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Louisiana-Pacific (STU:LP3) Cyclically Adjusted FCF per Share : €3.40 (As of Mar. 2024)


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What is Louisiana-Pacific 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.

Louisiana-Pacific's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.818. 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 €3.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Louisiana-Pacific's average Cyclically Adjusted FCF Growth Rate was 15.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 46.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 52.20% 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 Louisiana-Pacific was 94.30% per year. The lowest was -23.90% per year. And the median was 1.80% per year.

As of today (2024-05-23), Louisiana-Pacific's current stock price is €84.76. Louisiana-Pacific's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.40. Louisiana-Pacific's Cyclically Adjusted Price-to-FCF of today is 24.93.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Louisiana-Pacific was 204.93. The lowest was 13.96. And the median was 34.94.


Louisiana-Pacific Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Louisiana-Pacific'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.

Louisiana-Pacific Cyclically Adjusted FCF per Share Chart

Louisiana-Pacific Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.88 2.21 3.30 3.17

Louisiana-Pacific 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 2.97 2.90 3.20 3.17 3.40

Competitive Comparison of Louisiana-Pacific's Cyclically Adjusted FCF per Share

For the Building Products & Equipment subindustry, Louisiana-Pacific'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.


Louisiana-Pacific's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



Louisiana-Pacific 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, Louisiana-Pacific'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)
=0.818/131.7762*131.7762
=0.818

Current CPI (Mar. 2024) = 131.7762.

Louisiana-Pacific Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.015 100.560 -0.020
201409 0.082 100.428 0.108
201412 -0.274 99.070 -0.364
201503 -0.383 99.621 -0.507
201506 0.143 100.684 0.187
201509 -0.202 100.392 -0.265
201512 -0.104 99.792 -0.137
201603 -0.193 100.470 -0.253
201606 0.517 101.688 0.670
201609 0.665 101.861 0.860
201612 0.364 101.863 0.471
201703 -0.034 102.862 -0.044
201706 0.738 103.349 0.941
201709 0.621 104.136 0.786
201712 0.586 104.011 0.742
201803 -0.066 105.290 -0.083
201806 1.130 106.317 1.401
201809 0.524 106.507 0.648
201812 0.175 105.998 0.218
201903 -0.650 107.251 -0.799
201906 0.114 108.070 0.139
201909 0.164 108.329 0.199
201912 0.431 108.420 0.524
202003 -0.264 108.902 -0.319
202006 0.896 108.767 1.086
202009 1.533 109.815 1.840
202012 2.240 109.897 2.686
202103 2.198 111.754 2.592
202106 3.458 114.631 3.975
202109 4.006 115.734 4.561
202112 0.796 117.630 0.892
202203 3.516 121.301 3.820
202206 4.426 125.017 4.665
202209 1.488 125.227 1.566
202212 -1.193 125.222 -1.255
202303 -3.023 127.348 -3.128
202306 0.192 128.729 0.197
202309 1.809 129.860 1.836
202312 1.210 129.419 1.232
202403 0.818 131.776 0.818

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


Louisiana-Pacific  (STU:LP3) 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.

Louisiana-Pacific's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=84.76/3.4
=24.93

* 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 Louisiana-Pacific was 204.93. The lowest was 13.96. And the median was 34.94.


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.


Louisiana-Pacific Cyclically Adjusted FCF per Share Related Terms

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


Louisiana-Pacific (STU:LP3) Business Description

Industry
Traded in Other Exchanges
Address
1610 West End Ave, Suite 200, Nashville, TN, USA, 37203
Louisiana-Pacific is primarily an oriented strand board producer, while offering engineered wood siding used in home construction and repair and remodel projects. The company is largely exposed to the North American housing market but has also established capacity in Brazil and Chile.

Louisiana-Pacific (STU:LP3) Headlines

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