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Wirecard AG (XSWX:WDI) Cyclically Adjusted Price-to-FCF : (As of Jun. 15, 2024)


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What is Wirecard AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wirecard AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Wirecard AG'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.

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Wirecard AG Cyclically Adjusted Price-to-FCF Chart

Wirecard AG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Price-to-FCF
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Wirecard AG Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Wirecard AG's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Wirecard AG'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.


Wirecard AG's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Wirecard AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Wirecard AG 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.

Wirecard AG's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Wirecard AG's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2019 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=1.596/106.0177*106.0177
=1.596

Current CPI (Sep. 2019) = 106.0177.

Wirecard AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200912 0.557 92.919 0.636
201003 -0.026 93.199 -0.030
201006 -0.176 93.199 -0.200
201009 -0.267 93.385 -0.303
201012 -0.155 94.132 -0.175
201103 0.128 95.065 0.143
201106 0.563 95.158 0.627
201109 -0.503 95.624 -0.558
201112 -0.079 95.998 -0.087
201203 0.066 97.117 0.072
201206 0.052 96.744 0.057
201209 -0.030 97.584 -0.033
201212 0.402 97.957 0.435
201303 -0.065 98.516 -0.070
201306 -0.431 98.516 -0.464
201309 0.139 98.983 0.149
201312 1.183 99.356 1.262
201403 -0.270 99.543 -0.288
201406 -0.097 99.543 -0.103
201409 0.166 99.823 0.176
201412 0.709 99.543 0.755
201503 -0.105 99.717 -0.112
201506 0.298 100.417 0.315
201509 0.190 100.417 0.201
201512 2.189 99.717 2.327
201603 -0.293 100.017 -0.311
201606 0.994 100.717 1.046
201609 0.182 101.017 0.191
201612 1.053 101.217 1.103
201703 0.706 101.417 0.738
201706 0.827 102.117 0.859
201709 1.240 102.717 1.280
201712 1.355 102.617 1.400
201803 -0.043 102.917 -0.044
201806 1.521 104.017 1.550
201809 -1.785 104.718 -1.807
201812 6.183 104.217 6.290
201903 -0.184 104.217 -0.187
201906 1.385 105.718 1.389
201909 1.596 106.018 1.596

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.


Wirecard AG  (XSWX:WDI) 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.


Wirecard AG Cyclically Adjusted Price-to-FCF Related Terms

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Wirecard AG (XSWX:WDI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Wirecard AG (XSWX:WDI) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
Einsteinring 35, Aschheim, DEU, 85609
Wirecard AG is a Germany-based provider of software solutions to the financial services industry. The firm's operations are organized in three segments: Payment Processing and Risk Management, which offers electronic payment processing services; Acquiring and Issuing, which issues credit cards and statements for payments and transactions; and Call Center and Communication Services, which offers relationship management services to corporate customers. The firm has operations in Europe, the United States, and the Asia-Pacific region.