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Wolverine World Wide (Wolverine World Wide) Cyclically Adjusted Price-to-FCF : 5.68 (As of Apr. 30, 2024)


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What is Wolverine World Wide Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Wolverine World Wide's current share price is $10.74. Wolverine World Wide's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.89. Wolverine World Wide's Cyclically Adjusted Price-to-FCF for today is 5.68.

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

WWW' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.96   Med: 17.21   Max: 33.75
Current: 5.69

During the past years, Wolverine World Wide's highest Cyclically Adjusted Price-to-FCF was 33.75. The lowest was 3.96. And the median was 17.21.

WWW's Cyclically Adjusted Price-to-FCF is ranked better than
84.57% of 363 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.13 vs WWW: 5.69

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.

Wolverine World Wide's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.495. 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 $1.89 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wolverine World Wide Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Wolverine World Wide'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.

Wolverine World Wide Cyclically Adjusted Price-to-FCF Chart

Wolverine World Wide 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 20.29 15.68 13.47 5.75 4.71

Wolverine World Wide Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.75 8.86 7.75 4.41 4.71

Competitive Comparison of Wolverine World Wide's Cyclically Adjusted Price-to-FCF

For the Footwear & Accessories subindustry, Wolverine World Wide'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.


Wolverine World Wide's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wolverine World Wide's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Wolverine World Wide 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.

Wolverine World Wide's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.74/1.89
=5.68

* 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.

Wolverine World Wide's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Wolverine World Wide's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.495/129.4194*129.4194
=1.495

Current CPI (Dec. 2023) = 129.4194.

Wolverine World Wide Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.618 99.695 -0.802
201406 1.148 100.560 1.477
201409 0.402 100.428 0.518
201412 1.905 99.070 2.489
201503 -0.490 99.621 -0.637
201506 1.265 100.684 1.626
201509 0.021 100.392 0.027
201512 0.912 99.792 1.183
201603 -0.923 100.470 -1.189
201606 1.388 101.688 1.767
201609 0.663 101.861 0.842
201612 1.379 101.863 1.752
201703 -0.436 102.862 -0.549
201706 1.348 103.349 1.688
201709 -0.699 104.136 -0.869
201712 1.597 104.011 1.987
201803 -0.677 105.290 -0.832
201806 1.279 106.317 1.557
201809 -1.113 106.507 -1.352
201812 1.334 105.998 1.629
201903 -1.527 107.251 -1.843
201906 1.425 108.070 1.707
201909 0.020 108.329 0.024
201912 2.369 108.420 2.828
202003 -0.978 108.902 -1.162
202006 1.392 108.767 1.656
202009 1.191 109.815 1.404
202012 2.090 109.897 2.461
202103 0.290 111.754 0.336
202106 0.250 114.631 0.282
202109 -0.462 115.734 -0.517
202112 0.749 117.630 0.824
202203 -1.221 121.301 -1.303
202206 -2.053 125.017 -2.125
202209 -3.165 125.227 -3.271
202212 3.786 125.222 3.913
202303 -1.327 127.348 -1.349
202306 1.721 128.729 1.730
202309 -0.543 129.860 -0.541
202312 1.495 129.419 1.495

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.


Wolverine World Wide  (NYSE:WWW) 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.


Wolverine World Wide Cyclically Adjusted Price-to-FCF Related Terms

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


Wolverine World Wide (Wolverine World Wide) Business Description

Traded in Other Exchanges
Address
9341 Courtland Drive N.E., Rockford, MI, USA, 49351
Wolverine World Wide Inc is engaged in designing, manufacturing, sourcing, marketing, licensing, and distributing branded footwear, apparel, and accessories. The company's segment includes Active Group; Work Group; Lifestyle Group and Other. It generates maximum revenue from the Active Group segment. Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear.
Executives
Amy M. Klimek officer: EVP, Global Human Resources 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Jeffrey M Boromisa director
Michael D Stornant officer: EVP, CFO and Treasurer C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Brenda J Lauderback director IRWIN FINANCIAL CORPORATION, 500 WASHINGTON STREET, COLUMBUS IN 47201
Jodi Bricker director C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Demonty Price director C/O RESTORATION HARDWARE HOLDINGS, INC., 15 KOCH ROAD, SUITE K, CORTE MADERA CA 94925
Andersen Stacia J.p. director 6301 FITCH PATH, NEW ALBANY OH 43054
Kathleen Wilson-thompson director PO BOX 3599, BATTLE CREEK MI 49016-3599
Christopher Hufnagel officer: President, Active Group 9341 COURTLAND DRIVE, ROCKFORD MI 49351
Nicholas T. Long director C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Reginald Rasch officer: Sr. VP, Gen'l Counsel & Sec'y 80 GRASSLANDS ROAD, ELMSFORD NY 10523
Brendan Hoffman director, officer: President 100 PIER 1 PLACE, FORT WORTH TX 76102
Isabel Soriano officer: President, International C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
David T Kollat director 9341 COURTLAND DR, ROCKFORD MI 49351
William K Gerber director 999 WEST BIG BEAVER ROAD, TROY MI 48084