Lamar Advertising Co (BSP:L1AM34) Cyclically Adjusted FCF per Share: R$0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:L1AM34 Lamar Advertising Co BSP:L1AM34
85 GF Score
Price R$45.15
GF Value R$35.30
! 9 Warning Signs
View Full Analysis

What is Lamar Advertising Co Cyclically Adjusted FCF per Share?

Lamar Advertising Co BSP:L1AM34 85 Cyclically Adjusted FCF per Share is R$0.00 as of Mar. 2026. GuruFocus rates BSP:L1AM34 with a GF Score™ of 85/100 and a GF Value™ of R$35.30. The stock has 9 warning signs investors should review.

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Lamar Advertising Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was R$5.889. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is R$0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Lamar Advertising Co's average Cyclically Adjusted FCF Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Lamar Advertising Co was 26.80% per year. The lowest was 4.70% per year. And the median was 8.80% per year.

As of today (2026-07-28), Lamar Advertising Co's current stock price is R$45.15. Lamar Advertising Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was R$0.00. Lamar Advertising Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lamar Advertising Co was 26.70. The lowest was 9.64. And the median was 20.68.


Lamar Advertising Co  (BSP:L1AM34) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lamar Advertising Co was 26.70. The lowest was 9.64. And the median was 20.68.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Lamar Advertising Co Cyclically Adjusted FCF per Share Related Terms


Lamar Advertising Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Lamar Advertising Co's Cyclically Adjusted FCF per Share 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.

Lamar Advertising Co Cyclically Adjusted FCF per Share Chart

Lamar Advertising Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Lamar Advertising Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share 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 0.00 0.00 0.00 0.00 0.00

BSP:L1AM34 vs WY, SBAC, GLPI: Cyclically Adjusted FCF per Share Comparison

For the REIT - Specialty subindustry, Lamar Advertising Co'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.


Lamar Advertising Co Cyclically Adjusted Price-to-FCF vs REITs Industry

For the REITs industry and Real Estate sector, Lamar Advertising Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


BSP:L1AM34
85GF Score
Lamar Advertising Co BSP:L1AM34
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lamar Advertising Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Lamar Advertising Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=5.889/330.2130*330.2130
=5.889

Current CPI (Mar. 2026) = 330.2130.

Lamar Advertising Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 4.504 241.018 6.171
201609 3.307 241.428 4.523
201612 5.319 241.432 7.275
201703 0.486 243.801 0.658
201706 4.407 244.955 5.941
201709 3.157 246.819 4.224
201712 5.070 246.524 6.791
201803 0.582 249.554 0.770
201806 5.563 251.989 7.290
201809 5.158 252.439 6.747
201812 6.202 251.233 8.152
201903 1.337 254.202 1.737
201906 5.452 256.143 7.029
201909 5.483 256.759 7.052
201912 7.325 256.974 9.413
202003 1.803 258.115 2.307
202006 7.057 257.797 9.039
202009 7.620 260.280 9.667
202012 9.715 260.474 12.316
202103 3.732 264.877 4.653
202106 8.777 271.696 10.667
202109 9.000 274.310 10.834
202112 10.675 278.802 12.643
202203 3.591 287.504 4.124
202206 8.121 296.311 9.050
202209 9.461 296.808 10.526
202212 10.014 296.797 11.141
202303 3.393 301.836 3.712
202306 7.009 305.109 7.586
202309 8.869 307.789 9.515
202312 9.978 306.746 10.741
202403 3.941 312.332 4.167
202406 12.269 314.175 12.895
202409 10.645 315.301 11.148
202412 14.051 315.605 14.701
202503 5.481 319.799 5.659
202506 10.436 322.561 10.684
202509 9.836 324.800 10.000
202512 11.210 324.054 11.423
202603 5.889 330.213 5.889

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of R$0.00 mean?
Lamar Advertising Co (BSP:L1AM34) has a Cyclically Adjusted FCF per Share of R$0.00 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Lamar Advertising Co and its competitors.
Is Lamar Advertising Co's Cyclically Adjusted FCF per Share too high?
Lamar Advertising Co's current Cyclically Adjusted FCF per Share is R$0.00. Overall, Lamar Advertising Co has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Lamar Advertising Co's Cyclically Adjusted FCF per Share compare to WY and SBAC?
Lamar Advertising Co's Cyclically Adjusted FCF per Share of R$0.00 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a REITs company?
A good Cyclically Adjusted FCF per Share depends on the REITs industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Lamar Advertising Co and its competitors. Lamar Advertising Co's current Cyclically Adjusted FCF per Share is R$0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lamar Advertising Co stock overvalued right now?
Lamar Advertising Co (BSP:L1AM34) has a current Cyclically Adjusted FCF per Share of R$0.00. The stock's GF Value™ is R$35.30, compared to a current price of R$45.15 — trading 27.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is R$0.00. Lamar Advertising Co's overall GF Score™ is 85/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Lamar Advertising Co (BSP:L1AM34), the current Cyclically Adjusted FCF per Share is R$0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lamar Advertising Co (BSP:L1AM34) Overvalued in 2026?

Based on GuruFocus' analysis, Lamar Advertising Co stock appears to be overvalued. The current stock price of R$45.15 is trading 27.9% above its estimated GF Value™ of R$35.30.

Key valuation signals for BSP:L1AM34:

  • Cyclically Adjusted FCF per Share: R$0.00
  • GF Value™: R$35.30 vs. price of R$45.15 (27.9% above fair value)
  • GF Score™: 85/100 with 9 warning signs

No single metric tells the full story. See the BSP:L1AM34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lamar Advertising Co Business Description

Industry Real EstateREITs
Other Exchanges LAMR:USA6LA:Germany
Address 5321 Corporate Boulevard, Baton Rouge, LA, USA, 70808
Lamar Advertising Co is an outdoor advertising company that operates as a real estate investment trust. It is engaged in the outdoor advertising business, operating outdoor advertising displays and logo signs mainly near highway exits, delivering brand-name information on available gas, food, lodging, and camping services. Included in the company's logo sign business are tourism signing contracts. It also provides transit advertising services in airport terminals, on bus shelters, benches, and buses. The company manages its operations through three operating segments: Billboard, which generates maximum revenue, Logo, and Transit Advertising. Geographically, it operates in the United States and Canada.
85GF Score

Get the complete analysis for BSP:L1AM34

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$45.15
Price
R$35.30
GF Value