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World Kinect (World Kinect) Cyclically Adjusted FCF per Share : $2.06 (As of Mar. 2024)


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What is World Kinect 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.

World Kinect's adjusted free cash flow per share for the three months ended in Mar. 2024 was $1.537. 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 $2.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, World Kinect'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 13.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 48.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 6.70% 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 World Kinect was 106.30% per year. The lowest was -39.20% per year. And the median was 14.10% per year.

As of today (2024-05-15), World Kinect's current stock price is $25.37. World Kinect's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.06. World Kinect's Cyclically Adjusted Price-to-FCF of today is 12.32.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of World Kinect was 224.75. The lowest was 8.56. And the median was 25.30.


World Kinect Cyclically Adjusted FCF per Share Historical Data

The historical data trend for World Kinect'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.

World Kinect Cyclically Adjusted FCF per Share Chart

World Kinect 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 0.43 1.40 2.00 2.02 2.05

World Kinect Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.08 2.07 2.12 2.05 2.06

Competitive Comparison of World Kinect's Cyclically Adjusted FCF per Share

For the Oil & Gas Refining & Marketing subindustry, World Kinect'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.


World Kinect's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, World Kinect's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



World Kinect 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, World Kinect's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.537/129.4194*129.4194
=1.537

Current CPI (Mar. 2024) = 129.4194.

World Kinect Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.010 100.560 -0.013
201409 0.140 100.428 0.180
201412 -0.015 99.070 -0.020
201503 1.314 99.621 1.707
201506 0.872 100.684 1.121
201509 1.890 100.392 2.436
201512 1.543 99.792 2.001
201603 1.779 100.470 2.292
201606 0.760 101.688 0.967
201609 0.197 101.861 0.250
201612 -2.544 101.863 -3.232
201703 0.782 102.862 0.984
201706 -1.255 103.349 -1.572
201709 -2.886 104.136 -3.587
201712 0.612 104.011 0.762
201803 -3.596 105.290 -4.420
201806 -0.196 106.317 -0.239
201809 -1.524 106.507 -1.852
201812 1.571 105.998 1.918
201903 -0.163 107.251 -0.197
201906 1.634 108.070 1.957
201909 0.163 108.329 0.195
201912 0.587 108.420 0.701
202003 -0.121 108.902 -0.144
202006 3.477 108.767 4.137
202009 3.662 109.815 4.316
202012 1.691 109.897 1.991
202103 1.594 111.754 1.846
202106 0.392 114.631 0.443
202109 1.084 115.734 1.212
202112 -0.978 117.630 -1.076
202203 -1.392 121.301 -1.485
202206 0.349 125.017 0.361
202209 3.852 125.227 3.981
202212 -1.814 125.222 -1.875
202303 1.978 127.348 2.010
202306 0.253 128.729 0.254
202309 0.975 129.860 0.972
202312 -0.251 129.419 -0.251
202403 1.537 129.419 1.537

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


World Kinect  (NYSE:WKC) 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.

World Kinect's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=25.37/2.06
=12.32

* 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 World Kinect was 224.75. The lowest was 8.56. And the median was 25.30.


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.


World Kinect Cyclically Adjusted FCF per Share Related Terms

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


World Kinect (World Kinect) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » World Kinect Corp (NYSE:WKC) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
9800 Northwest 41st Street, Miami, FL, USA, 33178
World Kinect Corp is a global energy management company involved in providing supply fulfillment, energy procurement advisory services, and transaction and payment management solutions to commercial and industrial customers worldwide. It sells and delivers liquid fuels, natural gas, electricity, renewable energy, and other sustainability solutions.
Executives
Jill Smart director C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Ken Bakshi director 63 STONEBRIDGE ROAD, MONTCLAIR NJ 07042
Michael Crosby officer: EVP, Global Land 9800 N.W. 41ST STREET, MIAMI FL 33178
Jose-miguel Tejada officer: SVP, Chief Accounting Officer C/O WORLD FUEL SERVICES CORPORATION, 9800 NW 41ST STREET, MIAMI FL 33178
John L Manley director 15211 MEDICI WAY, NAPLES FL 34110
John Peter Rau officer: EVP, Global Aviation & Marine 9800 N.W. 41ST STREET, MIAMI FL 33178
Robert Alexander Lake officer: EVP, Chf. Legal Officer, CoSec C/O WORLD FUEL SERVICES CORPORATION, 9800 N.W. 41ST STREET, MIAMI FL 33178
Jorge L. Benitez director 5201 BLUE LAGOON DRIVE, SUITE 250, MIAMI FL 33126
Paul H Stebbins director, officer: Chairman and CEO C/O WORLD FUEL SERVICES CORP, 9800 N.W. 41ST STREET, SUITE 400, MIAMI FL 33178
Sharda Cherwoo director 160 WEST 66TH STREET, APT. 45F, NEW YORK NY 10023
Michael J Kasbar director, officer: President & COO C/ O WORLD FUEL SERVICES CORP, 9800 N.W. 41ST STREET, SUITE 400, MIAMI FL 33178
Richard A Kassar director C/O WORLD FUEL SERVICES CORP., 9800 N.W. 41ST STREET, SUITE 400, MIAMI FL 33178
J Thomas Presby director 198 KEELER ROAD, BRIDGEWATER CT 06752
Stephen K Roddenberry director C/O AKERMAN LLP, 98 SOUTHEAST SEVENTH STREET, MIAMI FL 33131
Jeffrey Paul Smith officer: EVP and COO C/O WORLD FUEL SERVICES CORPORATION, 9800 N.W. 41ST STREET, MIAMI FL 33178