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USU Software AG (LTS:0NEY) Cyclically Adjusted FCF per Share : €0.83 (As of Dec. 2023)


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What is USU Software AG 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.

USU Software AG's adjusted free cash flow per share for the three months ended in Dec. 2023 was €0.397. 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 €0.83 for the trailing ten years ended in Dec. 2023.

During the past 12 months, USU Software AG's average Cyclically Adjusted FCF Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.60% 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 USU Software AG was 14.00% per year. The lowest was 6.20% per year. And the median was 9.80% per year.

As of today (2024-05-20), USU Software AG's current stock price is €18.15. USU Software AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.83. USU Software AG's Cyclically Adjusted Price-to-FCF of today is 21.87.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of USU Software AG was 53.74. The lowest was 18.75. And the median was 30.46.


USU Software AG Cyclically Adjusted FCF per Share Historical Data

The historical data trend for USU Software AG'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.

USU Software AG Cyclically Adjusted FCF per Share Chart

USU Software AG 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 0.68 0.70 0.76 0.86 0.83

USU Software AG 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 0.86 0.83 0.82 0.79 0.83

Competitive Comparison of USU Software AG's Cyclically Adjusted FCF per Share

For the Information Technology Services subindustry, USU Software AG'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.


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

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

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



USU Software AG 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, USU Software AG'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)
=0.397/123.7729*123.7729
=0.397

Current CPI (Dec. 2023) = 123.7729.

USU Software AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.341 99.543 0.424
201406 -0.094 99.543 -0.117
201409 0.151 99.823 0.187
201412 0.233 99.543 0.290
201503 0.585 99.717 0.726
201506 -0.032 100.417 -0.039
201509 -0.155 100.417 -0.191
201512 0.660 99.717 0.819
201603 0.327 100.017 0.405
201606 -0.072 100.717 -0.088
201609 0.058 101.017 0.071
201612 0.060 101.217 0.073
201703 0.572 101.417 0.698
201706 -0.315 102.117 -0.382
201709 -0.147 102.717 -0.177
201712 0.250 102.617 0.302
201803 0.621 102.917 0.747
201806 -0.637 104.017 -0.758
201809 -0.207 104.718 -0.245
201812 0.303 104.217 0.360
201903 0.695 104.217 0.825
201906 -0.333 105.718 -0.390
201909 0.247 106.018 0.288
201912 0.119 105.818 0.139
202003 0.745 105.718 0.872
202006 0.221 106.618 0.257
202009 0.102 105.818 0.119
202012 0.384 105.518 0.450
202103 0.443 107.518 0.510
202106 -0.002 108.486 -0.002
202109 0.241 109.435 0.273
202112 0.505 110.384 0.566
202203 0.596 113.968 0.647
202206 -0.291 115.760 -0.311
202209 0.188 118.818 0.196
202212 0.367 119.345 0.381
202303 0.302 122.402 0.305
202306 -0.356 123.140 -0.358
202309 0.246 124.195 0.245
202312 0.397 123.773 0.397

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


USU Software AG  (LTS:0NEY) 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.

USU Software AG's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=18.15/0.83
=21.87

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of USU Software AG was 53.74. The lowest was 18.75. And the median was 30.46.


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.


USU Software AG Cyclically Adjusted FCF per Share Related Terms

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


USU Software AG (LTS:0NEY) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » USU Software AG (LTS:0NEY) » Definitions » Cyclically Adjusted FCF per Share
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Address
Spitalhof, Moglingen, DEU, 71696
USU Software AG along with its subsidiaries provides IT and knowledge management software. The company organizes its operations into two main segments: Product Business and Service Business. The Product Business segment includes infrastructure management, service/change management, finance management, process management, and knowledge management. The Service Business segment encompasses consulting services for IT projects and individual application development. It derives the majority of its revenue from the Product Business segment. Its customers are based in Germany and operate in the fields of financial services, telecommunications, the automotive industry, consumer goods, services, and trade, as well as the public sector.

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