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Landstar System (FRA:LDS) Cyclically Adjusted Price-to-FCF : 24.16 (As of May. 06, 2024)


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What is Landstar System Cyclically Adjusted Price-to-FCF?

As of today (2024-05-06), Landstar System's current share price is €165.00. Landstar System's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €6.83. Landstar System's Cyclically Adjusted Price-to-FCF for today is 24.16.

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

FRA:LDS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.91   Med: 27.09   Max: 38.93
Current: 23.98

During the past years, Landstar System's highest Cyclically Adjusted Price-to-FCF was 38.93. The lowest was 17.91. And the median was 27.09.

FRA:LDS's Cyclically Adjusted Price-to-FCF is ranked worse than
59.76% of 420 companies
in the Transportation industry
Industry Median: 18.12 vs FRA:LDS: 23.98

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.

Landstar System's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €2.038. 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 €6.83 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Landstar System Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Landstar System'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.

Landstar System Cyclically Adjusted Price-to-FCF Chart

Landstar System 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 28.15 30.81 35.39 24.32 25.78

Landstar System 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 25.46 26.90 23.92 25.78 -

Competitive Comparison of Landstar System's Cyclically Adjusted Price-to-FCF

For the Integrated Freight & Logistics subindustry, Landstar System'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.


Landstar System's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Landstar System's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Landstar System 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=165.00/6.83
=24.16

* 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.

Landstar System's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Landstar System'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)
=2.038/129.4194*129.4194
=2.038

Current CPI (Dec. 2023) = 129.4194.

Landstar System Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.205 99.695 0.266
201406 -0.011 100.560 -0.014
201409 0.885 100.428 1.140
201412 0.502 99.070 0.656
201503 0.967 99.621 1.256
201506 0.650 100.684 0.836
201509 1.335 100.392 1.721
201512 1.434 99.792 1.860
201603 1.505 100.470 1.939
201606 0.525 101.688 0.668
201609 1.210 101.861 1.537
201612 0.320 101.863 0.407
201703 1.268 102.862 1.595
201706 0.343 103.349 0.430
201709 1.004 104.136 1.248
201712 -0.002 104.011 -0.002
201803 1.314 105.290 1.615
201806 0.840 106.317 1.023
201809 1.833 106.507 2.227
201812 1.980 105.998 2.418
201903 2.574 107.251 3.106
201906 1.285 108.070 1.539
201909 1.622 108.329 1.938
201912 0.978 108.420 1.167
202003 2.150 108.902 2.555
202006 2.020 108.767 2.404
202009 -0.455 109.815 -0.536
202012 0.428 109.897 0.504
202103 1.439 111.754 1.666
202106 1.348 114.631 1.522
202109 1.562 115.734 1.747
202112 1.285 117.630 1.414
202203 2.217 121.301 2.365
202206 2.841 125.017 2.941
202209 5.924 125.227 6.122
202212 4.773 125.222 4.933
202303 3.447 127.348 3.503
202306 1.189 128.729 1.195
202309 2.848 129.860 2.838
202312 2.038 129.419 2.038

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.


Landstar System  (FRA:LDS) 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.


Landstar System Cyclically Adjusted Price-to-FCF Related Terms

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


Landstar System (FRA:LDS) Business Description

Industry
Traded in Other Exchanges
Address
13410 Sutton Park Drive South, Jacksonville, FL, USA, 32224
Landstar System is an agent based asset-light third-party logistics provider focused on domestic truck brokerage (90% of revenue). Historically, roughly half of its truck transportation freight is hauled by leased owner-operators with the remainder hauled by third-party broker-carriers. To a smaller degree, it offers intermodal, global air and ocean forwarding, and warehousing services. Landstar also runs a small business that offers insurance programs to captive owner-operators. It has a long history of industry-leading execution and operating profitability.

Landstar System (FRA:LDS) Headlines

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