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AECOM (ACM) Cyclically Adjusted Price-to-FCF : 21.97 (As of Apr. 28, 2024)


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What is AECOM Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), AECOM's current share price is $94.05. AECOM's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.28. AECOM's Cyclically Adjusted Price-to-FCF for today is 21.97.

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

ACM' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.84   Med: 14.94   Max: 22.92
Current: 22

During the past years, AECOM's highest Cyclically Adjusted Price-to-FCF was 22.92. The lowest was 7.84. And the median was 14.94.

ACM's Cyclically Adjusted Price-to-FCF is ranked worse than
58.48% of 566 companies
in the Construction industry
Industry Median: 17.73 vs ACM: 22.00

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.

AECOM's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.633. 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 $4.28 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AECOM Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AECOM'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.

AECOM Cyclically Adjusted Price-to-FCF Chart

AECOM Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.18 12.16 15.94 16.03 18.94

AECOM Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 19.95 19.98 19.47 18.94 21.62

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

For the Engineering & Construction subindustry, AECOM'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.


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

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

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



AECOM 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=94.05/4.28
=21.97

* 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.

AECOM's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, AECOM's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.633/129.4194*129.4194
=0.633

Current CPI (Dec. 2023) = 129.4194.

AECOM Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.445 99.695 -0.578
201406 0.640 100.560 0.824
201409 1.577 100.428 2.032
201412 1.815 99.070 2.371
201503 0.039 99.621 0.051
201506 0.875 100.684 1.125
201509 1.650 100.392 2.127
201512 0.360 99.792 0.467
201603 0.441 100.470 0.568
201606 1.190 101.688 1.515
201609 1.984 101.861 2.521
201612 0.341 101.863 0.433
201703 -0.419 102.862 -0.527
201706 2.476 103.349 3.101
201709 1.426 104.136 1.772
201712 0.142 104.011 0.177
201803 0.578 105.290 0.710
201806 0.238 106.317 0.290
201809 3.136 106.507 3.811
201812 -1.403 105.998 -1.713
201903 0.513 107.251 0.619
201906 0.309 108.070 0.370
201909 4.787 108.329 5.719
201912 -1.485 108.420 -1.773
202003 -1.951 108.902 -2.319
202006 0.921 108.767 1.096
202009 3.816 109.815 4.497
202012 -0.155 109.897 -0.183
202103 0.019 111.754 0.022
202106 1.982 114.631 2.238
202109 2.009 115.734 2.247
202112 1.121 117.630 1.233
202203 -0.122 121.301 -0.130
202206 1.286 125.017 1.331
202209 1.762 125.227 1.821
202212 0.595 125.222 0.615
202303 -0.150 127.348 -0.152
202306 1.909 128.729 1.919
202309 1.886 129.860 1.880
202312 0.633 129.419 0.633

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.


AECOM  (NYSE:ACM) 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.


AECOM Cyclically Adjusted Price-to-FCF Related Terms

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


AECOM (ACM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AECOM (NYSE:ACM) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
13355 Noel Road, Suite 400, Dallas, TX, USA, 75240
Aecom is one of the largest global providers of design, engineering, construction, and management services. It serves a broad spectrum of end markets including infrastructure, water, transportation, and energy. Based in Los Angeles, Aecom has a presence in over 150 countries and employs 51,000. The company generated $14.4 billion in sales and $847 million in adjusted operating income in fiscal 2023.
Executives
Troy Rudd officer: EVP, CFO C/O AECOM, 1999 AVENUE OF THE STARS, SUITE 2600, LOS ANGELES CA 90064
Lara Poloni officer: Chief Executive, EMIA C/O AECOM, 1999 AVENUE OF THE STARS, SUITE 2600, LOS ANGELES CA 90067
Douglas Stotlar director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Daniel R. Tishman director, officer: Vice Chairman 555 S. FLOWER STREET, SUITE 3700, LOS ANGELES CA 90071
Todd Battley officer: Chief Strategy Officer C/O AECOM, 300 SOUTH GRAND AVENUE, 9TH FLOOR, LOS ANGELES CA 90071
Kristy Pipes director C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Van 't Noordende Alexander M director C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Diane C Creel director 249 BAY SHORE AVENUE, N/A, LONG BEACH CA 90803
Lydia H Kennard director 155 N LAKE AVE, PASADENA CA 91101
Shirley A Adams officer: Chief Human Resources Officer C/O AECOM, 300 SOUTH GRAND AVENUE, 9TH FLOOR, LOS ANGELES CA 90071
Brad W Buss director 198 CHAMPION COURT, SAN JOSE CA 95134
Chuan-sheng Chiao officer: President, Asia Pacific C/O AECOM, 1999 AVENUE OF THE STARS, SUITE 2600, LOS ANGELES CA 90067
David Y. Gan officer: Chief Legal Officer C/O AECOM, 1999 AVENUE OF THE STARS, SUITE 2600, LOS ANGELES CA 90067
John C. Vollmer officer: Group President, MS C/O AECOM, 1999 AVENUE OF THE STARS, SUITE 2600, LOS ANGELES CA 90067
Jacqueline C. Hinman director 9191 SOUTH JAMAICA STREET, ENGLEWOOD CO 80112