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Headwaters (Headwaters) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is Headwaters Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Headwaters Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Headwaters'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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Headwaters Cyclically Adjusted Price-to-FCF Chart

Headwaters Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Cyclically Adjusted Price-to-FCF
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Headwaters Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of Headwaters's Cyclically Adjusted Price-to-FCF

For the Building Materials subindustry, Headwaters'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.


Headwaters's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Headwaters's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Headwaters 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.

Headwaters's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2017 is calculated as:

For example, Headwaters's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2017 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=-0.095/102.8622*102.8622
=-0.095

Current CPI (Mar. 2017) = 102.8622.

Headwaters Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200706 0.455 87.906 0.532
200709 1.398 87.964 1.635
200712 0.210 88.616 0.244
200803 -1.041 90.090 -1.189
200806 0.047 92.320 0.052
200809 0.959 92.307 1.069
200812 0.568 88.697 0.659
200903 -0.908 89.744 -1.041
200906 -0.183 91.003 -0.207
200909 0.341 91.120 0.385
200912 0.307 91.111 0.347
201003 -0.201 91.821 -0.225
201006 -0.279 91.962 -0.312
201009 0.770 92.162 0.859
201012 -0.173 92.474 -0.192
201103 -1.409 94.283 -1.537
201106 -0.185 95.235 -0.200
201109 0.457 95.727 0.491
201112 -0.062 95.213 -0.067
201203 -0.001 96.783 -0.001
201206 -0.074 96.819 -0.079
201209 0.460 97.633 0.485
201212 -0.174 96.871 -0.185
201303 -0.036 98.209 -0.038
201306 -0.003 98.518 -0.003
201309 0.557 98.790 0.580
201312 0.051 98.326 0.053
201403 -0.177 99.695 -0.183
201406 -0.147 100.560 -0.150
201409 0.630 100.428 0.645
201412 -0.008 99.070 -0.008
201503 -0.548 99.621 -0.566
201506 0.258 100.684 0.264
201509 0.879 100.392 0.901
201512 0.450 99.792 0.464
201603 -0.137 100.470 -0.140
201606 0.324 101.688 0.328
201609 0.255 101.861 0.258
201612 0.160 101.863 0.162
201703 -0.095 102.862 -0.095

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.


Headwaters  (NYSE:HW) 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.


Headwaters Cyclically Adjusted Price-to-FCF Related Terms

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Headwaters (Headwaters) Business Description

Traded in Other Exchanges
N/A
Address
Headwaters is a manufacturer of building products for the residential construction, residential remodelling, commercial, and industrial construction industries. The range of products includes architectural stone, resin-based exterior-siding accessories, roofing, trim board, decking, railing, concrete block and brick, windows, and other building products. Headwaters sells its products to wholesale distributors in the United States or big-box stores, as well as through an in-house direct salesforce.
Executives
Donald P Newman officer: Chief Financial Officer 224 S 108TH AVENUE, OMAHA NE 68154
Sylvia Summers director 200 FLYNN ROAD, CAMARILLO CA 93012
Malyn K Malquist director 10653 S. RIVER FRONT PARKWAY, SUITE 300, SOUTH JORDAN UT 84095
Ej Jake Garn director 10653 SOUTH RIVER FRONT PARKWAY, SUITE 300, SOUTH JORDAN UT 84095
Scott K Sorensen officer: Chief Financial Officer 10653 S. RIVER FRONT PARKWAY, SUITE 300, SOUTH JORDAN UT 84095

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