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North American Construction Group (North American Construction Group) Cyclically Adjusted FCF per Share : $0.72 (As of Dec. 2023)


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What is North American Construction Group 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.

North American Construction Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was $1.616. 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 $0.72 for the trailing ten years ended in Dec. 2023.

During the past 12 months, North American Construction Group's average Cyclically Adjusted FCF Growth Rate was 4.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 20.30% 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 North American Construction Group was 263.40% per year. The lowest was -9.50% per year. And the median was 18.85% per year.

As of today (2024-04-28), North American Construction Group's current stock price is $22.07. North American Construction Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.72. North American Construction Group's Cyclically Adjusted Price-to-FCF of today is 30.65.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of North American Construction Group was 317.00. The lowest was 7.82. And the median was 26.68.


North American Construction Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for North American Construction Group'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.

North American Construction Group Cyclically Adjusted FCF per Share Chart

North American Construction Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.45 0.64 0.67 0.72

North American Construction Group 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 0.67 0.53 0.54 0.55 0.72

Competitive Comparison of North American Construction Group's Cyclically Adjusted FCF per Share

For the Oil & Gas Equipment & Services subindustry, North American Construction Group'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.


North American Construction Group's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, North American Construction Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where North American Construction Group's Cyclically Adjusted Price-to-FCF falls into.



North American Construction Group 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, North American Construction Group'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)
=1.616/125.4675*125.4675
=1.616

Current CPI (Dec. 2023) = 125.4675.

North American Construction Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.367 98.604 0.467
201406 -0.033 99.473 -0.042
201409 -0.326 99.394 -0.412
201412 0.125 98.367 0.159
201503 0.234 99.789 0.294
201506 0.624 100.500 0.779
201509 0.193 100.421 0.241
201512 -0.001 99.947 -0.001
201603 0.364 101.054 0.452
201606 0.168 102.002 0.207
201609 -0.032 101.765 -0.039
201612 -0.232 101.449 -0.287
201703 0.133 102.634 0.163
201706 0.350 103.029 0.426
201709 -0.205 103.345 -0.249
201712 -0.438 103.345 -0.532
201803 0.489 105.004 0.584
201806 0.092 105.557 0.109
201809 -0.335 105.636 -0.398
201812 0.389 105.399 0.463
201903 0.152 106.979 0.178
201906 -0.216 107.690 -0.252
201909 -0.911 107.611 -1.062
201912 0.998 107.769 1.162
202003 0.163 107.927 0.189
202006 0.186 108.401 0.215
202009 -0.529 108.164 -0.614
202012 0.828 108.559 0.957
202103 0.308 110.298 0.350
202106 -0.106 111.720 -0.119
202109 0.077 112.905 0.086
202112 0.877 113.774 0.967
202203 -0.060 117.646 -0.064
202206 0.194 120.806 0.201
202209 -0.009 120.648 -0.009
202212 1.111 120.964 1.152
202303 -0.104 122.702 -0.106
202306 0.040 124.203 0.040
202309 -0.043 125.230 -0.043
202312 1.616 125.468 1.616

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


North American Construction Group  (NYSE:NOA) 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.

North American Construction Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=22.07/0.72
=30.65

* 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 North American Construction Group was 317.00. The lowest was 7.82. And the median was 26.68.


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.


North American Construction Group Cyclically Adjusted FCF per Share Related Terms

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


North American Construction Group (North American Construction Group) Business Description

Traded in Other Exchanges
Address
27287 - 100 Avenue Acheson, Acheson, AB, CAN, T7X 6H8
North American Construction Group Ltd is Canada's heavy civil construction and mining contractor provider. The company has provided services to oil, natural gas, and resource companies.
Executives
Cannell Capital Llc 10 percent owner 245 MERIWETHER CIRCLE, ALTA WY 83414
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6

North American Construction Group (North American Construction Group) Headlines

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