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Lennar (MEX:LENB) Cyclically Adjusted Price-to-FCF : 22.18 (As of Sep. 26, 2024)


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What is Lennar Cyclically Adjusted Price-to-FCF?

As of today (2024-09-26), Lennar's current share price is MXN1577.92. Lennar's Cyclically Adjusted FCF per Share for the quarter that ended in May. 2024 was MXN71.15. Lennar's Cyclically Adjusted Price-to-FCF for today is 22.18.

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

MEX:LENB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.24   Med: 52.02   Max: 1751
Current: 25.15

During the past years, Lennar's highest Cyclically Adjusted Price-to-FCF was 1751.00. The lowest was 18.24. And the median was 52.02.

MEX:LENB's Cyclically Adjusted Price-to-FCF is ranked worse than
74% of 50 companies
in the Homebuilding & Construction industry
Industry Median: 15.545 vs MEX:LENB: 25.15

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.

Lennar's adjusted free cash flow per share data for the three months ended in May. 2024 was MXN12.601. 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 MXN71.15 for the trailing ten years ended in May. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lennar Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lennar'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.

Lennar Cyclically Adjusted Price-to-FCF Chart

Lennar Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 212.47 52.25 41.47 21.53 19.73

Lennar Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 20.92 19.73 23.02 22.17 -

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

For the Residential Construction subindustry, Lennar'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.


Lennar's Cyclically Adjusted Price-to-FCF Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Lennar's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Lennar 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1577.92/71.15
=22.18

* 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.

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

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of May. 2024 (Change)*Current CPI (May. 2024)
=12.601/132.5091*132.5091
=12.601

Current CPI (May. 2024) = 132.5091.

Lennar Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201408 -10.162 100.352 -13.418
201411 5.947 99.635 7.909
201502 -48.279 99.032 -64.600
201505 -18.655 100.333 -24.638
201508 -7.402 100.548 -9.755
201511 44.825 100.135 59.317
201602 -18.133 100.040 -24.018
201605 1.553 101.355 2.030
201608 12.489 101.617 16.286
201611 42.230 101.829 54.953
201702 4.520 102.779 5.827
201705 -20.503 103.256 -26.312
201708 35.031 103.587 44.812
201711 47.845 104.072 60.918
201802 -14.538 105.052 -18.338
201805 9.603 106.148 11.988
201808 40.181 106.383 50.049
201811 57.099 106.338 71.152
201902 -33.082 106.649 -41.104
201905 4.550 108.048 5.580
201908 44.562 108.245 54.551
201911 72.661 108.519 88.724
202002 23.144 109.139 28.100
202005 66.142 108.175 81.020
202008 111.133 109.662 134.286
202011 82.391 109.793 99.437
202102 25.537 110.968 30.494
202105 20.441 113.576 23.848
202108 37.799 115.421 43.395
202111 85.117 117.269 96.179
202202 -5.415 119.703 -5.994
202205 8.130 123.323 8.736
202208 33.616 124.958 35.647
202211 180.918 125.607 190.859
202302 62.381 126.928 65.124
202305 39.535 128.314 40.827
202308 55.475 129.538 56.748
202311 158.126 129.548 161.740
202402 18.166 130.930 18.385
202405 12.601 132.509 12.601

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.


Lennar  (MEX:LENB) 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.


Lennar Cyclically Adjusted Price-to-FCF Related Terms

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


Lennar Business Description

Address
5505 Waterford District Drive, Miami, FL, USA, 33126
Lennar is one of the largest public homebuilders in the United States. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily and single-family for rent construction and has invested in numerous housing-related technology startups.

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