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WaFd (FRA:WAO) Cyclically Adjusted FCF per Share : €2.79 (As of Mar. 2024)


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What is WaFd 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.

WaFd's adjusted free cash flow per share for the three months ended in Mar. 2024 was €2.161. 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 €2.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, WaFd's average Cyclically Adjusted FCF Growth Rate was 18.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 8.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 3.40% 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 WaFd was 13.10% per year. The lowest was -2.50% per year. And the median was 4.80% per year.

As of today (2024-06-08), WaFd's current stock price is €24.80. WaFd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.79. WaFd's Cyclically Adjusted Price-to-FCF of today is 8.89.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of WaFd was 20.52. The lowest was 8.80. And the median was 14.10.


WaFd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for WaFd'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.

WaFd Cyclically Adjusted FCF per Share Chart

WaFd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 1.59 1.77 2.60 2.50

WaFd 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 2.30 2.40 2.50 2.55 2.79

Competitive Comparison of WaFd's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, WaFd'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.


WaFd's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, WaFd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



WaFd 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, WaFd'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)
=2.161/131.7762*131.7762
=2.161

Current CPI (Mar. 2024) = 131.7762.

WaFd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.016 100.560 0.021
201409 0.488 100.428 0.640
201412 0.134 99.070 0.178
201503 0.247 99.621 0.327
201506 0.057 100.684 0.075
201509 0.457 100.392 0.600
201512 0.499 99.792 0.659
201603 0.491 100.470 0.644
201606 0.320 101.688 0.415
201609 0.451 101.861 0.583
201612 0.419 101.863 0.542
201703 0.411 102.862 0.527
201706 0.335 103.349 0.427
201709 0.491 104.136 0.621
201712 0.501 104.011 0.635
201803 0.527 105.290 0.660
201806 0.105 106.317 0.130
201809 0.472 106.507 0.584
201812 0.448 105.998 0.557
201903 0.447 107.251 0.549
201906 0.611 108.070 0.745
201909 0.696 108.329 0.847
201912 0.787 108.420 0.957
202003 -0.336 108.902 -0.407
202006 0.574 108.767 0.695
202009 0.512 109.815 0.614
202012 0.930 109.897 1.115
202103 1.100 111.754 1.297
202106 0.467 114.631 0.537
202109 0.759 115.734 0.864
202112 0.326 117.630 0.365
202203 0.741 121.301 0.805
202206 1.232 125.017 1.299
202209 1.451 125.227 1.527
202212 0.922 125.222 0.970
202303 0.599 127.348 0.620
202306 0.197 128.729 0.202
202309 1.144 129.860 1.161
202312 1.455 129.419 1.481
202403 2.161 131.776 2.161

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


WaFd  (FRA:WAO) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=24.80/2.79
=8.89

* 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 WaFd was 20.52. The lowest was 8.80. And the median was 14.10.


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.


WaFd Cyclically Adjusted FCF per Share Related Terms

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


WaFd (FRA:WAO) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » WaFd Inc (FRA:WAO) » Definitions » Cyclically Adjusted FCF per Share
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Address
425 Pike Street, Seattle, WA, USA, 98101
WaFd Inc is engaged in providing lending, depository, insurance and other banking services to consumers, mid-sized to large businesses, and owners and developers of commercial real estate. Geographically It operates in Washington, Oregon, Arizona, Texas, Utah. New Mexico, Nevada, Idaho and others. WaFd Inc provides, Personal Banking, Business Banking, Commercial Banking and Home Loans.

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