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World Kinect (FRA:WFK) Cyclically Adjusted FCF per Share : €1.90 (As of Mar. 2024)


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What is World Kinect 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.

World Kinect's adjusted free cash flow per share for the three months ended in Mar. 2024 was €1.414. 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 €1.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, World Kinect's average Cyclically Adjusted FCF Growth Rate was 0.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 48.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.70% 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 World Kinect was 106.30% per year. The lowest was -39.20% per year. And the median was 14.10% per year.

As of today (2024-05-26), World Kinect's current stock price is €22.60. World Kinect's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.90. World Kinect's Cyclically Adjusted Price-to-FCF of today is 11.89.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of World Kinect was 224.75. The lowest was 8.56. And the median was 25.22.


World Kinect Cyclically Adjusted FCF per Share Historical Data

The historical data trend for World Kinect'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.

World Kinect Cyclically Adjusted FCF per Share Chart

World Kinect 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 0.38 1.13 1.78 1.89 1.85

World Kinect 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 1.84 1.89 2.04 1.85 1.90

Competitive Comparison of World Kinect's Cyclically Adjusted FCF per Share

For the Oil & Gas Refining & Marketing subindustry, World Kinect'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.


World Kinect's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, World Kinect's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



World Kinect 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, World Kinect'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)
=1.414/131.7762*131.7762
=1.414

Current CPI (Mar. 2024) = 131.7762.

World Kinect Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.007 100.560 -0.009
201409 0.109 100.428 0.143
201412 -0.013 99.070 -0.017
201503 1.214 99.621 1.606
201506 0.777 100.684 1.017
201509 1.684 100.392 2.210
201512 1.416 99.792 1.870
201603 1.597 100.470 2.095
201606 0.676 101.688 0.876
201609 0.176 101.861 0.228
201612 -2.412 101.863 -3.120
201703 0.731 102.862 0.936
201706 -1.117 103.349 -1.424
201709 -2.421 104.136 -3.064
201712 0.517 104.011 0.655
201803 -2.917 105.290 -3.651
201806 -0.167 106.317 -0.207
201809 -1.306 106.507 -1.616
201812 1.381 105.998 1.717
201903 -0.144 107.251 -0.177
201906 1.446 108.070 1.763
201909 0.148 108.329 0.180
201912 0.529 108.420 0.643
202003 -0.109 108.902 -0.132
202006 3.088 108.767 3.741
202009 3.109 109.815 3.731
202012 1.390 109.897 1.667
202103 1.339 111.754 1.579
202106 0.325 114.631 0.374
202109 0.921 115.734 1.049
202112 -0.865 117.630 -0.969
202203 -1.264 121.301 -1.373
202206 0.330 125.017 0.348
202209 3.891 125.227 4.095
202212 -1.713 125.222 -1.803
202303 1.847 127.348 1.911
202306 0.233 128.729 0.239
202309 0.914 129.860 0.927
202312 -0.230 129.419 -0.234
202403 1.414 131.776 1.414

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


World Kinect  (FRA:WFK) 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.

World Kinect's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=22.60/1.9
=11.89

* 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 World Kinect was 224.75. The lowest was 8.56. And the median was 25.22.


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.


World Kinect Cyclically Adjusted FCF per Share Related Terms

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


World Kinect (FRA:WFK) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » World Kinect Corp (FRA:WFK) » Definitions » Cyclically Adjusted FCF per Share
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Address
9800 Northwest 41st Street, Miami, FL, USA, 33178
World Kinect Corp is a global energy management company involved in providing supply fulfillment, energy procurement advisory services, and transaction and payment management solutions to commercial and industrial customers worldwide. It sells and delivers liquid fuels, natural gas, electricity, renewable energy, and other sustainability solutions.

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