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Vestas Wind Systems A/S (OCSE:VWS) Cyclically Adjusted Price-to-FCF : 66.81 (As of Jun. 06, 2024)


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What is Vestas Wind Systems A/S Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Vestas Wind Systems A/S's current share price is kr191.75. Vestas Wind Systems A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr2.87. Vestas Wind Systems A/S's Cyclically Adjusted Price-to-FCF for today is 66.81.

The historical rank and industry rank for Vestas Wind Systems A/S's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

OCSE:VWS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 28.2   Med: 48.02   Max: 72.9
Current: 67.27

During the past years, Vestas Wind Systems A/S's highest Cyclically Adjusted Price-to-FCF was 72.90. The lowest was 28.20. And the median was 48.02.

OCSE:VWS's Cyclically Adjusted Price-to-FCF is ranked worse than
73.23% of 1031 companies
in the Industrial Products industry
Industry Median: 32.99 vs OCSE:VWS: 67.27

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.

Vestas Wind Systems A/S's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr-7.036. 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 kr2.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vestas Wind Systems A/S Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Vestas Wind Systems A/S'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.

Vestas Wind Systems A/S Cyclically Adjusted Price-to-FCF Chart

Vestas Wind Systems A/S 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 36.56 67.33 46.09 47.78 61.24

Vestas Wind Systems A/S 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 57.03 56.92 51.01 61.24 67.33

Competitive Comparison of Vestas Wind Systems A/S's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Vestas Wind Systems A/S'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.


Vestas Wind Systems A/S's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vestas Wind Systems A/S's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Vestas Wind Systems A/S's Cyclically Adjusted Price-to-FCF falls into.



Vestas Wind Systems A/S 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.

Vestas Wind Systems A/S's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=191.75/2.87
=66.81

* 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.

Vestas Wind Systems A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Vestas Wind Systems A/S'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)
=-7.036/118.4000*118.4000
=-7.036

Current CPI (Mar. 2024) = 118.4000.

Vestas Wind Systems A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.155 99.700 -0.184
201409 0.698 99.700 0.829
201412 5.248 99.400 6.251
201503 0.986 100.200 1.165
201506 1.223 100.300 1.444
201509 1.052 100.200 1.243
201512 4.164 99.800 4.940
201603 -1.453 100.200 -1.717
201606 2.178 100.600 2.563
201609 1.047 100.200 1.237
201612 9.801 100.300 11.570
201703 -0.614 101.200 -0.718
201706 -1.099 101.200 -1.286
201709 1.302 101.800 1.514
201712 8.502 101.300 9.937
201803 -4.279 101.700 -4.982
201806 -1.341 102.300 -1.552
201809 -1.621 102.400 -1.874
201812 10.616 102.100 12.311
201903 -6.785 102.900 -7.807
201906 -0.605 102.900 -0.696
201909 1.329 102.900 1.529
201912 6.343 102.900 7.298
202003 -7.024 103.300 -8.051
202006 -1.129 103.200 -1.295
202009 4.155 103.500 4.753
202012 3.842 103.400 4.399
202103 -6.983 104.300 -7.927
202106 1.081 105.000 1.219
202109 2.120 105.800 2.372
202112 4.124 106.600 4.581
202203 -8.269 109.900 -8.909
202206 -2.754 113.600 -2.870
202209 -6.106 116.400 -6.211
202212 9.319 115.900 9.520
202303 -8.431 117.300 -8.510
202306 -1.095 116.400 -1.114
202309 -1.990 117.400 -2.007
202312 12.553 116.700 12.736
202403 -7.036 118.400 -7.036

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.


Vestas Wind Systems A/S  (OCSE:VWS) 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.


Vestas Wind Systems A/S Cyclically Adjusted Price-to-FCF Related Terms

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


Vestas Wind Systems A/S (OCSE:VWS) Business Description

Address
Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.

Vestas Wind Systems A/S (OCSE:VWS) Headlines

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