 2.463 100.548 3.170
201511 1.818 100.135 2.350
201602 1.235 100.040 1.598
201605 1.366 101.355 1.744
201608 1.010 101.617 1.286
201611 2.235 101.829 2.841
201702 1.305 102.779 1.643
201705 0.178 103.256 0.223
201708 1.689 103.587 2.110
201711 1.399 104.072 1.740
201802 1.645 105.052 2.027
201805 0.821 106.148 1.001
201808 2.014 106.383 2.450
201811 0.465 106.338 0.566
201902 3.512 106.649 4.262
201905 1.812 108.048 2.170
201908 2.671 108.245 3.194
201911 1.227 108.519 1.463
202002 2.677 109.139 3.174
202005 2.100 108.175 2.512
202008 2.873 109.662 3.391
202011 0.573 109.793 0.675
202102 2.640 110.968 3.079
202105 1.560 113.576 1.778
202108 -0.642 115.421 -0.720
202111 -1.221 117.269 -1.348
202202 0.419 119.703 0.453
202205 0.364 123.323 0.382
202208 -0.703 124.958 -0.728
202211 -0.605 125.607 -0.623
202302 0.036 126.928 0.037
202305 1.569 128.314 1.583
202308 1.332 129.538 1.331
202311 0.353 129.548 0.353
202402 1.451 129.419 1.451

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.


UniFirst  (NYSE:UNF) 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.


UniFirst Cyclically Adjusted Price-to-FCF Related Terms

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


UniFirst (UniFirst) Business Description

Industry
Traded in Other Exchanges
N/A
Address
68 Jonspin Road, Wilmington, MA, USA, 01887
UniFirst Corp provides workplace uniforms, protective clothing, and other workplace products and services to businesses in the United States, Canada, and Europe. The U.S. and Canadian Rental and Cleaning segment that accounts for the majority of the company engages in sales rents and sells clothing and non-garment items, and offers a cleaning service that delivers clean uniforms when it picks up dirty or contaminated ones. Manufacturing segment designs and manufactures uniforms and non-garment items. Specialty garments rental and cleaning segment provides specialty garments, non-garments, and cleaning services for nuclear and classroom applications. The First Aid segment provides safety supplies and pill packaging. The Corporate segment consists of various associated costs.
Executives
David A Difillippo officer: Senior VP of Operations
Matthew Croatti 10 percent owner C/O UNIFIRST CORPORATION, 68 JONSPIN ROAD, WILMINGTON MA 01887
Michael A Croatti officer: Senior VP of Operations C/O UNIFIRST CORPORATION, 68 JONSPIN ROAD, WILMINGTON MA 01887
William Masters Ross officer: Senior VP of Operations C/O UNIFIRST CORPORATION, 68 JONSPIN ROAD, WILMINGTON MA 01887
Shane O'connor officer: Senior VP and CFO 68 JONSPIN ROAD, WILMINGTON MA 01887
Steven S Sintros officer: VP of Finance and CFO 68 JONSPIN RD., WILMINGTON MA 01888
Sergio A Pupkin director C/O SEALED AIR CORPORATION, 2415 CASCADE POINTE BOULEVARD, CHARLOTTE NC 28208
David Martin Katz officer: VP of Sales and Marketing 68 JONSPIN ROAD, WILMINGTON MA 01887
Joseph M Nowicki director C/O BEACON ROOFING SUPPLY, INC., 505 HUNTMAR PARK DRIVE SUITE 300, HERNDON VA 20170
Cynthia Croatti director, 10 percent owner, officer: Executive VP and Treasurer 68 JONSPIN ROAD, WILMINGTON DC 01887
Carol Croatti 10 percent owner 21 JEFFERSON DRIVE, LONDONDERRY NH 03053
The Ronald D Croatti Trust - 1993 10 percent owner C/O CAROL CROATTI, 21 JEFFERSON DRIVE, LONDONDERRY NH 03053
Kathleen M Camilli director
Michael Iandoli director 68 JONSPIN RD, WILMINGTON MA 01887
Phillip L Cohen director 68 JONSPIN ROAD, WILMINGTON MA 01887