GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Universal Logistics Holdings Inc (NAS:ULH) » Definitions » Cyclically Adjusted FCF per Share

Universal Logistics Holdings (Universal Logistics Holdings) Cyclically Adjusted FCF per Share : $1.10 (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Universal Logistics Holdings 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.

Universal Logistics Holdings's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.022. 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 $1.10 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Universal Logistics Holdings's average Cyclically Adjusted FCF Growth Rate was -17.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -2.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -0.70% 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 Universal Logistics Holdings was 5.30% per year. The lowest was -4.30% per year. And the median was -1.90% per year.

As of today (2024-05-01), Universal Logistics Holdings's current stock price is $44.70. Universal Logistics Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.10. Universal Logistics Holdings's Cyclically Adjusted Price-to-FCF of today is 40.64.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Universal Logistics Holdings was 41.67. The lowest was 8.07. And the median was 17.32.


Universal Logistics Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Universal Logistics Holdings'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.

Universal Logistics Holdings Cyclically Adjusted FCF per Share Chart

Universal Logistics Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 1.21 1.08 1.34 1.10

Universal Logistics Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.44 1.39 1.17 1.10 -

Competitive Comparison of Universal Logistics Holdings's Cyclically Adjusted FCF per Share

For the Trucking subindustry, Universal Logistics Holdings'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.


Universal Logistics Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Universal Logistics Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Universal Logistics Holdings's Cyclically Adjusted Price-to-FCF falls into.



Universal Logistics Holdings 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, Universal Logistics Holdings's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.022/129.4194*129.4194
=0.022

Current CPI (Dec. 2023) = 129.4194.

Universal Logistics Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.054 99.695 0.070
201406 0.004 100.560 0.005
201409 0.278 100.428 0.358
201412 0.318 99.070 0.415
201503 0.313 99.621 0.407
201506 0.347 100.684 0.446
201509 0.535 100.392 0.690
201512 0.598 99.792 0.776
201603 0.082 100.470 0.106
201606 -0.083 101.688 -0.106
201609 -0.623 101.861 -0.792
201612 -0.388 101.863 -0.493
201703 0.287 102.862 0.361
201706 0.196 103.349 0.245
201709 0.352 104.136 0.437
201712 -0.115 104.011 -0.143
201803 0.309 105.290 0.380
201806 0.105 106.317 0.128
201809 0.280 106.507 0.340
201812 0.304 105.998 0.371
201903 1.303 107.251 1.572
201906 1.047 108.070 1.254
201909 0.160 108.329 0.191
201912 -0.842 108.420 -1.005
202003 -0.280 108.902 -0.333
202006 2.736 108.767 3.255
202009 -2.271 109.815 -2.676
202012 0.138 109.897 0.163
202103 1.418 111.754 1.642
202106 -0.062 114.631 -0.070
202109 -0.334 115.734 -0.373
202112 0.629 117.630 0.692
202203 1.306 121.301 1.393
202206 -0.125 125.017 -0.129
202209 1.023 125.227 1.057
202212 1.430 125.222 1.478
202303 1.260 127.348 1.280
202306 -0.305 128.729 -0.307
202309 -2.129 129.860 -2.122
202312 0.022 129.419 0.022

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


Universal Logistics Holdings  (NAS:ULH) 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.

Universal Logistics Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=44.70/1.1
=40.64

* 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 Universal Logistics Holdings was 41.67. The lowest was 8.07. And the median was 17.32.


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.


Universal Logistics Holdings Cyclically Adjusted FCF per Share Related Terms

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


Universal Logistics Holdings (Universal Logistics Holdings) Business Description

Traded in Other Exchanges
N/A
Address
12755 East Nine Mile Road, Warren, MI, USA, 48089
Universal Logistics Holdings Inc is an asset-light provider of customized transportation and logistics solutions throughout the United States, and in Mexico, Canada and Colombia. It offers services such as truckload, brokerage, intermodal, dedicated, and value-added services. The company reports into four segments namely trucking, intermodal, company-managed brokerage, and contract logistics. The majority of the revenue is earned from the contract logistics segment.
Executives
Matthew T Moroun director, 10 percent owner 12225 STEPHENS ROAD, WARREN MI 48089
Michael A. Regan director 360 W. BUTTERFIELD ROAD, SUITE 400, ELMURST IL 60126
Frederick P Calderone director C/O CENTRAL TRANSPORT INTL, 12225 STEPHENS RD, WARREN MI 48089
Marcus D. Hudson director 12755 E. NINE MILE ROAD, WARREN MI 48089
Richard P Urban director C/O UNIVERSAL TRUCKLOAD SERVICES, INC., 11355 STEPHENS ROAD, WARREN MI 48089
Nora M. Moroun 10 percent owner 12225 STEPHENS ROAD, WARREN MI 48089
Matthew J. Moroun director 12225 STEPHENS ROAD, WARREN MI 48089
Timothy Phillips director, officer: Chief Executive Officer 12755 E. NINE MILE ROAD, WARREN MI 48089
Jeff Rogers director, officer: Chief Executive Officer 720 SPYGLASS HILL, HOLLAND MI 49424
H.e. Wolfe director 11355 STEPHENS ROAD, WARREN MI 48089
Clarence W Gooden director
Grant Edward Belanger director 12755 EAST NINE MILE ROAD, WARREN MI 48089
Jude Marcus Beres officer: Chief Financial Officer 12755 E. NINE MILE ROAD, WARREN MI 48089
David A. Crittenden officer: Chief Financial Officer 11355 STEPHENS ROAD, WARREN MI 48089
Manuel J Moroun director, 10 percent owner CENTRAL TRANSPORT INTL, 12225 STEPHENS RD, WARREN MI 48089