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Wacker Neuson SE (WBO:WAC) Cyclically Adjusted FCF per Share : €0.64 (As of Dec. 2023)


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What is Wacker Neuson SE 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.

Wacker Neuson SE's adjusted free cash flow per share for the three months ended in Dec. 2023 was €0.210. 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 €0.64 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Wacker Neuson SE's average Cyclically Adjusted FCF Growth Rate was -15.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 42.80% 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 Wacker Neuson SE was 42.80% per year. The lowest was 42.80% per year. And the median was 42.80% per year.

As of today (2024-04-28), Wacker Neuson SE's current stock price is €16.88. Wacker Neuson SE's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.64. Wacker Neuson SE's Cyclically Adjusted Price-to-FCF of today is 26.38.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Wacker Neuson SE was 1124.00. The lowest was 18.49. And the median was 28.34.


Wacker Neuson SE Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Wacker Neuson SE'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.

Wacker Neuson SE Cyclically Adjusted FCF per Share Chart

Wacker Neuson SE 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 -0.32 0.22 0.72 0.76 0.64

Wacker Neuson SE 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 0.76 0.79 0.74 0.66 0.64

Competitive Comparison of Wacker Neuson SE's Cyclically Adjusted FCF per Share

For the Farm & Heavy Construction Machinery subindustry, Wacker Neuson SE'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.


Wacker Neuson SE's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wacker Neuson SE's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Wacker Neuson SE 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, Wacker Neuson SE'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)
=0.21/123.6675*123.6675
=0.210

Current CPI (Dec. 2023) = 123.6675.

Wacker Neuson SE Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.128 99.543 -0.159
201406 0.132 99.543 0.164
201409 0.038 99.823 0.047
201412 0.193 99.543 0.240
201503 -0.652 99.717 -0.809
201506 0.033 100.417 0.041
201509 0.186 100.417 0.229
201512 0.610 99.717 0.757
201603 -0.523 100.017 -0.647
201606 0.127 100.717 0.156
201609 0.479 101.017 0.586
201612 0.349 101.217 0.426
201703 -0.411 101.417 -0.501
201706 0.358 102.117 0.434
201709 0.735 102.717 0.885
201712 0.626 102.617 0.754
201803 -0.757 102.917 -0.910
201806 -0.143 104.017 -0.170
201809 -0.117 104.718 -0.138
201812 -0.254 104.217 -0.301
201903 -1.927 104.217 -2.287
201906 -0.614 105.718 -0.718
201909 -0.238 106.018 -0.278
201912 1.191 105.818 1.392
202003 0.059 105.718 0.069
202006 1.206 106.618 1.399
202009 1.245 105.818 1.455
202012 2.280 105.518 2.672
202103 0.116 107.518 0.133
202106 1.617 108.486 1.843
202109 0.730 109.435 0.825
202112 1.137 110.384 1.274
202203 -1.038 113.968 -1.126
202206 -0.526 115.760 -0.562
202209 -0.406 118.818 -0.423
202212 0.356 119.345 0.369
202303 -0.610 122.402 -0.616
202306 -0.194 123.140 -0.195
202309 -0.145 124.195 -0.144
202312 0.210 123.668 0.210

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


Wacker Neuson SE  (WBO:WAC) 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.

Wacker Neuson SE's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=16.88/0.64
=26.38

* 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 Wacker Neuson SE was 1124.00. The lowest was 18.49. And the median was 28.34.


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.


Wacker Neuson SE Cyclically Adjusted FCF per Share Related Terms

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


Wacker Neuson SE (WBO:WAC) Business Description

Traded in Other Exchanges
Address
Preussenstrasse 41, Munich, DEU, 80809
Wacker Neuson SE manufactures light and heavy equipment for construction, landscaping, agriculture, recycling, energy, and rail industries. Excavators, dumpers, loaders, concrete technology, generators, and saws make up just a portion of the company's product portfolio. Besides, the company offers attachments and accessories for products to help deliver optimal solutions. Wacker Neuson has three business segments: Compact Equipment (approximately half of the total revenue), Light Equipment, and Services. The company offers a range of services, spare parts, and rental equipment through sales and service stations strategically placed around the world. Europe generates the majority of total revenue, but the company also sells to customers in the Americas and Asia-Pacific.

Wacker Neuson SE (WBO:WAC) Headlines

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