GURUFOCUS.COM » STOCK LIST » Technology » Software » CDW Corp (MEX:CDW) » Definitions » Cyclically Adjusted FCF per Share

CDW (MEX:CDW) Cyclically Adjusted FCF per Share : MXN149.78 (As of Mar. 2025)


View and export this data going back to 2020. Start your Free Trial

What is CDW 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.

CDW's adjusted free cash flow per share for the three months ended in Mar. 2025 was MXN39.890. 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 MXN149.78 for the trailing ten years ended in Mar. 2025.

During the past 12 months, CDW's average Cyclically Adjusted FCF Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 13.30% 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 CDW was 21.80% per year. The lowest was -4.50% per year. And the median was 11.35% per year.

As of today (2025-05-21), CDW's current stock price is MXN3400.00. CDW's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN149.78. CDW's Cyclically Adjusted Price-to-FCF of today is 22.70.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CDW was 51.97. The lowest was 15.78. And the median was 34.29.


CDW Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CDW'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.

CDW Cyclically Adjusted FCF per Share Chart

CDW Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.87 81.48 113.78 86.64 146.57

CDW Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 79.87 93.97 132.14 146.57 149.78

Competitive Comparison of CDW's Cyclically Adjusted FCF per Share

For the Information Technology Services subindustry, CDW'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.


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

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

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


;
;

CDW 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, CDW's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=39.89/134.9266*134.9266
=39.890

Current CPI (Mar. 2025) = 134.9266.

CDW Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -8.332 100.684 -11.166
201509 17.274 100.392 23.216
201512 -6.422 99.792 -8.683
201603 42.480 100.470 57.048
201606 -14.355 101.688 -19.047
201609 19.992 101.861 26.482
201612 10.428 101.863 13.813
201703 40.515 102.862 53.144
201706 -1.239 103.349 -1.618
201709 4.775 104.136 6.187
201712 40.000 104.011 51.889
201803 24.212 105.290 31.027
201806 11.797 106.317 14.972
201809 30.449 106.507 38.574
201812 34.971 105.998 44.515
201903 30.293 107.251 38.110
201906 17.823 108.070 22.252
201909 31.745 108.329 39.539
201912 23.620 108.420 29.395
202003 31.976 108.902 39.618
202006 34.903 108.767 43.297
202009 28.834 109.815 35.428
202012 75.606 109.897 92.826
202103 46.267 111.754 55.860
202106 -2.458 114.631 -2.893
202109 38.956 115.734 45.416
202112 16.986 117.630 19.484
202203 49.450 121.301 55.005
202206 52.648 125.017 56.821
202209 43.913 125.227 47.315
202212 30.004 125.222 32.329
202303 43.809 127.348 46.416
202306 23.757 128.729 24.901
202309 54.500 129.860 56.627
202312 62.780 129.419 65.451
202403 50.094 131.776 51.292
202406 16.077 132.554 16.365
202409 45.029 133.029 45.671
202412 49.181 133.157 49.835
202503 39.890 134.927 39.890

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


CDW  (MEX:CDW) 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.

CDW's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3400.00/149.78
=22.70

* 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 CDW was 51.97. The lowest was 15.78. And the median was 34.29.


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.


CDW Cyclically Adjusted FCF per Share Related Terms

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


CDW Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » CDW Corp (MEX:CDW) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
200 North Milwaukee Avenue, Vernon Hills, IL, USA, 60061
CDW Corp is a multi-brand provider of information technology ("IT") solutions to small, medium, and large business, government, education, and healthcare customers in the United States, the United Kingdom, and Canada. The company's broad array of offerings ranges from discrete hardware and software products to integrated IT solutions and services that include on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. The company has five operating segments namely, Corporate, Small Business, Public, CDW UK, and CDW Canada. The Corporate segment generates the majority of its revenue and serves USA private sector business customers.