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Lectra (XPAR:LSS) Cyclically Adjusted Price-to-FCF : 27.12 (As of May. 24, 2024)


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What is Lectra Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Lectra's current share price is €32.00. Lectra's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.18. Lectra's Cyclically Adjusted Price-to-FCF for today is 27.12.

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

XPAR:LSS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.67   Med: 31.51   Max: 48.92
Current: 28.26

During the past years, Lectra's highest Cyclically Adjusted Price-to-FCF was 48.92. The lowest was 16.67. And the median was 31.51.

XPAR:LSS's Cyclically Adjusted Price-to-FCF is ranked better than
51.52% of 656 companies
in the Software industry
Industry Median: 29.52 vs XPAR:LSS: 28.26

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.

Lectra's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.615. 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 €1.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lectra Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lectra'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.

Lectra Cyclically Adjusted Price-to-FCF Chart

Lectra 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 27.50 32.29 47.94 34.65 27.89

Lectra 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 35.77 26.11 23.66 27.89 27.37

Competitive Comparison of Lectra's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Lectra'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.


Lectra's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Lectra's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Lectra 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=32.00/1.18
=27.12

* 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.

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

For example, Lectra'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)
=0.615/119.4700*119.4700
=0.615

Current CPI (Mar. 2024) = 119.4700.

Lectra Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.124 100.180 0.148
201409 0.086 99.920 0.103
201412 0.320 99.860 0.383
201503 -0.036 100.170 -0.043
201506 0.153 100.440 0.182
201509 0.340 99.950 0.406
201512 0.222 100.040 0.265
201603 0.119 100.020 0.142
201606 0.105 100.630 0.125
201609 0.286 100.340 0.341
201612 0.240 100.650 0.285
201703 0.431 101.170 0.509
201706 0.068 101.320 0.080
201709 0.107 101.330 0.126
201712 0.430 101.850 0.504
201803 0.071 102.750 0.083
201806 0.139 103.370 0.161
201809 0.054 103.560 0.062
201812 0.400 103.470 0.462
201903 0.364 103.890 0.419
201906 0.134 104.580 0.153
201909 0.212 104.500 0.242
201912 0.612 104.980 0.696
202003 0.154 104.590 0.176
202006 -0.006 104.790 -0.007
202009 0.308 104.550 0.352
202012 0.514 104.960 0.585
202103 0.327 105.750 0.369
202106 0.106 106.340 0.119
202109 0.477 106.810 0.534
202112 0.411 107.850 0.455
202203 0.185 110.490 0.200
202206 0.249 112.550 0.264
202209 0.501 112.740 0.531
202212 0.378 114.160 0.396
202303 0.296 116.790 0.303
202306 0.254 117.650 0.258
202309 0.471 118.260 0.476
202312 0.356 118.390 0.359
202403 0.615 119.470 0.615

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.


Lectra  (XPAR:LSS) 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.


Lectra Cyclically Adjusted Price-to-FCF Related Terms

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


Lectra (XPAR:LSS) Business Description

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Address
16-18, Rue Chalgrin, Paris, FRA, 75016
Lectra is engaged in the design and development of software, CAD/CAM equipment, and associated services designed for industries using fabrics, leather, technical textiles, and composite materials to manufacture products. The company serves fashion and apparel, automotive, and furniture markets, as well as other industries, such as aeronautical, marine and wind power industries. It operates in Europe, the Americas, the Asia-Pacific, and internationally of which the majority of its revenue is derived from the Europe region.

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