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Louisiana-Pacific (Louisiana-Pacific) Cyclically Adjusted FCF per Share : $3.72 (As of Mar. 2024)


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What is Louisiana-Pacific Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Louisiana-Pacific's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.889. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $3.72 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Louisiana-Pacific's average Cyclically Adjusted FCF Growth Rate was 15.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 46.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 52.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Louisiana-Pacific was 94.30% per year. The lowest was -23.90% per year. And the median was 1.80% per year.

As of today (2024-06-07), Louisiana-Pacific's current stock price is $91.62. Louisiana-Pacific's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.72. Louisiana-Pacific's Cyclically Adjusted Price-to-FCF of today is 24.63.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Louisiana-Pacific was 204.93. The lowest was 13.96. And the median was 34.94.


Louisiana-Pacific Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Louisiana-Pacific's Cyclically Adjusted FCF per Share 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.

Louisiana-Pacific Cyclically Adjusted FCF per Share Chart

Louisiana-Pacific Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 1.10 2.51 3.49 3.48

Louisiana-Pacific Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 3.23 3.16 3.34 3.48 3.72

Competitive Comparison of Louisiana-Pacific's Cyclically Adjusted FCF per Share

For the Building Products & Equipment subindustry, Louisiana-Pacific'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.


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

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

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



Louisiana-Pacific Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Louisiana-Pacific'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)
=0.889/131.7762*131.7762
=0.889

Current CPI (Mar. 2024) = 131.7762.

Louisiana-Pacific Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.021 100.560 -0.028
201409 0.106 100.428 0.139
201412 -0.338 99.070 -0.450
201503 -0.415 99.621 -0.549
201506 0.161 100.684 0.211
201509 -0.227 100.392 -0.298
201512 -0.114 99.792 -0.151
201603 -0.215 100.470 -0.282
201606 0.581 101.688 0.753
201609 0.746 101.861 0.965
201612 0.384 101.863 0.497
201703 -0.036 102.862 -0.046
201706 0.829 103.349 1.057
201709 0.740 104.136 0.936
201712 0.694 104.011 0.879
201803 -0.082 105.290 -0.103
201806 1.320 106.317 1.636
201809 0.612 106.507 0.757
201812 0.200 105.998 0.249
201903 -0.735 107.251 -0.903
201906 0.129 108.070 0.157
201909 0.180 108.329 0.219
201912 0.479 108.420 0.582
202003 -0.292 108.902 -0.353
202006 1.009 108.767 1.222
202009 1.805 109.815 2.166
202012 2.725 109.897 3.268
202103 2.617 111.754 3.086
202106 4.167 114.631 4.790
202109 4.713 115.734 5.366
202112 0.899 117.630 1.007
202203 3.872 121.301 4.206
202206 4.679 125.017 4.932
202209 1.473 125.227 1.550
202212 -1.264 125.222 -1.330
202303 -3.236 127.348 -3.349
202306 0.208 128.729 0.213
202309 1.931 129.860 1.960
202312 1.319 129.419 1.343
202403 0.889 131.776 0.889

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Louisiana-Pacific  (NYSE:LPX) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Louisiana-Pacific's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=91.62/3.72
=24.63

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Louisiana-Pacific was 204.93. The lowest was 13.96. And the median was 34.94.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Louisiana-Pacific Cyclically Adjusted FCF per Share Related Terms

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


Louisiana-Pacific (Louisiana-Pacific) Business Description

Industry
Traded in Other Exchanges
Address
1610 West End Ave, Suite 200, Nashville, TN, USA, 37203
Louisiana-Pacific is primarily an oriented strand board producer, while offering engineered wood siding used in home construction and repair and remodel projects. The company is largely exposed to the North American housing market but has also established capacity in Brazil and Chile.
Executives
Michael W Blosser officer: SVP, Manufacturing Services 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Lizanne C Gottung director 1610 WEST END AVENUE, SUITE 200, NASHVILLE TN 37203
Derek Nelson Doyle officer: Principal Accounting Officer 1610 WEST END AVENUE, NASHVILLE TN 37203
Alan Haughie officer: EVP, CFO 860 RIDGE LAKE BLVD., MEMPHIS TN 38120
Jimmy Earl Mason officer: EVP & General Manager of OSB 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219-1711
Jose A Bayardo director 11700 OLD KATY ROAD SUITE 300, HOUSTON TX 77079
Robin H Everhart officer: SVP, CHRO 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Nicole C Daniel officer: SVP, General Counsel 414 UNION STREET, NASHVILLE TN 37219
William Bradley Southern officer: Senior Vice President 1610 WEST END AVENUE, NASHVILLE TN 37203
Stephen E. Macadam director C/O ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Michael Sims officer: SVP Sales and Marketing 414 UNION STREET, NASHVILLE TN 37219
Neil Sherman officer: SVP EWP 414 UNION STREET, NASHVILLE TN 37129
Jason Paul Ringbloom officer: EVP OSB 414 UNION STREET, NASHVILLE TN 37219
Kurt M Landgraf director ONE RIVERFRONT PLAZA, CORNING NY 14831
Gary Cook director C/O TRIMERIS, INC., 3500 PARAMOUNT PARKWAY, MORRISVILLE NC 27560