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Vestas Wind Systems A/S (WBO:VWSB) Cyclically Adjusted Price-to-FCF : 52.40 (As of Apr. 28, 2024)


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What is Vestas Wind Systems A/S Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Vestas Wind Systems A/S's current share price is €24.63. Vestas Wind Systems A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.47. Vestas Wind Systems A/S's Cyclically Adjusted Price-to-FCF for today is 52.40.

The historical rank and industry rank for Vestas Wind Systems A/S's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

WBO:VWSB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 28.2   Med: 47.81   Max: 72.9
Current: 52.46

During the past years, Vestas Wind Systems A/S's highest Cyclically Adjusted Price-to-FCF was 72.90. The lowest was 28.20. And the median was 47.81.

WBO:VWSB's Cyclically Adjusted Price-to-FCF is ranked worse than
66.93% of 1016 companies
in the Industrial Products industry
Industry Median: 32.505 vs WBO:VWSB: 52.46

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.

Vestas Wind Systems A/S's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €1.684. 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 €0.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vestas Wind Systems A/S Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Vestas Wind Systems A/S'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.

Vestas Wind Systems A/S Cyclically Adjusted Price-to-FCF Chart

Vestas Wind Systems A/S 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 36.56 67.33 46.09 47.78 61.24

Vestas Wind Systems A/S 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 47.78 57.03 56.92 51.01 61.24

Competitive Comparison of Vestas Wind Systems A/S's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Vestas Wind Systems A/S'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.


Vestas Wind Systems A/S's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vestas Wind Systems A/S's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Vestas Wind Systems A/S's Cyclically Adjusted Price-to-FCF falls into.



Vestas Wind Systems A/S 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.

Vestas Wind Systems A/S's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=24.63/0.47
=52.40

* 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.

Vestas Wind Systems A/S's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Vestas Wind Systems A/S'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)
=1.684/116.7000*116.7000
=1.684

Current CPI (Dec. 2023) = 116.7000.

Vestas Wind Systems A/S Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.023 99.600 -0.027
201406 -0.021 99.700 -0.025
201409 0.094 99.700 0.110
201412 0.705 99.400 0.828
201503 0.132 100.200 0.154
201506 0.164 100.300 0.191
201509 0.141 100.200 0.164
201512 0.558 99.800 0.652
201603 -0.195 100.200 -0.227
201606 0.293 100.600 0.340
201609 0.140 100.200 0.163
201612 1.317 100.300 1.532
201703 -0.082 101.200 -0.095
201706 -0.148 101.200 -0.171
201709 0.175 101.800 0.201
201712 1.142 101.300 1.316
201803 -0.575 101.700 -0.660
201806 -0.180 102.300 -0.205
201809 -0.217 102.400 -0.247
201812 1.423 102.100 1.626
201903 -0.909 102.900 -1.031
201906 -0.081 102.900 -0.092
201909 0.178 102.900 0.202
201912 0.849 102.900 0.963
202003 -0.940 103.300 -1.062
202006 -0.151 103.200 -0.171
202009 0.559 103.500 0.630
202012 0.516 103.400 0.582
202103 -0.939 104.300 -1.051
202106 0.145 105.000 0.161
202109 0.285 105.800 0.314
202112 0.555 106.600 0.608
202203 -1.112 109.900 -1.181
202206 -0.370 113.600 -0.380
202209 -0.820 116.400 -0.822
202212 1.253 115.900 1.262
202303 -1.133 117.300 -1.127
202306 -0.147 116.400 -0.147
202309 -0.267 117.400 -0.265
202312 1.684 116.700 1.684

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.


Vestas Wind Systems A/S  (WBO:VWSB) 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.


Vestas Wind Systems A/S Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Vestas Wind Systems A/S's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Vestas Wind Systems A/S (WBO:VWSB) Business Description

Address
Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.

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