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CounterPath (TSX:PATH) Cyclically Adjusted FCF per Share : C$0.00 (As of Oct. 2020)


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What is CounterPath 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.

CounterPath's adjusted free cash flow per share for the three months ended in Oct. 2020 was C$0.129. 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 C$0.00 for the trailing ten years ended in Oct. 2020.

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.

As of today (2024-05-22), CounterPath's current stock price is C$4.44. CounterPath's Cyclically Adjusted FCF per Share for the quarter that ended in Oct. 2020 was C$0.00. CounterPath's Cyclically Adjusted Price-to-FCF of today is .


CounterPath Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CounterPath'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.

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CounterPath Cyclically Adjusted FCF per Share Chart

CounterPath Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20
Cyclically Adjusted FCF per Share
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CounterPath Quarterly Data
Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20
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Competitive Comparison of CounterPath's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, CounterPath'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.


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

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

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



CounterPath 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, CounterPath's adjusted Free Cash Flow per Share data for the three months ended in Oct. 2020 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Oct. 2020 (Change)*Current CPI (Oct. 2020)
=0.129/108.6384*108.6384
=0.129

Current CPI (Oct. 2020) = 108.6384.

CounterPath Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201101 -0.145 93.074 -0.169
201104 -0.022 94.654 -0.025
201107 -0.096 94.812 -0.110
201110 -0.211 95.444 -0.240
201201 0.202 95.365 0.230
201204 -0.016 96.550 -0.018
201207 -0.129 95.997 -0.146
201210 0.025 96.550 0.028
201301 0.242 95.839 0.274
201304 -0.353 96.945 -0.396
201307 0.039 97.261 0.044
201310 -0.446 97.182 -0.499
201401 -0.141 97.261 -0.157
201404 -0.182 98.920 -0.200
201407 -0.077 99.315 -0.084
201410 -0.390 99.473 -0.426
201501 -0.192 98.209 -0.212
201504 -0.317 99.710 -0.345
201507 -0.185 100.579 -0.200
201510 -0.165 100.500 -0.178
201601 -0.144 100.184 -0.156
201604 -0.146 101.370 -0.156
201607 0.007 101.844 0.007
201610 -0.067 102.002 -0.071
201701 -0.077 102.318 -0.082
201704 -0.092 103.029 -0.097
201707 -0.190 103.029 -0.200
201710 -0.178 103.424 -0.187
201801 -0.082 104.056 -0.086
201804 -0.128 105.320 -0.132
201807 -0.106 106.110 -0.109
201810 -0.224 105.952 -0.230
201901 -0.248 105.557 -0.255
201904 -0.198 107.453 -0.200
201907 -0.143 108.243 -0.144
201910 -0.081 107.927 -0.082
202001 -0.022 108.085 -0.022
202004 0.156 107.216 0.158
202007 0.184 108.401 0.184
202010 0.129 108.638 0.129

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


CounterPath  (TSX:PATH) 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.


CounterPath Cyclically Adjusted FCF per Share Related Terms

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


CounterPath (TSX:PATH) Business Description

Industry
Traded in Other Exchanges
N/A
Address
505 Burrard Street, Suite 300, One Bentall Centre, Vancouver, BC, CAN, V7X 1M3
CounterPath Corp designs develop and sell software and services that enable enterprises and telecommunication service providers to deliver Unified Communications (UC) services, including voice, video, messaging, and collaboration functionality. Its activities consisted primarily of selling IP telephony software and related services to telecom service providers, enterprises, and channel partners serving the telecom and enterprise segments.