GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Waste Connections Inc (FRA:UI51) » Definitions » Cyclically Adjusted Price-to-FCF

Waste Connections (FRA:UI51) Cyclically Adjusted Price-to-FCF : 47.87 (As of Apr. 28, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Waste Connections Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Waste Connections's current share price is €153.65. Waste Connections's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.21. Waste Connections's Cyclically Adjusted Price-to-FCF for today is 47.87.

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

FRA:UI51' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 24.52   Med: 42.79   Max: 53.72
Current: 47.07

During the past years, Waste Connections's highest Cyclically Adjusted Price-to-FCF was 53.72. The lowest was 24.52. And the median was 42.79.

FRA:UI51's Cyclically Adjusted Price-to-FCF is ranked worse than
79.25% of 53 companies
in the Waste Management industry
Industry Median: 21.59 vs FRA:UI51: 47.07

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.

Waste Connections's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.140. 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 €3.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Waste Connections Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Waste Connections'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.

Waste Connections Cyclically Adjusted Price-to-FCF Chart

Waste Connections Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.36 44.41 52.05 43.68 43.60

Waste Connections 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 44.62 44.07 40.14 43.60 49.52

Competitive Comparison of Waste Connections's Cyclically Adjusted Price-to-FCF

For the Waste Management subindustry, Waste Connections'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.


Waste Connections's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Waste Connections's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Waste Connections 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=153.65/3.21
=47.87

* 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.

Waste Connections's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Waste Connections'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)
=1.14/125.4675*125.4675
=1.140

Current CPI (Mar. 2024) = 125.4675.

Waste Connections Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.340 99.473 0.429
201409 0.289 99.394 0.365
201412 0.166 98.367 0.212
201503 0.599 99.789 0.753
201506 0.459 100.500 0.573
201509 0.375 100.421 0.469
201512 0.216 99.947 0.271
201603 0.524 101.054 0.651
201606 0.166 102.002 0.204
201609 0.630 101.765 0.777
201612 0.419 101.449 0.518
201703 0.695 102.634 0.850
201706 0.516 103.029 0.628
201709 0.704 103.345 0.855
201712 0.437 103.345 0.531
201803 0.662 105.004 0.791
201806 0.800 105.557 0.951
201809 0.652 105.636 0.774
201812 0.667 105.399 0.794
201903 0.835 106.979 0.979
201906 0.836 107.690 0.974
201909 0.758 107.611 0.884
201912 0.524 107.769 0.610
202003 0.794 107.927 0.923
202006 0.798 108.401 0.924
202009 0.741 108.164 0.860
202012 0.143 108.559 0.165
202103 0.969 110.298 1.102
202106 0.868 111.720 0.975
202109 0.695 112.905 0.772
202112 0.554 113.774 0.611
202203 1.010 117.646 1.077
202206 1.151 120.806 1.195
202209 1.095 120.648 1.139
202212 0.834 120.964 0.865
202303 0.965 122.702 0.987
202306 1.273 124.203 1.286
202309 1.207 125.230 1.209
202312 0.843 125.468 0.843
202403 1.140 125.468 1.140

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.


Waste Connections  (FRA:UI51) 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.


Waste Connections Cyclically Adjusted Price-to-FCF Related Terms

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


Waste Connections (FRA:UI51) Business Description

Traded in Other Exchanges
Address
6220 Highway 7, Suite 600, Woodbridge, Vaughan, ON, CAN, L4H 4G3
Waste Connections is the third-largest integrated provider of traditional solid waste and recycling services in the North America, operating 100 active landfills (9 are exploration and production waste landfills and 16 are nonmunicipal waste landfills), 157 transfer stations, and 79 recycling operations. The firm serves residential, commercial, industrial, and energy end markets. Waste Connections entered the Canadian market with its 2016 merger with Progressive Waste. In 2022, 13% of consolidated revenue was generated from the firm's Canadian segment.

Waste Connections (FRA:UI51) Headlines

No Headlines