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Taylor Wimpey (LSE:TW.) Cyclically Adjusted Price-to-FCF : 10.33 (As of Apr. 28, 2024)


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What is Taylor Wimpey Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Taylor Wimpey's current share price is £1.343. Taylor Wimpey's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was £0.13. Taylor Wimpey's Cyclically Adjusted Price-to-FCF for today is 10.33.

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

LSE:TW.' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.37   Med: 17.77   Max: 68.67
Current: 10.48

During the past 13 years, Taylor Wimpey's highest Cyclically Adjusted Price-to-FCF was 68.67. The lowest was 8.37. And the median was 17.77.

LSE:TW.'s Cyclically Adjusted Price-to-FCF is ranked better than
72.92% of 48 companies
in the Homebuilding & Construction industry
Industry Median: 16.085 vs LSE:TW.: 10.48

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.

Taylor Wimpey's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was £0.035. 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 £0.13 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taylor Wimpey Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Taylor Wimpey'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.

Taylor Wimpey Cyclically Adjusted Price-to-FCF Chart

Taylor Wimpey 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 19.83 19.17 16.90 8.21 11.48

Taylor Wimpey Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 16.90 - 8.21 - 11.48

Competitive Comparison of Taylor Wimpey's Cyclically Adjusted Price-to-FCF

For the Residential Construction subindustry, Taylor Wimpey'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.


Taylor Wimpey's Cyclically Adjusted Price-to-FCF Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Taylor Wimpey's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Taylor Wimpey 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.

Taylor Wimpey's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.343/0.13
=10.33

* 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.

Taylor Wimpey's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Taylor Wimpey's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.035/130.0000*130.0000
=0.035

Current CPI (Dec23) = 130.0000.

Taylor Wimpey Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.056 99.900 0.073
201512 0.122 100.400 0.158
201612 0.162 102.200 0.206
201712 0.182 105.000 0.225
201812 0.195 107.100 0.237
201912 0.152 108.500 0.182
202012 -0.089 109.400 -0.106
202112 0.117 114.700 0.133
202212 0.133 125.300 0.138
202312 0.035 130.000 0.035

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.


Taylor Wimpey  (LSE:TW.) 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.


Taylor Wimpey Cyclically Adjusted Price-to-FCF Related Terms

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


Taylor Wimpey (LSE:TW.) Business Description

Traded in Other Exchanges
Address
Turnpike Road, Gate House, High Wycombe, Buckinghamshire, GBR, HP12 3NR
Taylor Wimpey is the U.K.'s second-largest residential property developer by revenue—or third-largest as judged by dwelling completions—and was established via the merger of George Wimpey and Taylor Woodrow in 2007. Taylor Wimpey is vertically integrated through the land development, construction, and sales and marketing segments of the residential property development value chain, aligning with the typical business model employed by U.K. homebuilders. The company also has a nascent homebuilding operation in Spain.

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