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Cass Information Systems (STU:CC3) Cyclically Adjusted FCF per Share : €2.61 (As of Mar. 2024)


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What is Cass Information Systems 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.

Cass Information Systems's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.412. 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 €2.61 for the trailing ten years ended in Mar. 2024.

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 7.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 7.70% 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 Cass Information Systems was 15.60% per year. The lowest was 6.20% per year. And the median was 8.50% per year.

As of today (2024-05-26), Cass Information Systems's current stock price is €39.20. Cass Information Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.61. Cass Information Systems's Cyclically Adjusted Price-to-FCF of today is 15.02.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Cass Information Systems was 37.28. The lowest was 12.10. And the median was 23.71.


Cass Information Systems Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cass Information Systems'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.

Cass Information Systems Cyclically Adjusted FCF per Share Chart

Cass Information Systems 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 - 1.89 2.28 2.57 2.61

Cass Information Systems 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 2.63 2.61 2.76 2.61 2.61

Competitive Comparison of Cass Information Systems's Cyclically Adjusted FCF per Share

For the Specialty Business Services subindustry, Cass Information Systems'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.


Cass Information Systems's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Cass Information Systems's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Cass Information Systems 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, Cass Information Systems'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)
=0.412/131.7762*131.7762
=0.412

Current CPI (Mar. 2024) = 131.7762.

Cass Information Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.372 100.560 0.487
201409 0.410 100.428 0.538
201412 0.253 99.070 0.337
201503 0.500 99.621 0.661
201506 0.313 100.684 0.410
201509 0.461 100.392 0.605
201512 0.381 99.792 0.503
201603 0.363 100.470 0.476
201606 0.540 101.688 0.700
201609 0.416 101.861 0.538
201612 0.537 101.863 0.695
201703 0.297 102.862 0.380
201706 0.882 103.349 1.125
201709 0.316 104.136 0.400
201712 0.545 104.011 0.690
201803 0.912 105.290 1.141
201806 0.317 106.317 0.393
201809 0.719 106.507 0.890
201812 0.538 105.998 0.669
201903 0.950 107.251 1.167
201906 0.565 108.070 0.689
201909 0.787 108.329 0.957
201912 0.092 108.420 0.112
202003 1.103 108.902 1.335
202006 0.821 108.767 0.995
202009 0.414 109.815 0.497
202012 0.420 109.897 0.504
202103 0.913 111.754 1.077
202106 0.233 114.631 0.268
202109 0.483 115.734 0.550
202112 0.139 117.630 0.156
202203 0.837 121.301 0.909
202206 1.024 125.017 1.079
202209 0.648 125.227 0.682
202212 0.630 125.222 0.663
202303 0.494 127.348 0.511
202306 0.216 128.729 0.221
202309 0.640 129.860 0.649
202312 0.174 129.419 0.177
202403 0.412 131.776 0.412

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


Cass Information Systems  (STU:CC3) 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.

Cass Information Systems's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=39.20/2.61
=15.02

* 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 Cass Information Systems was 37.28. The lowest was 12.10. And the median was 23.71.


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.


Cass Information Systems Cyclically Adjusted FCF per Share Related Terms

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


Cass Information Systems (STU:CC3) Business Description

Traded in Other Exchanges
Address
12444 Powerscourt Drive, Suite 550, St. Louis, MO, USA, 63131
Cass Information Systems Inc is a provider of payment and information processing services to large manufacturing, distribution and retail enterprises across the United States. The company provides transportation invoice rating, payment processing, auditing, accounting, and transportation information. It is also a processor and payer of energy invoices, including electricity, gas, waste, and other facility-related expenses. It operates in two segments: Information Services and Banking Services. The firm generates maximum revenue from the Information Services segment.

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