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WisdomTree (LTS:0LY1) Cyclically Adjusted Price-to-FCF : 17.95 (As of May. 29, 2024)


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What is WisdomTree Cyclically Adjusted Price-to-FCF?

As of today (2024-05-29), WisdomTree's current share price is £9.875. WisdomTree's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was £0.55. WisdomTree's Cyclically Adjusted Price-to-FCF for today is 17.95.

The historical rank and industry rank for WisdomTree's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LTS:0LY1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.68   Med: 15.13   Max: 2166
Current: 17.94

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

LTS:0LY1's Cyclically Adjusted Price-to-FCF is ranked better than
53.52% of 497 companies
in the Asset Management industry
Industry Median: 20.05 vs LTS:0LY1: 17.94

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 adjusted free cash flow per share data for the three months ended in Mar. 2024 was £-0.008. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is £0.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


WisdomTree Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for WisdomTree'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.

* Premium members only.

WisdomTree Cyclically Adjusted Price-to-FCF Chart

WisdomTree Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.12 12.65 12.55 10.04 12.62

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 Price-to-FCF 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 10.87 12.65 12.80 12.62 16.64

Competitive Comparison of WisdomTree's Cyclically Adjusted Price-to-FCF

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 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.875/0.55
=17.95

* 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.

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

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)
=-0.008/131.7762*131.7762
=-0.008

Current CPI (Mar. 2024) = 131.7762.

WisdomTree Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.098 100.560 0.128
201409 0.103 100.428 0.135
201412 0.118 99.070 0.157
201503 0.082 99.621 0.108
201506 0.225 100.684 0.294
201509 0.205 100.392 0.269
201512 0.206 99.792 0.272
201603 0.033 100.470 0.043
201606 0.114 101.688 0.148
201609 0.084 101.861 0.109
201612 0.062 101.863 0.080
201703 0.013 102.862 0.017
201706 0.085 103.349 0.108
201709 0.076 104.136 0.096
201712 0.083 104.011 0.105
201803 -0.025 105.290 -0.031
201806 0.064 106.317 0.079
201809 0.097 106.507 0.120
201812 0.034 105.998 0.042
201903 0.036 107.251 0.044
201906 0.039 108.070 0.048
201909 0.134 108.329 0.163
201912 0.072 108.420 0.088
202003 -0.014 108.902 -0.017
202006 0.115 108.767 0.139
202009 0.067 109.815 0.080
202012 0.076 109.897 0.091
202103 0.010 111.754 0.012
202106 0.087 114.631 0.100
202109 0.126 115.734 0.143
202112 0.118 117.630 0.132
202203 -0.015 121.301 -0.016
202206 0.057 125.017 0.060
202209 0.192 125.227 0.202
202212 0.062 125.222 0.065
202303 -0.028 127.348 -0.029
202306 0.118 128.729 0.121
202309 0.129 129.860 0.131
202312 0.161 129.419 0.164
202403 -0.008 131.776 -0.008

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.


WisdomTree  (LTS:0LY1) 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.


WisdomTree Cyclically Adjusted Price-to-FCF Related Terms

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


WisdomTree (LTS:0LY1) Business Description

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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