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8x8 (FRA:EGT) Cyclically Adjusted FCF per Share : €-0.15 (As of Mar. 2024)


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What is 8x8 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.

8x8's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.066. 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 €-0.15 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -4.60% 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 8x8 was 67.10% per year. The lowest was -31.00% per year. And the median was 20.00% per year.

As of today (2024-05-24), 8x8's current stock price is €2.54. 8x8's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-0.15. 8x8's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of 8x8 was 2069.00. The lowest was 88.57. And the median was 148.42.


8x8 Cyclically Adjusted FCF per Share Historical Data

The historical data trend for 8x8'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.

8x8 Cyclically Adjusted FCF per Share Chart

8x8 Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.11 -0.15 -0.15 -0.15

8x8 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 -0.15 -0.15 -0.15 -0.15 -0.15

Competitive Comparison of 8x8's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, 8x8'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.


8x8's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, 8x8's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where 8x8's Cyclically Adjusted Price-to-FCF falls into.



8x8 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, 8x8'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)
=0.066/131.7762*131.7762
=0.066

Current CPI (Mar. 2024) = 131.7762.

8x8 Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.029 100.560 0.038
201409 0.019 100.428 0.025
201412 0.026 99.070 0.035
201503 0.060 99.621 0.079
201506 0.031 100.684 0.041
201509 0.012 100.392 0.016
201512 0.068 99.792 0.090
201603 0.059 100.470 0.077
201606 0.042 101.688 0.054
201609 0.015 101.861 0.019
201612 0.063 101.863 0.082
201703 0.024 102.862 0.031
201706 0.017 103.349 0.022
201709 0.002 104.136 0.003
201712 0.020 104.011 0.025
201803 -0.033 105.290 -0.041
201806 -0.051 106.317 -0.063
201809 -0.121 106.507 -0.150
201812 -0.109 105.998 -0.136
201903 -0.175 107.251 -0.215
201906 -0.277 108.070 -0.338
201909 -0.330 108.329 -0.401
201912 -0.383 108.420 -0.466
202003 -0.465 108.902 -0.563
202006 -0.176 108.767 -0.213
202009 -0.104 109.815 -0.125
202012 -0.072 109.897 -0.086
202103 -0.035 111.754 -0.041
202106 -0.026 114.631 -0.030
202109 -0.011 115.734 -0.013
202112 0.035 117.630 0.039
202203 0.081 121.301 0.088
202206 0.020 125.017 0.021
202209 0.095 125.227 0.100
202212 0.102 125.222 0.107
202303 0.067 127.348 0.069
202306 0.180 128.729 0.184
202309 0.094 129.860 0.095
202312 0.136 129.419 0.138
202403 0.066 131.776 0.066

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


8x8  (FRA:EGT) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of 8x8 was 2069.00. The lowest was 88.57. And the median was 148.42.


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.


8x8 Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of 8x8's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


8x8 (FRA:EGT) Business Description

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675 Creekside Way, Campbell, CA, USA, 95008
8x8 Inc provides contact-center-as-a-service and unified-communications-as-a-service software applications to approximately 2.5 million users. The company's unified platform enables omnichannel communication to assist employees in communicating across voice, video, text, chat, and contact centers. Geographically, it derives a majority of revenue from the United States.