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Western Digital (MEX:WDC) Cyclically Adjusted Price-to-FCF : 16.15 (As of Jan. 18, 2025)


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

As of today (2025-01-18), Western Digital's current share price is MXN1363.00. Western Digital's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was MXN84.42. Western Digital's Cyclically Adjusted Price-to-FCF for today is 16.15.

The historical rank and industry rank for Western Digital's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MEX:WDC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.1   Med: 8.39   Max: 22.04
Current: 15.5

During the past years, Western Digital's highest Cyclically Adjusted Price-to-FCF was 22.04. The lowest was 4.10. And the median was 8.39.

MEX:WDC's Cyclically Adjusted Price-to-FCF is ranked better than
74% of 873 companies
in the Hardware industry
Industry Median: 30.42 vs MEX:WDC: 15.50

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.

Western Digital's adjusted free cash flow per share data for the three months ended in Sep. 2024 was MXN-3.420. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is MXN84.42 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Western Digital Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Western Digital'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.

* Premium members only.

Western Digital Cyclically Adjusted Price-to-FCF Chart

Western Digital Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.05 9.52 6.24 6.49 16.60

Western Digital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted Price-to-FCF 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 8.50 10.52 14.33 16.60 16.27

Competitive Comparison of Western Digital's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, Western Digital'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 Digital's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Western Digital's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Western Digital 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 Digital's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1363.00/84.42
=16.15

* 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.

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

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

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-3.42/133.0289*133.0289
=-3.420

Current CPI (Sep. 2024) = 133.0289.

Western Digital Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 6.012 99.070 8.073
201503 34.495 99.621 46.063
201506 22.261 100.684 29.412
201509 28.452 100.392 37.702
201512 32.994 99.792 43.983
201603 25.895 100.470 34.287
201606 14.183 101.688 18.554
201609 17.368 101.861 22.682
201612 64.095 101.863 83.706
201703 55.102 102.862 71.262
201706 49.210 103.349 63.342
201709 57.706 104.136 73.717
201712 61.440 104.011 78.581
201803 47.189 105.290 59.621
201806 38.779 106.317 48.522
201809 26.865 106.507 33.555
201812 16.656 105.998 20.904
201903 -1.196 107.251 -1.483
201906 0.977 108.070 1.203
201909 7.203 108.329 8.845
201912 6.139 108.420 7.532
202003 1.161 108.902 1.418
202006 -3.331 108.767 -4.074
202009 1.896 109.815 2.297
202012 12.052 109.897 14.589
202103 -8.359 111.754 -9.950
202106 42.619 114.631 49.459
202109 17.959 115.734 20.643
202112 23.445 117.630 26.514
202203 6.742 121.301 7.394
202206 0.955 125.017 1.016
202209 -19.800 125.227 -21.034
202212 -13.672 125.222 -14.524
202303 -28.535 127.348 -29.808
202306 -10.081 128.729 -10.418
202309 -40.446 129.860 -41.433
202312 -12.639 129.419 -12.992
202403 -1.932 131.776 -1.950
202406 13.795 132.554 13.844
202409 -3.420 133.029 -3.420

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 Digital  (MEX:WDC) 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 Digital Cyclically Adjusted Price-to-FCF Related Terms

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


Western Digital Business Description

Industry
Address
5601 Great Oaks Parkway, San Jose, CA, USA, 95119
Western Digital is a leading vertically integrated supplier of data storage solutions, spanning both hard disk drives and solid-state drives. In the HDD market it forms a practical duopoly with Seagate, and it is the largest global producer of NAND flash chips for SSDs in a joint venture with competitor Kioxia.