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Summit Materials (LTS:0LAI) Cyclically Adjusted Price-to-FCF : 39.81 (As of Jun. 09, 2024)


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What is Summit Materials Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Summit Materials's current share price is $37.816. Summit Materials's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.95. Summit Materials's Cyclically Adjusted Price-to-FCF for today is 39.81.

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

LTS:0LAI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 39.71   Med: 63.63   Max: 83.04
Current: 39.9

During the past years, Summit Materials's highest Cyclically Adjusted Price-to-FCF was 83.04. The lowest was 39.71. And the median was 63.63.

LTS:0LAI's Cyclically Adjusted Price-to-FCF is ranked worse than
77.27% of 198 companies
in the Building Materials industry
Industry Median: 15.67 vs LTS:0LAI: 39.90

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.

Summit Materials's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.717. 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 $0.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Summit Materials Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Summit Materials'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.

Summit Materials Cyclically Adjusted Price-to-FCF Chart

Summit Materials 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 - - - 55.22 61.11

Summit Materials 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 63.16 80.39 57.28 61.11 47.14

Competitive Comparison of Summit Materials's Cyclically Adjusted Price-to-FCF

For the Building Materials subindustry, Summit Materials'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.


Summit Materials's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Summit Materials's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Summit Materials 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=37.816/0.95
=39.81

* 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.

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

For example, Summit Materials'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)
=-0.717/131.7762*131.7762
=-0.717

Current CPI (Mar. 2024) = 131.7762.

Summit Materials Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.005 100.560 -1.317
201409 0.812 100.428 1.065
201412 3.221 99.070 4.284
201503 -2.771 99.621 -3.665
201506 -1.540 100.684 -2.016
201509 0.878 100.392 1.152
201512 1.871 99.792 2.471
201603 -1.545 100.470 -2.026
201606 -0.563 101.688 -0.730
201609 1.050 101.861 1.358
201612 1.301 101.863 1.683
201703 -0.890 102.862 -1.140
201706 -0.012 103.349 -0.015
201709 0.735 104.136 0.930
201712 0.998 104.011 1.264
201803 -0.896 105.290 -1.121
201806 -0.563 106.317 -0.698
201809 0.458 106.507 0.567
201812 0.896 105.998 1.114
201903 -0.817 107.251 -1.004
201906 0.028 108.070 0.034
201909 0.968 108.329 1.178
201912 1.177 108.420 1.431
202003 -0.872 108.902 -1.055
202006 0.489 108.767 0.592
202009 1.048 109.815 1.258
202012 1.311 109.897 1.572
202103 -0.774 111.754 -0.913
202106 0.274 114.631 0.315
202109 0.786 115.734 0.895
202112 0.919 117.630 1.030
202203 -0.616 121.301 -0.669
202206 -0.322 125.017 -0.339
202209 0.469 125.227 0.494
202212 0.622 125.222 0.655
202303 -0.533 127.348 -0.552
202306 0.255 128.729 0.261
202309 0.788 129.860 0.800
202312 1.011 129.419 1.029
202403 -0.717 131.776 -0.717

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.


Summit Materials  (LTS:0LAI) 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.


Summit Materials Cyclically Adjusted Price-to-FCF Related Terms

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


Summit Materials (LTS:0LAI) Business Description

Traded in Other Exchanges
Address
1801 California Street, Suite 3500, Denver, CO, USA, 80202
Summit Materials Inc is an aggregates supplier and cement producer in the United States. The company sells products that include aggregates, which it supplies across the United States, and in British Columbia, Canada, and cement, which it supplies to surrounding states along the Mississippi River from Minnesota to Louisiana. In addition to supplying aggregates to customers, the company uses a portion of its materials internally to produce ready-mix concrete and asphalt paving mix, which may be sold externally or used in its paving and related services businesses. The company operates in 22 U.S. states and in British Columbia, Canada and has assets in 21 U.S. states and in British Columbia, Canada through their platforms.

Summit Materials (LTS:0LAI) Headlines

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