TWC Enterprises (TSX:TWC) Cyclically Adjusted FCF per Share: C$1.26 (As of Mar. 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.

TSX:TWC TWC Enterprises Ltd TSX:TWC
81 GF Score
Price C$27.00
GF Value C$20.34
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is TWC Enterprises Cyclically Adjusted FCF per Share?

TWC Enterprises TSX:TWC -1.82% 81 Cyclically Adjusted FCF per Share is C$1.26 as of Mar. 2026. GuruFocus rates TSX:TWC with a GF Score™ of 81/100 and a GF Value™ of C$20.34 (Significantly Overvalued). The stock has 8 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.

TWC Enterprises's adjusted free cash flow per share for the three months ended in Mar. 2026 was C$1.938. 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 C$1.26 for the trailing ten years ended in Mar. 2026.

During the past 12 months, TWC Enterprises's average Cyclically Adjusted FCF Growth Rate was 9.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 5.60% 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 TWC Enterprises was 14.50% per year. The lowest was -4.80% per year. And the median was 8.80% per year.

As of today (2026-07-17), TWC Enterprises's current stock price is C$27.00. TWC Enterprises's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was C$1.26. TWC Enterprises's Cyclically Adjusted Price-to-FCF of today is 21.43.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of TWC Enterprises was 39.71. The lowest was 12.58. And the median was 19.89.


TWC Enterprises  (TSX:TWC) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=27.00/1.26
=21.43

* 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 TWC Enterprises was 39.71. The lowest was 12.58. And the median was 19.89.


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.


TWC Enterprises Cyclically Adjusted FCF per Share Related Terms


TWC Enterprises Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for TWC Enterprises'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.

TWC Enterprises Cyclically Adjusted FCF per Share Chart

TWC Enterprises 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 0.83 0.83 0.87 1.07 1.09

TWC Enterprises Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.15 1.15 1.06 1.09 1.26

TSX:TWC vs AS, HAS, LTH: Cyclically Adjusted FCF per Share Comparison

For the Leisure subindustry, TWC Enterprises'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.


TWC Enterprises Cyclically Adjusted Price-to-FCF vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TWC Enterprises's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


TSX:TWC
81GF Score
TWC Enterprises Ltd TSX:TWC
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TWC Enterprises 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, TWC Enterprises's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.938/132.2623*132.2623
=1.938

Current CPI (Mar. 2026) = 132.2623.

TWC Enterprises Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.030 102.002 -0.039
201609 0.585 101.765 0.760
201612 -0.270 101.449 -0.352
201703 0.536 102.634 0.691
201706 -0.184 103.029 -0.236
201709 0.722 103.345 0.924
201712 -0.493 103.345 -0.631
201803 0.625 105.004 0.787
201806 -0.155 105.557 -0.194
201809 -1.809 105.636 -2.265
201812 -0.250 105.399 -0.314
201903 0.963 106.979 1.191
201906 0.885 107.690 1.087
201909 0.097 107.611 0.119
201912 -0.471 107.769 -0.578
202003 0.912 107.927 1.118
202006 -0.266 108.401 -0.325
202009 0.336 108.164 0.411
202012 -0.117 108.559 -0.143
202103 1.460 110.298 1.751
202106 -0.022 111.720 -0.026
202109 -0.016 112.905 -0.019
202112 1.380 113.774 1.604
202203 1.640 117.646 1.844
202206 -0.306 120.806 -0.335
202209 -0.549 120.648 -0.602
202212 -0.829 120.964 -0.906
202303 0.958 122.702 1.033
202306 -0.241 124.203 -0.257
202309 -0.452 125.230 -0.477
202312 0.660 125.072 0.698
202403 2.467 126.258 2.584
202406 -0.310 127.522 -0.322
202409 0.115 127.285 0.119
202412 0.286 127.364 0.297
202503 1.658 129.181 1.698
202506 -0.147 129.892 -0.150
202509 -0.056 130.287 -0.057
202512 0.133 130.366 0.135
202603 1.938 132.262 1.938

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 C$1.26 mean?
TWC Enterprises (TSX:TWC) has a Cyclically Adjusted FCF per Share of C$1.26 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on TWC Enterprises and its competitors.
Is TWC Enterprises' Cyclically Adjusted FCF per Share too high?
TWC Enterprises' current Cyclically Adjusted FCF per Share is C$1.26. Overall, TWC Enterprises has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TWC Enterprises' Cyclically Adjusted FCF per Share compare to AS and HAS?
TWC Enterprises' Cyclically Adjusted FCF per Share of C$1.26 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Cyclically Adjusted FCF per Share depends on the Travel & Leisure 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 TWC Enterprises and its competitors. TWC Enterprises's current Cyclically Adjusted FCF per Share is C$1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TWC Enterprises stock overvalued right now?
Based on GuruFocus' analysis, TWC Enterprises (TSX:TWC) is currently considered Significantly Overvalued. The stock's GF Value™ is C$20.34, compared to a current price of C$27.00 — trading 32.7% above its estimated fair value. The current Cyclically Adjusted FCF per Share is C$1.26. TWC Enterprises' overall GF Score™ is 81/100 with 8 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 TWC Enterprises (TSX:TWC), the current Cyclically Adjusted FCF per Share is C$1.26 as of Mar. 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 TWC Enterprises (TSX:TWC) Overvalued in 2026?

Based on GuruFocus' analysis, TWC Enterprises stock appears to be overvalued. The current stock price of C$27.00 is trading 32.7% above its estimated GF Value™ of C$20.34. GuruFocus considers TWC Enterprises to be Significantly Overvalued.

Key valuation signals for TSX:TWC:

  • Cyclically Adjusted FCF per Share: C$1.26
  • GF Value™: C$20.34 vs. price of C$27.00 (32.7% above fair value)
  • GF Score™: 81/100 with 8 warning signs

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


TWC Enterprises Business Description

Other Exchanges CLKXF:USA
Address 15675 Dufferin Street, King City, ON, CAN, L7B 1K5
TWC Enterprises Ltd is a leisure services provider in Canada. Its core business is Golf club operations under the brand name ClubLink One Membership More Golf. The company's geographical segment includes Canadian golf club operations and United States golf club operations. It generates maximum revenue from the Canadian golf club operation segment.
81GF Score

Get the complete analysis for TSX:TWC

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

C$27.00
Price
C$20.34
GF Value