GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » WESCO International Inc (STU:WP7) » Definitions » Cyclically Adjusted FCF per Share

WESCO International (STU:WP7) Cyclically Adjusted FCF per Share : €6.16 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is WESCO International 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.

WESCO International's adjusted free cash flow per share for the three months ended in Mar. 2024 was €12.868. 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 €6.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, WESCO International's average Cyclically Adjusted FCF Growth Rate was 49.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -1.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 1.10% 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 WESCO International was 12.40% per year. The lowest was -3.20% per year. And the median was 3.90% per year.

As of today (2024-06-08), WESCO International's current stock price is €161.00. WESCO International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €6.16. WESCO International's Cyclically Adjusted Price-to-FCF of today is 26.14.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of WESCO International was 37.34. The lowest was 3.73. And the median was 13.68.


WESCO International Cyclically Adjusted FCF per Share Historical Data

The historical data trend for WESCO International'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.

WESCO International Cyclically Adjusted FCF per Share Chart

WESCO International 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 4.18 4.35 4.89 4.69 4.84

WESCO International 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 4.11 4.48 5.32 4.84 6.16

Competitive Comparison of WESCO International's Cyclically Adjusted FCF per Share

For the Industrial Distribution subindustry, WESCO International'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.


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

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

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



WESCO International 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, WESCO International'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)
=12.868/131.7762*131.7762
=12.868

Current CPI (Mar. 2024) = 131.7762.

WESCO International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.036 100.560 -0.047
201409 1.235 100.428 1.621
201412 1.636 99.070 2.176
201503 1.505 99.621 1.991
201506 0.601 100.684 0.787
201509 0.712 100.392 0.935
201512 1.963 99.792 2.592
201603 1.438 100.470 1.886
201606 1.035 101.688 1.341
201609 1.489 101.861 1.926
201612 1.508 101.863 1.951
201703 0.817 102.862 1.047
201706 0.252 103.349 0.321
201709 0.143 104.136 0.181
201712 1.111 104.011 1.408
201803 0.772 105.290 0.966
201806 0.452 106.317 0.560
201809 1.449 106.507 1.793
201812 2.091 105.998 2.600
201903 0.351 107.251 0.431
201906 -0.974 108.070 -1.188
201909 2.497 108.329 3.037
201912 2.002 108.420 2.433
202003 0.339 108.902 0.410
202006 1.863 108.767 2.257
202009 4.555 109.815 5.466
202012 1.781 109.897 2.136
202103 1.792 111.754 2.113
202106 -0.442 114.631 -0.508
202109 1.060 115.734 1.207
202112 -2.286 117.630 -2.561
202203 -3.238 121.301 -3.518
202206 -2.698 125.017 -2.844
202209 -2.581 125.227 -2.716
202212 6.875 125.222 7.235
202303 -4.791 127.348 -4.958
202306 5.059 128.729 5.179
202309 6.146 129.860 6.237
202312 0.716 129.419 0.729
202403 12.868 131.776 12.868

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


WESCO International  (STU:WP7) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=161.00/6.16
=26.14

* 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 WESCO International was 37.34. The lowest was 3.73. And the median was 13.68.


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.


WESCO International Cyclically Adjusted FCF per Share Related Terms

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


WESCO International (STU:WP7) Business Description

Traded in Other Exchanges
Address
225 West Station Square Drive, Suite 700, Pittsburgh, PA, USA, 15219
Wesco International is an industrial distributor that has three reportable segments, electrical and electronic solutions, communications and security solutions, and utility and broadband solutions. The company offers more than 1.5 million products to its 140,000 active customers through a distribution network of 800 branches, warehouses, and sales offices, including 43 distribution centers. Wesco generates 74% of its sales in the United States, but it has a global reach, with operations in 50 other countries.

WESCO International (STU:WP7) Headlines

No Headlines