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Workiva (Workiva) Cyclically Adjusted Price-to-FCF : 310.08 (As of Apr. 27, 2024)


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What is Workiva Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Workiva's current share price is $80.62. Workiva's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.26. Workiva's Cyclically Adjusted Price-to-FCF for today is 310.08.

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

WK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 299.46   Med: 461.5   Max: 682.73
Current: 310.74

During the past years, Workiva's highest Cyclically Adjusted Price-to-FCF was 682.73. The lowest was 299.46. And the median was 461.50.

WK's Cyclically Adjusted Price-to-FCF is ranked worse than
94.61% of 668 companies
in the Software industry
Industry Median: 28.49 vs WK: 310.74

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.

Workiva's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.439. 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 $0.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Workiva Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Workiva'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.

Workiva Cyclically Adjusted Price-to-FCF Chart

Workiva 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 - - - - 394.71

Workiva Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 692.86 525.16 468.52 394.71

Competitive Comparison of Workiva's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Workiva'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.


Workiva's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Workiva's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Workiva 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=80.62/0.26
=310.08

* 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.

Workiva's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Workiva'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)
=0.439/129.4194*129.4194
=0.439

Current CPI (Dec. 2023) = 129.4194.

Workiva Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.007 99.695 -0.009
201406 0.017 100.560 0.022
201409 -0.190 100.428 -0.245
201412 -0.133 99.070 -0.174
201503 -0.257 99.621 -0.334
201506 -0.075 100.684 -0.096
201509 -0.135 100.392 -0.174
201512 -0.131 99.792 -0.170
201603 -0.483 100.470 -0.622
201606 -0.116 101.688 -0.148
201609 0.065 101.861 0.083
201612 0.223 101.863 0.283
201703 0.059 102.862 0.074
201706 0.094 103.349 0.118
201709 0.099 104.136 0.123
201712 -0.150 104.011 -0.187
201803 0.040 105.290 0.049
201806 -0.065 106.317 -0.079
201809 0.159 106.507 0.193
201812 -0.020 105.998 -0.024
201903 0.073 107.251 0.088
201906 0.384 108.070 0.460
201909 0.085 108.329 0.102
201912 0.044 108.420 0.053
202003 0.085 108.902 0.101
202006 0.133 108.767 0.158
202009 0.151 109.815 0.178
202012 0.268 109.897 0.316
202103 0.211 111.754 0.244
202106 0.233 114.631 0.263
202109 0.301 115.734 0.337
202112 0.157 117.630 0.173
202203 -0.029 121.301 -0.031
202206 0.152 125.017 0.157
202209 0.071 125.227 0.073
202212 -0.048 125.222 -0.050
202303 0.098 127.348 0.100
202306 0.468 128.729 0.471
202309 0.259 129.860 0.258
202312 0.439 129.419 0.439

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.


Workiva  (NYSE:WK) 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.


Workiva Cyclically Adjusted Price-to-FCF Related Terms

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


Workiva (Workiva) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Workiva Inc (NYSE:WK) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
2900 University Boulevard, Ames, IA, USA, 50010
Workiva Inc is a cloud-native platform that simplifies the complexities of reporting and compliance. Workiva platform empowers customers by connecting and transforming data from hundreds of enterprise resource planning (ERP), human capital management (HCM), and customer relationship management (CRM) systems, as well as other third-party cloud and on-premise applications. Customers use the platform to create, review and publish data-linked documents and reports with greater control, consistency, accuracy, and productivity and it is also used for SEC Filings. The firm derives its revenue in the form of subscription and support fees and the remainder from professional services.
Executives
Jill Klindt officer: VP & CAO 2900 UNIVERSITY BLVD, AMES IA 50010
Brandon Ziegler officer: Senior Vice President, other: Gen Counsel & Corp. Secretary C/O WORKIVA INC., 2900 UNIVERSITY BLVD., AMES IA 50010
Robert H Herz director C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Michael D. Hawkins officer: EVP, Sales 2900 UNIVERSITY BLVD., AMES IA 50010
Junko Swain officer: SVP, Chief Accounting Officer 2900 UNIVERSITY BLVD., AMES IA 50010
Michael M Crow director 20 W. 9TH STREET, KANSAS CITY MO 64105
Brigid A Bonner director C/O ANALYSTS INTERNATIONAL CORPORATION, 3601 WEST 76TH STREET, EDINA MN 55435
Mithun Banarjee officer: EVP, Global Client Services 2900 UNIVERSITY BOULEVARD, AMES IA 50010
Jeff D Trom 10 percent owner, officer: Executive VP & CTO 2900 UNIVERSITY BLVD., AMES IA 50010
Martin J Vanderploeg director, 10 percent owner, officer: President & COO 2900 UNIVERSITY BLVD., AMES IA 50010
Julie Iskow officer: EVP & Chief Operating Officer 2900 UNIVERSITY BOULEVARD, AMES X1 50010
J Stuart Miller officer: Executive VP, Treasurer & CFO 2900 UNIVERSITY BLVD., AMES IA 50010
Eugene S Katz director 8 GOLDSBOROUGH ST., EASTON MD 21601
Troy M. Calkins officer: Executive VP, Secretary & GC 55 WEST MONROE, SUITE 3150, CHICAGO IL 60603
Scott G. Ryan officer: Executive VP, Global Sales 2900 UNIVERSITY BOULEVARD, AMES IA 50010