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Workhorse Group (HAM:1WO0) Cyclically Adjusted Price-to-FCF : (As of Sep. 22, 2024)


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What is Workhorse Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Workhorse Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Workhorse Group's Cyclically Adjusted Price-to-FCF 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.

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Workhorse Group Cyclically Adjusted Price-to-FCF Chart

Workhorse Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Workhorse Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Workhorse Group's Cyclically Adjusted Price-to-FCF

For the Auto Manufacturers subindustry, Workhorse Group'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.


Workhorse Group's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Workhorse Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Workhorse Group Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Workhorse Group's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Workhorse Group's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.632/132.5538*132.5538
=-0.632

Current CPI (Jun. 2024) = 132.5538.

Workhorse Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -1.018 100.428 -1.344
201412 -2.524 99.070 -3.377
201503 -1.838 99.621 -2.446
201506 -1.506 100.684 -1.983
201509 -1.521 100.392 -2.008
201512 -3.447 99.792 -4.579
201603 -2.849 100.470 -3.759
201606 -5.094 101.688 -6.640
201609 -3.580 101.861 -4.659
201612 -4.177 101.863 -5.436
201703 -7.417 102.862 -9.558
201706 -3.400 103.349 -4.361
201709 -3.996 104.136 -5.086
201712 -3.734 104.011 -4.759
201803 -1.846 105.290 -2.324
201806 -1.210 106.317 -1.509
201809 -3.616 106.507 -4.500
201812 -1.237 105.998 -1.547
201903 -1.848 107.251 -2.284
201906 -1.766 108.070 -2.166
201909 -3.383 108.329 -4.139
201912 -3.416 108.420 -4.176
202003 -1.791 108.902 -2.180
202006 -2.482 108.767 -3.025
202009 -3.250 109.815 -3.923
202012 -4.053 109.897 -4.889
202103 -4.736 111.754 -5.617
202106 -6.507 114.631 -7.524
202109 -3.854 115.734 -4.414
202112 -2.932 117.630 -3.304
202203 -4.104 121.301 -4.485
202206 -3.185 125.017 -3.377
202209 -1.837 125.227 -1.944
202212 -4.128 125.222 -4.370
202303 -4.264 127.348 -4.438
202306 -3.790 128.729 -3.903
202309 -3.108 129.860 -3.172
202312 -2.091 129.419 -2.142
202403 -1.276 131.776 -1.284
202406 -0.632 132.554 -0.632

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


Workhorse Group  (HAM:1WO0) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Workhorse Group Cyclically Adjusted Price-to-FCF Related Terms

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Workhorse Group Business Description

Traded in Other Exchanges
Address
3600 Park 42 Drive, Suite 160E, Sharonville, OH, USA, 45241
Workhorse Group Inc is a technology company. It designs, develops, manufactures, and sells high-performance, medium-duty trucks with powertrain components under the Workhorse chassis brand. The company's products include trucks comprising powertrain and chassis. Its powertrain products include E-GEN and E-100. E-GEN is an electric drive, transmission-free system, which has a gasoline/propane or compressed natural gas (CNG) engine that functions as an auxiliary generator. E-100, an all-electric, medium-duty truck, is an electric power train. The company generates key revenue from the Automotive Revenue which consists of sales of any of its E-GEN or E-100 platforms.

Workhorse Group Headlines

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