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LSI Industries (LSI Industries) Cyclically Adjusted FCF per Share : $0.70 (As of Dec. 2023)


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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 Dec. 2023 was $0.244. 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 $0.70 for the trailing ten years ended in Dec. 2023.

During the past 12 months, LSI Industries's average Cyclically Adjusted FCF Growth Rate was 29.60% 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 (2024-04-27), LSI Industries's current stock price is $14.77. LSI Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.70. LSI Industries's Cyclically Adjusted Price-to-FCF of today is 21.10.

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 15.21.


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 0.37 0.43 0.59 0.50 0.67

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 0.59 0.67 0.69 0.70 -

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 Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.244/129.4194*129.4194
=0.244

Current CPI (Dec. 2023) = 129.4194.

LSI Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.019 99.695 0.025
201406 0.001 100.560 0.001
201409 -0.047 100.428 -0.061
201412 0.386 99.070 0.504
201503 0.407 99.621 0.529
201506 -0.087 100.684 -0.112
201509 0.063 100.392 0.081
201512 0.020 99.792 0.026
201603 0.184 100.470 0.237
201606 0.042 101.688 0.053
201609 -0.063 101.861 -0.080
201612 0.135 101.863 0.172
201703 0.296 102.862 0.372
201706 0.199 103.349 0.249
201709 -0.125 104.136 -0.155
201712 0.077 104.011 0.096
201803 0.263 105.290 0.323
201806 0.092 106.317 0.112
201809 0.058 106.507 0.070
201812 0.173 105.998 0.211
201903 -0.077 107.251 -0.093
201906 0.185 108.070 0.222
201909 0.228 108.329 0.272
201912 0.519 108.420 0.620
202003 -0.159 108.902 -0.189
202006 0.429 108.767 0.510
202009 0.268 109.815 0.316
202012 0.194 109.897 0.228
202103 0.382 111.754 0.442
202106 0.096 114.631 0.108
202109 -0.295 115.734 -0.330
202112 -0.324 117.630 -0.356
202203 0.119 121.301 0.127
202206 0.283 125.017 0.293
202209 0.354 125.227 0.366
202212 0.305 125.222 0.315
202303 0.396 127.348 0.402
202306 0.518 128.729 0.521
202309 0.307 129.860 0.306
202312 0.244 129.419 0.244

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


LSI Industries  (NAS:LYTS) 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
=14.77/0.7
=21.10

* 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 15.21.


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 (LSI Industries) 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.
Executives
James E Galeese officer: Executive VP; CFO LSI INDUSTRIES INC., 10000 ALLIANCE RD, CINCINNATI OH 45242
James Anthony Clark officer: CEO and President 10000 ALLIANCE ROAD, CINCINNATI OH 45242
Jeffery S. Bastian officer: Chief Accounting Officer C/O LSI INDUSTRIES, 10000 ALLIANCE RD., CINCINNATI OH 45242
Thomas A Caneris officer: Sr. VP, HR and General Counsel 1901 CAMPUS PLACE, LOUISVILLE KY 40299
Michael A. Prachar officer: Chief Marketing Officer 10000 ALLIANCE ROAD, CINCINNATI OH 45242
Ronald D Brown director 2090 FLORENCE AVENUE, CINCINNATI OH 45206
Amy Hanson director C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Chantel E Lenard director 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Robert P. Beech director 9938 ZIG ZAG ROAD, CINCINNATI OH 45242
Marshall Ernest W Jr director 1000 EATON BLVD, CLEVELAND OH 44122
Steve A. Brunker officer: CIO 10000 ALLIANCE ROAD, CINCINNATI OH 45242
Sylvia M. Astrop officer: SVP Global Sourcing 10000 ALLIANCE ROAD, CINCINNATI OH 45242
John K Morgan director 1310 SEABOARD INDUSTRIAL BLVD, ATLANTA GA 30318
Michael C Beck officer: Sr Vice President - Operations 10000 ALLIANCE ROAD, CINCINNATI OH 45242
Crawford C. Lipsey officer: Interim President and COO 10000 ALLIANCE ROAD, CINCINNATI OH 45242