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Wabash National (STU:WA9) Cyclically Adjusted FCF per Share : €1.83 (As of Mar. 2024)


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What is Wabash National 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.

Wabash National's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.728. 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 €1.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wabash National's average Cyclically Adjusted FCF Growth Rate was 12.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.30% per year. During the past 10 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 Wabash National was 182.30% per year. The lowest was -16.20% per year. And the median was 9.75% per year.

As of today (2024-05-20), Wabash National's current stock price is €20.40. Wabash National's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.83. Wabash National's Cyclically Adjusted Price-to-FCF of today is 11.15.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Wabash National was 28.13. The lowest was 4.98. And the median was 13.61.


Wabash National Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Wabash National'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.

Wabash National Cyclically Adjusted FCF per Share Chart

Wabash National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.10 1.26 1.40 1.55 1.80

Wabash National Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.66 1.74 1.84 1.80 1.83

Competitive Comparison of Wabash National's Cyclically Adjusted FCF per Share

For the Farm & Heavy Construction Machinery subindustry, Wabash National'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.


Wabash National's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wabash National's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Wabash National 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, Wabash National's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.728/131.7762*131.7762
=-0.728

Current CPI (Mar. 2024) = 131.7762.

Wabash National Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.345 100.560 0.452
201409 0.198 100.428 0.260
201412 0.780 99.070 1.038
201503 0.016 99.621 0.021
201506 0.452 100.684 0.592
201509 0.721 100.392 0.946
201512 0.257 99.792 0.339
201603 0.541 100.470 0.710
201606 0.374 101.688 0.485
201609 0.307 101.861 0.397
201612 1.005 101.863 1.300
201703 0.916 102.862 1.173
201706 0.032 103.349 0.041
201709 -0.252 104.136 -0.319
201712 0.995 104.011 1.261
201803 -0.241 105.290 -0.302
201806 0.685 106.317 0.849
201809 0.104 106.507 0.129
201812 0.660 105.998 0.821
201903 0.428 107.251 0.526
201906 0.302 108.070 0.368
201909 0.132 108.329 0.161
201912 0.900 108.420 1.094
202003 -0.278 108.902 -0.336
202006 0.471 108.767 0.571
202009 1.299 109.815 1.559
202012 0.165 109.897 0.198
202103 -0.421 111.754 -0.496
202106 0.039 114.631 0.045
202109 -1.181 115.734 -1.345
202112 0.656 117.630 0.735
202203 -0.813 121.301 -0.883
202206 2.002 125.017 2.110
202209 -0.623 125.227 -0.656
202212 0.693 125.222 0.729
202303 0.723 127.348 0.748
202306 1.001 128.729 1.025
202309 0.569 129.860 0.577
202312 1.987 129.419 2.023
202403 -0.728 131.776 -0.728

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


Wabash National  (STU:WA9) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=20.40/1.83
=11.15

* 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 Wabash National was 28.13. The lowest was 4.98. And the median was 13.61.


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.


Wabash National Cyclically Adjusted FCF per Share Related Terms

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


Wabash National (STU:WA9) Business Description

Traded in Other Exchanges
Address
3900 McCarty Lane, Lafayette, IN, USA, 47905
Wabash National Corp operates as the innovation leader of connected solutions for the transportation, logistics and distribution industries. The company's mission is to enable customers to succeed with breakthrough ideas and solutions that help them move everything from the first to the final mile. It designs and manufactures a diverse range of products, including dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food-grade processing equipment.

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