Wabash National (STU:WA9) Cyclically Adjusted FCF per Share: €1.45 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:WA9 Wabash National Corp STU:WA9
68 GF Score
Price €10.30
GF Value €11.47
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Wabash National Cyclically Adjusted FCF per Share?

Wabash National STU:WA9 +3.52% 68 Cyclically Adjusted FCF per Share is €1.45 as of Jun. 2026. GuruFocus rates STU:WA9 with a GF Score™ of 68/100 and a GF Value™ of €11.47 (Modestly Undervalued). The stock has 7 warning signs investors should review.

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 Jun. 2026 was €0.065. 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 €1.45 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Wabash National's average Cyclically Adjusted FCF Growth Rate was -14.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 10.50% 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 8.90% per year.

As of today (2026-08-24), Wabash National's current stock price is €10.30. Wabash National's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was €1.45. Wabash National's Cyclically Adjusted Price-to-FCF of today is 7.10.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Wabash National was 28.13. The lowest was 3.75. And the median was 11.67.


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
=10.30/1.45
=7.10

* 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 3.75. And the median was 11.67.


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


Wabash National Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

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.

Wabash National Cyclically Adjusted FCF per Share Chart

Wabash National Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.55 1.80 1.94 1.55

Wabash National Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.65 1.72 1.55 1.46 1.45

STU:WA9 vs TWI, MTW, HY: Cyclically Adjusted FCF per Share Comparison

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 Cyclically Adjusted Price-to-FCF vs 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.


STU:WA9
68GF Score
Wabash National Corp STU:WA9
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.065/333.9520*333.9520
=0.065

Current CPI (Jun. 2026) = 333.9520.

Wabash National Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.307 241.428 0.425
201612 1.005 241.432 1.390
201703 0.916 243.801 1.255
201706 0.032 244.955 0.044
201709 -0.252 246.819 -0.341
201712 0.995 246.524 1.348
201803 -0.241 249.554 -0.323
201806 0.685 251.989 0.908
201809 0.104 252.439 0.138
201812 0.660 251.233 0.877
201903 0.428 254.202 0.562
201906 0.302 256.143 0.394
201909 0.132 256.759 0.172
201912 0.900 256.974 1.170
202003 -0.278 258.115 -0.360
202006 0.471 257.797 0.610
202009 1.299 260.280 1.667
202012 0.165 260.474 0.212
202103 -0.421 264.877 -0.531
202106 0.039 271.696 0.048
202109 -1.181 274.310 -1.438
202112 0.656 278.802 0.786
202203 -0.813 287.504 -0.944
202206 2.002 296.311 2.256
202209 -0.623 296.808 -0.701
202212 0.693 296.797 0.780
202303 0.723 301.836 0.800
202306 1.001 305.109 1.096
202309 0.569 307.789 0.617
202312 1.987 306.746 2.163
202403 -0.728 312.332 -0.778
202406 -0.125 314.175 -0.133
202409 0.580 315.301 0.614
202412 1.312 315.605 1.388
202503 -0.193 319.799 -0.202
202506 -0.458 322.561 -0.474
202509 1.654 324.800 1.701
202512 -1.292 324.054 -1.331
202603 -0.787 330.213 -0.796
202606 0.065 333.952 0.065

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

What does a Cyclically Adjusted FCF per Share of €1.45 mean?
Wabash National (STU:WA9) has a Cyclically Adjusted FCF per Share of €1.45 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Wabash National and its competitors.
Is Wabash National's Cyclically Adjusted FCF per Share too high?
Wabash National's current Cyclically Adjusted FCF per Share is €1.45. Overall, Wabash National has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wabash National's Cyclically Adjusted FCF per Share compare to TWI and MTW?
Wabash National's Cyclically Adjusted FCF per Share of €1.45 can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Farm & Heavy Construction Machinery company?
A good Cyclically Adjusted FCF per Share depends on the Farm & Heavy Construction Machinery industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Wabash National and its competitors. Wabash National's current Cyclically Adjusted FCF per Share is €1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wabash National stock overvalued right now?
Based on GuruFocus' analysis, Wabash National (STU:WA9) is currently considered Modestly Undervalued. The stock's GF Value™ is €11.47, compared to a current price of €10.30 — trading 10.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €1.45. Wabash National's overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Wabash National (STU:WA9), the current Cyclically Adjusted FCF per Share is €1.45 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Wabash National (STU:WA9) Overvalued in 2026?

Based on GuruFocus' analysis, Wabash National stock appears to be undervalued. The current stock price of €10.30 is trading 10.2% below its estimated GF Value™ of €11.47. GuruFocus considers Wabash National to be Modestly Undervalued.

Key valuation signals for STU:WA9:

  • Cyclically Adjusted FCF per Share: €1.45
  • GF Value™: €11.47 vs. price of €10.30 (10.2% below fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the STU:WA9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wabash National Business Description

Other Exchanges WNC:USA0LSO:UK
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 manages its business in two operating and reportable segments: Transportation Solutions and Parts & Services. It designs and manufactures 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.
68GF Score

Get the complete analysis for STU:WA9

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€10.30
Price
€11.47
GF Value