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Smartspace Software (LSE:SMRT) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is Smartspace Software Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Smartspace Software Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Smartspace Software'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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Smartspace Software Cyclically Adjusted Price-to-FCF Chart

Smartspace Software Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted Price-to-FCF
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Smartspace Software Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23
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Competitive Comparison of Smartspace Software's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Smartspace Software'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.


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

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

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



Smartspace Software 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.

Smartspace Software's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jan23 is calculated as:

For example, Smartspace Software's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jan23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan23 (Change)*Current CPI (Jan23)
=-0.026/124.8000*124.8000
=-0.026

Current CPI (Jan23) = 124.8000.

Smartspace Software Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201401 -0.189 98.700 -0.239
201501 -0.587 99.200 -0.738
201601 -0.251 99.900 -0.314
201701 0.003 101.800 0.004
201801 -0.219 104.500 -0.262
201901 -0.267 106.400 -0.313
202001 -0.327 108.300 -0.377
202101 -0.077 109.300 -0.088
202201 -0.069 114.600 -0.075
202301 -0.026 124.800 -0.026

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.


Smartspace Software  (LSE:SMRT) 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.


Smartspace Software Cyclically Adjusted Price-to-FCF Related Terms

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Smartspace Software (LSE:SMRT) Business Description

Industry
Traded in Other Exchanges
Address
4 Fordham House Court, Fordham House Estate, Fordham, Cambridgeshire, GBR, CB7 5LL
Smartspace Software PLC is engaged in the development and sale of software products. It is also engaged in the sale and installation of audio-visual hardware products. It operates through the following segments SwipedOn, and Space Connect. The firm generates the majority of revenue from the SwipedOn segment which is engaged in the sale and support of self-service visitor management software to customers throughout the world.