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Limbach Holdings (Limbach Holdings) Cyclically Adjusted FCF per Share : $1.20 (As of Mar. 2024)


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What is Limbach Holdings 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.

Limbach Holdings's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.545. 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 $1.20 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-05-15), Limbach Holdings's current stock price is $50.17. Limbach Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.20. Limbach Holdings's Cyclically Adjusted Price-to-FCF of today is 41.81.

During the past 10 years, the highest Cyclically Adjusted Price-to-FCF of Limbach Holdings was 42.04. The lowest was 24.93. And the median was 27.81.


Limbach Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Limbach Holdings'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.

Limbach Holdings Cyclically Adjusted FCF per Share Chart

Limbach Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
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Limbach Holdings 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 - - - - 1.20

Competitive Comparison of Limbach Holdings's Cyclically Adjusted FCF per Share

For the Building Products & Equipment subindustry, Limbach Holdings'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.


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

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

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



Limbach Holdings 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, Limbach Holdings'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)
=-0.545/129.4194*129.4194
=-0.545

Current CPI (Mar. 2024) = 129.4194.

Limbach Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.041 100.560 0.053
201409 -0.217 100.428 -0.280
201412 -0.038 99.070 -0.050
201503 -0.044 99.621 -0.057
201506 -0.045 100.684 -0.058
201509 -1.225 100.392 -1.579
201512 1.355 99.792 1.757
201603 -1.304 100.470 -1.680
201606 1.207 101.688 1.536
201609 0.000 101.861 0.000
201612 0.000 101.863 0.000
201703 -0.719 102.862 -0.905
201706 0.513 103.349 0.642
201709 -0.844 104.136 -1.049
201712 0.040 104.011 0.050
201803 -0.113 105.290 -0.139
201806 -0.075 106.317 -0.091
201809 0.027 106.507 0.033
201812 2.987 105.998 3.647
201903 -0.615 107.251 -0.742
201906 -1.593 108.070 -1.908
201909 -0.376 108.329 -0.449
201912 2.105 108.420 2.513
202003 0.387 108.902 0.460
202006 2.376 108.767 2.827
202009 1.519 109.815 1.790
202012 0.505 109.897 0.595
202103 -1.909 111.754 -2.211
202106 -0.718 114.631 -0.811
202109 0.728 115.734 0.814
202112 -0.720 117.630 -0.792
202203 -0.301 121.301 -0.321
202206 1.446 125.017 1.497
202209 0.946 125.227 0.978
202212 1.110 125.222 1.147
202303 0.765 127.348 0.777
202306 1.421 128.729 1.429
202309 1.438 129.860 1.433
202312 1.092 129.419 1.092
202403 -0.545 129.419 -0.545

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


Limbach Holdings  (NAS:LMB) 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.

Limbach Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=50.17/1.2
=41.81

* 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 10 years, the highest Cyclically Adjusted Price-to-FCF of Limbach Holdings was 42.04. The lowest was 24.93. And the median was 27.81.


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.


Limbach Holdings Cyclically Adjusted FCF per Share Related Terms

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


Limbach Holdings (Limbach Holdings) Business Description

Industry
Traded in Other Exchanges
Address
797 Commonwealth Drive, Warrendale, PA, USA, 15086
Limbach Holdings Inc is a commercial specialty contractor in the fields of heating, ventilation, air conditioning, plumbing, electrical, and building controls for the design and construction of new and renovated buildings, maintenance services, energy retrofits, and equipment upgrades. It operates in two segments namely General Contractor Relationships (GCR) and Owner Direct Relationships (ODR). The company generates maximum revenue from the GCR segment.
Executives
Jayme L. Brooks officer: EVP & Chief Financial Officer 21211 NORDHOFF STREET, CHATSWORTH CA 91311
Michael M Mccann officer: Chief Operating Officer 797 COMMONWEALTH DRIVE, WARRENDALE PA 15086
Norbert W. Young director 31-35TH STREET, PITTSBURGH PA 15201
Gordon G Pratt director, officer: President and CEO 1101 BRICKELL AVENUE, SOUTH TOWER, 8TH FLOOR, MIAMI FL 33131
Jay Sharp officer: President of Limbach 797 COMMWEALTH DRIVE, WARRENDALE PA 15086
Nicholas Angerosa officer: President of Harper 797 COMMWEALTH DRIVE, WARRENDALE PA 15086
Joshua Horowitz director 72-38 113TH STREET, APARTMENT 3L, FOREST HILLS NY 11375
Bacon Charles A. Iii officer: President and CEO 31-35TH STREET, PITTSBURGH PA 15201
Linda G Alvarado director 2140 LAKE PARK BOULEVARD, RICHARDSON TX 75080-2254
Laurel J Krzeminski director 585 WEST BEACH STREET, PO BOX 50085, WATSONVILLE CA 95076
1347 Investors Llc 10 percent owner 150 PIERCE ROAD, 6TH FLOOR, ITASCA IL 60143
Palm Global Small Cap Master Fund Lp director C/O PALM MANAGEMENT (US) LLC, 19 WEST ELM STREET, GREENWICH CT 06830
Bradley C Palmer other: Director by Deputization C/O PALM MANAGEMENT (US) LLC, 19 WEST ELM STREET, GREENWICH CT 06830
Palm Management (us) Llc director 19 WEST ELM STREET, GREENWICH CT 06830
Kingsway Financial Services Inc 10 percent owner 10 S. RIVERSIDE PLAZA, SUITE 1520, CHICAGO IL 60606