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Vulcan Materials Co (BSP:V1MC34) Cyclically Adjusted FCF per Share : R$0.31 (As of Mar. 2024)


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What is Vulcan Materials Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Vulcan Materials Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was R$0.013. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is R$0.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vulcan Materials Co's average Cyclically Adjusted FCF Growth Rate was 17.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 19.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 8.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Vulcan Materials Co was 37.30% per year. The lowest was -42.00% per year. And the median was 4.90% per year.

As of today (2024-05-26), Vulcan Materials Co's current stock price is R$22.14. Vulcan Materials Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$0.31. Vulcan Materials Co's Cyclically Adjusted Price-to-FCF of today is 71.42.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Vulcan Materials Co was 107.72. The lowest was 22.62. And the median was 70.46.


Vulcan Materials Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Vulcan Materials Co's Cyclically Adjusted FCF per Share 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.

Vulcan Materials Co Cyclically Adjusted FCF per Share Chart

Vulcan Materials Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.17 0.25 0.26 0.29

Vulcan Materials Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 0.27 0.27 0.29 0.29 0.31

Competitive Comparison of Vulcan Materials Co's Cyclically Adjusted FCF per Share

For the Building Materials subindustry, Vulcan Materials Co'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.


Vulcan Materials Co's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Vulcan Materials Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Vulcan Materials Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Vulcan Materials Co'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)
=0.013/131.7762*131.7762
=0.013

Current CPI (Mar. 2024) = 131.7762.

Vulcan Materials Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.012 100.560 -0.016
201409 0.022 100.428 0.029
201412 0.018 99.070 0.024
201503 -0.012 99.621 -0.016
201506 -0.021 100.684 -0.027
201509 0.072 100.392 0.095
201512 0.078 99.792 0.103
201603 -0.009 100.470 -0.012
201606 -0.011 101.688 -0.014
201609 0.065 101.861 0.084
201612 0.073 101.863 0.094
201703 -0.015 102.862 -0.019
201706 -0.040 103.349 -0.051
201709 0.065 104.136 0.082
201712 0.062 104.011 0.079
201803 -0.015 105.290 -0.019
201806 0.030 106.317 0.037
201809 0.100 106.507 0.124
201812 0.068 105.998 0.085
201903 -0.003 107.251 -0.004
201906 0.039 108.070 0.048
201909 0.135 108.329 0.164
201912 0.133 108.420 0.162
202003 -0.037 108.902 -0.045
202006 0.171 108.767 0.207
202009 0.207 109.815 0.248
202012 0.128 109.897 0.153
202103 0.048 111.754 0.057
202106 0.086 114.631 0.099
202109 0.132 115.734 0.150
202112 0.109 117.630 0.122
202203 0.009 121.301 0.010
202206 0.012 125.017 0.013
202209 0.172 125.227 0.181
202212 0.156 125.222 0.164
202303 0.018 127.348 0.019
202306 0.076 128.729 0.078
202309 0.145 129.860 0.147
202312 0.168 129.419 0.171
202403 0.013 131.776 0.013

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Vulcan Materials Co  (BSP:V1MC34) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Vulcan Materials Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=22.14/0.31
=71.42

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Vulcan Materials Co was 107.72. The lowest was 22.62. And the median was 70.46.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Vulcan Materials Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Vulcan Materials Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Vulcan Materials Co (BSP:V1MC34) Business Description

Traded in Other Exchanges
Address
1200 Urban Center Drive, Birmingham, AL, USA, 35242
Vulcan Materials is the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). Its largest markets include Texas, California, Virginia, Tennessee, Georgia, Florida, North Carolina, and Alabama. In 2022, Vulcan sold 263.4 million tons of aggregates, 12.2 million tons of asphalt mix, and 10.5 million cubic yards of ready-mix. As of Dec. 31, 2022, the company had nearly 16 billion tons of aggregates reserves.

Vulcan Materials Co (BSP:V1MC34) Headlines

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