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Willdan Group (FRA:J2A) Cyclically Adjusted FCF per Share : €1.47 (As of Mar. 2024)


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What is Willdan Group Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Willdan Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was €1.652. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €1.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Willdan Group's average Cyclically Adjusted FCF Growth Rate was 18.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 22.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Willdan Group was 55.10% per year. The lowest was 9.40% per year. And the median was 19.15% per year.

As of today (2024-06-04), Willdan Group's current stock price is €29.80. Willdan Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.47. Willdan Group's Cyclically Adjusted Price-to-FCF of today is 20.27.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Willdan Group was 79.22. The lowest was 9.50. And the median was 32.98.


Willdan Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Willdan Group's Cyclically Adjusted FCF per Share 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.

Willdan Group Cyclically Adjusted FCF per Share Chart

Willdan Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.94 1.01 1.15 1.40

Willdan Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 1.18 1.20 1.23 1.40 1.47

Competitive Comparison of Willdan Group's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, Willdan Group'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.


Willdan Group's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Willdan Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Willdan Group Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Willdan Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.652/131.7762*131.7762
=1.652

Current CPI (Mar. 2024) = 131.7762.

Willdan Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.059 100.560 -0.077
201409 0.151 100.428 0.198
201412 0.599 99.070 0.797
201503 -0.287 99.621 -0.380
201506 0.441 100.684 0.577
201509 0.279 100.392 0.366
201512 0.177 99.792 0.234
201603 -0.205 100.470 -0.269
201606 0.848 101.688 1.099
201609 0.931 101.861 1.204
201612 0.498 101.863 0.644
201703 -0.208 102.862 -0.266
201706 0.749 103.349 0.955
201709 -0.495 104.136 -0.626
201712 0.797 104.011 1.010
201803 -0.607 105.290 -0.760
201806 0.959 106.317 1.189
201809 0.671 106.507 0.830
201812 -0.423 105.998 -0.526
201903 0.690 107.251 0.848
201906 0.024 108.070 0.029
201909 -0.479 108.329 -0.583
201912 0.176 108.420 0.214
202003 1.124 108.902 1.360
202006 0.911 108.767 1.104
202009 -0.231 109.815 -0.277
202012 1.305 109.897 1.565
202103 0.299 111.754 0.353
202106 -0.543 114.631 -0.624
202109 -0.181 115.734 -0.206
202112 0.553 117.630 0.620
202203 -0.700 121.301 -0.760
202206 0.141 125.017 0.149
202209 0.412 125.227 0.434
202212 0.165 125.222 0.174
202303 0.957 127.348 0.990
202306 -0.045 128.729 -0.046
202309 0.231 129.860 0.234
202312 0.852 129.419 0.868
202403 1.652 131.776 1.652

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Willdan Group  (FRA:J2A) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Willdan Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=29.80/1.47
=20.27

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Willdan Group was 79.22. The lowest was 9.50. And the median was 32.98.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Willdan Group Cyclically Adjusted FCF per Share Related Terms

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


Willdan Group (FRA:J2A) Business Description

Industry
Traded in Other Exchanges
Address
2401 East Katella Avenue, Suite 300, Anaheim, CA, USA, 92806
Willdan Group Inc is a provider of professional technical and consulting services to utilities, private industry, and public agencies at all levels of government. It operates in the business segments of Energy and Engineering and Consulting. It generates the majority of its revenue from the Energy segment, which includes services such as audit and surveys, program design, master planning, benchmarking analyses, design engineering, construction management, performance contracting, installation, advances in software and data analytics, and other services. All of its revenue is derived from the domestic market.

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