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Sterling Infrastructure (Sterling Infrastructure) Cyclically Adjusted Price-to-FCF : 35.65 (As of Apr. 28, 2024)


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What is Sterling Infrastructure Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Sterling Infrastructure's current share price is $105.89. Sterling Infrastructure's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.97. Sterling Infrastructure's Cyclically Adjusted Price-to-FCF for today is 35.65.

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

STRL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.62   Med: 31.58   Max: 187.44
Current: 35.61

During the past years, Sterling Infrastructure's highest Cyclically Adjusted Price-to-FCF was 187.44. The lowest was 6.62. And the median was 31.58.

STRL's Cyclically Adjusted Price-to-FCF is ranked worse than
72.08% of 566 companies
in the Construction industry
Industry Median: 17.73 vs STRL: 35.61

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.

Sterling Infrastructure's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $4.173. 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 $2.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sterling Infrastructure Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sterling Infrastructure'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.

Sterling Infrastructure Cyclically Adjusted Price-to-FCF Chart

Sterling Infrastructure 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 95.76 82.28 39.92 24.96 29.57

Sterling Infrastructure Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 24.96 24.16 26.87 29.87 29.57

Competitive Comparison of Sterling Infrastructure's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Sterling Infrastructure'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.


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

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

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



Sterling Infrastructure 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=105.89/2.97
=35.65

* 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.

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

For example, Sterling Infrastructure'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)
=4.173/129.4194*129.4194
=4.173

Current CPI (Dec. 2023) = 129.4194.

Sterling Infrastructure Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.858 99.695 -1.114
201406 -0.037 100.560 -0.048
201409 -0.711 100.428 -0.916
201412 0.239 99.070 0.312
201503 -0.217 99.621 -0.282
201506 -0.145 100.684 -0.186
201509 0.168 100.392 0.217
201512 0.212 99.792 0.275
201603 -0.118 100.470 -0.152
201606 1.001 101.688 1.274
201609 0.244 101.861 0.310
201612 0.314 101.863 0.399
201703 -0.195 102.862 -0.245
201706 -0.487 103.349 -0.610
201709 0.583 104.136 0.725
201712 0.636 104.011 0.791
201803 -0.901 105.290 -1.107
201806 0.413 106.317 0.503
201809 1.095 106.507 1.331
201812 0.352 105.998 0.430
201903 -0.863 107.251 -1.041
201906 0.521 108.070 0.624
201909 0.367 108.329 0.438
201912 0.915 108.420 1.092
202003 0.122 108.902 0.145
202006 1.228 108.767 1.461
202009 1.148 109.815 1.353
202012 0.689 109.897 0.811
202103 0.935 111.754 1.083
202106 1.461 114.631 1.649
202109 0.927 115.734 1.037
202112 0.535 117.630 0.589
202203 0.385 121.301 0.411
202206 0.047 125.017 0.049
202209 2.531 125.227 2.616
202212 2.178 125.222 2.251
202303 1.131 127.348 1.149
202306 3.465 128.729 3.484
202309 4.476 129.860 4.461
202312 4.173 129.419 4.173

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.


Sterling Infrastructure  (NAS:STRL) 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.


Sterling Infrastructure Cyclically Adjusted Price-to-FCF Related Terms

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


Sterling Infrastructure (Sterling Infrastructure) Business Description

Traded in Other Exchanges
Address
1800 Hughes Landing Boulevard, Suite 250, The Woodlands, TX, USA, 77380
Sterling Infrastructure Inc is a construction company that specializes in heavy civil infrastructure construction and infrastructure rehabilitation as well as residential construction projects. The company operates in three reportable segments namely, Transportation Solutions, E-Infrastructure Solutions, and Building Solution. Transportation Solutions include highways, roads, bridges, airfields, ports, light rail, and others. Building Solution projects include concrete foundations for single-family homes. E-Infrastructure Solutions include the services which are provided to large, blue-chip companies in the e-commerce, data center, distribution center, and warehousing, energy, mixed-use, and multi-family sectors. The majority of the revenue is generated from E-Infrastructure Solutions. .
Executives
Ronald A Ballschmiede officer: EVP & CFO 1800 HUGHES LANDING BLVD, SUITE 250, THE WOODLANDS TX 77380
Mark D. Wolf officer: General Counsel, Corporate Sec 770 SOUTH POST OAK LANE, SUITE 405, C/O U.S. WELL SERVICES, INC., HOUSTON TX 77056
Joseph A Cutillo officer: Chief Executive Officer 1800 HUGHES LANDING BLVD, SUITE 250, THE WOODLANDS TX 77380
Julie Dill director 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Dwayne Andree Wilson director 6700 LAS COLINAS BOULEVARD, IRVING TX 75039
Roger A Cregg director 100 BLOOMFIELD HILL PARKWAY, STE 300, BLOOMFIELD HILLS MI 48304
Raymond F Messer director 1800 HUGHES LANDING BLVD., SUITE 250, THE WOODLANDS TX 77380
Dana C. O'brien director 1111 LOUISIANA STREET, HOUSTON TX 77002
Thomas M White director C/O APOLLO MANAGEMENT, 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Marian M Davenport director 1800 HUGHES LANDING BLVD., SUITE 250, THE WOODLANDS TX 77380
Milton L Scott director
Charles R. Patton director 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Richard O Schaum director 388 WARREN COURT, BIRMINGHAM MI 48009
Craig B Allen officer: SVP & CHRO/CCO 1800 HUGHES LANDING BLVD, STE 250, THE WOODLANDS TX 77380
Wadsworth Con L officer: EVP & Chief Operating Officer 1800 HUGHES LANDING BLVD, SUITE 250, THE WOODLANDS TX 77380