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Western Resources (FRA:WR0) Cyclically Adjusted Price-to-FCF : (As of Jun. 11, 2024)


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What is Western Resources Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Western Resources Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Western Resources'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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Western Resources Cyclically Adjusted Price-to-FCF Chart

Western Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
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Western Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Western Resources's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Western Resources'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.


Western Resources's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Western Resources's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Western Resources 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.

Western Resources's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Western Resources's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.011/126.2576*126.2576
=-0.011

Current CPI (Mar. 2024) = 126.2576.

Western Resources Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.030 99.473 -0.038
201409 -0.024 99.394 -0.030
201412 -0.023 98.367 -0.030
201503 -0.025 99.789 -0.032
201506 -0.019 100.500 -0.024
201509 -0.050 100.421 -0.063
201512 -0.032 99.947 -0.040
201603 -0.022 101.054 -0.027
201606 -0.022 102.002 -0.027
201609 -0.026 101.765 -0.032
201612 -0.007 101.449 -0.009
201703 -0.010 102.634 -0.012
201706 -0.008 103.029 -0.010
201709 -0.001 103.345 -0.001
201712 -0.004 103.345 -0.005
201803 -0.003 105.004 -0.004
201806 -0.011 105.557 -0.013
201809 -0.016 105.636 -0.019
201812 -0.044 105.399 -0.053
201903 -0.034 106.979 -0.040
201906 -0.048 107.690 -0.056
201909 -0.071 107.611 -0.083
201912 -0.109 107.769 -0.128
202003 -0.017 107.927 -0.020
202006 -0.016 108.401 -0.019
202009 -0.022 108.164 -0.026
202012 -0.009 108.559 -0.010
202103 -0.010 110.298 -0.011
202106 -0.022 111.720 -0.025
202109 -0.014 112.905 -0.016
202112 -0.011 113.774 -0.012
202203 -0.022 117.646 -0.024
202206 -0.102 120.806 -0.107
202209 0.106 120.648 0.111
202212 -0.033 120.964 -0.034
202303 -0.021 122.702 -0.022
202306 -0.012 124.203 -0.012
202309 -0.043 125.230 -0.043
202312 -0.015 125.072 -0.015
202403 -0.011 126.258 -0.011

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.


Western Resources  (FRA:WR0) 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.


Western Resources Cyclically Adjusted Price-to-FCF Related Terms

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Western Resources (FRA:WR0) Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Suite 2500, Vancouver, BC, CAN, V6C 2X8
Western Resources Corp is a resource company focused on the development of its potash project in Canada owned by its wholly owned subsidiary, Western Potash Corp, located in Southern Saskatchewan. Its objectives are to complete Phase I of the Milestone Project to prove a new mining technology, which will then be applied to Phases 2 and 3 to develop potash deposits in an environmentally friendly model. The company's two reportable operating segments are the acquisition, exploration, and development of mineral properties and the investment in real estate projects in Canada.

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