LSI Industries (STU:LS2) Cyclically Adjusted FCF per Share: €0.77 (As of Mar. 2026)


STU:LS2 LSI Industries Inc STU:LS2
86 GF Score
Price €21.60
GF Value €16.99
Valuation Modestly Overvalued
! 8 Warning Signs
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What is LSI Industries Cyclically Adjusted FCF per Share?

LSI Industries STU:LS2 -4.42% 86 Cyclically Adjusted FCF per Share is €0.77 as of Mar. 2026. GuruFocus rates STU:LS2 with a GF Score™ of 86/100 and a GF Value™ of €16.99 (Modestly Overvalued). The stock has 8 warning signs investors should review.

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.

LSI Industries's adjusted free cash flow per share for the three months ended in Mar. 2026 was €0.159. 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 €0.77 for the trailing ten years ended in Mar. 2026.

During the past 12 months, LSI Industries's average Cyclically Adjusted FCF Growth Rate was 15.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 5.40% 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 LSI Industries was 50.80% per year. The lowest was -14.70% per year. And the median was 7.70% per year.

As of today (2026-07-03), LSI Industries's current stock price is €21.60. LSI Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €0.77. LSI Industries's Cyclically Adjusted Price-to-FCF of today is 28.05.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of LSI Industries was 29.56. The lowest was 6.58. And the median was 17.72.


LSI Industries  (STU:LS2) 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.

LSI Industries's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=21.60/0.77
=28.05

* 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 LSI Industries was 29.56. The lowest was 6.58. And the median was 17.72.


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.


LSI Industries Cyclically Adjusted FCF per Share Related Terms


LSI Industries Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for LSI Industries'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.

LSI Industries Cyclically Adjusted FCF per Share Chart

LSI Industries Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.46 0.59 0.70 0.69

LSI Industries 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 0.71 0.69 0.67 0.74 0.77

STU:LS2 vs DAKT, LPTH, KOPN: Cyclically Adjusted FCF per Share Comparison

For the Electronic Components subindustry, LSI Industries'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.


LSI Industries Cyclically Adjusted Price-to-FCF vs Hardware Industry

For the Hardware industry and Technology sector, LSI Industries's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


STU:LS2
86GF Score
LSI Industries Inc STU:LS2
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LSI Industries 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, LSI Industries'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)
=0.159/330.2130*330.2130
=0.159

Current CPI (Mar. 2026) = 330.2130.

LSI Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.037 241.018 0.051
201609 -0.056 241.428 -0.077
201612 0.128 241.432 0.175
201703 0.277 243.801 0.375
201706 0.177 244.955 0.239
201709 -0.105 246.819 -0.140
201712 0.065 246.524 0.087
201803 0.213 249.554 0.282
201806 0.079 251.989 0.104
201809 0.050 252.439 0.065
201812 0.152 251.233 0.200
201903 -0.068 254.202 -0.088
201906 0.163 256.143 0.210
201909 0.207 256.759 0.266
201912 0.467 256.974 0.600
202003 -0.144 258.115 -0.184
202006 0.381 257.797 0.488
202009 0.228 260.280 0.289
202012 0.159 260.474 0.202
202103 0.321 264.877 0.400
202106 0.080 271.696 0.097
202109 -0.251 274.310 -0.302
202112 -0.287 278.802 -0.340
202203 0.108 287.504 0.124
202206 0.268 296.311 0.299
202209 0.358 296.808 0.398
202212 0.288 296.797 0.320
202303 0.370 301.836 0.405
202306 0.478 305.109 0.517
202309 0.288 307.789 0.309
202312 0.223 306.746 0.240
202403 0.341 312.332 0.361
202406 0.317 314.175 0.333
202409 0.327 315.301 0.342
202412 0.273 315.605 0.286
202503 0.185 319.799 0.191
202506 0.239 322.561 0.245
202509 -0.008 324.800 -0.008
202512 0.622 324.054 0.634
202603 0.159 330.213 0.159

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 €0.77 mean?
LSI Industries (STU:LS2) has a Cyclically Adjusted FCF per Share of €0.77 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 LSI Industries and its competitors.
Is LSI Industries' Cyclically Adjusted FCF per Share too high?
LSI Industries' current Cyclically Adjusted FCF per Share is €0.77. Overall, LSI Industries has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LSI Industries' Cyclically Adjusted FCF per Share compare to DAKT and LPTH?
LSI Industries' Cyclically Adjusted FCF per Share of €0.77 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted FCF per Share depends on the Hardware 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 LSI Industries and its competitors. LSI Industries's current Cyclically Adjusted FCF per Share is €0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LSI Industries stock overvalued right now?
Based on GuruFocus' analysis, LSI Industries (STU:LS2) is currently considered Modestly Overvalued. The stock's GF Value™ is €16.99, compared to a current price of €21.60 — trading 27.1% above its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.77. LSI Industries' overall GF Score™ is 86/100 with 8 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 LSI Industries (STU:LS2), the current Cyclically Adjusted FCF per Share is €0.77 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 LSI Industries (STU:LS2) Overvalued in 2026?

Based on GuruFocus' analysis, LSI Industries stock appears to be overvalued. The current stock price of €21.60 is trading 27.1% above its estimated GF Value™ of €16.99. GuruFocus considers LSI Industries to be Modestly Overvalued.

Key valuation signals for STU:LS2:

  • Cyclically Adjusted FCF per Share: €0.77
  • GF Value™: €16.99 vs. price of €21.60 (27.1% above fair value)
  • GF Score™: 86/100 with 8 warning signs

No single metric tells the full story. See the STU:LS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LSI Industries Business Description

Other Exchanges LYTS:USA
Address 10000 Alliance Road, Cincinnati, OH, USA, 45242
LSI Industries Inc provides corporate visual image solutions to the petroleum and convenience store industry. The company's operating segments include Lighting and Display Solutions. It generates maximum revenue from the Display solutions segment. Lighting Segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets, including the petroleum/convenience store, quick-service, and automotive markets. The Display Solutions Segment manufactures, sells, and installs exterior and interior visual image and display elements, including printed graphics, structural graphics, digital signage, menu board systems, display fixtures, refrigerated displays, and custom display elements.
86GF Score

Get the complete analysis for STU:LS2

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

€21.60
Price
€16.99
GF Value