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Limbach Holdings (STU:J4B) Cyclically Adjusted FCF per Share : €1.11 (As of Mar. 2024)


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What is Limbach Holdings 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.

Limbach Holdings's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.502. 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 €1.11 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-04), Limbach Holdings's current stock price is €52.35. Limbach Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.11. Limbach Holdings's Cyclically Adjusted Price-to-FCF of today is 47.16.

During the past 10 years, the highest Cyclically Adjusted Price-to-FCF of Limbach Holdings was 47.55. The lowest was 32.22. And the median was 38.14.


Limbach Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Limbach Holdings'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.

Limbach Holdings Cyclically Adjusted FCF per Share Chart

Limbach Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
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Limbach Holdings 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 - - - - 1.11

Competitive Comparison of Limbach Holdings's Cyclically Adjusted FCF per Share

For the Building Products & Equipment subindustry, Limbach Holdings'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.


Limbach Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



Limbach Holdings 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, Limbach Holdings'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)
=-0.502/131.7762*131.7762
=-0.502

Current CPI (Mar. 2024) = 131.7762.

Limbach Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.030 100.560 0.039
201409 -0.169 100.428 -0.222
201412 -0.031 99.070 -0.041
201503 -0.041 99.621 -0.054
201506 -0.041 100.684 -0.054
201509 -1.092 100.392 -1.433
201512 1.244 99.792 1.643
201603 -1.171 100.470 -1.536
201606 1.074 101.688 1.392
201609 0.000 101.861 0.000
201612 0.000 101.863 0.000
201703 -0.672 102.862 -0.861
201706 0.456 103.349 0.581
201709 -0.708 104.136 -0.896
201712 0.034 104.011 0.043
201803 -0.091 105.290 -0.114
201806 -0.065 106.317 -0.081
201809 0.023 106.507 0.028
201812 2.625 105.998 3.263
201903 -0.544 107.251 -0.668
201906 -1.410 108.070 -1.719
201909 -0.341 108.329 -0.415
201912 1.895 108.420 2.303
202003 0.350 108.902 0.424
202006 2.110 108.767 2.556
202009 1.290 109.815 1.548
202012 0.415 109.897 0.498
202103 -1.603 111.754 -1.890
202106 -0.596 114.631 -0.685
202109 0.619 115.734 0.705
202112 -0.637 117.630 -0.714
202203 -0.273 121.301 -0.297
202206 1.368 125.017 1.442
202209 0.955 125.227 1.005
202212 1.048 125.222 1.103
202303 0.714 127.348 0.739
202306 1.311 128.729 1.342
202309 1.347 129.860 1.367
202312 1.001 129.419 1.019
202403 -0.502 131.776 -0.502

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


Limbach Holdings  (STU:J4B) 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.

Limbach Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=52.35/1.11
=47.16

* 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 10 years, the highest Cyclically Adjusted Price-to-FCF of Limbach Holdings was 47.55. The lowest was 32.22. And the median was 38.14.


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.


Limbach Holdings Cyclically Adjusted FCF per Share Related Terms

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


Limbach Holdings (STU:J4B) Business Description

Industry
Traded in Other Exchanges
Address
797 Commonwealth Drive, Warrendale, PA, USA, 15086
Limbach Holdings Inc is a commercial specialty contractor in the fields of heating, ventilation, air conditioning, plumbing, electrical, and building controls for the design and construction of new and renovated buildings, maintenance services, energy retrofits, and equipment upgrades. It operates in two segments namely General Contractor Relationships (GCR) and Owner Direct Relationships (ODR). The company generates maximum revenue from the GCR segment.

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