GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Worley Ltd (OTCPK:WYGPY) » Definitions » Cyclically Adjusted FCF per Share

Worley (Worley) Cyclically Adjusted FCF per Share : $0.58 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Worley 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.

Worley's adjusted free cash flow per share data for the fiscal year that ended in Jun. 2023 was $0.226. 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 $0.58 for the trailing ten years ended in Jun. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -4.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -3.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -0.70% 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 Worley was 18.40% per year. The lowest was -4.80% per year. And the median was -0.30% per year.

As of today (2024-04-30), Worley's current stock price is $ 9.79. Worley's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun. 2023 was $0.58. Worley's Cyclically Adjusted Price-to-FCF of today is 16.88.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Worley was 30.42. The lowest was 2.67. And the median was 12.57.


Worley Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Worley'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.

Worley Cyclically Adjusted FCF per Share Chart

Worley Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.67 0.78 0.67 0.58

Worley Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 0.67 - 0.58 -

Competitive Comparison of Worley's Cyclically Adjusted FCF per Share

For the Oil & Gas Equipment & Services subindustry, Worley'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.


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

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

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



Worley 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, Worley's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.226/124.1700*124.1700
=0.226

Current CPI (Jun. 2023) = 124.1700.

Worley Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.758 98.352 2.219
201506 0.478 99.838 0.594
201606 0.343 100.859 0.422
201706 0.097 102.809 0.117
201806 0.590 104.945 0.698
201906 0.329 106.617 0.383
202006 1.008 106.246 1.178
202106 0.658 110.332 0.741
202206 0.351 117.112 0.372
202306 0.226 124.170 0.226

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


Worley  (OTCPK:WYGPY) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.79/0.58
=16.88

* 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 Worley was 30.42. The lowest was 2.67. And the median was 12.57.


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.


Worley Cyclically Adjusted FCF per Share Related Terms

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


Worley (Worley) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Worley Ltd (OTCPK:WYGPY) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
141 Walker Street, Level 17, North Sydney, Sydney, NSW, AUS, 2060
Worley is a leading global provider of professional services, such as engineering, procurement, and construction management, to the oil, gas, mining, power, and infrastructure sectors. Purchase of Jacobs ECR in April 2019 reduced revenue contribution from hydrocarbons to just over 50%, from a prior 75%-80% position. Metals and mining contributes 23% and infrastructure and chemicals the balance. Worley has a global presence with about 59,000 staff in more than 50 countries. It has a strong presence in many developing economies, including Africa.

Worley (Worley) Headlines

From GuruFocus

Worley Ltd Annual Shareholders Meeting Transcript

By GuruFocus Research 02-15-2024

Worley Ltd Investor Day Transcript

By GuruFocus Research 02-15-2024

Half Year 2023 Worley Ltd Earnings Call Transcript

By GuruFocus Research 02-15-2024

Half Year 2023 Worley Ltd Earnings Call Transcript

By GuruFocus Research 02-15-2024

Full Year 2021 Worley Ltd Earnings Presentation Transcript

By GuruFocus Research 02-15-2024

Full Year 2020 Worley Ltd Earnings Presentation Transcript

By GuruFocus Research 02-15-2024

Worley Ltd Sustainability Investor Day Transcript

By GuruFocus Research 02-15-2024

Half Year 2020 Worley Ltd Earnings Presentation Transcript

By GuruFocus Research 02-15-2024

Half Year 2021 Worley Ltd Earnings Presentation Transcript

By GuruFocus Research 02-15-2024

Half Year 2022 Worley Ltd Earnings Call Transcript

By GuruFocus Research 02-15-2024