GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Worthington Enterprises Inc (STU:WTH) » Definitions » Cyclically Adjusted FCF per Share

Worthington Enterprises (STU:WTH) Cyclically Adjusted FCF per Share : €3.99 (As of Feb. 2024)


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

What is Worthington Enterprises 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.

Worthington Enterprises's adjusted free cash flow per share for the three months ended in Feb. 2024 was €0.737. 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 €3.99 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Worthington Enterprises's average Cyclically Adjusted FCF Growth Rate was 12.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.60% 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 Worthington Enterprises was 37.30% per year. The lowest was -41.50% per year. And the median was 11.90% per year.

As of today (2024-05-26), Worthington Enterprises's current stock price is €52.05. Worthington Enterprises's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2024 was €3.99. Worthington Enterprises's Cyclically Adjusted Price-to-FCF of today is 13.05.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Worthington Enterprises was 16.07. The lowest was 4.45. And the median was 10.13.


Worthington Enterprises Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Worthington Enterprises'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.

Worthington Enterprises Cyclically Adjusted FCF per Share Chart

Worthington Enterprises Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.04 3.88 2.87 3.20 3.94

Worthington Enterprises Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3.61 3.94 3.87 3.97 3.99

Competitive Comparison of Worthington Enterprises's Cyclically Adjusted FCF per Share

For the Metal Fabrication subindustry, Worthington Enterprises'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.


Worthington Enterprises's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Worthington Enterprises's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Worthington Enterprises 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, Worthington Enterprises's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.737/130.9299*130.9299
=0.737

Current CPI (Feb. 2024) = 130.9299.

Worthington Enterprises Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201405 -0.110 100.373 -0.143
201408 0.330 100.352 0.431
201411 -0.253 99.635 -0.332
201502 0.754 99.032 0.997
201505 0.701 100.333 0.915
201508 1.361 100.548 1.772
201511 0.418 100.135 0.547
201602 1.289 100.040 1.687
201605 1.320 101.355 1.705
201608 1.450 101.617 1.868
201611 0.237 101.829 0.305
201702 1.179 102.779 1.502
201705 0.896 103.256 1.136
201708 0.857 103.587 1.083
201711 -0.058 104.072 -0.073
201802 1.121 105.052 1.397
201805 0.795 106.148 0.981
201808 0.157 106.383 0.193
201811 0.341 106.338 0.420
201902 0.496 106.649 0.609
201905 0.731 108.048 0.886
201908 0.687 108.245 0.831
201911 1.223 108.519 1.476
202002 1.084 109.139 1.300
202005 0.945 108.175 1.144
202008 1.300 109.662 1.552
202011 1.459 109.793 1.740
202102 -0.111 110.968 -0.131
202105 0.361 113.576 0.416
202108 -1.208 115.421 -1.370
202111 -2.452 117.269 -2.738
202202 0.879 119.703 0.961
202205 2.680 123.323 2.845
202208 1.194 124.958 1.251
202211 2.157 125.607 2.248
202302 3.008 126.928 3.103
202305 3.934 128.314 4.014
202308 0.559 129.538 0.565
202311 1.885 129.548 1.905
202402 0.737 130.930 0.737

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


Worthington Enterprises  (STU:WTH) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=52.05/3.99
=13.05

* 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 Worthington Enterprises was 16.07. The lowest was 4.45. And the median was 10.13.


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.


Worthington Enterprises Cyclically Adjusted FCF per Share Related Terms

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


Worthington Enterprises (STU:WTH) Business Description

Traded in Other Exchanges
Address
200 Old Wilson Bridge Road, Columbus, OH, USA, 43085
Worthington Enterprises Inc formerly Worthington Industries Inc is a diversified metals manufacturing company, focused on value-added steel processing and manufactured metal products. Its manufactured metal products include pressure cylinders for liquefied petroleum gas, compressed natural gas, oxygen, refrigerant, and other industrial gas storage; cylinders; helium-filled balloon kits; steel and fiberglass tanks and processing equipment primarily for the oil and gas industry; cryogenic pressure vessels for liquefied natural gas and other gas storage applications; light gauge steel framing for commercial and residential construction; and several other products. The firm's operating segments are Steel Processing, Consumer Products, Building Products and Sustainable Energy Solutions.

Worthington Enterprises (STU:WTH) Headlines

No Headlines