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Altitude Group (LSE:ALT) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Altitude Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Altitude Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Altitude Group'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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Altitude Group Cyclically Adjusted Price-to-FCF Chart

Altitude Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Altitude Group Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Altitude Group's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Altitude Group'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.


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

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

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



Altitude Group 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.

Altitude Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Altitude Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.006/126.8000*126.8000
=0.006

Current CPI (Mar23) = 126.8000.

Altitude Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 -0.006 97.300 -0.008
201312 -0.028 99.200 -0.036
201412 -0.027 99.900 -0.034
201512 -0.021 100.400 -0.027
201612 0.004 102.200 0.005
201712 -0.019 105.000 -0.023
201812 -0.057 107.100 -0.067
202103 -0.004 109.700 -0.005
202203 -0.015 116.500 -0.016
202303 0.006 126.800 0.006

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.


Altitude Group  (LSE:ALT) 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.


Altitude Group Cyclically Adjusted Price-to-FCF Related Terms

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Altitude Group (LSE:ALT) Business Description

Industry
Traded in Other Exchanges
Address
32 Eyre Street, 7th Floor, Sheffield City Centre, Sheffield, GBR, S1 4QZ
Altitude Group PLC operates a technology and information business providing services to the promotional merchandising and print industries across North America and the United Kingdom. The company enables the buyers and sellers of products to interact and trade, through the provision of technology, catalogues, and exhibition services, in the promotional merchandising and printing sectors. Its service portfolio comprises technology services such as cloud and server-based software, website solution, information service solution. It derives mainly of its revenue from North America.