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Jacobs Solutions (BSP:J1EG34) Cyclically Adjusted FCF per Share : R$10.04 (As of Dec. 2023)


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What is Jacobs Solutions 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.

Jacobs Solutions's adjusted free cash flow per share for the three months ended in Dec. 2023 was R$7.748. 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 R$10.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Jacobs Solutions's average Cyclically Adjusted FCF Growth Rate was 13.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.10% 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 Jacobs Solutions was 40.90% per year. The lowest was -5.50% per year. And the median was 15.50% per year.

As of today (2024-04-27), Jacobs Solutions's current stock price is R$366.30. Jacobs Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$10.04. Jacobs Solutions's Cyclically Adjusted Price-to-FCF of today is 36.48.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Jacobs Solutions was 50.17. The lowest was 14.61. And the median was 30.04.


Jacobs Solutions Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Jacobs Solutions'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.

Jacobs Solutions Cyclically Adjusted FCF per Share Chart

Jacobs Solutions Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 8.33 11.55 9.53

Jacobs Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.41 11.13 11.31 9.53 10.04

Competitive Comparison of Jacobs Solutions's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, Jacobs Solutions'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.


Jacobs Solutions's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



Jacobs Solutions 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, Jacobs Solutions'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)
=7.748/129.4194*129.4194
=7.748

Current CPI (Dec. 2023) = 129.4194.

Jacobs Solutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.401 99.695 -1.819
201406 2.229 100.560 2.869
201409 1.738 100.428 2.240
201412 1.069 99.070 1.396
201503 -0.743 99.621 -0.965
201506 3.402 100.684 4.373
201509 1.252 100.392 1.614
201512 0.171 99.792 0.222
201603 3.423 100.470 4.409
201606 2.316 101.688 2.948
201609 2.723 101.861 3.460
201612 1.230 101.863 1.563
201703 0.857 102.862 1.078
201706 2.086 103.349 2.612
201709 1.953 104.136 2.427
201712 0.322 104.011 0.401
201803 -0.174 105.290 -0.214
201806 2.584 106.317 3.146
201809 2.618 106.507 3.181
201812 -3.352 105.998 -4.093
201903 1.774 107.251 2.141
201906 -2.941 108.070 -3.522
201909 -2.655 108.329 -3.172
201912 -2.431 108.420 -2.902
202003 2.084 108.902 2.477
202006 6.562 108.767 7.808
202009 8.277 109.815 9.755
202012 1.880 109.897 2.214
202103 4.528 111.754 5.244
202106 2.922 114.631 3.299
202109 3.528 115.734 3.945
202112 6.561 117.630 7.219
202203 1.832 121.301 1.955
202206 -5.499 125.017 -5.693
202209 4.689 125.227 4.846
202212 5.556 125.222 5.742
202303 1.980 127.348 2.012
202306 5.540 128.729 5.570
202309 3.506 129.860 3.494
202312 7.748 129.419 7.748

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


Jacobs Solutions  (BSP:J1EG34) 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.

Jacobs Solutions's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=366.30/10.04
=36.48

* 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 Jacobs Solutions was 50.17. The lowest was 14.61. And the median was 30.04.


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.


Jacobs Solutions Cyclically Adjusted FCF per Share Related Terms

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


Jacobs Solutions (BSP:J1EG34) Business Description

Industry
Traded in Other Exchanges
Address
1999 Bryan Street, Suite 1200, Dallas, TX, USA, 75201
Jacobs Solutions is a global provider of engineering, design, procurement, construction, and maintenance services as well as cyber engineering and security solutions. The firm serves industrial, commercial, and government clients in a wide variety of sectors, including water, transportation, healthcare, technology, and chemicals. Jacobs Solutions employs approximately 60,000 workers. The company generated $16.4 billion in revenue and $1.3 billion in adjusted operating income in fiscal 2023.

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