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WisdomTree (FRA:1WT) Cyclically Adjusted FCF per Share : €0.49 (As of Mar. 2024)


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What is WisdomTree 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.

WisdomTree's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.009. 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 €0.49 for the trailing ten years ended in Mar. 2024.

During the past 12 months, WisdomTree's average Cyclically Adjusted FCF Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.40% 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 WisdomTree was 104.10% per year. The lowest was 9.40% per year. And the median was 14.45% per year.

As of today (2024-05-22), WisdomTree's current stock price is €8.664. WisdomTree's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.49. WisdomTree's Cyclically Adjusted Price-to-FCF of today is 17.68.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of WisdomTree was 2166.00. The lowest was 5.68. And the median was 15.13.


WisdomTree Cyclically Adjusted FCF per Share Historical Data

The historical data trend for WisdomTree'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.

WisdomTree Cyclically Adjusted FCF per Share Chart

WisdomTree 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 0.35 0.33 0.42 0.50 0.51

WisdomTree Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.48 0.50 0.52 0.51 0.49

Competitive Comparison of WisdomTree's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, WisdomTree'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.


WisdomTree's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, WisdomTree's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



WisdomTree 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, WisdomTree'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)
=-0.009/131.7762*131.7762
=-0.009

Current CPI (Mar. 2024) = 131.7762.

WisdomTree Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.122 100.560 0.160
201409 0.130 100.428 0.171
201412 0.150 99.070 0.200
201503 0.114 99.621 0.151
201506 0.312 100.684 0.408
201509 0.280 100.392 0.368
201512 0.283 99.792 0.374
201603 0.042 100.470 0.055
201606 0.145 101.688 0.188
201609 0.098 101.861 0.127
201612 0.074 101.863 0.096
201703 0.016 102.862 0.020
201706 0.097 103.349 0.124
201709 0.085 104.136 0.108
201712 0.094 104.011 0.119
201803 -0.029 105.290 -0.036
201806 0.072 106.317 0.089
201809 0.109 106.507 0.135
201812 0.038 105.998 0.047
201903 0.042 107.251 0.052
201906 0.044 108.070 0.054
201909 0.151 108.329 0.184
201912 0.085 108.420 0.103
202003 -0.016 108.902 -0.019
202006 0.128 108.767 0.155
202009 0.074 109.815 0.089
202012 0.084 109.897 0.101
202103 0.011 111.754 0.013
202106 0.101 114.631 0.116
202109 0.148 115.734 0.169
202112 0.139 117.630 0.156
202203 -0.017 121.301 -0.018
202206 0.066 125.017 0.070
202209 0.220 125.227 0.232
202212 0.071 125.222 0.075
202303 -0.032 127.348 -0.033
202306 0.137 128.729 0.140
202309 0.150 129.860 0.152
202312 0.187 129.419 0.190
202403 -0.009 131.776 -0.009

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


WisdomTree  (FRA:1WT) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.664/0.49
=17.68

* 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 WisdomTree was 2166.00. The lowest was 5.68. And the median was 15.13.


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.


WisdomTree Cyclically Adjusted FCF per Share Related Terms

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


WisdomTree (FRA:1WT) Business Description

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Traded in Other Exchanges
Address
250 West 34th Street, 3rd Floor, New York, NY, USA, 10119
WisdomTree Inc is a financial innovator, offering a well-diversified suite of exchange-traded products (ETPs), models, and solutions. It offers a broad range of ETFs and exchange-traded products (ETPs). The firm also engages in developing next-generation digital products and structures, including digital funds and tokenized assets, as well as its blockchain-native digital wallet, WisdomTree Prime.

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