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LSI Industries (FRA:LS2) Cyclically Adjusted FCF per Share : €0.67 (As of Mar. 2024)


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What is LSI Industries 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.

LSI Industries's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.341. 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 €0.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, LSI Industries's average Cyclically Adjusted FCF Growth Rate was 23.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -1.50% 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 LSI Industries was 63.00% per year. The lowest was -14.70% per year. And the median was 5.60% per year.

As of today (2024-05-10), LSI Industries's current stock price is €14.50. LSI Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.67. LSI Industries's Cyclically Adjusted Price-to-FCF of today is 21.64.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of LSI Industries was 27.96. The lowest was 6.58. And the median was 15.23.


LSI Industries Cyclically Adjusted FCF per Share Historical Data

The historical data trend for LSI Industries'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.

LSI Industries Cyclically Adjusted FCF per Share Chart

LSI Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.38 0.49 0.47 0.60

LSI Industries 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 0.53 0.60 0.64 0.63 0.67

Competitive Comparison of LSI Industries's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, LSI Industries'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.


LSI Industries's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LSI Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



LSI Industries 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, LSI Industries'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)
=0.341/129.4194*129.4194
=0.341

Current CPI (Mar. 2024) = 129.4194.

LSI Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 100.560 0.000
201409 -0.037 100.428 -0.048
201412 0.313 99.070 0.409
201503 0.376 99.621 0.488
201506 -0.078 100.684 -0.100
201509 0.056 100.392 0.072
201512 0.018 99.792 0.023
201603 0.165 100.470 0.213
201606 0.037 101.688 0.047
201609 -0.056 101.861 -0.071
201612 0.128 101.863 0.163
201703 0.277 102.862 0.349
201706 0.177 103.349 0.222
201709 -0.105 104.136 -0.130
201712 0.065 104.011 0.081
201803 0.213 105.290 0.262
201806 0.079 106.317 0.096
201809 0.050 106.507 0.061
201812 0.152 105.998 0.186
201903 -0.068 107.251 -0.082
201906 0.163 108.070 0.195
201909 0.207 108.329 0.247
201912 0.467 108.420 0.557
202003 -0.144 108.902 -0.171
202006 0.381 108.767 0.453
202009 0.228 109.815 0.269
202012 0.159 109.897 0.187
202103 0.321 111.754 0.372
202106 0.080 114.631 0.090
202109 -0.251 115.734 -0.281
202112 -0.287 117.630 -0.316
202203 0.108 121.301 0.115
202206 0.268 125.017 0.277
202209 0.358 125.227 0.370
202212 0.288 125.222 0.298
202303 0.370 127.348 0.376
202306 0.478 128.729 0.481
202309 0.288 129.860 0.287
202312 0.223 129.419 0.223
202403 0.341 129.419 0.341

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


LSI Industries  (FRA:LS2) 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.

LSI Industries's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=14.50/0.67
=21.64

* 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 LSI Industries was 27.96. The lowest was 6.58. And the median was 15.23.


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.


LSI Industries Cyclically Adjusted FCF per Share Related Terms

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


LSI Industries (FRA:LS2) Business Description

Industry
Traded in Other Exchanges
Address
10000 Alliance Road, Cincinnati, OH, USA, 45242
LSI Industries Inc provides corporate visual image solutions to the petroleum and convenience store industry. The company's operating segments include Lighting and Display Solutions. It generates maximum revenue from the Lighting segment. Lighting Segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets including the petroleum/convenience store, quick-service, and automotive markets. The Display Solutions Segment manufactures, sells and installs exterior and interior visual image and display elements, including printed graphics, structural graphics, digital signage, menu board systems, display fixtures, refrigerated displays, and custom display elements.

LSI Industries (FRA:LS2) Headlines

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