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Legrand (Legrand) Cyclically Adjusted Price-to-FCF : 24.89 (As of Jun. 08, 2024)


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What is Legrand Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Legrand's current share price is $21.16. Legrand's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.85. Legrand's Cyclically Adjusted Price-to-FCF for today is 24.89.

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

LGRDY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.97   Med: 25.38   Max: 33.43
Current: 25.01

During the past years, Legrand's highest Cyclically Adjusted Price-to-FCF was 33.43. The lowest was 18.97. And the median was 25.38.

LGRDY's Cyclically Adjusted Price-to-FCF is ranked better than
61.63% of 1032 companies
in the Industrial Products industry
Industry Median: 32.78 vs LGRDY: 25.01

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.

Legrand's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.120. 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 $0.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Legrand Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Legrand'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.

Legrand Cyclically Adjusted Price-to-FCF Chart

Legrand 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 26.93 25.55 33.40 22.14 24.43

Legrand 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 23.54 24.44 22.97 24.43 24.94

Competitive Comparison of Legrand's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Legrand'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.


Legrand's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Legrand's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Legrand 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=21.16/0.85
=24.89

* 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.

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

For example, Legrand'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)
=0.12/119.4700*119.4700
=0.120

Current CPI (Mar. 2024) = 119.4700.

Legrand Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.176 100.180 0.210
201409 0.155 99.920 0.185
201412 0.235 99.860 0.281
201503 0.045 100.170 0.054
201506 0.156 100.440 0.186
201509 0.136 99.950 0.163
201512 0.210 100.040 0.251
201603 0.031 100.020 0.037
201606 0.130 100.630 0.154
201609 0.357 100.340 0.425
201612 0.195 100.650 0.231
201703 0.065 101.170 0.077
201706 0.120 101.320 0.141
201709 0.166 101.330 0.196
201712 0.241 101.850 0.283
201803 0.060 102.750 0.070
201806 0.139 103.370 0.161
201809 0.183 103.560 0.211
201812 0.258 103.470 0.298
201903 0.051 103.890 0.059
201906 0.259 104.580 0.296
201909 0.242 104.500 0.277
201912 0.308 104.980 0.351
202003 0.094 104.590 0.107
202006 0.103 104.790 0.117
202009 0.317 104.550 0.362
202012 0.483 104.960 0.550
202103 0.210 105.750 0.237
202106 0.291 106.340 0.327
202109 0.178 106.810 0.199
202112 0.149 107.850 0.165
202203 0.036 110.490 0.039
202206 0.216 112.550 0.229
202209 0.218 112.740 0.231
202212 0.329 114.160 0.344
202303 0.264 116.790 0.270
202306 0.390 117.650 0.396
202309 0.321 118.260 0.324
202312 0.305 118.390 0.308
202403 0.120 119.470 0.120

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.


Legrand  (OTCPK:LGRDY) 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.


Legrand Cyclically Adjusted Price-to-FCF Related Terms

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


Legrand (Legrand) Business Description

Industry
Address
128, Avenue de Lattre de Tassigny, Cedex, Limoges, FRA, 87045
Legrand is a global manufacturer of low-voltage electrical components, which are mostly used in residential (40%) and nonresidential (40%) buildings. Its products include wiring devices, cable management, lighting, and audio visual equipment, sold under approximately 80 brands across 180 countries. Its products are sold primarily through specialist distributors that subsequently sell to installers/electricians. Legrand is a major supplier to global electrical equipment distributors, including Rexel and Sonepar. North America and Europe each account for 40% of group sales.