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William Lyon Homes (William Lyon Homes) Cyclically Adjusted Price-to-FCF : (As of May. 06, 2024)


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What is William Lyon Homes Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


William Lyon Homes Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for William Lyon Homes'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.

William Lyon Homes Cyclically Adjusted Price-to-FCF Chart

William Lyon Homes Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Price-to-FCF
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William Lyon Homes Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of William Lyon Homes's Cyclically Adjusted Price-to-FCF

For the Residential Construction subindustry, William Lyon Homes'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.


William Lyon Homes's Cyclically Adjusted Price-to-FCF Distribution in the Homebuilding & Construction Industry

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

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



William Lyon Homes 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.

William Lyon Homes's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, William Lyon Homes's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2019 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=-2.02/108.3294*108.3294
=-2.020

Current CPI (Sep. 2019) = 108.3294.

William Lyon Homes Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200906 3.491 91.003 4.156
200909 -17.748 91.120 -21.100
200912 -24.272 91.111 -28.859
201003 31.491 91.821 37.153
201006 -6.992 91.962 -8.236
201009 -6.772 92.162 -7.960
201012 1.125 92.474 1.318
201103 -18.196 94.283 -20.907
201106 -5.669 95.235 -6.448
201112 0.000 95.213 0.000
201206 0.000 96.819 0.000
201209 0.000 97.633 0.000
201212 0.000 96.871 0.000
201303 -0.764 98.209 -0.843
201306 -2.449 98.518 -2.693
201309 -3.137 98.790 -3.440
201312 -0.305 98.326 -0.336
201403 -5.245 99.695 -5.699
201406 -1.013 100.560 -1.091
201409 0.654 100.428 0.705
201412 0.601 99.070 0.657
201503 -1.627 99.621 -1.769
201506 -1.156 100.684 -1.244
201509 -3.024 100.392 -3.263
201512 1.102 99.792 1.196
201603 -1.568 100.470 -1.691
201606 -0.403 101.688 -0.429
201609 -0.215 101.861 -0.229
201612 2.668 101.863 2.837
201703 -1.121 102.862 -1.181
201706 -0.670 103.349 -0.702
201709 1.079 104.136 1.122
201712 4.772 104.011 4.970
201803 2.398 105.290 2.467
201806 -5.839 106.317 -5.950
201809 -1.439 106.507 -1.464
201812 5.465 105.998 5.585
201903 -0.801 107.251 -0.809
201906 -0.733 108.070 -0.735
201909 -2.020 108.329 -2.020

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.


William Lyon Homes  (NYSE:WLH) 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.


William Lyon Homes Cyclically Adjusted Price-to-FCF Related Terms

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


William Lyon Homes (William Lyon Homes) Business Description

Traded in Other Exchanges
N/A
Address
4695 MacArthur Court, 8th Floor, Newport Beach, CA, USA, 92660
William Lyon Homes is engaged in the design, construction, marketing and sale of single-family detached and attached homes. Its reporting segments are California, Arizona, Nevada, Colorado, Washington, and Oregon. The company generates a majority of its revenue from California.
Executives
Douglas K Ammerman director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
William H Lyon director, 10 percent owner, officer: Executive Chairman C/O TAYLOR MORRISON HOME CORP., 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Matthew R Zaist director, officer: President & CEO C/O WILLIAM LYON HOMES, 4695 MACARTHUR COURT, 8TH FLOOR, NEWPORT BEACH CA 92660
Gary H Hunt director C/O WILLIAM LYON HOMES, 4695 MACARTHUR COURT, 8TH FLOOR, NEWPORT BEACH CA 92660
Bay Resource Partners Lp 10 percent owner 2300 WINDY RIDGE PARKWAY, SUITE 550 SOUTH, ATLANTA GA 30339
Thomas E Claugus 10 percent owner GMT CAPITAL CORP, 2300 WINDY RIDGE PARKWAY SUITE 550 SOUTH, ATLANTA GA 30339
Gmt Capital Corp 10 percent owner GMT CAPITAL CORP, 2300 WINDY RIDGE PARKWAY SUITE 550 SOUTH, ATLANTA GA 30339
Bay Ii Resource Partners Lp 10 percent owner 2300 WINDY RIDGE PARKWAY, SUITE 550 SOUTH, ATLANTA GA 30339
Bay Resource Partners Offshore Master Fund, L.p. 10 percent owner 2300 WINDY RIDGE PARKWAY, SUITE 550 SOUTH, ATLANTA GA 30339
William Lyon director, officer: Executive Chairman C/O WILLIAM LYON HOMES INC, 4490 VON KARMAN AVE, NEWPORT BEACH CA 92660
Lcg Holdings Llc 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Group, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Wavefront, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD., PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104

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