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WashTec AG (LTS:0GJK) Cyclically Adjusted FCF per Share : €2.55 (As of Mar. 2024)


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What is WashTec AG 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.

WashTec AG's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.731. 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 €2.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, WashTec AG's average Cyclically Adjusted FCF Growth Rate was 14.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.20% 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 WashTec AG was 11.50% per year. The lowest was 4.60% per year. And the median was 9.30% per year.

As of today (2024-06-06), WashTec AG's current stock price is €40.90. WashTec AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.55. WashTec AG's Cyclically Adjusted Price-to-FCF of today is 16.04.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of WashTec AG was 55.07. The lowest was 12.35. And the median was 25.42.


WashTec AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for WashTec AG'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.

WashTec AG Cyclically Adjusted FCF per Share Chart

WashTec AG 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 1.69 1.82 2.15 2.24 2.51

WashTec AG 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 2.22 2.27 2.43 2.51 2.55

Competitive Comparison of WashTec AG's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, WashTec AG'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.


WashTec AG's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, WashTec AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



WashTec AG 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, WashTec AG'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)
=0.731/125.0381*125.0381
=0.731

Current CPI (Mar. 2024) = 125.0381.

WashTec AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.057 99.543 0.072
201409 0.616 99.823 0.772
201412 0.796 99.543 1.000
201503 0.000 99.717 0.000
201506 0.733 100.417 0.913
201509 0.247 100.417 0.308
201512 0.902 99.717 1.131
201603 0.567 100.017 0.709
201606 0.039 100.717 0.048
201609 0.459 101.017 0.568
201612 0.439 101.217 0.542
201703 0.801 101.417 0.988
201706 -0.645 102.117 -0.790
201709 0.624 102.717 0.760
201712 1.256 102.617 1.530
201803 -0.225 102.917 -0.273
201806 -0.115 104.017 -0.138
201809 0.307 104.718 0.367
201812 2.184 104.217 2.620
201903 -0.738 104.217 -0.885
201906 -0.467 105.718 -0.552
201909 1.108 106.018 1.307
201912 1.151 105.818 1.360
202003 0.103 105.718 0.122
202006 0.902 106.618 1.058
202009 0.820 105.818 0.969
202012 1.284 105.518 1.522
202103 0.419 107.518 0.487
202106 0.903 108.486 1.041
202109 0.514 109.435 0.587
202112 1.258 110.384 1.425
202203 -0.283 113.968 -0.310
202206 0.082 115.760 0.089
202209 0.730 118.818 0.768
202212 0.609 119.345 0.638
202303 0.135 122.402 0.138
202306 0.342 123.140 0.347
202309 1.515 124.195 1.525
202312 1.527 123.773 1.543
202403 0.731 125.038 0.731

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


WashTec AG  (LTS:0GJK) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=40.90/2.55
=16.04

* 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 WashTec AG was 55.07. The lowest was 12.35. And the median was 25.42.


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.


WashTec AG Cyclically Adjusted FCF per Share Related Terms

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


WashTec AG (LTS:0GJK) Business Description

Industry
Traded in Other Exchanges
Address
Argonstrasse 7, Augsburg, DEU, 86153
WashTec AG is a German holding company, which through its subsidiary provides industrial products. The core activity is that of developing car wash products and equipment and is performed by WashTec Cleaning Technology GmbH, which is one of its subsidiaries. The key products of WashTec are manufactured which include portal washing systems, water recovery, washing lines, and consumables such as washing chemicals, wash brushes, moreover spare parts.

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