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Wistron (LUX:WSTRN) Cyclically Adjusted FCF per Share : $0.17 (As of Mar. 2024)


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What is Wistron 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.

Wistron's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.001. 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 $0.17 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wistron's average Cyclically Adjusted FCF Growth Rate was -48.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 124.40% 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 Wistron was 124.40% per year. The lowest was -43.30% per year. And the median was 40.55% per year.

As of today (2024-06-10), Wistron's current stock price is $33.80. Wistron's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.17. Wistron's Cyclically Adjusted Price-to-FCF of today is 198.82.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Wistron was 400.00. The lowest was 37.09. And the median was 193.33.


Wistron Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Wistron'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.

Wistron Cyclically Adjusted FCF per Share Chart

Wistron 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 0.18 0.04 -0.35 0.03 0.37

Wistron 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 0.35 0.15 0.15 0.37 0.17

Competitive Comparison of Wistron's Cyclically Adjusted FCF per Share

For the Computer Hardware subindustry, Wistron'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.


Wistron's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wistron's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Wistron 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, Wistron'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)
=0.001/131.7762*131.7762
=0.001

Current CPI (Mar. 2024) = 131.7762.

Wistron Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.347 100.560 -1.765
201409 -1.779 100.428 -2.334
201412 0.024 99.070 0.032
201503 -0.094 99.621 -0.124
201506 1.602 100.684 2.097
201509 0.930 100.392 1.221
201512 -1.061 99.792 -1.401
201603 1.474 100.470 1.933
201606 0.164 101.688 0.213
201609 1.332 101.861 1.723
201612 1.505 101.863 1.947
201703 -0.686 102.862 -0.879
201706 -0.627 103.349 -0.799
201709 -1.365 104.136 -1.727
201712 0.214 104.011 0.271
201803 -2.489 105.290 -3.115
201806 -0.470 106.317 -0.583
201809 -0.787 106.507 -0.974
201812 2.359 105.998 2.933
201903 -1.171 107.251 -1.439
201906 1.665 108.070 2.030
201909 -0.660 108.329 -0.803
201912 1.495 108.420 1.817
202003 0.653 108.902 0.790
202006 -2.245 108.767 -2.720
202009 -0.438 109.815 -0.526
202012 -0.540 109.897 -0.648
202103 -1.382 111.754 -1.630
202106 -1.872 114.631 -2.152
202109 0.672 115.734 0.765
202112 -1.502 117.630 -1.683
202203 -0.747 121.301 -0.812
202206 0.733 125.017 0.773
202209 3.657 125.227 3.848
202212 0.593 125.222 0.624
202303 -0.274 127.348 -0.284
202306 -0.801 128.729 -0.820
202309 1.400 129.860 1.421
202312 3.180 129.419 3.238
202403 0.001 131.776 0.001

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


Wistron  (LUX:WSTRN) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=33.80/0.17
=198.82

* 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 Wistron was 400.00. The lowest was 37.09. And the median was 193.33.


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.


Wistron Cyclically Adjusted FCF per Share Related Terms

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


Wistron (LUX:WSTRN) Business Description

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No.5 , Xinan Road, East District, Hsinchu, TWN, 30076
Wistron Corp is an original design manufacturer of information and communication technology products. The company offers end-to-end services from the initial conceptualization and development of a product through to volume manufacturing and after-sale services. The in-house capabilities of the firm include design and engineering challenges such as styling considerations, component selection, prototyping, 3D modeling, testing, and packaging. The firm has operations in Asia, Europe, and North America.

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