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URS (FRA:URS) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is URS Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


URS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for URS'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.

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URS Cyclically Adjusted Price-to-FCF Chart

URS Annual Data
Trend Oct04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted Price-to-FCF
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URS Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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Competitive Comparison of URS's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, URS'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.


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

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

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



URS 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.

URS's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2014 is calculated as:

For example, URS's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2014 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2014 (Change)*Current CPI (Jun. 2014)
=3.926/100.5595*100.5595
=3.926

Current CPI (Jun. 2014) = 100.5595.

URS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200407 0.791 79.910 0.995
200410 0.091 80.543 0.114
200503 0.162 81.555 0.200
200506 1.236 82.062 1.515
200509 0.622 83.876 0.746
200512 1.008 83.032 1.221
200603 -0.724 84.298 -0.864
200606 0.706 85.606 0.829
200609 1.559 85.606 1.831
200612 0.461 85.142 0.544
200703 -0.768 86.640 -0.891
200706 0.910 87.906 1.041
200709 1.569 87.964 1.794
200712 1.463 88.616 1.660
200803 -0.297 90.090 -0.332
200806 1.578 92.320 1.719
200809 0.305 92.307 0.332
200812 0.743 88.697 0.842
200903 1.981 89.744 2.220
200906 0.765 91.003 0.845
200909 0.954 91.120 1.053
200912 1.649 91.111 1.820
201003 -0.661 91.821 -0.724
201006 1.753 91.962 1.917
201009 2.047 92.162 2.234
201012 1.533 92.474 1.667
201103 0.904 94.283 0.964
201106 1.176 95.235 1.242
201109 0.671 95.727 0.705
201112 1.352 95.213 1.428
201203 -0.392 96.783 -0.407
201206 0.105 96.819 0.109
201209 2.351 97.633 2.421
201212 1.098 96.871 1.140
201303 0.255 98.209 0.261
201306 0.198 98.518 0.202
201309 2.491 98.790 2.536
201312 2.338 98.326 2.391
201403 -1.474 99.695 -1.487
201406 3.926 100.560 3.926

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.


URS  (FRA:URS) 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.


URS Cyclically Adjusted Price-to-FCF Related Terms

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


URS (FRA:URS) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » URS Corp (FRA:URS) » Definitions » Cyclically Adjusted Price-to-FCF
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Address
URS Corporation was originally incorporated in California on May 1, 1957 under the former name of Broadview Research Corporation. On May 18, 1976, it re-incorporated in Delaware under the name URS Corporation. After several additional name changes, it re-adopted the name 'URS Corporation' on February 21, 1990. The Company is an international provider of engineering, construction and technical services. It offers a range of program management, planning, design, engineering, construction and construction management, operations and maintenance, and decommissioning and closure services to public agencies and private sector clients around the world. It is also a U.S. federal government contractor in the areas of systems engineering and technical assistance, and operations and maintenance. The Company expertise is focused in four market sectors: power, infrastructure, federal, and industrial and commercial. Within these markets, it offers a broad range of services, including program management; planning, design and engineering; systems engineering and technical assistance; IT services; construction and construction management; operations and maintenance; and decommissioning and closure. In the power sector, the Company plans, designs, engineers, constructs, retrofits and maintains a wide range of power-generating facilities, as well as the systems that transmit and distribute electricity. Its services include planning, siting and licensing, permitting, engineering, procurement, construction and construction management, facility start-up, operations and maintenance, upgrades and modifications, and decommissioning and closure. It provides these services to utilities, industrial co-generators, independent power producers, original equipment manufacturers and government utilities. In the infrastructure sector, the Company plans, designs, engineers, constructs, retrofits and maintains a wide range of power-generating facilities, as well as the systems that transmit and distribute electricity. Its services include planning, siting and licensing, permitting, engineering, procurement, construction and construction management, facility start-up, operations and maintenance, upgrades and modifications, and decommissioning and closure. As a contractor to the U.S. federal government and national governments of other countries, it serves a wide variety of government departments and agencies, including the DOD, DHS, Department of Energy, as well as the General Services Administration, the Environmental Protection Agency, NASA and other federal agencies. The Company's services range from program management; planning, design and engineering; systems engineering and technical assistance; and IT services to construction and construction management; operations and maintenance; and decommissioning and closure. In industrial and commercial sector it provides a wide range of engineering, procurement and construction services for new industrial and commercial

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