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Century Communities (Century Communities) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Century Communities Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Century Communities Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Century Communities'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.

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Century Communities Cyclically Adjusted Price-to-FCF Chart

Century Communities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Century Communities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Century Communities's Cyclically Adjusted Price-to-FCF

For the Residential Construction subindustry, Century Communities'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.


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

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

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



Century Communities 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.

Century Communities's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.319/129.4194*129.4194
=-0.319

Current CPI (Mar. 2024) = 129.4194.

Century Communities Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.883 100.560 -2.423
201409 -2.721 100.428 -3.507
201412 -1.006 99.070 -1.314
201503 -1.901 99.621 -2.470
201506 -1.718 100.684 -2.208
201509 -3.728 100.392 -4.806
201512 -0.843 99.792 -1.093
201603 -1.954 100.470 -2.517
201606 0.100 101.688 0.127
201609 -1.417 101.861 -1.800
201612 0.731 101.863 0.929
201703 -0.514 102.862 -0.647
201706 -1.387 103.349 -1.737
201709 -3.463 104.136 -4.304
201712 0.084 104.011 0.105
201803 -1.573 105.290 -1.933
201806 -1.375 106.317 -1.674
201809 -4.597 106.507 -5.586
201812 0.565 105.998 0.690
201903 -2.059 107.251 -2.485
201906 -1.197 108.070 -1.433
201909 -1.984 108.329 -2.370
201912 2.285 108.420 2.728
202003 -0.450 108.902 -0.535
202006 5.497 108.767 6.541
202009 4.157 109.815 4.899
202012 0.666 109.897 0.784
202103 2.751 111.754 3.186
202106 1.349 114.631 1.523
202109 -1.828 115.734 -2.044
202112 -8.288 117.630 -9.119
202203 3.052 121.301 3.256
202206 -6.888 125.017 -7.131
202209 0.759 125.227 0.784
202212 11.355 125.222 11.736
202303 5.301 127.348 5.387
202306 -2.657 128.729 -2.671
202309 -3.902 129.860 -3.889
202312 -1.514 129.419 -1.514
202403 -0.319 129.419 -0.319

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.


Century Communities  (NYSE:CCS) 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.


Century Communities Cyclically Adjusted Price-to-FCF Related Terms

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


Century Communities (Century Communities) Business Description

Traded in Other Exchanges
Address
8390 East Crescent Parkway, Suite 650, Greenwood Village, CO, USA, 80111
Century Communities Inc is a construction company that focuses on the residential market. It has five homebuilding segments: West, Mountain, Texas, Southeast, and Century Complete. Its sixth reportable segment is financial services operations, which provides mortgage, title, and insurance services to homebuyers. It has acquired land for homebuilding operations with the primary intent to develop and construct single-family detached or attached homes for sale on the acquired land. The company sells homes through its own sales representatives and independent real estate brokers. It also advertises directly to potential homebuyers through the Internet, newspapers, and trade publications. The company generates the most revenue from the Mountain segment.
Executives
Elisa Z Ramirez director 1225 17TH STREET, SUITE 2600, DENVER CO 80202
David L Messenger officer: Chief Financial Officer
John Scott Dixon officer: Chief Accounting Officer CENTURY COMMUNITIES, INC., 8390 E. CRESCENT PARKWAY, STE. 650, GREENWOOD VILLAGE CO 80111
Dale Francescon director, 10 percent owner, officer: See Remarks 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Robert J Francescon director, 10 percent owner, officer: See Remarks 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Patricia L. Arvielo director 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Bennett Wesley Allen Arthur other: General Counsel C/O CENTURY COMMUNITIES, INC., 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Dustin L. Bogue other: Regional President - West UCP, INC., 99 ALMADEN BOULEVARD, SUITE 400, SAN JOSE CA 95113
Stewart Hugh Parker other: Regional President C/O CENTURY COMMUNITIES, INC., 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Richard A Carruthers other: Regional President C/O CENTURY COMMUNITIES, INC., 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Liesel W Cooper other: Regional President C/O CENTURY COMMUNITIES, INC., 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Keith R Guericke director C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
John P Box director 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
James A Lippman director 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Kenneth J Rabel officer: Division President-Colorado 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111