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WaFd (WAFD) Cyclically Adjusted Price-to-FCF : 9.74 (As of Apr. 30, 2024)


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What is WaFd Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), WaFd's current share price is $27.09. WaFd's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.78. WaFd's Cyclically Adjusted Price-to-FCF for today is 9.74.

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

WAFD' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.99   Med: 14.1   Max: 20.52
Current: 9.91

During the past years, WaFd's highest Cyclically Adjusted Price-to-FCF was 20.52. The lowest was 8.99. And the median was 14.10.

WAFD's Cyclically Adjusted Price-to-FCF is ranked worse than
68.18% of 839 companies
in the Banks industry
Industry Median: 7.42 vs WAFD: 9.91

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.

WaFd's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.587. 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 $2.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


WaFd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for WaFd'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.

WaFd Cyclically Adjusted Price-to-FCF Chart

WaFd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.39 11.22 16.47 12.10 9.53

WaFd 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 11.74 10.25 9.53 11.84 -

Competitive Comparison of WaFd's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, WaFd'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.


WaFd's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, WaFd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



WaFd 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=27.09/2.78
=9.74

* 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.

WaFd's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, WaFd's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.587/129.4194*129.4194
=1.587

Current CPI (Dec. 2023) = 129.4194.

WaFd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.143 99.695 0.186
201406 0.022 100.560 0.028
201409 0.629 100.428 0.811
201412 0.165 99.070 0.216
201503 0.267 99.621 0.347
201506 0.064 100.684 0.082
201509 0.513 100.392 0.661
201512 0.544 99.792 0.706
201603 0.547 100.470 0.705
201606 0.360 101.688 0.458
201609 0.506 101.861 0.643
201612 0.442 101.863 0.562
201703 0.439 102.862 0.552
201706 0.377 103.349 0.472
201709 0.585 104.136 0.727
201712 0.593 104.011 0.738
201803 0.650 105.290 0.799
201806 0.122 106.317 0.149
201809 0.551 106.507 0.670
201812 0.510 105.998 0.623
201903 0.505 107.251 0.609
201906 0.691 108.070 0.828
201909 0.766 108.329 0.915
201912 0.874 108.420 1.043
202003 -0.371 108.902 -0.441
202006 0.646 108.767 0.769
202009 0.603 109.815 0.711
202012 1.132 109.897 1.333
202103 1.309 111.754 1.516
202106 0.562 114.631 0.635
202109 0.892 115.734 0.997
202112 0.368 117.630 0.405
202203 0.817 121.301 0.872
202206 1.303 125.017 1.349
202209 1.436 125.227 1.484
202212 0.976 125.222 1.009
202303 0.641 127.348 0.651
202306 0.214 128.729 0.215
202309 1.221 129.860 1.217
202312 1.587 129.419 1.587

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.


WaFd  (NAS:WAFD) 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.


WaFd Cyclically Adjusted Price-to-FCF Related Terms

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


WaFd (WAFD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » WaFd Inc (NAS:WAFD) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
425 Pike Street, Seattle, WA, USA, 98101
WaFd Inc is engaged in providing lending, depository, insurance and other banking services to consumers, mid-sized to large businesses, and owners and developers of commercial real estate. Geographically It operates in Washington, Oregon, Arizona, Texas, Utah. New Mexico, Nevada, Idaho and others. WaFd Inc provides, Personal Banking, Business Banking, Commercial Banking and Home Loans.
Executives
Randall H Talbot director 777 108TH AVENUE NE, SUITE 1200, BELLEVUE WA 98124-1690
David K Grant director
Blayne Sanden officer: SVP & PAO 425 PIKE STREET, SEATTLE WA 98101
Brent J Beardall officer: EVP & CFO 425 PIKE STREET, SEATTLE WA 98101
Kim E Robison officer: EVP & Chief Operations Officer 425 PIKE STREET, SEATTLE WA 98101
Cathy E Cooper officer: EVP & Chief Consumer Banker 425 PIKE STREET, SEATTLE WA 98101
Kelli Holz officer: EVP & CFO PO BOX 580, BELLINGHAM WA 98227
Vincent L Beatty officer: EVP & Chief Financial Officer 425 PIKE STREET, SEATTLE WA 98101
Shawn Bice director C/O SPLUNK INC., 270 BRANNAN STREET, SAN FRANCISCO CA 94107
Ryan Mauer officer: EVP & Chief Credit Officer 425 PIKE STREET, SEATTLE WA 98101
James Endrizzi officer: EVP & Chief Commercial Banker 425 PIKE STREET, SEATTLE WA 98101
Sean Singleton director 425 PIKE ST, SEATTLE WA 98101
Sylvia Hampel director 425 PIKE ST, SEATTLE WA 98101
Sudhir Steven Singh director 6222 185TH AVE, REDMOND WA 98052
Linda S Brower director