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WNS (Holdings) (WNS (Holdings)) Cyclically Adjusted Price-to-FCF : 15.86 (As of Apr. 27, 2024)


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What is WNS (Holdings) Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), WNS (Holdings)'s current share price is $49.02. WNS (Holdings)'s Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.09. WNS (Holdings)'s Cyclically Adjusted Price-to-FCF for today is 15.86.

The historical rank and industry rank for WNS (Holdings)'s Cyclically Adjusted Price-to-FCF or its related term are showing as below:

WNS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.41   Med: 29.35   Max: 42.46
Current: 16.6

During the past years, WNS (Holdings)'s highest Cyclically Adjusted Price-to-FCF was 42.46. The lowest was 16.41. And the median was 29.35.

WNS's Cyclically Adjusted Price-to-FCF is ranked better than
70.3% of 670 companies
in the Software industry
Industry Median: 28.305 vs WNS: 16.60

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.

WNS (Holdings)'s adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.291. 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 $3.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


WNS (Holdings) Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for WNS (Holdings)'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.

WNS (Holdings) Cyclically Adjusted Price-to-FCF Chart

WNS (Holdings) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.01 23.10 32.28 33.65 32.62

WNS (Holdings) 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 29.10 32.62 25.27 22.95 20.43

Competitive Comparison of WNS (Holdings)'s Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, WNS (Holdings)'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.


WNS (Holdings)'s Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

* The bar in red indicates where WNS (Holdings)'s Cyclically Adjusted Price-to-FCF falls into.



WNS (Holdings) 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.

WNS (Holdings)'s Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=49.02/3.09
=15.86

* 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.

WNS (Holdings)'s Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, WNS (Holdings)'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)
=1.291/153.2548*153.2548
=1.291

Current CPI (Dec. 2023) = 153.2548.

WNS (Holdings) Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.411 91.425 0.689
201406 0.177 94.103 0.288
201409 0.322 96.780 0.510
201412 0.428 96.780 0.678
201503 0.445 97.163 0.702
201506 0.157 99.841 0.241
201509 0.377 101.753 0.568
201512 0.456 102.901 0.679
201603 0.433 102.518 0.647
201606 0.235 105.961 0.340
201609 0.210 105.961 0.304
201612 0.432 105.196 0.629
201703 0.467 105.196 0.680
201706 0.130 107.109 0.186
201709 0.619 109.021 0.870
201712 0.564 109.404 0.790
201803 0.652 109.786 0.910
201806 0.103 111.317 0.142
201809 0.382 115.142 0.508
201812 1.061 115.142 1.412
201903 0.715 118.202 0.927
201906 0.791 120.880 1.003
201909 0.739 123.175 0.919
201912 1.123 126.235 1.363
202003 1.237 124.705 1.520
202006 0.360 127.000 0.434
202009 0.964 130.118 1.135
202012 0.928 130.889 1.087
202103 1.349 131.771 1.569
202106 0.149 134.084 0.170
202109 0.798 135.847 0.900
202112 1.003 138.161 1.113
202203 1.182 138.822 1.305
202206 0.097 142.347 0.104
202209 0.530 144.661 0.561
202212 1.170 145.763 1.230
202303 1.355 146.865 1.414
202306 0.033 150.280 0.034
202309 1.062 151.492 1.074
202312 1.291 153.255 1.291

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.


WNS (Holdings)  (NYSE:WNS) 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.


WNS (Holdings) Cyclically Adjusted Price-to-FCF Related Terms

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


WNS (Holdings) (WNS (Holdings)) Business Description

Industry
Traded in Other Exchanges
Address
Gate No. 4, Godrej & Boyce Complex, Plant No. 10/11, Pirojshanagar, Vikhroli (West), Mumbai, MH, IND, 400 079
WNS (Holdings) Ltd is a Global provider of business process management (BPM) services, offering comprehensive data, voice, analytical and business transformation services with a blended onshore, nearshore and offshore delivery model. The company has two reportable segments namely WNS Global BPM and WNS Auto Claims BPM. It generates maximum revenue from WNS Global BPM segment. Geographically, it derives a majority of revenue from the USA and also has a presence in the UK, Australia, Europe, South Africa and Rest of the world.