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Exponent (Exponent) Cyclically Adjusted Price-to-FCF : 54.88 (As of May. 22, 2024)


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What is Exponent Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Exponent's current share price is $97.13. Exponent's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.77. Exponent's Cyclically Adjusted Price-to-FCF for today is 54.88.

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

EXPO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 30.83   Med: 53.29   Max: 93.38
Current: 54.81

During the past years, Exponent's highest Cyclically Adjusted Price-to-FCF was 93.38. The lowest was 30.83. And the median was 53.29.

EXPO's Cyclically Adjusted Price-to-FCF is ranked worse than
83.79% of 580 companies
in the Construction industry
Industry Median: 18.005 vs EXPO: 54.81

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.

Exponent's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.174. 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 $1.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Exponent Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Exponent'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.

Exponent Cyclically Adjusted Price-to-FCF Chart

Exponent Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.91 75.21 82.57 63.38 51.78

Exponent Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 63.00 57.56 52.41 51.78 46.84

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

For the Engineering & Construction subindustry, Exponent'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.


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

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

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



Exponent 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=97.13/1.77
=54.88

* 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.

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

For example, Exponent'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)
=0.174/131.7762*131.7762
=0.174

Current CPI (Mar. 2024) = 131.7762.

Exponent Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.285 100.560 0.373
201409 0.243 100.428 0.319
201412 0.387 99.070 0.515
201503 0.020 99.621 0.026
201506 0.220 100.684 0.288
201509 0.309 100.392 0.406
201512 0.463 99.792 0.611
201603 -0.021 100.470 -0.028
201606 0.226 101.688 0.293
201609 0.239 101.861 0.309
201612 0.526 101.863 0.680
201703 -0.057 102.862 -0.073
201706 0.329 103.349 0.419
201709 0.166 104.136 0.210
201712 0.731 104.011 0.926
201803 -0.058 105.290 -0.073
201806 0.408 106.317 0.506
201809 0.289 106.507 0.358
201812 0.743 105.998 0.924
201903 -0.333 107.251 -0.409
201906 0.561 108.070 0.684
201909 0.425 108.329 0.517
201912 0.924 108.420 1.123
202003 -0.282 108.902 -0.341
202006 0.882 108.767 1.069
202009 0.499 109.815 0.599
202012 0.751 109.897 0.901
202103 -0.023 111.754 -0.027
202106 0.796 114.631 0.915
202109 0.445 115.734 0.507
202112 0.989 117.630 1.108
202203 -0.169 121.301 -0.184
202206 0.513 125.017 0.541
202209 0.504 125.227 0.530
202212 0.729 125.222 0.767
202303 -0.239 127.348 -0.247
202306 0.679 128.729 0.695
202309 0.366 129.860 0.371
202312 1.347 129.419 1.372
202403 0.174 131.776 0.174

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.


Exponent  (NAS:EXPO) 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.


Exponent Cyclically Adjusted Price-to-FCF Related Terms

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


Exponent (Exponent) Business Description

Industry
Traded in Other Exchanges
Address
149 Commonwealth Drive, Menlo Park, CA, USA, 94025
Exponent Inc provides engineering and scientific consulting services on a project-by-project basis. The company's consultant team is composed of scientists, physicians, engineers, as well as business and regulatory consultants. The company currently operates through two segments. The engineering and other scientific segments, which accounts for the majority of revenue, provides servicing encompassing biomechanics, biomedical engineering, buildings and structures, civil engineering, construction consulting, etc. The environmental and health segment covers chemical regulation and food safety, ecological and biological sciences, environmental and earth sciences and others. The company generates almost all of its revenues from America.
Executives
Reitman Maureen T. F. officer: Group Vice President 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Bradley A James officer: Group Vice President 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Steven J Murray officer: Group Vice President 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Richard Reiss officer: Group Vice President 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Joseph Rakow officer: Group Vice President 149 COMMONWEATH DRIVE, MENLO PARK CA 94025
Eric Guyer officer: Group Vice Presient 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Harri Kytomaa officer: Group Vice President 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Carol Lindstrom director 5994 SILVERADO TRAIL, NAPA CA 94558
Sally Shepard officer: VP, Human Resources 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
George H. Brown director 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Paul R Johnston officer: Chief Operating Officer EXPONENT INC, 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
John Joseph Doyle officer: Group Vice President 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Schlenker Richard L Jr officer: Chief Financial Officer EPONENT INC, 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
John Pye officer: Group Vice President 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Debra Zumwalt director 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025