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Wirtek A/S (OCSE:WIRTEK) Cyclically Adjusted FCF per Share : kr0.14 (As of Mar. 2024)


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What is Wirtek A/S 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.

Wirtek A/S's adjusted free cash flow per share for the three months ended in Mar. 2024 was kr0.179. 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 kr0.14 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-05-24), Wirtek A/S's current stock price is kr10.00. Wirtek A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr0.14. Wirtek A/S's Cyclically Adjusted Price-to-FCF of today is 71.43.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Wirtek A/S was 114.50. The lowest was 69.21. And the median was 99.89.


Wirtek A/S Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Wirtek A/S'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.

Wirtek A/S Cyclically Adjusted FCF per Share Chart

Wirtek A/S 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 - - - - 0.11

Wirtek 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 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 - 0.10 0.09 0.11 0.14

Competitive Comparison of Wirtek A/S's Cyclically Adjusted FCF per Share

For the Information Technology Services subindustry, Wirtek 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.


Wirtek A/S's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Wirtek A/S's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Wirtek A/S 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, Wirtek 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)
=0.179/118.4000*118.4000
=0.179

Current CPI (Mar. 2024) = 118.4000.

Wirtek A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200912 0.000 91.400 0.000
201006 0.000 93.300 0.000
201012 0.000 94.000 0.000
201106 0.000 96.100 0.000
201112 0.000 96.300 0.000
201206 0.000 98.200 0.000
201212 0.000 98.300 0.000
201306 0.000 99.100 0.000
201312 0.000 99.000 0.000
201406 0.000 99.700 0.000
201412 0.000 99.400 0.000
201506 0.000 100.300 0.000
201512 0.000 99.800 0.000
201606 0.000 100.600 0.000
201612 0.000 100.300 0.000
201706 0.000 101.200 0.000
201712 0.000 101.300 0.000
201806 0.000 102.300 0.000
201812 0.000 102.100 0.000
201903 0.045 102.900 0.052
201906 -0.068 102.900 -0.078
201909 0.024 102.900 0.028
201912 0.153 102.900 0.176
202003 0.200 103.300 0.229
202006 0.260 103.200 0.298
202009 -0.062 103.500 -0.071
202012 -0.009 103.400 -0.010
202103 0.218 104.300 0.247
202106 -0.584 105.000 -0.659
202109 0.085 105.800 0.095
202112 -0.240 106.600 -0.267
202203 0.242 109.900 0.261
202206 -0.363 113.600 -0.378
202209 -0.114 116.400 -0.116
202212 0.469 115.900 0.479
202303 0.242 117.300 0.244
202306 -0.063 116.400 -0.064
202309 -0.046 117.400 -0.046
202312 0.157 116.700 0.159
202403 0.179 118.400 0.179

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


Wirtek A/S  (OCSE:WIRTEK) 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.

Wirtek A/S's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.00/0.14
=71.43

* 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 Wirtek A/S was 114.50. The lowest was 69.21. And the median was 99.89.


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.


Wirtek A/S Cyclically Adjusted FCF per Share Related Terms

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


Wirtek A/S (OCSE:WIRTEK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Wirtek A/S (OCSE:WIRTEK) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
N/A
Address
Niels Jernes Vej 10, Aalborg, DNK, 9220
Wirtek A/S is a Danish software outsourcing company. It provides consultancy services in the field of software development and product testing. It creates software solutions and electronic equipment products. Its business units involve Electronic Equipment Services and Software Engineering Services. The company earns the majority of its revenue from Software Engineering services.

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