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Worksport (Worksport) Cyclically Adjusted FCF per Share : $0.00 (As of Mar. 2024)


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What is Worksport 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.

Worksport's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.142. 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 $0.00 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -3.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 0.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 1.50% 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 Worksport was 8.40% per year. The lowest was -9.40% per year. And the median was -0.40% per year.

As of today (2024-05-21), Worksport's current stock price is $0.5986. Worksport's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.00. Worksport's Cyclically Adjusted Price-to-FCF of today is .


Worksport Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Worksport'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.

Worksport Cyclically Adjusted FCF per Share Chart

Worksport Annual Data
Trend Sep14 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 -0.88 -0.82 -0.83 -0.89 -0.90

Worksport 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 -0.89 -0.89 -0.89 -0.90 -

Competitive Comparison of Worksport's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Worksport'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.


Worksport's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Worksport's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Worksport 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, Worksport'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)
=-0.142/131.7762*131.7762
=-0.142

Current CPI (Mar. 2024) = 131.7762.

Worksport Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.250 100.560 -0.328
201409 -0.125 100.428 -0.164
201412 0.000 99.070 0.000
201503 -0.714 99.621 -0.944
201506 -1.985 100.684 -2.598
201509 -0.050 100.392 -0.066
201512 -0.264 99.792 -0.349
201603 -0.005 100.470 -0.007
201606 -0.082 101.688 -0.106
201609 -0.214 101.861 -0.277
201612 -0.121 101.863 -0.157
201703 -0.032 102.862 -0.041
201706 0.003 103.349 0.004
201709 -0.030 104.136 -0.038
201712 -0.111 104.011 -0.141
201803 0.003 105.290 0.004
201806 0.003 106.317 0.004
201809 -0.057 106.507 -0.071
201812 -0.271 105.998 -0.337
201903 -0.031 107.251 -0.038
201906 0.069 108.070 0.084
201909 0.066 108.329 0.080
201912 -0.137 108.420 -0.167
202003 -0.084 108.902 -0.102
202006 -0.020 108.767 -0.024
202009 -0.054 109.815 -0.065
202012 -0.093 109.897 -0.112
202103 -0.121 111.754 -0.143
202106 -0.070 114.631 -0.080
202109 -0.112 115.734 -0.128
202112 -0.145 117.630 -0.162
202203 -0.162 121.301 -0.176
202206 -0.667 125.017 -0.703
202209 -0.144 125.227 -0.152
202212 -0.149 125.222 -0.157
202303 -0.234 127.348 -0.242
202306 -0.268 128.729 -0.274
202309 -0.174 129.860 -0.177
202312 -0.209 129.419 -0.213
202403 -0.142 131.776 -0.142

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


Worksport  (NAS:WKSP) 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.


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.


Worksport Cyclically Adjusted FCF per Share Related Terms

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


Worksport (Worksport) Business Description

Industry
Traded in Other Exchanges
N/A
Address
55G East Beaver Creek Road, Richmond Hill, ON, CAN, L4B 1E5
Worksport Ltd through its subsidiaries, designs, develops, manufactures, and owns the IP on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. The company's product includes soft vinyl tonneau covers and hard aluminum tonneau covers.
Executives
Ned L Siegel director 600 WILSHIRE BOULEVARD, LOS ANGELES CA 90017
William J Caragol director 1690 SOUTH CONGRESS AVENUE, SUITE 200, DELRAY BEACH FL 33445
Craig William Loverock director 48 UNION AVE, PORT PERRY A6 L9L 1G2
Michael D Johnston officer: Chief Financial Officer 340 RICHMOND STREET WEST, TORONTO Z4 MSV 1X2
Lorenzo Rossi director, officer: Treasurer 1895 CLEMENTS ROAD, SUITE 155, PICKERING A6 M1P 4Y9
Steven Raivio director, officer: COO, Secretary 8820 JANE STREET, VAUGHAN A6 L4K 2M9
Steven F. Rossi 10 percent owner 1895 CLEMENTS ROAD, PICKERING A6 M1P 4Y9
Truxmart Ltd. 10 percent owner 1895 CLEMENTS ROAD, PICKERING A6 MIP 4Y9
Mathis Family Partners Ltd. 10 percent owner 2560 W. MAIN STREET, SUITE 200, LITTLETON CO 80120
Lazzeri Family Trust, Robert Lazzeri, Trustee 10 percent owner 5046 CHRISTENSEN DRIVE, LITTLETON CO 80123
Earnco M.p.p.p. 10 percent owner 2560 W MAIN ST, STE 200, LITTLETON CO 80120
Lazzeri Equity Partners 401k Plan 10 percent owner 2560 W MAIN STREET, SUITE 200, LITTLETON CO 80120
A. J. Boisdrenghien director, 10 percent owner, officer: President 5910 SOUTH UNIVERSITY BOULEVARD, C-18, UNIT 165, LITTLETON CO 80121-2800