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Dycom Industries (STU:DYI) Cyclically Adjusted FCF per Share : €1.85 (As of Apr. 2024)


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What is Dycom Industries 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.

Dycom Industries's adjusted free cash flow per share for the three months ended in Apr. 2024 was €-2.503. 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 €1.85 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Dycom Industries's average Cyclically Adjusted FCF Growth Rate was 15.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 32.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.10% 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 Dycom Industries was 184.40% per year. The lowest was -45.00% per year. And the median was 13.50% per year.

As of today (2024-05-26), Dycom Industries's current stock price is €165.00. Dycom Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 was €1.85. Dycom Industries's Cyclically Adjusted Price-to-FCF of today is 89.19.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Dycom Industries was 375.21. The lowest was 23.84. And the median was 61.94.


Dycom Industries Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Dycom Industries'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.

Dycom Industries Cyclically Adjusted FCF per Share Chart

Dycom Industries Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 1.28 1.87 1.85 2.14

Dycom Industries Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 1.55 1.62 1.48 2.14 1.85

Competitive Comparison of Dycom Industries's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, Dycom Industries'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.


Dycom Industries's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dycom Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Dycom Industries 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, Dycom Industries's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=-2.503/131.7762*131.7762
=-2.503

Current CPI (Apr. 2024) = 131.7762.

Dycom Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 -0.673 100.520 -0.882
201410 -0.160 100.176 -0.210
201501 1.265 98.604 1.691
201504 0.060 99.824 0.079
201507 -0.205 100.691 -0.268
201510 -1.831 100.346 -2.404
201601 0.694 99.957 0.915
201604 -0.410 100.947 -0.535
201607 4.227 101.524 5.487
201610 -2.302 101.988 -2.974
201701 2.015 102.456 2.592
201704 -0.468 103.167 -0.598
201707 2.298 103.278 2.932
201710 0.021 104.070 0.027
201801 1.839 104.578 2.317
201804 -0.249 105.708 -0.310
201807 -0.895 106.324 -1.109
201810 -2.809 106.695 -3.469
201901 2.913 106.200 3.615
201904 -2.853 107.818 -3.487
201907 -2.573 108.250 -3.132
201910 -1.191 108.577 -1.445
202001 4.895 108.841 5.927
202004 1.876 108.173 2.285
202007 2.066 109.318 2.490
202010 2.688 109.861 3.224
202101 2.060 110.364 2.460
202104 0.264 112.673 0.309
202107 -0.532 115.183 -0.609
202110 1.666 116.696 1.881
202201 2.947 118.619 3.274
202204 -3.176 121.978 -3.431
202207 -1.791 125.002 -1.888
202210 -2.010 125.734 -2.107
202301 5.608 126.223 5.855
202304 -3.921 127.992 -4.037
202307 0.162 128.974 0.166
202310 -3.334 129.810 -3.385
202401 8.285 130.124 8.390
202404 -2.503 131.776 -2.503

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


Dycom Industries  (STU:DYI) 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.

Dycom Industries's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=165.00/1.85
=89.19

* 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 Dycom Industries was 375.21. The lowest was 23.84. And the median was 61.94.


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.


Dycom Industries Cyclically Adjusted FCF per Share Related Terms

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


Dycom Industries (STU:DYI) Business Description

Industry
Traded in Other Exchanges
Address
11780 US Highway 1, Suite 600, Palm Beach Gardens, FL, USA, 33408
Dycom Industries Inc is a provider of specialty contracting services to the telecommunications infrastructure and utility industries. its operating companies supply telecommunications providers with a comprehensive portfolio of specialty services, including program management; planning; engineering and design; aerial, underground, and wireless construction; maintenance; and fulfillment services and provides underground facility locating services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities. It also provides a range of construction, maintenance, and installation services, including the placement and splicing of fiber, copper, and coaxial cables. The company operates throughout the United States.

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