GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Primoris Services Corp (FRA:1PM) » Definitions » Cyclically Adjusted FCF per Share

Primoris Services (FRA:1PM) Cyclically Adjusted FCF per Share : €1.62 (As of Mar. 2025)


View and export this data going back to 2013. Start your Free Trial

What is Primoris Services Cyclically Adjusted FCF per Share?

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.

Primoris Services's adjusted free cash flow per share for the three months ended in Mar. 2025 was €0.433. 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 €1.62 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Primoris Services's average Cyclically Adjusted FCF Growth Rate was 105.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 31.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 21.10% 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 Primoris Services was 31.10% per year. The lowest was 0.40% per year. And the median was 16.70% per year.

As of today (2025-05-21), Primoris Services's current stock price is €66.00. Primoris Services's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €1.62. Primoris Services's Cyclically Adjusted Price-to-FCF of today is 40.74.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Primoris Services was 141.53. The lowest was 24.45. And the median was 48.12.


Primoris Services Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Primoris Services'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.

* Premium members only.

Primoris Services Cyclically Adjusted FCF per Share Chart

Primoris Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.67 0.58 0.75 1.64

Primoris Services Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.79 0.82 1.09 1.64 1.62

Competitive Comparison of Primoris Services's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, Primoris Services'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.


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

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

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


;
;

Primoris Services 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, Primoris Services's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.433/134.9266*134.9266
=0.433

Current CPI (Mar. 2025) = 134.9266.

Primoris Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.660 100.684 -0.884
201509 -0.279 100.392 -0.375
201512 0.893 99.792 1.207
201603 -0.828 100.470 -1.112
201606 0.192 101.688 0.255
201609 0.601 101.861 0.796
201612 0.111 101.863 0.147
201703 0.539 102.862 0.707
201706 0.718 103.349 0.937
201709 0.527 104.136 0.683
201712 0.083 104.011 0.108
201803 -0.242 105.290 -0.310
201806 -0.518 106.317 -0.657
201809 -0.776 106.507 -0.983
201812 1.886 105.998 2.401
201903 -1.495 107.251 -1.881
201906 -1.157 108.070 -1.445
201909 0.622 108.329 0.775
201912 2.535 108.420 3.155
202003 -0.275 108.902 -0.341
202006 0.980 108.767 1.216
202009 1.715 109.815 2.107
202012 1.895 109.897 2.327
202103 -0.186 111.754 -0.225
202106 -0.695 114.631 -0.818
202109 -0.468 115.734 -0.546
202112 0.531 117.630 0.609
202203 -0.453 121.301 -0.504
202206 -2.290 125.017 -2.472
202209 -0.391 125.227 -0.421
202212 2.925 125.222 3.152
202303 -2.237 127.348 -2.370
202306 0.101 128.729 0.106
202309 0.579 129.860 0.602
202312 3.123 129.419 3.256
202403 -0.658 131.776 -0.674
202406 -0.138 132.554 -0.140
202409 2.616 133.029 2.653
202412 4.722 133.157 4.785
202503 0.433 134.927 0.433

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


Primoris Services  (FRA:1PM) 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.

Primoris Services's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=66.00/1.62
=40.74

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Primoris Services was 141.53. The lowest was 24.45. And the median was 48.12.


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.


Primoris Services Cyclically Adjusted FCF per Share Related Terms

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


Primoris Services Business Description

Industry
Traded in Other Exchanges
Address
2300 N. Field Street, Suite 1900, Dallas, TX, USA, 75201
Primoris Services Corp is a provider of infrastructure services operating mainly in the United States and Canada. It provides a wide range of construction services, maintenance, replacement, fabrication and engineering services to a diversified base of customers. The reportable segments are the Utilities segment and the Energy segment. The Utilities segment operates in a range of services, including the installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communication systems. The Energy segment operates in a range of services that include engineering, procurement, and construction, retrofits, highway and bridge construction, demolition, site work, outages, pipeline construction and maintenance, and others.

Primoris Services Headlines

No Headlines