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Vulcan Materials Co (FRA:VMC) Cyclically Adjusted Price-to-FCF : 69.39 (As of May. 22, 2024)


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What is Vulcan Materials Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Vulcan Materials Co's current share price is €238.00. Vulcan Materials Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.43. Vulcan Materials Co's Cyclically Adjusted Price-to-FCF for today is 69.39.

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

FRA:VMC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.62   Med: 70.48   Max: 107.72
Current: 70.69

During the past years, Vulcan Materials Co's highest Cyclically Adjusted Price-to-FCF was 107.72. The lowest was 22.62. And the median was 70.48.

FRA:VMC's Cyclically Adjusted Price-to-FCF is ranked worse than
89.78% of 186 companies
in the Building Materials industry
Industry Median: 16.595 vs FRA:VMC: 70.69

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 adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.142. 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 €3.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vulcan Materials Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Vulcan Materials Co'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.

Vulcan Materials Co Cyclically Adjusted Price-to-FCF Chart

Vulcan Materials Co 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 86.19 69.97 78.93 57.27 63.46

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 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 54.12 67.03 60.83 63.46 73.59

Competitive Comparison of Vulcan Materials Co's Cyclically Adjusted Price-to-FCF

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 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=238.00/3.43
=69.39

* 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.

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

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)
=0.142/131.7762*131.7762
=0.142

Current CPI (Mar. 2024) = 131.7762.

Vulcan Materials Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.235 100.560 -0.308
201409 0.430 100.428 0.564
201412 0.338 99.070 0.450
201503 -0.212 99.621 -0.280
201506 -0.353 100.684 -0.462
201509 0.990 100.392 1.299
201512 1.109 99.792 1.464
201603 -0.129 100.470 -0.169
201606 -0.165 101.688 -0.214
201609 1.062 101.861 1.374
201612 1.241 101.863 1.605
201703 -0.269 102.862 -0.345
201706 -0.640 103.349 -0.816
201709 1.049 104.136 1.327
201712 0.954 104.011 1.209
201803 -0.216 105.290 -0.270
201806 0.411 106.317 0.509
201809 1.253 106.507 1.550
201812 0.917 105.998 1.140
201903 -0.039 107.251 -0.048
201906 0.544 108.070 0.663
201909 1.792 108.329 2.180
201912 1.754 108.420 2.132
202003 -0.409 108.902 -0.495
202006 1.752 108.767 2.123
202009 1.953 109.815 2.344
202012 1.229 109.897 1.474
202103 0.432 111.754 0.509
202106 0.852 114.631 0.979
202109 1.277 115.734 1.454
202112 1.024 117.630 1.147
202203 0.103 121.301 0.112
202206 0.140 125.017 0.148
202209 1.988 125.227 2.092
202212 1.680 125.222 1.768
202303 0.194 127.348 0.201
202306 0.864 128.729 0.884
202309 1.654 129.860 1.678
202312 1.888 129.419 1.922
202403 0.142 131.776 0.142

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.


Vulcan Materials Co  (FRA:VMC) 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.


Vulcan Materials Co Cyclically Adjusted Price-to-FCF Related Terms

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


Vulcan Materials Co (FRA:VMC) 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.

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