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Digicore Holdings (JSE:DGC) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is Digicore Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Digicore Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Digicore Holdings'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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Digicore Holdings Cyclically Adjusted Price-to-FCF Chart

Digicore Holdings Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Cyclically Adjusted Price-to-FCF
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Digicore Holdings Semi-Annual Data
Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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Competitive Comparison of Digicore Holdings's Cyclically Adjusted Price-to-FCF

For the Scientific & Technical Instruments subindustry, Digicore Holdings'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.


Digicore Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Digicore Holdings 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.

Digicore Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun14 is calculated as:

For example, Digicore Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun14 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun14 (Change)*Current CPI (Jun14)
=0.191/95.8125*95.8125
=0.191

Current CPI (Jun14) = 95.8125.

Digicore Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200506 0.076 56.725 0.128
200606 0.000 58.651 0.000
200706 0.101 62.187 0.156
200806 0.355 68.780 0.495
200906 -0.207 73.685 -0.269
201006 0.124 76.628 0.155
201106 -0.016 80.552 -0.019
201206 -0.150 85.021 -0.169
201306 -0.057 89.708 -0.061
201406 0.191 95.813 0.191

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.


Digicore Holdings  (JSE:DGC) 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.


Digicore Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Digicore Holdings (JSE:DGC) Business Description

Industry
Traded in Other Exchanges
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Address
Digicore Holdings Limited provides machine (M2M) communication and telematics solutions. The company researches, designs, develop, manufactures, sells and supports tailored solutions for customers.

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