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WashTec AG (LTS:0GJK) Cyclically Adjusted Price-to-FCF : 14.82 (As of Apr. 28, 2024)


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What is WashTec AG Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), WashTec AG's current share price is €37.20. WashTec AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €2.51. WashTec AG's Cyclically Adjusted Price-to-FCF for today is 14.82.

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

LTS:0GJK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.35   Med: 25.97   Max: 55.07
Current: 15.36

During the past years, WashTec AG's highest Cyclically Adjusted Price-to-FCF was 55.07. The lowest was 12.35. And the median was 25.97.

LTS:0GJK's Cyclically Adjusted Price-to-FCF is ranked better than
80.51% of 1016 companies
in the Industrial Products industry
Industry Median: 32.505 vs LTS:0GJK: 15.36

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.

WashTec AG's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €1.527. 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 €2.51 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


WashTec AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for WashTec AG'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.

WashTec AG Cyclically Adjusted Price-to-FCF Chart

WashTec AG 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 31.59 24.67 25.16 15.40 12.67

WashTec AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 15.40 18.28 15.70 13.80 12.67

Competitive Comparison of WashTec AG's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, WashTec AG'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.


WashTec AG's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, WashTec AG's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



WashTec AG 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.

WashTec AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=37.20/2.51
=14.82

* 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.

WashTec AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, WashTec AG'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)
=1.527/123.6675*123.6675
=1.527

Current CPI (Dec. 2023) = 123.6675.

WashTec AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.318 99.543 0.395
201406 0.057 99.543 0.071
201409 0.616 99.823 0.763
201412 0.796 99.543 0.989
201503 0.000 99.717 0.000
201506 0.733 100.417 0.903
201509 0.247 100.417 0.304
201512 0.902 99.717 1.119
201603 0.567 100.017 0.701
201606 0.039 100.717 0.048
201609 0.459 101.017 0.562
201612 0.439 101.217 0.536
201703 0.801 101.417 0.977
201706 -0.645 102.117 -0.781
201709 0.624 102.717 0.751
201712 1.256 102.617 1.514
201803 -0.225 102.917 -0.270
201806 -0.115 104.017 -0.137
201809 0.307 104.718 0.363
201812 2.184 104.217 2.592
201903 -0.738 104.217 -0.876
201906 -0.467 105.718 -0.546
201909 1.108 106.018 1.292
201912 1.151 105.818 1.345
202003 0.103 105.718 0.120
202006 0.902 106.618 1.046
202009 0.820 105.818 0.958
202012 1.284 105.518 1.505
202103 0.419 107.518 0.482
202106 0.903 108.486 1.029
202109 0.514 109.435 0.581
202112 1.258 110.384 1.409
202203 -0.283 113.968 -0.307
202206 0.082 115.760 0.088
202209 0.730 118.818 0.760
202212 0.609 119.345 0.631
202303 0.135 122.402 0.136
202306 0.342 123.140 0.343
202309 1.515 124.195 1.509
202312 1.527 123.668 1.527

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.


WashTec AG  (LTS:0GJK) 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.


WashTec AG Cyclically Adjusted Price-to-FCF Related Terms

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


WashTec AG (LTS:0GJK) Business Description

Industry
Traded in Other Exchanges
Address
Argonstrasse 7, Augsburg, DEU, 86153
WashTec AG is a German holding company, which through its subsidiary provides industrial products. The core activity is that of developing car wash products and equipment and is performed by WashTec Cleaning Technology GmbH, which is one of its subsidiaries. The key products of WashTec are manufactured which include portal washing systems, water recovery, washing lines, and consumables such as washing chemicals, wash brushes, moreover spare parts.

WashTec AG (LTS:0GJK) Headlines

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