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Ultrapay Limited (ASX:ULT) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is Ultrapay Limited Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ultrapay Limited Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ultrapay Limited's Cyclically Adjusted Price-to-FCF 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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Ultrapay Limited Cyclically Adjusted Price-to-FCF Chart

Ultrapay Limited Annual Data
Trend Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06
Cyclically Adjusted Price-to-FCF
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Ultrapay Limited Semi-Annual Data
Dec96 Jun97 Dec98 Jun99 Dec99 Jun00 Dec00 Jun01 Dec01 Jun02 Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06
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Competitive Comparison of Ultrapay Limited's Cyclically Adjusted Price-to-FCF

For the Consumer Electronics subindustry, Ultrapay Limited'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.


Ultrapay Limited's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Ultrapay Limited Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Ultrapay Limited's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun06 is calculated as:

For example, Ultrapay Limited's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun06 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun06 (Change)*Current CPI (Jun06)
=-0.047/79.7771*79.7771
=-0.047

Current CPI (Jun06) = 79.7771.

Ultrapay Limited Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
199706 -0.305 62.131 -0.392
199806 -1.080 62.596 -1.376
199906 -0.531 63.246 -0.670
200006 -0.374 65.196 -0.458
200106 -0.212 69.190 -0.244
200206 -0.075 71.140 -0.084
200306 -0.012 72.997 -0.013
200406 -0.031 74.855 -0.033
200506 -0.118 76.712 -0.123
200606 -0.047 79.777 -0.047

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


Ultrapay Limited  (ASX:ULT) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Ultrapay Limited Cyclically Adjusted Price-to-FCF Related Terms

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Ultrapay Limited (ASX:ULT) Business Description

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