GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Wasco Bhd (XKLS:5142) » Definitions » Cyclically Adjusted FCF per Share

Wasco Bhd (XKLS:5142) Cyclically Adjusted FCF per Share : RM0.06 (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Wasco Bhd 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.

Wasco Bhd's adjusted free cash flow per share for the three months ended in Mar. 2024 was RM-0.093. 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 RM0.06 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 32.60% 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 Wasco Bhd was 32.60% per year. The lowest was 26.00% per year. And the median was 29.30% per year.

As of today (2024-06-04), Wasco Bhd's current stock price is RM1.52. Wasco Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was RM0.06. Wasco Bhd's Cyclically Adjusted Price-to-FCF of today is 25.33.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Wasco Bhd was 46.67. The lowest was 9.17. And the median was 16.88.


Wasco Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Wasco Bhd'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.

Wasco Bhd Cyclically Adjusted FCF per Share Chart

Wasco Bhd 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 0.03 0.03 0.05 0.06 0.07

Wasco Bhd 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 0.06 0.04 0.04 0.07 0.06

Competitive Comparison of Wasco Bhd's Cyclically Adjusted FCF per Share

For the Oil & Gas Equipment & Services subindustry, Wasco Bhd'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.


Wasco Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wasco Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Wasco Bhd 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, Wasco Bhd'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)
=-0.093/131.7762*131.7762
=-0.093

Current CPI (Mar. 2024) = 131.7762.

Wasco Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.141 100.560 -0.185
201409 0.094 100.428 0.123
201412 -0.049 99.070 -0.065
201503 0.068 99.621 0.090
201506 0.059 100.684 0.077
201509 0.007 100.392 0.009
201512 -0.055 99.792 -0.073
201603 -0.022 100.470 -0.029
201606 0.723 101.688 0.937
201609 -0.629 101.861 -0.814
201612 -0.082 101.863 -0.106
201703 -0.134 102.862 -0.172
201706 -0.129 103.349 -0.164
201709 0.108 104.136 0.137
201712 -0.026 104.011 -0.033
201803 0.003 105.290 0.004
201806 0.056 106.317 0.069
201809 -0.105 106.507 -0.130
201812 0.173 105.998 0.215
201903 0.081 107.251 0.100
201906 -0.046 108.070 -0.056
201909 0.109 108.329 0.133
201912 0.044 108.420 0.053
202003 0.022 108.902 0.027
202006 0.034 108.767 0.041
202009 0.033 109.815 0.040
202012 -0.019 109.897 -0.023
202103 0.084 111.754 0.099
202106 -0.013 114.631 -0.015
202109 0.077 115.734 0.088
202112 0.012 117.630 0.013
202203 0.052 121.301 0.056
202206 0.053 125.017 0.056
202209 0.055 125.227 0.058
202212 0.008 125.222 0.008
202303 0.066 127.348 0.068
202306 -0.146 128.729 -0.149
202309 -0.010 129.860 -0.010
202312 0.235 129.419 0.239
202403 -0.093 131.776 -0.093

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


Wasco Bhd  (XKLS:5142) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.52/0.06
=25.33

* 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 Wasco Bhd was 46.67. The lowest was 9.17. And the median was 16.88.


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.


Wasco Bhd Cyclically Adjusted FCF per Share Related Terms

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


Wasco Bhd (XKLS:5142) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Wasco Bhd (XKLS:5142) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
N/A
Address
The Gardens North Tower, Suite 19.01, Level 19, Mid Valley City, Lingkaran Syed Putra, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
Wasco Bhd, formerly Wah Seong Corp Bhd is engaged in the business of specialized pipe coating and corrosion protection services; Engineering, Procurement, and Construction (EPC) of gas compressors and process equipment; renewable energy and infrastructure materials and services. Its segments include the Energy solutions services division; the Renewable energy division; the Industrial trading & services division; and Others. It derives the majority of its revenue from the Energy solutions services division that provides pipe coating, pipe manufacturing for the oil and gas industry, building and operating offshore/onshore field development facilities, and the provision of specialized equipment and services to the power generation, oleochemical, and petrochemical industries.

Wasco Bhd (XKLS:5142) Headlines

No Headlines