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Lafarge (XPAR:LGNV) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Lafarge Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lafarge Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lafarge'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.

Lafarge Cyclically Adjusted Price-to-FCF Chart

Lafarge Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted Price-to-FCF
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Lafarge Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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Competitive Comparison of Lafarge's Cyclically Adjusted Price-to-FCF

For the Building Materials subindustry, Lafarge'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.


Lafarge's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Lafarge's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Lafarge 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.

Lafarge's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2015 is calculated as:

For example, Lafarge's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2015 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2015 (Change)*Current CPI (Jun. 2015)
=-0.622/100.4400*100.4400
=-0.622

Current CPI (Jun. 2015) = 100.4400.

Lafarge Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200509 0.000 88.480 0.000
200512 0.000 88.390 0.000
200603 0.000 88.890 0.000
200606 -1.190 89.650 -1.333
200609 3.006 89.600 3.370
200612 3.397 89.710 3.803
200703 -2.312 89.950 -2.582
200706 0.269 90.720 0.298
200709 2.980 90.960 3.291
200712 2.306 92.030 2.517
200803 -2.037 92.810 -2.204
200806 -0.551 93.960 -0.589
200809 2.033 93.670 2.180
200812 0.929 92.950 1.004
200903 -2.618 93.090 -2.825
200906 3.071 93.500 3.299
200909 2.053 93.330 2.209
200912 2.831 93.800 3.031
201003 -1.419 94.570 -1.507
201006 1.167 94.910 1.235
201009 0.951 94.790 1.008
201012 2.447 95.450 2.575
201103 -1.786 96.450 -1.860
201106 -0.028 96.910 -0.029
201109 1.618 96.910 1.677
201112 2.101 97.800 2.158
201203 -2.000 98.670 -2.036
201206 0.185 98.780 0.188
201209 1.482 98.760 1.507
201212 2.149 99.100 2.178
201303 -1.670 99.630 -1.684
201306 0.056 99.700 0.056
201309 1.117 99.630 1.126
201312 1.044 99.800 1.051
201403 -0.902 100.240 -0.904
201406 -0.578 100.180 -0.580
201409 0.772 99.920 0.776
201412 1.009 99.860 1.015
201503 -1.095 100.170 -1.098
201506 -0.622 100.440 -0.622

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.


Lafarge  (XPAR:LGNV) 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.


Lafarge Cyclically Adjusted Price-to-FCF Related Terms

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Lafarge (XPAR:LGNV) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Lafarge SA is a French limited liability company governed by French law and was founded in France in 1833 and was incorporated in 1884 under the name "J. et A. Pavin de Lafarge". The Company provides building materials. It is engaged in producing & selling cement, aggregates and ready-mix concrete, mostly under the "Lafarge" brand name. Its building products and solutions are used to construct and renovate homes, buildings and infrastructures. At year-end 2013, Company cement production operated, in 56 countries, 113 cement plants and 42 grinding plants, with an annual production capacity of 221 million tons. It also manages cement trading activities. The Company aggregates and concrete are used as raw materials for concrete, masonry, asphalt, and other industrial processes, and as base materials for roads, landfills, and building. As of December 31, 2013, Company had approximately 437 production facilities for aggregates in 23 countries. The Company's Ready-mix concrete had 1,026 concrete plants in 33 countries as of December 31, 2014. The Company also produces asphalt in North America and the United Kingdom, and sells either as a stand-alone product, or in conjunction with contracted paving. The Company operates in Western Europe, North America, Central & Eastern Europe, Middle East & Africa, and Asia.

Lafarge (XPAR:LGNV) Headlines

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