GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Vulcan Materials Co (NYSE:VMC) » Definitions » Cyclically Adjusted Price-to-FCF

Vulcan Materials Co (Vulcan Materials Co) Cyclically Adjusted Price-to-FCF : 72.97 (As of Apr. 27, 2024)


View and export this data going back to 1957. Start your Free Trial

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

As of today (2024-04-27), Vulcan Materials Co's current share price is $261.24. Vulcan Materials Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.58. Vulcan Materials Co's Cyclically Adjusted Price-to-FCF for today is 72.97.

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

VMC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.62   Med: 70.44   Max: 107.72
Current: 73.03

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 70.44.

VMC's Cyclically Adjusted Price-to-FCF is ranked worse than
92.67% of 191 companies
in the Building Materials industry
Industry Median: 14.8 vs VMC: 73.03

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 Dec. 2023 was $2.059. 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 $3.58 for the trailing ten years ended in Dec. 2023.

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
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 57.27 54.12 67.03 60.83 63.46

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
=261.24/3.58
=72.97

* 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.

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

For example, Vulcan Materials Co'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)
=2.059/129.4194*129.4194
=2.059

Current CPI (Dec. 2023) = 129.4194.

Vulcan Materials Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.385 99.695 -0.500
201406 -0.319 100.560 -0.411
201409 0.554 100.428 0.714
201412 0.416 99.070 0.543
201503 -0.230 99.621 -0.299
201506 -0.397 100.684 -0.510
201509 1.111 100.392 1.432
201512 1.208 99.792 1.567
201603 -0.144 100.470 -0.185
201606 -0.185 101.688 -0.235
201609 1.192 101.861 1.514
201612 1.310 101.863 1.664
201703 -0.288 102.862 -0.362
201706 -0.720 103.349 -0.902
201709 1.250 104.136 1.553
201712 1.129 104.011 1.405
201803 -0.266 105.290 -0.327
201806 0.480 106.317 0.584
201809 1.462 106.507 1.777
201812 1.044 105.998 1.275
201903 -0.044 107.251 -0.053
201906 0.614 108.070 0.735
201909 1.973 108.329 2.357
201912 1.949 108.420 2.326
202003 -0.452 108.902 -0.537
202006 1.973 108.767 2.348
202009 2.300 109.815 2.711
202012 1.496 109.897 1.762
202103 0.514 111.754 0.595
202106 1.027 114.631 1.159
202109 1.502 115.734 1.680
202112 1.157 117.630 1.273
202203 0.114 121.301 0.122
202206 0.148 125.017 0.153
202209 1.969 125.227 2.035
202212 1.779 125.222 1.839
202303 0.207 127.348 0.210
202306 0.936 128.729 0.941
202309 1.765 129.860 1.759
202312 2.059 129.419 2.059

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  (NYSE: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 (Vulcan Materials Co) 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.
Executives
Stanley G Bass officer: Chief Growth Officer 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
David P Clements officer: Senior Vice President, Central 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Melissa H. Anderson director ALBEMARLE CORPORATION, 4250 CONGRESS ST. SUITE 900, CHARLOTTE NC 28209
J Thomas Hill officer: Sr VP - South Region 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Randy L. Pigg officer: Vice President and Controller 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Mary Andrews Carlisle officer: SVP and CFO 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Lydia H Kennard director 155 N LAKE AVE, PASADENA CA 91101
Darren L. Hicks officer: Chief Human Resources Officer 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Perkins Jerry F Jr officer: General Counsel and Secetary 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Jason P Teter officer: President, S&GC Division 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Ronnie A Pruitt officer: Senior Vice President C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
David P Steiner director 1001 FANNIN ST, STE 4000, HOUSTON TX 77002
George Willis director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Franklin Denson N. Iii officer: SVP & General Counsel 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Michael R Mills officer: Senior Vice President and Gene 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242

Vulcan Materials Co (Vulcan Materials Co) Headlines