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Williams (BSP:W1MB34) Cyclically Adjusted Price-to-FCF : 32.17 (As of Jun. 05, 2024)


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What is Williams Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), Williams's current share price is R$207.48. Williams's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$6.45. Williams's Cyclically Adjusted Price-to-FCF for today is 32.17.

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

BSP:W1MB34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.7   Med: 88.57   Max: 449.8
Current: 32.23

During the past years, Williams's highest Cyclically Adjusted Price-to-FCF was 449.80. The lowest was 29.70. And the median was 88.57.

BSP:W1MB34's Cyclically Adjusted Price-to-FCF is ranked worse than
80.1% of 397 companies
in the Oil & Gas industry
Industry Median: 13.91 vs BSP:W1MB34: 32.23

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.

Williams's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$2.811. 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 R$6.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Williams Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Williams'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.

Williams Cyclically Adjusted Price-to-FCF Chart

Williams 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 - 177.47 121.74 56.48 30.60

Williams Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 41.94 40.30 35.43 30.60 30.40

Competitive Comparison of Williams's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Midstream subindustry, Williams'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.


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

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

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



Williams 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.

Williams's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=207.48/6.45
=32.17

* 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.

Williams's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Williams'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)
=2.811/131.7762*131.7762
=2.811

Current CPI (Mar. 2024) = 131.7762.

Williams Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.339 100.560 -3.065
201409 -2.359 100.428 -3.095
201412 -0.270 99.070 -0.359
201503 -0.681 99.621 -0.901
201506 -0.033 100.684 -0.043
201509 -0.875 100.392 -1.149
201512 -0.621 99.792 -0.820
201603 1.331 100.470 1.746
201606 0.593 101.688 0.768
201609 0.519 101.861 0.671
201612 7.075 101.863 9.153
201703 0.810 102.862 1.038
201706 0.962 103.349 1.227
201709 0.181 104.136 0.229
201712 0.576 104.011 0.730
201803 -1.043 105.290 -1.305
201806 -0.186 106.317 -0.231
201809 -0.100 106.507 -0.124
201812 1.152 105.998 1.432
201903 1.104 107.251 1.356
201906 1.782 108.070 2.173
201909 0.187 108.329 0.227
201912 1.957 108.420 2.379
202003 1.925 108.902 2.329
202006 3.516 108.767 4.260
202009 0.502 109.815 0.602
202012 3.413 109.897 4.092
202103 3.028 111.754 3.570
202106 2.594 114.631 2.982
202109 2.458 115.734 2.799
202112 3.935 117.630 4.408
202203 3.199 121.301 3.475
202206 3.212 125.017 3.386
202209 2.749 125.227 2.893
202212 1.722 125.222 1.812
202303 4.088 127.348 4.230
202306 2.996 128.729 3.067
202309 2.153 129.860 2.185
202312 4.503 129.419 4.585
202403 2.811 131.776 2.811

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.


Williams  (BSP:W1MB34) 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.


Williams Cyclically Adjusted Price-to-FCF Related Terms

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


Williams (BSP:W1MB34) Business Description

Industry
Traded in Other Exchanges
Address
One Williams Center, PO Box 2400, Tulsa, OK, USA, 74172
Williams Companies is a midstream energy company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering, processing, and storage assets. In August 2018, the firm acquired the remaining 26% ownership of its limited partner, Williams Partners.

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