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WH Smith (WH Smith) Cyclically Adjusted Price-to-FCF : 13.45 (As of May. 25, 2024)


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What is WH Smith Cyclically Adjusted Price-to-FCF?

As of today (2024-05-25), WH Smith's current share price is $14.80. WH Smith's Cyclically Adjusted FCF per Share for the fiscal year that ended in Aug23 was $1.10. WH Smith's Cyclically Adjusted Price-to-FCF for today is 13.45.

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

WHTPF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.77   Med: 25.79   Max: 37
Current: 13.91

During the past 13 years, WH Smith's highest Cyclically Adjusted Price-to-FCF was 37.00. The lowest was 10.77. And the median was 25.79.

WHTPF's Cyclically Adjusted Price-to-FCF is ranked worse than
53.04% of 428 companies
in the Retail - Cyclical industry
Industry Median: 12.71 vs WHTPF: 13.91

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.

WH Smith's adjusted free cash flow per share data of for the fiscal year that ended in Aug23 was $1.242. 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 $1.10 for the trailing ten years ended in Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation


WH Smith Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for WH Smith'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.

WH Smith Cyclically Adjusted Price-to-FCF Chart

WH Smith Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.48 16.49 22.87 18.19 17.28

WH Smith Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - 18.19 - 17.28 -

Competitive Comparison of WH Smith's Cyclically Adjusted Price-to-FCF

For the Specialty Retail subindustry, WH Smith'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.


WH Smith's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, WH Smith's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



WH Smith 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.80/1.1
=13.45

* 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.

WH Smith's Cyclically Adjusted FCF per Share for the fiscal year that ended in Aug23 is calculated as:

For example, WH Smith's adjusted Free Cash Flow per Share data for the fiscal year that ended in Aug23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Aug23 (Change)*Current CPI (Aug23)
=1.242/129.4000*129.4000
=1.242

Current CPI (Aug23) = 129.4000.

WH Smith Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201408 1.159 99.900 1.501
201508 1.386 100.300 1.788
201608 1.048 101.200 1.340
201708 1.157 104.000 1.440
201808 1.053 106.500 1.279
201908 1.004 108.300 1.200
202008 0.022 108.800 0.026
202108 0.590 112.100 0.681
202208 0.944 121.800 1.003
202308 1.242 129.400 1.242

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.


WH Smith  (OTCPK:WHTPF) 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.


WH Smith Cyclically Adjusted Price-to-FCF Related Terms

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


WH Smith (WH Smith) Business Description

Traded in Other Exchanges
Address
Greenbridge Road, Swindon, Wiltshire, GBR, SN3 3RX
WH Smith PLC is a U.K. retailer selling a wide range of products. Its two core business segments are travel and high street. WHSmith's travel stores offer products such as food, drink, publications, books, and tech accessories and other products to travelers. This segment operates predominantly in airports, railway stations, hospitals, and workplaces across Europe, Australia, the Middle East, Southeast Asia, and India. The high street segment operates stores in the United Kingdom, predominantly on the U.K. high street. The high street segment sells products into the following categories: stationery, books, newspapers, magazines, and confectionery. WH Smith also has an online retail business that sells a range of books, stationery, magazines, and gifts through its websites.

WH Smith (WH Smith) Headlines