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Tetra Tech (FRA:TT6) Cyclically Adjusted Price-to-FCF : 34.55 (As of Jun. 01, 2025)


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What is Tetra Tech Cyclically Adjusted Price-to-FCF?

As of today (2025-06-01), Tetra Tech's current share price is €30.40. Tetra Tech's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was €0.88. Tetra Tech's Cyclically Adjusted Price-to-FCF for today is 34.55.

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

FRA:TT6' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.53   Med: 34.82   Max: 60.14
Current: 35.85

During the past years, Tetra Tech's highest Cyclically Adjusted Price-to-FCF was 60.14. The lowest was 13.53. And the median was 34.82.

FRA:TT6's Cyclically Adjusted Price-to-FCF is ranked worse than
75.91% of 606 companies
in the Construction industry
Industry Median: 17.445 vs FRA:TT6: 35.85

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.

Tetra Tech's adjusted free cash flow per share data for the three months ended in Mar. 2025 was €-0.041. 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 €0.88 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tetra Tech Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tetra Tech'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.

Tetra Tech Cyclically Adjusted Price-to-FCF Chart

Tetra Tech Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.66 47.29 34.16 35.20 48.75

Tetra Tech Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 41.17 43.92 48.75 40.97 30.01

Competitive Comparison of Tetra Tech's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Tetra Tech'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.


Tetra Tech's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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


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Tetra Tech 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=30.40/0.88
=34.55

* 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.

Tetra Tech's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Tetra Tech'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)
=-0.041/134.9266*134.9266
=-0.041

Current CPI (Mar. 2025) = 134.9266.

Tetra Tech Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.297 100.684 0.398
201509 0.073 100.392 0.098
201512 0.063 99.792 0.085
201603 0.012 100.470 0.016
201606 0.168 101.688 0.223
201609 0.154 101.861 0.204
201612 -0.198 101.863 -0.262
201703 0.344 102.862 0.451
201706 0.055 103.349 0.072
201709 0.197 104.136 0.255
201712 -0.178 104.011 -0.231
201803 0.226 105.290 0.290
201806 0.155 106.317 0.197
201809 0.323 106.507 0.409
201812 -0.060 105.998 -0.076
201903 0.352 107.251 0.443
201906 0.036 108.070 0.045
201909 0.290 108.329 0.361
201912 -0.069 108.420 -0.086
202003 0.322 108.902 0.399
202006 0.350 108.767 0.434
202009 0.202 109.815 0.248
202012 0.094 109.897 0.115
202103 0.374 111.754 0.452
202106 0.204 114.631 0.240
202109 0.235 115.734 0.274
202112 0.262 117.630 0.301
202203 0.304 121.301 0.338
202206 0.335 125.017 0.362
202209 0.218 125.227 0.235
202212 0.071 125.222 0.077
202303 0.288 127.348 0.305
202306 0.433 128.729 0.454
202309 0.394 129.860 0.409
202312 0.020 129.419 0.021
202403 0.338 131.776 0.346
202406 0.471 132.554 0.479
202409 0.328 133.029 0.333
202412 0.034 133.157 0.034
202503 -0.041 134.927 -0.041

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.


Tetra Tech  (FRA:TT6) 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.


Tetra Tech Cyclically Adjusted Price-to-FCF Related Terms

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


Tetra Tech Business Description

Industry
Traded in Other Exchanges
Address
3475 East Foothill Boulevard, Pasadena, CA, USA, 91107
Tetra Tech Inc provides consulting and engineering services for environmental, infrastructure, resource management, energy, and international development markets. It specializes in providing water-related services for public and private clients. It designs infrastructure, facilities, and other structures with complex plans and resource management. Tetra Tech has two reportable segments. Its Government Services Group (GSG) segment includes activities with U.S. government clients (federal, state and local) and activities with development agencies world-wide. Commercial/International Services Group (CIG) segment, which derives maximum revenue, includes activities with U.S. commercial clients and international clients other than development agencies.

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