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Westwood Holdings Group (Westwood Holdings Group) Cyclically Adjusted Price-to-FCF : 2.93 (As of Apr. 27, 2024)


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What is Westwood Holdings Group Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Westwood Holdings Group's current share price is $12.81. Westwood Holdings Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.37. Westwood Holdings Group's Cyclically Adjusted Price-to-FCF for today is 2.93.

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

WHG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.07   Med: 11.6   Max: 39.42
Current: 2.93

During the past years, Westwood Holdings Group's highest Cyclically Adjusted Price-to-FCF was 39.42. The lowest was 2.07. And the median was 11.60.

WHG's Cyclically Adjusted Price-to-FCF is ranked better than
91.12% of 507 companies
in the Asset Management industry
Industry Median: 20.19 vs WHG: 2.93

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.

Westwood Holdings Group's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.543. 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 $4.37 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Westwood Holdings Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Westwood Holdings Group'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.

Westwood Holdings Group Cyclically Adjusted Price-to-FCF Chart

Westwood Holdings Group 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 7.22 3.91 4.33 2.42 2.88

Westwood Holdings Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.42 2.47 2.75 2.33 2.88

Competitive Comparison of Westwood Holdings Group's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Westwood Holdings Group'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.


Westwood Holdings Group's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Westwood Holdings Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Westwood Holdings Group 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.

Westwood Holdings Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.81/4.37
=2.93

* 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.

Westwood Holdings Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Westwood Holdings Group's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.543/129.4194*129.4194
=0.543

Current CPI (Dec. 2023) = 129.4194.

Westwood Holdings Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.868 99.695 2.425
201406 0.254 100.560 0.327
201409 0.531 100.428 0.684
201412 0.671 99.070 0.877
201503 1.716 99.621 2.229
201506 3.868 100.684 4.972
201509 0.822 100.392 1.060
201512 0.402 99.792 0.521
201603 2.094 100.470 2.697
201606 1.562 101.688 1.988
201609 0.941 101.861 1.196
201612 1.029 101.863 1.307
201703 1.178 102.862 1.482
201706 2.018 103.349 2.527
201709 1.465 104.136 1.821
201712 0.928 104.011 1.155
201803 0.123 105.290 0.151
201806 0.810 106.317 0.986
201809 0.747 106.507 0.908
201812 1.893 105.998 2.311
201903 1.241 107.251 1.498
201906 1.199 108.070 1.436
201909 1.399 108.329 1.671
201912 -0.179 108.420 -0.214
202003 1.360 108.902 1.616
202006 1.302 108.767 1.549
202009 -3.697 109.815 -4.357
202012 -0.343 109.897 -0.404
202103 -0.891 111.754 -1.032
202106 0.723 114.631 0.816
202109 2.799 115.734 3.130
202112 -0.220 117.630 -0.242
202203 1.102 121.301 1.176
202206 0.418 125.017 0.433
202209 0.402 125.227 0.415
202212 4.627 125.222 4.782
202303 -0.409 127.348 -0.416
202306 -0.091 128.729 -0.091
202309 -0.222 129.860 -0.221
202312 0.543 129.419 0.543

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.


Westwood Holdings Group  (NYSE:WHG) 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.


Westwood Holdings Group Cyclically Adjusted Price-to-FCF Related Terms

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


Westwood Holdings Group (Westwood Holdings Group) Business Description

Traded in Other Exchanges
N/A
Address
200 Crescent Court, Suite 1200, Dallas, TX, USA, 75201
Westwood Holdings Group Inc through its subsidiaries is engaged in managing investment assets and providing services for its clients. The company operates its business through the Advisory and Trust segments. Its advisory segment provides investment advisory services to corporate retirement plans, public retirement plans, endowments, foundations, individuals and the Westwood Funds, as well as investment sub-advisory services to mutual funds and its trust segment. The Trust segment offers trust and custodial services to its clients and to its advisory segment and sponsors common trust funds to institutions and high net worth individuals. It generates maximum revenue from the Advisory segment. Geographically, it derives a majority of revenue from the United States.
Executives
John Porter Montgomery officer: COO 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Leah Bennett officer: President-Westwood Wealth Mgmt 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Ehinger John Anthony Jr officer: Head of Legal, CCO 279 BENSON LAN, COPPELL TX 75019
Matthew Lockridge officer: Head, U.S. Value Inv. 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Jcp Investment Management, Llc 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Adrian Helfert officer: CIO, Multi-Asset Inv. 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Richard M Frank director 4441 W AIRPORT FREEWAY, IRVING TX 75062
Brian O Casey director, officer: President & CEO 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Raymond E Wooldridge director 200 CRESCENT COURT, STE 1200, DALLAS TX 75201
Fabian Gomez officer: Chief Operating Officer 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Randy A Bowman director 200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Jcp Investment Holdings, Llc 10 percent owner, other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partners, Lp 10 percent owner, other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partnership, Lp 10 percent owner, other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
James C Pappas 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027