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Lindsay (FRA:LMF) Cyclically Adjusted Price-to-FCF : 44.84 (As of May. 15, 2024)


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What is Lindsay Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Lindsay's current share price is €110.30. Lindsay's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was €2.46. Lindsay's Cyclically Adjusted Price-to-FCF for today is 44.84.

The historical rank and industry rank for Lindsay's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:LMF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.87   Med: 34.98   Max: 74.78
Current: 45.01

During the past years, Lindsay's highest Cyclically Adjusted Price-to-FCF was 74.78. The lowest was 23.87. And the median was 34.98.

FRA:LMF's Cyclically Adjusted Price-to-FCF is ranked worse than
65.66% of 99 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 27 vs FRA:LMF: 45.01

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.

Lindsay's adjusted free cash flow per share data for the three months ended in Feb. 2024 was €-1.805. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €2.46 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lindsay Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lindsay's Cyclically Adjusted Price-to-FCF 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.

Lindsay Cyclically Adjusted Price-to-FCF Chart

Lindsay Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.39 35.49 58.97 65.16 41.46

Lindsay Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted Price-to-FCF 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 65.58 45.15 41.46 38.58 44.90

Competitive Comparison of Lindsay's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Lindsay'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.


Lindsay's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Lindsay's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Lindsay Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Lindsay's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=110.30/2.46
=44.84

* 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.

Lindsay's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Lindsay's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-1.805/129.4194*129.4194
=-1.805

Current CPI (Feb. 2024) = 129.4194.

Lindsay Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 1.750 100.373 2.256
201408 0.943 100.352 1.216
201411 0.134 99.635 0.174
201502 0.511 99.032 0.668
201505 1.157 100.333 1.492
201508 0.778 100.548 1.001
201511 0.314 100.135 0.406
201602 -1.323 100.040 -1.712
201605 1.861 101.355 2.376
201608 0.954 101.617 1.215
201611 0.583 101.829 0.741
201702 -0.016 102.779 -0.020
201705 0.991 103.256 1.242
201708 0.974 103.587 1.217
201711 -0.552 104.072 -0.686
201802 -0.500 105.052 -0.616
201805 1.166 106.148 1.422
201808 1.734 106.383 2.109
201811 -1.630 106.338 -1.984
201902 -2.575 106.649 -3.125
201905 0.968 108.048 1.159
201908 1.697 108.245 2.029
201911 -0.232 108.519 -0.277
202002 -0.400 109.139 -0.474
202005 0.945 108.175 1.131
202008 1.622 109.662 1.914
202011 0.758 109.793 0.893
202102 -1.144 110.968 -1.334
202105 1.011 113.576 1.152
202108 0.718 115.421 0.805
202111 -2.164 117.269 -2.388
202202 -1.243 119.703 -1.344
202205 0.482 123.323 0.506
202208 2.195 124.958 2.273
202211 0.078 125.607 0.080
202302 -0.019 126.928 -0.019
202305 3.764 128.314 3.796
202308 4.564 129.538 4.560
202311 1.248 129.548 1.247
202402 -1.805 129.419 -1.805

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


Lindsay  (FRA:LMF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Lindsay Cyclically Adjusted Price-to-FCF Related Terms

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


Lindsay (FRA:LMF) Business Description

Traded in Other Exchanges
Address
18135 Burke Street, Suite 100, Omaha, NE, USA, 68022
Lindsay Corp provides various proprietary water management and road infrastructure products and services. It has operations categorized into two main reporting segments: Irrigation, and Infrastructure. The company generates maximum revenue from the Irrigation segment. Its Irrigation segment includes manufacturing and marketing center pivot, lateral move, and hose reel irrigation systems, as well as various technology solutions such as GPS positioning and guidance, variable rate irrigation, wireless irrigation management, M2M communication technology, and smartphone applications. Geographically, it derives a majority of its revenue from the United States.

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