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Expeditors International of Washington (BSP:E1XP34) Cyclically Adjusted FCF per Share : R$11.17 (As of Dec. 2023)


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What is Expeditors International of Washington Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Expeditors International of Washington's adjusted free cash flow per share for the three months ended in Dec. 2023 was R$2.479. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is R$11.17 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Expeditors International of Washington's average Cyclically Adjusted FCF Growth Rate was 13.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 23.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 19.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 13.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Expeditors International of Washington was 49.40% per year. The lowest was 8.40% per year. And the median was 20.30% per year.

As of today (2024-04-27), Expeditors International of Washington's current stock price is R$301.00. Expeditors International of Washington's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was R$11.17. Expeditors International of Washington's Cyclically Adjusted Price-to-FCF of today is 26.95.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Expeditors International of Washington was 45.58. The lowest was 21.49. And the median was 30.17.


Expeditors International of Washington Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Expeditors International of Washington's Cyclically Adjusted FCF per Share 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.

Expeditors International of Washington Cyclically Adjusted FCF per Share Chart

Expeditors International of Washington Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 6.37 8.44 12.52 11.17

Expeditors International of Washington Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 12.52 11.57 10.93 12.27 11.17

Competitive Comparison of Expeditors International of Washington's Cyclically Adjusted FCF per Share

For the Integrated Freight & Logistics subindustry, Expeditors International of Washington'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.


Expeditors International of Washington's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Expeditors International of Washington's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Expeditors International of Washington's Cyclically Adjusted Price-to-FCF falls into.



Expeditors International of Washington Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Expeditors International of Washington'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)
=2.479/129.4194*129.4194
=2.479

Current CPI (Dec. 2023) = 129.4194.

Expeditors International of Washington Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.951 99.695 1.235
201406 0.046 100.560 0.059
201409 0.470 100.428 0.606
201412 0.538 99.070 0.703
201503 1.018 99.621 1.323
201506 1.369 100.684 1.760
201509 1.267 100.392 1.633
201512 1.095 99.792 1.420
201603 2.242 100.470 2.888
201606 0.859 101.688 1.093
201609 0.918 101.861 1.166
201612 0.490 101.863 0.623
201703 1.571 102.862 1.977
201706 0.551 103.349 0.690
201709 0.439 104.136 0.546
201712 0.902 104.011 1.122
201803 2.026 105.290 2.490
201806 1.440 106.317 1.753
201809 0.870 106.507 1.057
201812 1.017 105.998 1.242
201903 3.066 107.251 3.700
201906 1.577 108.070 1.889
201909 1.733 108.329 2.070
201912 1.845 108.420 2.202
202003 2.264 108.902 2.691
202006 2.522 108.767 3.001
202009 2.410 109.815 2.840
202012 1.968 109.897 2.318
202103 5.706 111.754 6.608
202106 0.348 114.631 0.393
202109 2.577 115.734 2.882
202112 4.872 117.630 5.360
202203 5.875 121.301 6.268
202206 7.891 125.017 8.169
202209 10.511 125.227 10.863
202212 7.749 125.222 8.009
202303 8.983 127.348 9.129
202306 2.369 128.729 2.382
202309 3.036 129.860 3.026
202312 2.479 129.419 2.479

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Expeditors International of Washington  (BSP:E1XP34) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Expeditors International of Washington's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=301.00/11.17
=26.95

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Expeditors International of Washington was 45.58. The lowest was 21.49. And the median was 30.17.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Expeditors International of Washington Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Expeditors International of Washington's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Expeditors International of Washington (BSP:E1XP34) Business Description

Traded in Other Exchanges
Address
1015 Third Avenue, Seattle, WA, USA, 98104
Expeditors International of Washington is a non-asset-based third-party logistics provider, mainly focused on international freight forwarding. Its offers freight consolidation and forwarding, customs brokerage, warehousing and distribution, purchase order management, vendor consolidation, and numerous other value-added logistics services. It employs sophisticated IT systems and contracts with airlines and ocean carriers to move customers' freight across the globe. The firm operates more than 200 full-service office locations worldwide, in addition to numerous satellite locations. In 2022, Expeditors derived 34% of consolidated net revenue from airfreight, 30% from ocean freight, and 36% from customs brokerage and other services.

Expeditors International of Washington (BSP:E1XP34) Headlines

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