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Comfort Systems USA (STU:9CF) Cyclically Adjusted Price-to-FCF : 60.31 (As of May. 29, 2024)


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What is Comfort Systems USA Cyclically Adjusted Price-to-FCF?

As of today (2024-05-29), Comfort Systems USA's current share price is €313.00. Comfort Systems USA's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €5.19. Comfort Systems USA's Cyclically Adjusted Price-to-FCF for today is 60.31.

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

STU:9CF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.26   Med: 28.39   Max: 62.2
Current: 60.01

During the past years, Comfort Systems USA's highest Cyclically Adjusted Price-to-FCF was 62.20. The lowest was 13.26. And the median was 28.39.

STU:9CF's Cyclically Adjusted Price-to-FCF is ranked worse than
85.74% of 582 companies
in the Construction industry
Industry Median: 18.28 vs STU:9CF: 60.01

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.

Comfort Systems USA's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €3.123. 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 €5.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comfort Systems USA Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Comfort Systems USA'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.

Comfort Systems USA Cyclically Adjusted Price-to-FCF Chart

Comfort Systems USA 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 31.56 23.50 35.65 31.98 39.79

Comfort Systems USA 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 36.36 37.93 35.45 39.79 56.27

Competitive Comparison of Comfort Systems USA's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Comfort Systems USA'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.


Comfort Systems USA's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



Comfort Systems USA 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.

Comfort Systems USA's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=313.00/5.19
=60.31

* 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.

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

For example, Comfort Systems USA'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)
=3.123/131.7762*131.7762
=3.123

Current CPI (Mar. 2024) = 131.7762.

Comfort Systems USA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.348 100.560 0.456
201409 0.345 100.428 0.453
201412 0.027 99.070 0.036
201503 0.413 99.621 0.546
201506 0.577 100.684 0.755
201509 0.422 100.392 0.554
201512 0.428 99.792 0.565
201603 0.222 100.470 0.291
201606 0.379 101.688 0.491
201609 0.164 101.861 0.212
201612 0.892 101.863 1.154
201703 0.123 102.862 0.158
201706 0.108 103.349 0.138
201709 0.877 104.136 1.110
201712 0.668 104.011 0.846
201803 -0.037 105.290 -0.046
201806 0.572 106.317 0.709
201809 0.513 106.507 0.635
201812 1.736 105.998 2.158
201903 -0.187 107.251 -0.230
201906 0.446 108.070 0.544
201909 1.621 108.329 1.972
201912 0.807 108.420 0.981
202003 0.354 108.902 0.428
202006 3.259 108.767 3.948
202009 1.102 109.815 1.322
202012 1.471 109.897 1.764
202103 1.837 111.754 2.166
202106 0.442 114.631 0.508
202109 0.874 115.734 0.995
202112 0.513 117.630 0.575
202203 1.368 121.301 1.486
202206 0.880 125.017 0.928
202209 1.310 125.227 1.379
202212 3.110 125.222 3.273
202303 2.871 127.348 2.971
202306 2.591 128.729 2.652
202309 4.847 129.860 4.919
202312 3.779 129.419 3.848
202403 3.123 131.776 3.123

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.


Comfort Systems USA  (STU:9CF) 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.


Comfort Systems USA Cyclically Adjusted Price-to-FCF Related Terms

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


Comfort Systems USA (STU:9CF) Business Description

Industry
Traded in Other Exchanges
Address
675 Bering Drive, Suite 400, Houston, TX, USA, 77057
Comfort Systems USA Inc provides comprehensive mechanical contracting services, including heating, ventilation, & air conditioning, or HVAC; plumbing; piping & controls; construction; and other electrical components. Projects are mainly for commercial, industrial, & institutional buildings, & tend to be geared toward HVAC. Revenue is roughly split between installation services for newly constructed facilities & maintenance services for existing buildings. The company installs & repairs products and systems throughout the United States. It operates in two segments, Mechanical services & Electrical services, the majority is from the Mechanical services segment.

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