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Casella Waste Systems (FRA:WA3) Cyclically Adjusted FCF per Share : €0.83 (As of Mar. 2024)


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What is Casella Waste Systems 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.

Casella Waste Systems's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.358. 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 €0.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Casella Waste Systems's average Cyclically Adjusted FCF Growth Rate was 16.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 40.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 28.40% 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 Casella Waste Systems was 108.00% per year. The lowest was -69.70% per year. And the median was 18.20% per year.

As of today (2024-06-09), Casella Waste Systems's current stock price is €88.22. Casella Waste Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.83. Casella Waste Systems's Cyclically Adjusted Price-to-FCF of today is 106.29.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Casella Waste Systems was 458.67. The lowest was 82.61. And the median was 135.89.


Casella Waste Systems Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Casella Waste Systems'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.

Casella Waste Systems Cyclically Adjusted FCF per Share Chart

Casella Waste Systems Annual Data
Trend Apr14 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 0.24 0.26 0.43 0.70 0.83

Casella Waste Systems 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 0.71 0.77 0.84 0.83 0.83

Competitive Comparison of Casella Waste Systems's Cyclically Adjusted FCF per Share

For the Waste Management subindustry, Casella Waste Systems'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.


Casella Waste Systems's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Casella Waste Systems's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Casella Waste Systems 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, Casella Waste Systems'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)
=-0.358/131.7762*131.7762
=-0.358

Current CPI (Mar. 2024) = 131.7762.

Casella Waste Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.049 100.023 0.065
201407 -0.062 100.520 -0.081
201410 -0.183 100.176 -0.241
201503 -0.232 99.621 -0.307
201506 0.386 100.684 0.505
201509 0.041 100.392 0.054
201512 0.247 99.792 0.326
201603 -0.178 100.470 -0.233
201606 0.432 101.688 0.560
201609 0.137 101.861 0.177
201612 0.174 101.863 0.225
201703 0.045 102.862 0.058
201706 0.287 103.349 0.366
201709 0.392 104.136 0.496
201712 0.140 104.011 0.177
201803 0.074 105.290 0.093
201806 0.170 106.317 0.211
201809 0.494 106.507 0.611
201812 0.187 105.998 0.232
201903 -0.260 107.251 -0.319
201906 0.093 108.070 0.113
201909 0.073 108.329 0.089
201912 0.334 108.420 0.406
202003 -0.095 108.902 -0.115
202006 0.292 108.767 0.354
202009 0.414 109.815 0.497
202012 -0.046 109.897 -0.055
202103 0.087 111.754 0.103
202106 0.284 114.631 0.326
202109 0.487 115.734 0.555
202112 0.119 117.630 0.133
202203 0.207 121.301 0.225
202206 0.467 125.017 0.492
202209 0.534 125.227 0.562
202212 0.393 125.222 0.414
202303 -0.032 127.348 -0.033
202306 0.602 128.729 0.616
202309 0.560 129.860 0.568
202312 0.169 129.419 0.172
202403 -0.358 131.776 -0.358

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


Casella Waste Systems  (FRA:WA3) 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.

Casella Waste Systems's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=88.22/0.83
=106.29

* 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 Casella Waste Systems was 458.67. The lowest was 82.61. And the median was 135.89.


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.


Casella Waste Systems Cyclically Adjusted FCF per Share Related Terms

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


Casella Waste Systems (FRA:WA3) Business Description

Traded in Other Exchanges
Address
25 Greens Hill Lane, Rutland, VT, USA, 05701
Casella Waste Systems Inc is a solid waste removal company, providing resource management services to residential, commercial, municipal, and industrial customers in the Northeastern United States. The company's reportable segments on Geographical basis include Eastern and Western regions as well as the Resource solution segment. It generates maximum revenue from the Western region segment. The company services include Recycling, Collection, Organics, Energy, Landfills, Special Waste as well as Professional Services.

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