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VIQ Solutions (TSX:VQS) Cyclically Adjusted FCF per Share : C$-0.30 (As of Sep. 2023)


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What is VIQ Solutions 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.

VIQ Solutions's adjusted free cash flow per share for the three months ended in Sep. 2023 was C$-0.066. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$-0.30 for the trailing ten years ended in Sep. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -6.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -9.60% 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 VIQ Solutions was 12.60% per year. The lowest was -24.20% per year. And the median was -7.25% per year.

As of today (2024-06-09), VIQ Solutions's current stock price is C$0.24. VIQ Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was C$-0.30. VIQ Solutions's Cyclically Adjusted Price-to-FCF of today is .


VIQ Solutions Cyclically Adjusted FCF per Share Historical Data

The historical data trend for VIQ Solutions'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.

VIQ Solutions Cyclically Adjusted FCF per Share Chart

VIQ Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.20 -0.23 -0.18 -0.25 -0.28

VIQ Solutions Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.28 -0.28 -0.30 -0.30 -0.30

Competitive Comparison of VIQ Solutions's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, VIQ Solutions'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.


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

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

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



VIQ Solutions 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, VIQ Solutions's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.066/125.2304*125.2304
=-0.066

Current CPI (Sep. 2023) = 125.2304.

VIQ Solutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.061 96.945 -0.079
201403 -0.029 98.604 -0.037
201406 -0.071 99.473 -0.089
201409 0.030 99.394 0.038
201412 -0.072 98.367 -0.092
201503 -0.053 99.789 -0.067
201506 -0.068 100.500 -0.085
201509 -0.052 100.421 -0.065
201512 -0.039 99.947 -0.049
201603 -0.058 101.054 -0.072
201606 -0.052 102.002 -0.064
201609 -0.131 101.765 -0.161
201612 0.099 101.449 0.122
201703 -0.105 102.634 -0.128
201706 -0.103 103.029 -0.125
201709 -0.094 103.345 -0.114
201712 -0.089 103.345 -0.108
201803 -0.224 105.004 -0.267
201806 -0.043 105.557 -0.051
201809 -0.184 105.636 -0.218
201812 -0.096 105.399 -0.114
201903 -0.082 106.979 -0.096
201906 -0.202 107.690 -0.235
201909 -0.008 107.611 -0.009
201912 -0.032 107.769 -0.037
202003 -0.027 107.927 -0.031
202006 0.219 108.401 0.253
202009 -0.036 108.164 -0.042
202012 -0.036 108.559 -0.042
202103 -0.074 110.298 -0.084
202106 -0.156 111.720 -0.175
202109 -0.097 112.905 -0.108
202112 -0.172 113.774 -0.189
202203 -0.058 117.646 -0.062
202206 0.015 120.806 0.016
202209 -0.117 120.648 -0.121
202212 -0.058 120.964 -0.060
202303 -0.054 122.702 -0.055
202306 -0.004 124.203 -0.004
202309 -0.066 125.230 -0.066

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


VIQ Solutions  (TSX:VQS) 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.


VIQ Solutions Cyclically Adjusted FCF per Share Related Terms

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


VIQ Solutions (TSX:VQS) Business Description

Industry
Traded in Other Exchanges
Address
5915 Airport Road, Suite 700, Mississauga, ON, CAN, L4V 1T1
VIQ Solutions Inc operates as a technology and service platform provider for digital evidence capture, retrieval, and content management in Australia, the United Kingdom, Canada, the United States, and internationally. The reportable segments of the company are technology and related revenue which develops, distributes, and licenses computer-based digital solutions, and the technology services which provide recording and transcription services.
Executives
Yixin (shing) Pan Director

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