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WD-40 Co (WD-40 Co) Cyclically Adjusted FCF per Share : $4.37 (As of Feb. 2024)


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What is WD-40 Co 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.

WD-40 Co's adjusted free cash flow per share for the three months ended in Feb. 2024 was $1.227. 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 $4.37 for the trailing ten years ended in Feb. 2024.

During the past 12 months, WD-40 Co's average Cyclically Adjusted FCF Growth Rate was 16.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.10% 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 WD-40 Co was 8.70% per year. The lowest was -1.60% per year. And the median was 5.10% per year.

As of today (2024-04-27), WD-40 Co's current stock price is $225.52. WD-40 Co's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was $4.37. WD-40 Co's Cyclically Adjusted Price-to-FCF of today is 51.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of WD-40 Co was 98.89. The lowest was 23.89. And the median was 46.92.


WD-40 Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for WD-40 Co'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.

WD-40 Co Cyclically Adjusted FCF per Share Chart

WD-40 Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.19 3.23 3.73 3.75 4.15

WD-40 Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3.76 3.94 4.15 4.30 4.37

Competitive Comparison of WD-40 Co's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, WD-40 Co'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.


WD-40 Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, WD-40 Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where WD-40 Co's Cyclically Adjusted Price-to-FCF falls into.



WD-40 Co 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, WD-40 Co's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1.227/129.4194*129.4194
=1.227

Current CPI (Feb. 2024) = 129.4194.

WD-40 Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.450 100.373 0.580
201408 1.042 100.352 1.344
201411 0.530 99.635 0.688
201502 0.194 99.032 0.254
201505 1.409 100.333 1.817
201508 1.239 100.548 1.595
201511 0.982 100.135 1.269
201602 -0.421 100.040 -0.545
201605 2.280 101.355 2.911
201608 1.408 101.617 1.793
201611 0.283 101.829 0.360
201702 -0.039 102.779 -0.049
201705 1.133 103.256 1.420
201708 1.139 103.587 1.423
201711 0.813 104.072 1.011
201802 0.024 105.052 0.030
201805 1.363 106.148 1.662
201808 1.550 106.383 1.886
201811 0.556 106.338 0.677
201902 0.325 106.649 0.394
201905 1.111 108.048 1.331
201908 1.599 108.245 1.912
201911 0.672 108.519 0.801
202002 0.251 109.139 0.298
202005 0.778 108.175 0.931
202008 2.191 109.662 2.586
202011 1.467 109.793 1.729
202102 1.078 110.968 1.257
202105 1.330 113.576 1.516
202108 1.198 115.421 1.343
202111 -0.246 117.269 -0.271
202202 0.263 119.703 0.284
202205 0.023 123.323 0.024
202208 -0.457 124.958 -0.473
202211 0.660 125.607 0.680
202302 0.617 126.928 0.629
202305 2.468 128.314 2.489
202308 2.984 129.538 2.981
202311 1.924 129.548 1.922
202402 1.227 129.419 1.227

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


WD-40 Co  (NAS:WDFC) 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.

WD-40 Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=225.52/4.37
=51.61

* 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 WD-40 Co was 98.89. The lowest was 23.89. And the median was 46.92.


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.


WD-40 Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of WD-40 Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


WD-40 Co (WD-40 Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » WD-40 Co (NAS:WDFC) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
9715 Businesspark Avenue, San Diego, CA, USA, 92131
WD-40 Co manufactures and sells lubricants and cleaning products. The firm's product categories include maintenance and cleaning products. Maintenance products include the WD-40 signature brand aerosol spray lubricant as well as degreasers, rust removers, and bicycle maintenance products. Cleaning products include toilet cleaners, carpet stain removers and deodorizers, and heavy-duty hand soaps used to clean grease. The company organizes itself into three segments based on geography: Americas, Europe/Middle East/Africa, and Asia-Pacific. Around half of the company's revenue comes from the Americas segment, which includes the United States, Canada, and Latin America.
Executives
Sara Kathleen Hyzer officer: VP, Finance & CFO C/O: WD-40 COMPANY, 9715 BUSINESSPARK AVE., SAN DIEGO CA 92131
Jeffrey G Lindeman officer: VP, Chief People, Cult. & Cap. 9715 BUSINESSPARK AVENUE, SAN DIEGO CA 92131
Phenix Q. Kiamilev officer: VP, General Counsel & Corp Sec 9715 BUSINESSPARK AVENUE, SAN DIEGO CA 92131
Steven A Brass director, officer: President and CEO WD-40 COMPANY, 1061 CUDAHY PLACE, SAN DIEGO CA 92110
William B Noble officer: Group MD, EMEA & Emerging Mkts BRICK CLOSE, KIIN FARM, MILTON KEYNES X0 MK1 13LJ
Patricia Q Olsem officer: Division President, Americas 9715 BUSINESSPARK AVENUE, SAN DIEGO CA 92131
Cynthia Burks director C/O INSPIRE MEDICAL SYSTEMS, INC., 9700 63RD AVENUE NORTH, SUITE 200, MAPLE GROVE MN 55369
Geoffrey Holdsworth officer: Managing Director AsiaPacific 27 MUNGARRA AVENUE, ST. IVES, SYDNEY C3 2075
Eric Etchart director ROOM F, 22F CROSS REGION PLAZA, 899 LINGLING ROAD, SHANGHAI F4 200030
Magee Edward O Jr director 9715 BUSINESSPARK AVENUE, SAN DIEGO CA 92131
Richard T Clampitt officer: VP, General Counsel WD-40 COMPANY, 1061 CUDAHY PLACE, SAN DIEGO CA 92110
Garry O Ridge director, officer: President & CEO 1061 CUDAHY PL, SAN DIEGO CA 92110
Lara L Lee director C/O MARRONE BIO INNOVATIONS, INC., 1540 DREW AVENUE, DAVIS CA 95618
Jay Rembolt officer: Principal Accounting Officer 1061 CUDAHY PL, SAN DIEGO CA 92110
Graciela Monteagudo director FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047