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Lamar Advertising Co (FRA:6LA) Cyclically Adjusted FCF per Share : €5.64 (As of Mar. 2025)


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What is Lamar Advertising Co 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.

Lamar Advertising Co's adjusted free cash flow per share for the three months ended in Mar. 2025 was €0.881. 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 €5.64 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Lamar Advertising Co's average Cyclically Adjusted FCF Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.20% 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 8.90% per year.

As of today (2025-05-23), Lamar Advertising Co's current stock price is €101.00. Lamar Advertising Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €5.64. Lamar Advertising Co's Cyclically Adjusted Price-to-FCF of today is 17.91.

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 20.96.


Lamar Advertising Co Cyclically Adjusted FCF per Share Historical Data

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.

* Premium members only.

Lamar Advertising Co Cyclically Adjusted FCF per Share Chart

Lamar Advertising Co 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 3.24 4.08 4.89 5.16 5.75

Lamar Advertising Co 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 5.30 5.43 5.33 5.75 5.64

Competitive Comparison of Lamar Advertising Co's Cyclically Adjusted FCF per Share

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's Cyclically Adjusted Price-to-FCF Distribution in the 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.


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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. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.881/134.9266*134.9266
=0.881

Current CPI (Mar. 2025) = 134.9266.

Lamar Advertising Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.980 100.684 1.313
201509 0.930 100.392 1.250
201512 1.278 99.792 1.728
201603 0.285 100.470 0.383
201606 1.171 101.688 1.554
201609 0.906 101.861 1.200
201612 1.503 101.863 1.991
201703 0.145 102.862 0.190
201706 1.190 103.349 1.554
201709 0.846 104.136 1.096
201712 1.300 104.011 1.686
201803 0.144 105.290 0.185
201806 1.263 106.317 1.603
201809 1.076 106.507 1.363
201812 1.404 105.998 1.787
201903 0.308 107.251 0.387
201906 1.251 108.070 1.562
201909 1.209 108.329 1.506
201912 1.606 108.420 1.999
202003 0.334 108.902 0.414
202006 1.208 108.767 1.499
202009 1.198 109.815 1.472
202012 1.552 109.897 1.905
202103 0.556 111.754 0.671
202106 1.449 114.631 1.706
202109 1.449 115.734 1.689
202112 1.671 117.630 1.917
202203 0.655 121.301 0.729
202206 1.522 125.017 1.643
202209 1.822 125.227 1.963
202212 1.802 125.222 1.942
202303 0.608 127.348 0.644
202306 1.333 128.729 1.397
202309 1.683 129.860 1.749
202312 1.867 129.419 1.946
202403 0.728 131.776 0.745
202406 2.116 132.554 2.154
202409 1.732 133.029 1.757
202412 2.199 133.157 2.228
202503 0.881 134.927 0.881

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


Lamar Advertising Co  (FRA:6LA) 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.

Lamar Advertising Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=101.00/5.64
=17.91

* 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 Lamar Advertising Co was 26.70. The lowest was 9.64. And the median was 20.96.


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

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


Lamar Advertising Co Business Description

Industry
Traded in Other Exchanges
Address
5321 Corporate Boulevard, Baton Rouge, LA, USA, 70808
Lamar Advertising Co is an outdoor advertising companies in the United States and operates as a Real Estate Investment Trust. It rent space for advertising on billboards, buses, shelters, benches, logo plates and in airport terminals and also offer customers a fully integrated service with all aspects of their display requirements from ad copy production to placement and maintenance. It has two operating segments: billboard and Others. Key revenue is generated from Billboard segment.

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