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Wajax (WJXFF) Cyclically Adjusted Price-to-FCF : 16.73 (As of Apr. 29, 2024)


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What is Wajax Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Wajax's current share price is $23.0819. Wajax's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.38. Wajax's Cyclically Adjusted Price-to-FCF for today is 16.73.

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

WJXFF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.78   Med: 10.07   Max: 18.92
Current: 18.92

During the past years, Wajax's highest Cyclically Adjusted Price-to-FCF was 18.92. The lowest was 4.78. And the median was 10.07.

WJXFF's Cyclically Adjusted Price-to-FCF is ranked better than
53.75% of 80 companies
in the Industrial Distribution industry
Industry Median: 26.265 vs WJXFF: 18.92

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.

Wajax's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.397. 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 $1.38 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wajax Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Wajax'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.

Wajax Cyclically Adjusted Price-to-FCF Chart

Wajax 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 12.88 15.05 14.70 8.38 16.73

Wajax 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 8.38 10.73 11.31 15.11 16.73

Competitive Comparison of Wajax's Cyclically Adjusted Price-to-FCF

For the Industrial Distribution subindustry, Wajax'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.


Wajax's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Distribution Industry

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

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



Wajax 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=23.0819/1.38
=16.73

* 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.

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

For example, Wajax'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)
=1.397/125.4675*125.4675
=1.397

Current CPI (Dec. 2023) = 125.4675.

Wajax Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.125 98.604 -0.159
201406 0.562 99.473 0.709
201409 0.213 99.394 0.269
201412 1.783 98.367 2.274
201503 -1.894 99.789 -2.381
201506 0.631 100.500 0.788
201509 0.196 100.421 0.245
201512 0.902 99.947 1.132
201603 -0.131 101.054 -0.163
201606 0.493 102.002 0.606
201609 0.655 101.765 0.808
201612 1.008 101.449 1.247
201703 -0.016 102.634 -0.020
201706 0.117 103.029 0.142
201709 -0.236 103.345 -0.287
201712 0.216 103.345 0.262
201803 -0.440 105.004 -0.526
201806 -0.482 105.557 -0.573
201809 -0.456 105.636 -0.542
201812 0.838 105.399 0.998
201903 -1.464 106.979 -1.717
201906 0.655 107.690 0.763
201909 -0.448 107.611 -0.522
201912 0.491 107.769 0.572
202003 -0.330 107.927 -0.384
202006 1.494 108.401 1.729
202009 1.216 108.164 1.411
202012 1.635 108.559 1.890
202103 2.776 110.298 3.158
202106 1.304 111.720 1.464
202109 1.358 112.905 1.509
202112 1.197 113.774 1.320
202203 0.620 117.646 0.661
202206 1.117 120.806 1.160
202209 -0.192 120.648 -0.200
202212 0.464 120.964 0.481
202303 -2.377 122.702 -2.431
202306 -0.285 124.203 -0.288
202309 -2.219 125.230 -2.223
202312 1.397 125.468 1.397

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.


Wajax  (OTCPK:WJXFF) 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.


Wajax Cyclically Adjusted Price-to-FCF Related Terms

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


Wajax (WJXFF) Business Description

Traded in Other Exchanges
Address
2250 Argentia Road, Mississauga, ON, CAN, L5N 6A5
Wajax Corp operates an integrated distribution system, providing sales, parts and services to a broad range of customers in diversified sectors of the Canadian economy, including: construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government and utilities, and oil and gas.

Wajax (WJXFF) Headlines