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Quanta Services (FRA:QAA) Cyclically Adjusted FCF per Share : €3.65 (As of Mar. 2025)


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What is Quanta 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.

Quanta Services's adjusted free cash flow per share for the three months ended in Mar. 2025 was €0.677. 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 €3.65 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Quanta Services's average Cyclically Adjusted FCF Growth Rate was 26.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 35.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 34.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 22.70% 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 Quanta Services was 39.00% per year. The lowest was -13.00% per year. And the median was 9.60% per year.

As of today (2025-05-24), Quanta Services's current stock price is €287.90. Quanta Services's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €3.65. Quanta Services's Cyclically Adjusted Price-to-FCF of today is 78.88.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Quanta Services was 93.14. The lowest was 27.17. And the median was 57.18.


Quanta Services Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Quanta 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.

Quanta Services Cyclically Adjusted FCF per Share Chart

Quanta 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 1.11 1.39 2.07 2.63 3.87

Quanta 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 2.93 3.28 3.31 3.87 3.65

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

For the Engineering & Construction subindustry, Quanta 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.


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

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

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


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Quanta 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, Quanta 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)
=0.677/134.9266*134.9266
=0.677

Current CPI (Mar. 2025) = 134.9266.

Quanta Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.229 100.684 0.307
201509 0.293 100.392 0.394
201512 1.094 99.792 1.479
201603 0.872 100.470 1.171
201606 0.040 101.688 0.053
201609 -0.600 101.861 -0.795
201612 0.713 101.863 0.944
201703 -0.306 102.862 -0.401
201706 -0.304 103.349 -0.397
201709 0.585 104.136 0.758
201712 0.645 104.011 0.837
201803 -0.210 105.290 -0.269
201806 0.397 106.317 0.504
201809 -0.195 106.507 -0.247
201812 0.319 105.998 0.406
201903 -0.915 107.251 -1.151
201906 -1.091 108.070 -1.362
201909 0.153 108.329 0.191
201912 3.458 108.420 4.303
202003 0.983 108.902 1.218
202006 2.780 108.767 3.449
202009 0.377 109.815 0.463
202012 1.028 109.897 1.262
202103 0.245 111.754 0.296
202106 0.653 114.631 0.769
202109 -0.335 115.734 -0.391
202112 0.583 117.630 0.669
202203 -0.154 121.301 -0.171
202206 -0.019 125.017 -0.021
202209 1.623 125.227 1.749
202212 3.154 125.222 3.398
202303 -0.263 127.348 -0.279
202306 0.137 128.729 0.144
202309 1.680 129.860 1.746
202312 5.501 129.419 5.735
202403 0.954 131.776 0.977
202406 1.426 132.554 1.452
202409 3.156 133.029 3.201
202412 3.586 133.157 3.634
202503 0.677 134.927 0.677

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


Quanta Services  (FRA:QAA) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=287.90/3.65
=78.88

* 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 Quanta Services was 93.14. The lowest was 27.17. And the median was 57.18.


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.


Quanta Services Cyclically Adjusted FCF per Share Related Terms

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


Quanta Services Business Description

Industry
Traded in Other Exchanges
Address
2727 North Loop West, Houston, TX, USA, 77008
Quanta Services is a leading provider of specialty contracting services, delivering comprehensive infrastructure solutions for the electric and gas utility, communications, pipeline, and energy industries in the United States, Canada, and Australia. Quanta reports its results under two reportable segments: electric infrastructure and underground utility and infrastructure.

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