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WSP Global (FRA:1W3) Cyclically Adjusted FCF per Share : €3.81 (As of Mar. 2024)


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What is WSP Global 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.

WSP Global's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.210. 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 €3.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, WSP Global's average Cyclically Adjusted FCF Growth Rate was 11.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.70% 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 WSP Global was 20.50% per year. The lowest was 15.10% per year. And the median was 18.40% per year.

As of today (2024-05-28), WSP Global's current stock price is €139.00. WSP Global's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.81. WSP Global's Cyclically Adjusted Price-to-FCF of today is 36.48.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of WSP Global was 43.77. The lowest was 21.25. And the median was 30.96.


WSP Global Cyclically Adjusted FCF per Share Historical Data

The historical data trend for WSP Global'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.

WSP Global Cyclically Adjusted FCF per Share Chart

WSP Global 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 2.07 2.29 2.94 3.35 3.74

WSP Global 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 3.28 3.43 3.57 3.74 3.81

Competitive Comparison of WSP Global's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, WSP Global'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.


WSP Global's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, WSP Global's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



WSP Global 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, WSP Global'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)
=-0.21/126.2576*126.2576
=-0.210

Current CPI (Mar. 2024) = 126.2576.

WSP Global Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.310 99.473 0.393
201409 -0.181 99.394 -0.230
201412 1.740 98.367 2.233
201503 -1.410 99.789 -1.784
201506 0.610 100.500 0.766
201509 0.096 100.421 0.121
201512 1.214 99.947 1.534
201603 0.044 101.054 0.055
201606 0.041 102.002 0.051
201609 -0.157 101.765 -0.195
201612 1.748 101.449 2.175
201703 0.031 102.634 0.038
201706 -0.188 103.029 -0.230
201709 0.130 103.345 0.159
201712 1.897 103.345 2.318
201803 0.210 105.004 0.253
201806 -0.107 105.557 -0.128
201809 1.494 105.636 1.786
201812 1.792 105.399 2.147
201903 0.004 106.979 0.005
201906 0.488 107.690 0.572
201909 1.549 107.611 1.817
201912 2.245 107.769 2.630
202003 -0.123 107.927 -0.144
202006 2.947 108.401 3.432
202009 1.239 108.164 1.446
202012 1.976 108.559 2.298
202103 0.861 110.298 0.986
202106 0.715 111.720 0.808
202109 1.236 112.905 1.382
202112 2.639 113.774 2.929
202203 -0.633 117.646 -0.679
202206 0.596 120.806 0.623
202209 0.769 120.648 0.805
202212 2.975 120.964 3.105
202303 -0.256 122.702 -0.263
202306 0.200 124.203 0.203
202309 0.614 125.230 0.619
202312 3.861 125.072 3.898
202403 -0.210 126.258 -0.210

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


WSP Global  (FRA:1W3) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=139.00/3.81
=36.48

* 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 WSP Global was 43.77. The lowest was 21.25. And the median was 30.96.


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.


WSP Global Cyclically Adjusted FCF per Share Related Terms

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


WSP Global (FRA:1W3) Business Description

Industry
Traded in Other Exchanges
Address
1600, Rene-Levesque Bouleverd West, 11th Floor, Montreal, QC, CAN, H3H 1P9
WSP Global Inc provides engineering and design services to clients in the Transportation and Infrastructure, Property and Buildings, Environment, Power and Energy, Resources, and Industry sectors. It also offers strategic advisory services. The firm operates through four reportable segments namely, Canada, Americas ( US and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).

WSP Global (FRA:1W3) Headlines

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