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Waste Management (XTER:UWS) Cyclically Adjusted Price-to-FCF : 40.98 (As of May. 30, 2024)


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What is Waste Management Cyclically Adjusted Price-to-FCF?

As of today (2024-05-30), Waste Management's current share price is €189.76. Waste Management's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.63. Waste Management's Cyclically Adjusted Price-to-FCF for today is 40.98.

The historical rank and industry rank for Waste Management's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XTER:UWS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.39   Med: 30.05   Max: 44.13
Current: 40.79

During the past years, Waste Management's highest Cyclically Adjusted Price-to-FCF was 44.13. The lowest was 16.39. And the median was 30.05.

XTER:UWS's Cyclically Adjusted Price-to-FCF is ranked worse than
69.23% of 52 companies
in the Waste Management industry
Industry Median: 21.365 vs XTER:UWS: 40.79

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.

Waste Management's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €1.594. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €4.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Waste Management Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Waste Management'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.

* Premium members only.

Waste Management Cyclically Adjusted Price-to-FCF Chart

Waste Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.21 33.64 41.27 34.39 37.05

Waste Management Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 35.11 36.62 31.70 37.05 42.59

Competitive Comparison of Waste Management's Cyclically Adjusted Price-to-FCF

For the Waste Management subindustry, Waste Management'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.


Waste Management's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Waste Management's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Waste Management 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.

Waste Management's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=189.76/4.63
=40.98

* 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.

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

For example, Waste Management'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)
=1.594/131.7762*131.7762
=1.594

Current CPI (Mar. 2024) = 131.7762.

Waste Management Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.546 100.560 0.715
201409 0.611 100.428 0.802
201412 0.263 99.070 0.350
201503 0.536 99.621 0.709
201506 1.012 100.684 1.325
201509 0.634 100.392 0.832
201512 0.381 99.792 0.503
201603 0.831 100.470 1.090
201606 0.897 101.688 1.162
201609 0.850 101.861 1.100
201612 0.797 101.863 1.031
201703 0.821 102.862 1.052
201706 1.029 103.349 1.312
201709 0.957 104.136 1.211
201712 0.510 104.011 0.646
201803 0.761 105.290 0.952
201806 1.067 106.317 1.323
201809 0.935 106.507 1.157
201812 0.938 105.998 1.166
201903 0.869 107.251 1.068
201906 0.894 108.070 1.090
201909 0.996 108.329 1.212
201912 1.548 108.420 1.881
202003 0.649 108.902 0.785
202006 0.880 108.767 1.066
202009 1.372 109.815 1.646
202012 0.694 109.897 0.832
202103 1.683 111.754 1.985
202106 1.268 114.631 1.458
202109 1.450 115.734 1.651
202112 0.456 117.630 0.511
202203 1.826 121.301 1.984
202206 1.129 125.017 1.190
202209 1.036 125.227 1.090
202212 0.429 125.222 0.451
202303 0.877 127.348 0.907
202306 1.155 128.729 1.182
202309 1.362 129.860 1.382
202312 0.770 129.419 0.784
202403 1.594 131.776 1.594

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.


Waste Management  (XTER:UWS) 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.


Waste Management Cyclically Adjusted Price-to-FCF Related Terms

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


Waste Management (XTER:UWS) Business Description

Traded in Other Exchanges
Address
800 Capitol Street, Suite 3000, Houston, TX, USA, 77002
WM ranks as the largest integrated provider of traditional solid waste services in the United States, operating 259 active landfills and about 337 transfer stations. The company serves residential, commercial, and industrial end markets and is also a leading recycler in North America.

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