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Westshore Terminals Investment (TSX:WTE) Cyclically Adjusted FCF per Share : C$1.89 (As of Dec. 2023)


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What is Westshore Terminals Investment 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.

Westshore Terminals Investment's adjusted free cash flow per share for the three months ended in Dec. 2023 was C$0.369. 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 C$1.89 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Westshore Terminals Investment's average Cyclically Adjusted FCF Growth Rate was -1.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 3.30% 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 Westshore Terminals Investment was 8.10% per year. The lowest was -1.10% per year. And the median was 5.60% per year.

As of today (2024-04-28), Westshore Terminals Investment's current stock price is C$26.16. Westshore Terminals Investment's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$1.89. Westshore Terminals Investment's Cyclically Adjusted Price-to-FCF of today is 13.84.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Westshore Terminals Investment was 28.16. The lowest was 6.97. And the median was 15.75.


Westshore Terminals Investment Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Westshore Terminals Investment'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.

Westshore Terminals Investment Cyclically Adjusted FCF per Share Chart

Westshore Terminals Investment 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 1.51 1.60 1.73 1.91 1.89

Westshore Terminals Investment 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 1.91 1.92 1.95 1.94 1.89

Competitive Comparison of Westshore Terminals Investment's Cyclically Adjusted FCF per Share

For the Marine Shipping subindustry, Westshore Terminals Investment'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.


Westshore Terminals Investment's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Westshore Terminals Investment's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Westshore Terminals Investment 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, Westshore Terminals Investment'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)
=0.369/125.4675*125.4675
=0.369

Current CPI (Dec. 2023) = 125.4675.

Westshore Terminals Investment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.022 98.604 -0.028
201406 0.554 99.473 0.699
201409 0.639 99.394 0.807
201412 0.475 98.367 0.606
201503 0.068 99.789 0.085
201506 0.182 100.500 0.227
201509 0.511 100.421 0.638
201512 0.868 99.947 1.090
201603 -0.264 101.054 -0.328
201606 0.371 102.002 0.456
201609 0.422 101.765 0.520
201612 0.080 101.449 0.099
201703 0.142 102.634 0.174
201706 0.547 103.029 0.666
201709 0.442 103.345 0.537
201712 0.019 103.345 0.023
201803 0.213 105.004 0.255
201806 0.449 105.557 0.534
201809 0.549 105.636 0.652
201812 0.467 105.399 0.556
201903 0.087 106.979 0.102
201906 0.574 107.690 0.669
201909 0.680 107.611 0.793
201912 0.794 107.769 0.924
202003 0.391 107.927 0.455
202006 0.779 108.401 0.902
202009 0.546 108.164 0.633
202012 0.756 108.559 0.874
202103 0.255 110.298 0.290
202106 0.552 111.720 0.620
202109 0.432 112.905 0.480
202112 0.791 113.774 0.872
202203 0.209 117.646 0.223
202206 0.403 120.806 0.419
202209 0.438 120.648 0.455
202212 0.361 120.964 0.374
202303 0.042 122.702 0.043
202306 0.528 124.203 0.533
202309 0.628 125.230 0.629
202312 0.369 125.468 0.369

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


Westshore Terminals Investment  (TSX:WTE) 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.

Westshore Terminals Investment's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=26.16/1.89
=13.84

* 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 Westshore Terminals Investment was 28.16. The lowest was 6.97. And the median was 15.75.


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.


Westshore Terminals Investment Cyclically Adjusted FCF per Share Related Terms

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


Westshore Terminals Investment (TSX:WTE) Business Description

Traded in Other Exchanges
Address
1067 West Cordova Street, Suite 1800, Vancouver, BC, CAN, V6C 1C7
Westshore Terminals Investment Corporation is a Canada-based company, which owns the Westshore Terminals Limited Partnership. The company operates a coal storage and loading terminal at Roberts Bank, British Columbia, and revenue is derived from rates charged for loading coal onto seagoing vessels. The company services coal from mines in British Columbia, Alberta, and the northwestern United States. The coal is delivered to the terminal in unit trains and then unloaded and transferred onto a ship. It is then shipped to multiple countries across the world, with the majority headed to Japan, Korea and China.

Westshore Terminals Investment (TSX:WTE) Headlines

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