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Wipro (WIT) Cyclically Adjusted FCF per Share : $0.00 (As of Sep. 2023)


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What is Wipro 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.

Wipro's adjusted free cash flow per share for the three months ended in Sep. 2023 was $0.000. 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 $0.00 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Wipro's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.40% 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 Wipro was 21.00% per year. The lowest was 8.80% per year. And the median was 16.45% per year.

As of today (2024-04-28), Wipro's current stock price is $5.46. Wipro's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was $0.00. Wipro's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Wipro was 53.83. The lowest was 13.06. And the median was 23.84.


Wipro Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Wipro'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.

Wipro Cyclically Adjusted FCF per Share Chart

Wipro Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.21 0.23 0.21 0.22

Wipro Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.20 0.20 0.22 0.22 -

Competitive Comparison of Wipro's Cyclically Adjusted FCF per Share

For the Information Technology Services subindustry, Wipro'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.


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

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

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



Wipro 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, Wipro's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0/151.4920*151.4920
=0.000

Current CPI (Sep. 2023) = 151.4920.

Wipro Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 91.425 0.000
201403 0.000 91.425 0.000
201406 0.047 94.103 0.076
201409 0.028 96.780 0.044
201412 0.038 96.780 0.059
201503 0.049 97.163 0.076
201506 0.044 99.841 0.067
201509 0.027 101.753 0.040
201512 0.048 102.901 0.071
201603 0.031 102.518 0.046
201606 0.022 105.961 0.031
201609 0.045 105.961 0.064
201612 0.049 105.196 0.071
201703 0.050 105.196 0.072
201706 0.061 107.109 0.086
201709 0.029 109.021 0.040
201712 0.058 109.404 0.080
201803 0.003 109.786 0.004
201806 0.059 111.317 0.080
201809 0.029 115.142 0.038
201812 0.068 115.142 0.089
201903 0.066 118.202 0.085
201906 0.056 120.880 0.070
201909 0.051 123.175 0.063
201912 0.060 126.235 0.072
202003 0.019 124.705 0.023
202006 0.087 127.000 0.104
202009 0.095 130.118 0.111
202012 0.093 130.889 0.108
202103 0.028 131.771 0.032
202106 0.072 134.084 0.081
202109 0.045 135.847 0.050
202112 0.059 138.161 0.065
202203 0.046 138.822 0.050
202206 -0.007 142.347 -0.007
202209 0.100 144.661 0.105
202212 0.089 145.763 0.092
202303 0.076 146.865 0.078
202306 0.077 150.280 0.078
202309 0.000 151.492 0.000

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


Wipro  (NYSE:WIT) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Wipro was 53.83. The lowest was 13.06. And the median was 23.84.


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.


Wipro Cyclically Adjusted FCF per Share Related Terms

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


Wipro (WIT) Business Description

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Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.