GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » WD-40 Co (NAS:WDFC) » Definitions » Intrinsic Value: Projected FCF

WD-40 Co (WD-40 Co) Intrinsic Value: Projected FCF

: $55.55 (As of Today)
View and export this data going back to 1973. Start your Free Trial

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-16), WD-40 Co's Intrinsic Value: Projected FCF is $55.55. The stock price of WD-40 Co is $231.55. Therefore, WD-40 Co's Price-to-Intrinsic-Value-Projected-FCF of today is 4.2.

The historical rank and industry rank for WD-40 Co's Intrinsic Value: Projected FCF or its related term are showing as below:

WDFC' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.72   Med: 3.85   Max: 6.18
Current: 4.17

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of WD-40 Co was 6.18. The lowest was 1.72. And the median was 3.85.

WDFC's Price-to-Projected-FCF is ranked worse than
85% of 1073 companies
in the Chemicals industry
Industry Median: 1.2 vs WDFC: 4.17

WD-40 Co Intrinsic Value: Projected FCF Historical Data

The historical data trend for WD-40 Co's Intrinsic Value: Projected 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.

WD-40 Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Intrinsic Value: Projected FCF
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.13 46.29 52.18 44.80 53.20

WD-40 Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Intrinsic Value: Projected FCF 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 Premium Member Only Premium Member Only Premium Member Only 43.94 49.35 53.20 55.45 55.55

Competitive Comparison

For the Specialty Chemicals subindustry, WD-40 Co's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


WD-40 Co Price-to-Projected-FCF Distribution

For the Chemicals industry and Basic Materials sector, WD-40 Co's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where WD-40 Co's Price-to-Projected-FCF falls into.



WD-40 Co Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get WD-40 Co's Free Cash Flow(6 year avg) = $54.74.

WD-40 Co's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Feb24)*0.8)/Shares Outstanding (Diluted Average)
=(10.623553629896*54.73568+216.278*0.8)/13.583
=55.55

* 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.


WD-40 Co  (NAS:WDFC) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

WD-40 Co's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=231.55/55.548099237932
=4.17

* 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.


WD-40 Co Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of WD-40 Co's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


WD-40 Co (WD-40 Co) Business Description

Industry
Traded in Other Exchanges
Address
9715 Businesspark Avenue, San Diego, CA, USA, 92131
WD-40 Co manufactures and sells lubricants and cleaning products. The firm's product categories include maintenance and cleaning products. Maintenance products include the WD-40 signature brand aerosol spray lubricant as well as degreasers, rust removers, and bicycle maintenance products. Cleaning products include toilet cleaners, carpet stain removers and deodorizers, and heavy-duty hand soaps used to clean grease. The company organizes itself into three segments based on geography: Americas, Europe/Middle East/Africa, and Asia-Pacific. Around half of the company's revenue comes from the Americas segment, which includes the United States, Canada, and Latin America.
Executives
Sara Kathleen Hyzer officer: VP, Finance & CFO C/O: WD-40 COMPANY, 9715 BUSINESSPARK AVE., SAN DIEGO CA 92131
Jeffrey G Lindeman officer: VP, Chief People, Cult. & Cap. 9715 BUSINESSPARK AVENUE, SAN DIEGO CA 92131
Phenix Q. Kiamilev officer: VP, General Counsel & Corp Sec 9715 BUSINESSPARK AVENUE, SAN DIEGO CA 92131
Steven A Brass director, officer: President and CEO WD-40 COMPANY, 1061 CUDAHY PLACE, SAN DIEGO CA 92110
William B Noble officer: Group MD, EMEA & Emerging Mkts BRICK CLOSE, KIIN FARM, MILTON KEYNES X0 MK1 13LJ
Patricia Q Olsem officer: Division President, Americas 9715 BUSINESSPARK AVENUE, SAN DIEGO CA 92131
Cynthia Burks director C/O INSPIRE MEDICAL SYSTEMS, INC., 9700 63RD AVENUE NORTH, SUITE 200, MAPLE GROVE MN 55369
Geoffrey Holdsworth officer: Managing Director AsiaPacific 27 MUNGARRA AVENUE, ST. IVES, SYDNEY C3 2075
Eric Etchart director ROOM F, 22F CROSS REGION PLAZA, 899 LINGLING ROAD, SHANGHAI F4 200030
Magee Edward O Jr director 9715 BUSINESSPARK AVENUE, SAN DIEGO CA 92131
Richard T Clampitt officer: VP, General Counsel WD-40 COMPANY, 1061 CUDAHY PLACE, SAN DIEGO CA 92110
Garry O Ridge director, officer: President & CEO 1061 CUDAHY PL, SAN DIEGO CA 92110
Lara L Lee director C/O MARRONE BIO INNOVATIONS, INC., 1540 DREW AVENUE, DAVIS CA 95618
Jay Rembolt officer: Principal Accounting Officer 1061 CUDAHY PL, SAN DIEGO CA 92110
Graciela Monteagudo director FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047