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Westport Fuel Systems (TSX:WPRT) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Westport Fuel Systems Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Westport Fuel Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Westport Fuel Systems's Cyclically Adjusted Price-to-FCF 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.

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Westport Fuel Systems Cyclically Adjusted Price-to-FCF Chart

Westport Fuel Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Westport Fuel Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Westport Fuel Systems's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Westport Fuel Systems'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.


Westport Fuel Systems's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

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



Westport Fuel Systems Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Westport Fuel Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Westport Fuel Systems'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)
=-0.373/126.2576*126.2576
=-0.373

Current CPI (Mar. 2024) = 126.2576.

Westport Fuel Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -5.229 99.473 -6.637
201409 -5.735 99.394 -7.285
201412 -4.964 98.367 -6.371
201503 -4.643 99.789 -5.875
201506 -3.366 100.500 -4.229
201509 -3.635 100.421 -4.570
201512 -3.206 99.947 -4.050
201603 -5.035 101.054 -6.291
201606 -3.426 102.002 -4.241
201609 -3.642 101.765 -4.519
201612 -1.221 101.449 -1.520
201703 -2.316 102.634 -2.849
201706 -2.822 103.029 -3.458
201709 -2.041 103.345 -2.494
201712 -1.208 103.345 -1.476
201803 -1.621 105.004 -1.949
201806 -0.370 105.557 -0.443
201809 -1.398 105.636 -1.671
201812 -0.584 105.399 -0.700
201903 -1.729 106.979 -2.041
201906 0.088 107.690 0.103
201909 -0.451 107.611 -0.529
201912 -0.245 107.769 -0.287
202003 -1.170 107.927 -1.369
202006 -0.983 108.401 -1.145
202009 -0.515 108.164 -0.601
202012 -1.347 108.559 -1.567
202103 -0.363 110.298 -0.416
202106 -0.773 111.720 -0.874
202109 -1.456 112.905 -1.628
202112 -1.801 113.774 -1.999
202203 -1.428 117.646 -1.533
202206 -1.496 120.806 -1.564
202209 -0.867 120.648 -0.907
202212 0.133 120.964 0.139
202303 -0.983 122.702 -1.011
202306 -0.383 124.203 -0.389
202309 -0.229 125.230 -0.231
202312 -0.789 125.072 -0.796
202403 -0.373 126.258 -0.373

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


Westport Fuel Systems  (TSX:WPRT) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Westport Fuel Systems Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Westport Fuel Systems's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Westport Fuel Systems (TSX:WPRT) Business Description

Traded in Other Exchanges
Address
1750 West 75th Avenue, Suite 101, Vancouver, BC, CAN, V6P 6G2
Westport Fuel Systems Inc is an organization engaged in the engineering, manufacturing, and supply of alternative fuel systems and components for transportation applications. It has three operating segments; the Original Equipment Manufacturers segment-design, manufacture, and sell alternative fuel systems, components and electronics, and related engineering services, to OEMs that serve light-duty, medium-duty, and heavy-duty customers, the Independent Aftermarket segment includes IAM products, conversion kits, and components allow for the conversion of vehicles after being sold to the end-user through a network of dealers and installers, and Corporate includes public company activities, corporate oversight, financing, and capital allocation.
Executives
Lance Garner Follett Senior Officer
Anders Sven Daniel Johansson Director
William Edward Larkin Senior Officer
Frank Luigi Spiniello Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Bartholomeus Petrus Jacobus Van Aerle Senior Officer