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WD-40 Co (STU:WD1) Cyclically Adjusted FCF per Share : €4.05 (As of Feb. 2024)


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What is WD-40 Co 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.

WD-40 Co's adjusted free cash flow per share for the three months ended in Feb. 2024 was €1.138. 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 €4.05 for the trailing ten years ended in Feb. 2024.

During the past 12 months, WD-40 Co's average Cyclically Adjusted FCF Growth Rate was 17.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.10% 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 WD-40 Co was 8.70% per year. The lowest was -1.60% per year. And the median was 5.10% per year.

As of today (2024-05-26), WD-40 Co's current stock price is €212.00. WD-40 Co's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was €4.05. WD-40 Co's Cyclically Adjusted Price-to-FCF of today is 52.35.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of WD-40 Co was 98.89. The lowest was 23.89. And the median was 47.16.


WD-40 Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for WD-40 Co'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.

WD-40 Co Cyclically Adjusted FCF per Share Chart

WD-40 Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.90 2.69 3.10 3.74 3.82

WD-40 Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3.54 3.70 3.82 3.88 4.05

Competitive Comparison of WD-40 Co's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, WD-40 Co'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.


WD-40 Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, WD-40 Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where WD-40 Co's Cyclically Adjusted Price-to-FCF falls into.



WD-40 Co 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, WD-40 Co's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1.138/130.9299*130.9299
=1.138

Current CPI (Feb. 2024) = 130.9299.

WD-40 Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 0.327 100.373 0.427
201408 0.783 100.352 1.022
201411 0.425 99.635 0.558
201502 0.171 99.032 0.226
201505 1.261 100.333 1.646
201508 1.113 100.548 1.449
201511 0.915 100.135 1.196
201602 -0.380 100.040 -0.497
201605 2.016 101.355 2.604
201608 1.256 101.617 1.618
201611 0.262 101.829 0.337
201702 -0.036 102.779 -0.046
201705 1.025 103.256 1.300
201708 0.965 103.587 1.220
201711 0.693 104.072 0.872
201802 0.020 105.052 0.025
201805 1.153 106.148 1.422
201808 1.343 106.383 1.653
201811 0.489 106.338 0.602
201902 0.286 106.649 0.351
201905 0.993 108.048 1.203
201908 1.437 108.245 1.738
201911 0.608 108.519 0.734
202002 0.230 109.139 0.276
202005 0.713 108.175 0.863
202008 1.852 109.662 2.211
202011 1.241 109.793 1.480
202102 0.891 110.968 1.051
202105 1.095 113.576 1.262
202108 1.018 115.421 1.155
202111 -0.215 117.269 -0.240
202202 0.232 119.703 0.254
202205 0.022 123.323 0.023
202208 -0.451 124.958 -0.473
202211 0.647 125.607 0.674
202302 0.576 126.928 0.594
202305 2.271 128.314 2.317
202308 2.736 129.538 2.765
202311 1.777 129.548 1.796
202402 1.138 130.930 1.138

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


WD-40 Co  (STU:WD1) 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.

WD-40 Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=212.00/4.05
=52.35

* 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 WD-40 Co was 98.89. The lowest was 23.89. And the median was 47.16.


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.


WD-40 Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of WD-40 Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


WD-40 Co (STU:WD1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » WD-40 Co (STU:WD1) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
9715 Businesspark Avenue, San Diego, CA, USA, 92131
WD-40 Co manufactures and sells lubricants and cleaning products. The firm's product categories include maintenance and cleaning products. Maintenance products include the WD-40 signature brand aerosol spray lubricant as well as degreasers, rust removers, and bicycle maintenance products. Cleaning products include toilet cleaners, carpet stain removers and deodorizers, and heavy-duty hand soaps used to clean grease. The company organizes itself into three segments based on geography: Americas, Europe/Middle East/Africa, and Asia-Pacific. Around half of the company's revenue comes from the Americas segment, which includes the United States, Canada, and Latin America.

WD-40 Co (STU:WD1) Headlines

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