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Waystream Holding AB (OSTO:WAYS) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is Waystream Holding AB Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Waystream Holding AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Waystream Holding AB'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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Waystream Holding AB Cyclically Adjusted Price-to-FCF Chart

Waystream Holding AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Waystream Holding AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Waystream Holding AB's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Waystream Holding AB'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.


Waystream Holding AB's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Waystream Holding AB 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.

Waystream Holding AB's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Waystream Holding AB's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-3.617/131.9118*131.9118
=-3.617

Current CPI (Dec23) = 131.9118.

Waystream Holding AB Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.857 100.225 -1.128
201512 -1.612 100.276 -2.121
201612 -2.312 102.022 -2.989
201712 0.316 103.793 0.402
201812 -0.238 105.912 -0.296
201912 0.400 107.766 0.490
202012 0.900 108.296 1.096
202112 2.184 112.486 2.561
202212 0.121 126.365 0.126
202312 -3.617 131.912 -3.617

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.


Waystream Holding AB  (OSTO:WAYS) 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.


Waystream Holding AB Cyclically Adjusted Price-to-FCF Related Terms

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Waystream Holding AB (OSTO:WAYS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Farogatan 33, Kista, SWE, SE-164 51
Waystream Holding AB is involved in developing and selling broadband equipment in Sweden. Its products include IP/MPLS Edge Router and BNG, L2 Gigabit Ethernet, L3 Gigabit Ethernet Switch, L2/L3 aggregation switch, and Optical accessories.