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EMCOR Group (EMCOR Group) Cyclically Adjusted Price-to-FCF : 42.30 (As of Apr. 28, 2024)


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What is EMCOR Group Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), EMCOR Group's current share price is $354.02. EMCOR Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $8.37. EMCOR Group's Cyclically Adjusted Price-to-FCF for today is 42.30.

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

EME' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.59   Med: 20.59   Max: 43.61
Current: 42.29

During the past years, EMCOR Group's highest Cyclically Adjusted Price-to-FCF was 43.61. The lowest was 13.59. And the median was 20.59.

EME's Cyclically Adjusted Price-to-FCF is ranked worse than
78.27% of 566 companies
in the Construction industry
Industry Median: 17.73 vs EME: 42.29

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.

EMCOR Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $2.367. 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 $8.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


EMCOR Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for EMCOR Group'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.

EMCOR Group Cyclically Adjusted Price-to-FCF Chart

EMCOR Group 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 25.60 19.42 23.81 23.33 26.68

EMCOR Group 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 25.30 26.28 28.48 26.68 41.83

Competitive Comparison of EMCOR Group's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, EMCOR Group'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.


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

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

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



EMCOR Group 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=354.02/8.37
=42.30

* 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.

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

For example, EMCOR Group'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)
=2.367/129.4194*129.4194
=2.367

Current CPI (Mar. 2024) = 129.4194.

EMCOR Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.815 100.560 1.049
201409 0.861 100.428 1.110
201412 1.927 99.070 2.517
201503 -0.389 99.621 -0.505
201506 0.046 100.684 0.059
201509 1.492 100.392 1.923
201512 2.520 99.792 3.268
201603 -0.753 100.470 -0.970
201606 1.224 101.688 1.558
201609 1.185 101.861 1.506
201612 2.022 101.863 2.569
201703 -0.241 102.862 -0.303
201706 1.668 103.349 2.089
201709 2.141 104.136 2.661
201712 2.009 104.011 2.500
201803 -1.112 105.290 -1.367
201806 0.292 106.317 0.355
201809 1.465 106.507 1.780
201812 3.309 105.998 4.040
201903 -1.250 107.251 -1.508
201906 0.104 108.070 0.125
201909 3.638 108.329 4.346
201912 2.936 108.420 3.505
202003 -1.616 108.902 -1.920
202006 6.219 108.767 7.400
202009 4.744 109.815 5.591
202012 4.455 109.897 5.246
202103 -1.763 111.754 -2.042
202106 1.346 114.631 1.520
202109 2.069 115.734 2.314
202112 3.624 117.630 3.987
202203 -2.028 121.301 -2.164
202206 1.197 125.017 1.239
202209 5.020 125.227 5.188
202212 5.196 125.222 5.370
202303 -2.247 127.348 -2.284
202306 6.012 128.729 6.044
202309 5.089 129.860 5.072
202312 8.487 129.419 8.487
202403 2.367 129.419 2.367

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.


EMCOR Group  (NYSE:EME) 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.


EMCOR Group Cyclically Adjusted Price-to-FCF Related Terms

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


EMCOR Group (EMCOR Group) Business Description

Industry
Traded in Other Exchanges
Address
301 Merritt Seven, Norwalk, CT, USA, 06851-1092
EMCOR Group Inc is one of the largest electrical, mechanical, construction, and facilities services firms in the United States. It provides a wide range of services, including the installation of electrical distribution systems, voice & data communication systems, and environmental controls within buildings. The company's services are provided to a broad range of commercial, industrial, utility, and institutional customers. Emcor Group enters contracts for large installation projects in the multimillion-dollar range, or smaller projects involving renovations and retrofit work. It also operates as a subcontractor to general contractors, systems suppliers, and property managers. It generates sales primarily in the United States, but the company does offer services United kingdom.
Executives
R Kevin Matz officer: SVP, Admin & Strategic Service 301 MERRITT SEVEN 6TH FLOOR, NORWALK CT 06851
Anthony Guzzi officer: President & COO 301 MERRITT SEVEN, 6TH FLOOR, NORWALK CT 06851
Mark A Pompa officer: SVP, CAO & Treasurer 301 MERRITT SEVEN 6TH FLOOR, NORWALK CT 06851
Maxine Lum Mauricio officer: SVP and General Counsel 301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP INC., NORWALK CT 06851
Jason R Nalbandian officer: SVP & Chief Accounting Officer 301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP, INC., NORWALK CT 06851
Rebecca A Weyenberg director 1725 SHEPHERD RD, CHATTANOOGA TN 37421
Carol P Lowe director 4311 BEULAH CHURCH ROAD, WEDDINGTON NC 28104
M Kevin Mcevoy director C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
William P Reid director 301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP, INC., NORWALK CT 06851
Hamm Richard F Jr director 6370 OXBOW BEND, CHANHASSEN MN 55317
Ronald L Johnson director 3344 PEACHTREE STREET NE, #3403, ATLANTA GA 30326
John W Altmeyer director 946 HIGHMEADOW COURT, LANCASTER PA 17601
Brown David A B director
Robin A Walker-lee director C/O TRW AUTOMOTIVE, 12001 TECH CENTER DRIVE, LIVONIA MI 48150
Jerry E Ryan director 3201 EAST 65TH, TULSA OK 74136

EMCOR Group (EMCOR Group) Headlines