GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Werner Enterprises Inc (NAS:WERN) » Definitions » Cyclically Adjusted FCF per Share

Werner Enterprises (Werner Enterprises) Cyclically Adjusted FCF per Share : $-1.22 (As of Dec. 2023)


View and export this data going back to 1986. Start your Free Trial

What is Werner 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.

Werner Enterprises's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.779. 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 $-1.22 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -14.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -9.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -16.90% 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 Werner Enterprises was 32.30% per year. The lowest was -69.50% per year. And the median was -8.90% per year.

As of today (2024-04-28), Werner Enterprises's current stock price is $34.74. Werner Enterprises's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-1.22. Werner Enterprises's Cyclically Adjusted Price-to-FCF of today is .


Werner Enterprises Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Werner 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.

Werner Enterprises Cyclically Adjusted FCF per Share Chart

Werner Enterprises 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 -0.77 -0.81 -0.86 -0.96 -1.22

Werner Enterprises Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.96 -1.04 -1.19 -1.30 -1.22

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

For the Trucking subindustry, Werner 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.


Werner Enterprises's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

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



Werner 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, Werner Enterprises's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.779/129.4194*129.4194
=0.779

Current CPI (Dec. 2023) = 129.4194.

Werner Enterprises Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.387 99.695 0.502
201406 -0.520 100.560 -0.669
201409 -0.438 100.428 -0.564
201412 -0.672 99.070 -0.878
201503 0.169 99.621 0.220
201506 -0.481 100.684 -0.618
201509 -0.443 100.392 -0.571
201512 -0.400 99.792 -0.519
201603 -0.444 100.470 -0.572
201606 -1.519 101.688 -1.933
201609 -0.624 101.861 -0.793
201612 -0.565 101.863 -0.718
201703 0.597 102.862 0.751
201706 0.127 103.349 0.159
201709 -0.483 104.136 -0.600
201712 -0.700 104.011 -0.871
201803 0.077 105.290 0.095
201806 -1.097 106.317 -1.335
201809 -0.506 106.507 -0.615
201812 0.117 105.998 0.143
201903 0.261 107.251 0.315
201906 -0.535 108.070 -0.641
201909 -0.346 108.329 -0.413
201912 0.699 108.420 0.834
202003 1.094 108.902 1.300
202006 0.590 108.767 0.702
202009 -0.938 109.815 -1.105
202012 -0.276 109.897 -0.325
202103 0.781 111.754 0.904
202106 -0.833 114.631 -0.940
202109 -0.569 115.734 -0.636
202112 0.061 117.630 0.067
202203 1.235 121.301 1.318
202206 -0.636 125.017 -0.658
202209 -1.370 125.227 -1.416
202212 -0.178 125.222 -0.184
202303 0.080 127.348 0.081
202306 -1.328 128.729 -1.335
202309 -1.483 129.860 -1.478
202312 0.779 129.419 0.779

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


Werner Enterprises  (NAS:WERN) 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.


Werner Enterprises Cyclically Adjusted FCF per Share Related Terms

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


Werner Enterprises (Werner Enterprises) Business Description

Industry
Traded in Other Exchanges
Address
14507 Frontier Road, Post Office Box 45308, Omaha, NE, USA, 68145-0308
Werner Enterprises Inc ranks among the top five full-truckload carriers by revenue, with a fleet of more than 7,800 tractors, including owner-operators. The company has two reportable segments - TTS and Werner Logistics. It derives about 80% of its top line from a wide array of full-truckload shipping services (including dedicated contract carriage; roughly 20% comes from non-asset based logistics operations, including truck brokerage.
Executives
Michelle D. Greene director 1141 N. OLD WORLD 3RD STREET, UNIT # 2414, MILWAUKEE WI 53203
Christopher D Wikoff officer: Exec VP - Treasurer & CFO P.O. BOX 45308, OMAHA NE 68145
Eric J Downing officer: Exec VP and COO P.O. BOX 45308, OMAHA NE 68145
Carmen A Tapio director P.O. BOX 45308, OMAHA NE 68145
Michelle Dye Livingstone director P.O. BOX 45308, OMAHA NE 68145
Scott C Arves director SCHNEIDER NATIONAL, INC., P.O. BOX 2545, GREEN BAY WI 54306
Alexi Wellman director ALTABA, 140 E 45TH STREET, 15TH FLOOR, SUITE 15A, NEW YORK NY 10017
Vikram Mansharamani director P.O. BOX 45308, OMAHA NE 68145
Jim S Schelbe officer: Vice President - Sales C/O WERNER ENTERPRISES INC, PO BO X45308, OMAHA NE 68415-0308
H Marty Nordlund officer: Senior VP-Specialized Services PO BOX 45308, OMAHA NE 68145-0308
Derek J Leathers officer: Senior VP - Van PO BOX 45308, OMAHA NE 68145-0308
Craig T Callahan officer: VP Logistics & Corporate Sales P.O. BOX 45308, OMAHA NE 68145
Clarence L Werner director, 10 percent owner, officer: Chief Executive Officer PO BOX 45308, OMAHA NE 68145
Daragh P Mahon officer: Executive Vice President & CIO P.O. BOX 45308, OMAHA NE 68145
James Lynn Johnson officer: Vice President - Controller PO BOX 45308, OMAHA NE 68145-0308