GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Stantec Inc (TSX:STN) » Definitions » Cyclically Adjusted FCF per Share

Stantec (TSX:STN) Cyclically Adjusted FCF per Share : C$2.94 (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Stantec 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.

Stantec's adjusted free cash flow per share for the three months ended in Mar. 2024 was C$0.319. 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 C$2.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Stantec's average Cyclically Adjusted FCF Growth Rate was 7.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 10.40% 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 Stantec was 39.20% per year. The lowest was 4.40% per year. And the median was 15.90% per year.

As of today (2024-06-07), Stantec's current stock price is C$113.51. Stantec's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$2.94. Stantec's Cyclically Adjusted Price-to-FCF of today is 38.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Stantec was 40.90. The lowest was 17.23. And the median was 24.07.


Stantec Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Stantec'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.

Stantec Cyclically Adjusted FCF per Share Chart

Stantec 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 1.78 2.20 2.50 2.67 2.86

Stantec 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 2.73 2.75 2.79 2.86 2.94

Competitive Comparison of Stantec's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, Stantec'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.


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

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

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



Stantec 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, Stantec'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)
=0.319/126.2576*126.2576
=0.319

Current CPI (Mar. 2024) = 126.2576.

Stantec Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.040 99.473 0.051
201409 0.923 99.394 1.172
201412 0.944 98.367 1.212
201503 -1.092 99.789 -1.382
201506 0.571 100.500 0.717
201509 0.787 100.421 0.989
201512 1.460 99.947 1.844
201603 -0.270 101.054 -0.337
201606 0.183 102.002 0.227
201609 0.338 101.765 0.419
201612 1.638 101.449 2.039
201703 -0.377 102.634 -0.464
201706 0.768 103.029 0.941
201709 0.222 103.345 0.271
201712 1.053 103.345 1.286
201803 -1.280 105.004 -1.539
201806 0.437 105.557 0.523
201809 0.224 105.636 0.268
201812 0.967 105.399 1.158
201903 -1.004 106.979 -1.185
201906 1.269 107.690 1.488
201909 1.122 107.611 1.316
201912 2.137 107.769 2.504
202003 -0.465 107.927 -0.544
202006 2.181 108.401 2.540
202009 1.387 108.164 1.619
202012 1.998 108.559 2.324
202103 0.429 110.298 0.491
202106 0.606 111.720 0.685
202109 0.751 112.905 0.840
202112 1.319 113.774 1.464
202203 -0.062 117.646 -0.067
202206 -0.159 120.806 -0.166
202209 0.658 120.648 0.689
202212 1.633 120.964 1.704
202303 0.134 122.702 0.138
202306 0.112 124.203 0.114
202309 1.564 125.230 1.577
202312 2.171 125.072 2.192
202403 0.319 126.258 0.319

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


Stantec  (TSX:STN) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=113.51/2.94
=38.61

* 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 Stantec was 40.90. The lowest was 17.23. And the median was 24.07.


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.


Stantec Cyclically Adjusted FCF per Share Related Terms

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


Stantec (TSX:STN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Stantec Inc (TSX:STN) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
10220 - 103 Avenue NW, Suite 400, Edmonton, AB, CAN, T5J 0K4
Stantec Inc is a sustainable engineering, architecture, and environmental consulting company. The company is geographically diversified in three regional operating units namely Canada, the United States and Global, offering similar services across all regions. The company offers services in various sectors across the project life cycle through five business operating units infrastructure, water, buildings, environmental services, and energy and resources. The company provides professional services in all phases of the project life cycle: planning, design, construction administration, commissioning, maintenance, decommissioning, and remediation.
Executives
Steve Marvin Fleck Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer