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West Fraser Timber Co.Ltd (West Fraser Timber Co.Ltd) Cyclically Adjusted Price-to-FCF : 11.19 (As of Jun. 14, 2024)


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What is West Fraser Timber Co.Ltd Cyclically Adjusted Price-to-FCF?

As of today (2024-06-14), West Fraser Timber Co.Ltd's current share price is $79.90. West Fraser Timber Co.Ltd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $7.14. West Fraser Timber Co.Ltd's Cyclically Adjusted Price-to-FCF for today is 11.19.

The historical rank and industry rank for West Fraser Timber Co.Ltd's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

WFG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.44   Med: 29.6   Max: 97.35
Current: 11.24

During the past years, West Fraser Timber Co.Ltd's highest Cyclically Adjusted Price-to-FCF was 97.35. The lowest was 9.44. And the median was 29.60.

WFG's Cyclically Adjusted Price-to-FCF is ranked better than
70.54% of 129 companies
in the Forest Products industry
Industry Median: 17.23 vs WFG: 11.24

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.

West Fraser Timber Co.Ltd's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-1.996. 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 $7.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


West Fraser Timber Co.Ltd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for West Fraser Timber Co.Ltd'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.

West Fraser Timber Co.Ltd Cyclically Adjusted Price-to-FCF Chart

West Fraser Timber Co.Ltd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.29 25.59 17.90 10.43 11.76

West Fraser Timber Co.Ltd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.60 12.36 10.25 11.76 12.11

Competitive Comparison of West Fraser Timber Co.Ltd's Cyclically Adjusted Price-to-FCF

For the Lumber & Wood Production subindustry, West Fraser Timber Co.Ltd'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.


West Fraser Timber Co.Ltd's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, West Fraser Timber Co.Ltd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where West Fraser Timber Co.Ltd's Cyclically Adjusted Price-to-FCF falls into.



West Fraser Timber Co.Ltd 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.

West Fraser Timber Co.Ltd's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=79.90/7.14
=11.19

* 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.

West Fraser Timber Co.Ltd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, West Fraser Timber Co.Ltd'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)
=-1.996/126.2576*126.2576
=-1.996

Current CPI (Mar. 2024) = 126.2576.

West Fraser Timber Co.Ltd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.242 99.473 1.576
201409 1.360 99.394 1.728
201412 -0.532 98.367 -0.683
201503 -0.214 99.789 -0.271
201506 1.376 100.500 1.729
201509 0.337 100.421 0.424
201512 -0.728 99.947 -0.920
201603 -0.666 101.054 -0.832
201606 2.120 102.002 2.624
201609 1.643 101.765 2.038
201612 0.785 101.449 0.977
201703 -0.854 102.634 -1.051
201706 2.998 103.029 3.674
201709 2.092 103.345 2.556
201712 1.385 103.345 1.692
201803 -1.586 105.004 -1.907
201806 4.782 105.557 5.720
201809 3.013 105.636 3.601
201812 -1.112 105.399 -1.332
201903 -3.604 106.979 -4.253
201906 1.158 107.690 1.358
201909 -0.187 107.611 -0.219
201912 -0.559 107.769 -0.655
202003 -1.977 107.927 -2.313
202006 4.000 108.401 4.659
202009 6.060 108.164 7.074
202012 3.349 108.559 3.895
202103 4.181 110.298 4.786
202106 15.002 111.720 16.954
202109 7.369 112.905 8.240
202112 -1.042 113.774 -1.156
202203 4.451 117.646 4.777
202206 9.767 120.806 10.208
202209 3.313 120.648 3.467
202212 -0.024 120.964 -0.025
202303 -3.541 122.702 -3.644
202306 1.987 124.203 2.020
202309 2.864 125.230 2.887
202312 -0.742 125.072 -0.749
202403 -1.996 126.258 -1.996

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.


West Fraser Timber Co.Ltd  (NYSE:WFG) 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.


West Fraser Timber Co.Ltd Cyclically Adjusted Price-to-FCF Related Terms

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


West Fraser Timber Co.Ltd (West Fraser Timber Co.Ltd) Business Description

Traded in Other Exchanges
Address
c/o West Fraser Group, 858 Beatty Street, Vancouver, BC, CAN, V6B 1C1
West Fraser Timber is a softwood lumber company that also produces wood panels and pulp products. The company produces its wood products globally, with lumber mills in British Columbia, Alberta, Europe, and the southeastern United States. Following its acquisition of Norbord in 2021, West Fraser is now one of the largest oriented strand board, or OSB, producers in the world.

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