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Wojas (WAR:WOJ) Cyclically Adjusted FCF per Share : zł1.34 (As of Dec. 2023)


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What is Wojas 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.

Wojas's adjusted free cash flow per share for the three months ended in Dec. 2023 was zł3.831. 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 zł1.34 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Wojas's average Cyclically Adjusted FCF Growth Rate was 52.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 59.50% 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 Wojas was 100.00% per year. The lowest was 59.50% per year. And the median was 79.75% per year.

As of today (2024-05-25), Wojas's current stock price is zł8.18. Wojas's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was zł1.34. Wojas's Cyclically Adjusted Price-to-FCF of today is 6.10.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Wojas was 48.00. The lowest was 5.57. And the median was 9.31.


Wojas Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Wojas'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.

Wojas Cyclically Adjusted FCF per Share Chart

Wojas 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 0.11 0.33 0.60 0.88 1.34

Wojas Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 0.69 0.88 0.89 0.95 1.34

Competitive Comparison of Wojas's Cyclically Adjusted FCF per Share

For the Footwear & Accessories subindustry, Wojas'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.


Wojas's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wojas's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Wojas 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, Wojas's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.831/147.7411*147.7411
=3.831

Current CPI (Dec. 2023) = 147.7411.

Wojas Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.271 101.018 0.396
201403 0.004 101.262 0.006
201406 -0.311 101.180 -0.454
201409 0.086 100.611 0.126
201412 0.643 100.122 0.949
201503 -0.186 100.041 -0.275
201506 -0.067 100.448 -0.099
201509 0.014 99.634 0.021
201512 0.156 99.471 0.232
201603 -0.060 98.983 -0.090
201606 0.056 99.552 0.083
201609 0.056 99.064 0.084
201612 0.489 100.366 0.720
201703 -0.322 101.018 -0.471
201706 0.074 101.180 0.108
201709 0.191 101.343 0.278
201712 0.183 102.564 0.264
201803 -0.987 102.564 -1.422
201806 -0.143 103.378 -0.204
201809 -0.161 103.378 -0.230
201812 1.007 103.785 1.433
201903 -0.064 104.274 -0.091
201906 0.403 105.983 0.562
201909 0.559 105.983 0.779
201912 1.498 107.123 2.066
202003 0.218 109.076 0.295
202006 0.725 109.402 0.979
202009 -0.618 109.320 -0.835
202012 0.370 109.565 0.499
202103 -1.150 112.658 -1.508
202106 0.354 113.960 0.459
202109 0.276 115.588 0.353
202112 2.552 119.088 3.166
202203 -1.052 125.031 -1.243
202206 0.536 131.705 0.601
202209 -0.123 135.531 -0.134
202212 2.037 139.113 2.163
202303 -0.547 145.950 -0.554
202309 0.536 146.113 0.542
202312 3.831 147.741 3.831

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


Wojas  (WAR:WOJ) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.18/1.34
=6.10

* 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 Wojas was 48.00. The lowest was 5.57. And the median was 9.31.


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.


Wojas Cyclically Adjusted FCF per Share Related Terms

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


Wojas (WAR:WOJ) Business Description

Traded in Other Exchanges
N/A
Address
ul. Ludzmierska 29, Nowy Targ, POL, 34-400
Wojas SA is engaged in designing, manufacturing, and marketing of leather shoes for kid, women, and men. The company produces footwear for men women, official men's footwear and special purpose footwear under different brands.

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