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Marin Software (Marin Software) Cyclically Adjusted Price-to-FCF : (As of May. 01, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Marin Software Cyclically Adjusted Price-to-FCF Historical Data

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

Marin Software Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Marin Software Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Marin Software's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Marin 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.


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

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

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



Marin 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.

Marin Software's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Marin Software's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.746/129.4194*129.4194
=-0.746

Current CPI (Dec. 2023) = 129.4194.

Marin Software Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -11.051 99.695 -14.346
201406 -10.306 100.560 -13.264
201409 -9.931 100.428 -12.798
201412 -9.198 99.070 -12.016
201503 -8.166 99.621 -10.609
201506 -12.339 100.684 -15.861
201509 -9.419 100.392 -12.142
201512 5.939 99.792 7.702
201603 -1.288 100.470 -1.659
201606 -0.244 101.688 -0.311
201609 1.069 101.861 1.358
201612 0.610 101.863 0.775
201703 -1.432 102.862 -1.802
201706 -1.209 103.349 -1.514
201709 -3.753 104.136 -4.664
201712 -1.475 104.011 -1.835
201803 -5.977 105.290 -7.347
201806 -5.388 106.317 -6.559
201809 -2.235 106.507 -2.716
201812 -2.717 105.998 -3.317
201903 -2.264 107.251 -2.732
201906 0.846 108.070 1.013
201909 -0.225 108.329 -0.269
201912 -2.038 108.420 -2.433
202003 -2.023 108.902 -2.404
202006 -0.682 108.767 -0.811
202009 -2.443 109.815 -2.879
202012 -1.123 109.897 -1.322
202103 -1.553 111.754 -1.798
202106 -0.407 114.631 -0.460
202109 -1.167 115.734 -1.305
202112 -1.161 117.630 -1.277
202203 -1.961 121.301 -2.092
202206 -1.579 125.017 -1.635
202209 -2.039 125.227 -2.107
202212 -1.928 125.222 -1.993
202303 -1.487 127.348 -1.511
202306 -1.595 128.729 -1.604
202309 -1.757 129.860 -1.751
202312 -0.746 129.419 -0.746

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.


Marin Software  (NAS:MRIN) 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.


Marin Software Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Marin Software's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Marin Software (Marin Software) Business Description

Industry
Traded in Other Exchanges
Address
845 Market Street, Suite 450, San Francisco, CA, USA, 94103
Marin Software Inc provides a cloud-based digital advertising management solution for search, display, social and mobile advertising channels to improve financial performance, realize efficiencies and time savings and improve business decisions. The company's enterprise marketing software platform is offered as an integrated software-as-a-service (SaaS) solution for advertisers and agencies. Its software solution is designed to help its customers measure the effectiveness of their advertising campaigns through its reporting and analytics capabilities; manage and execute campaigns through its user interface and underlying technology that streamlines and automates functions. All the business activity of the firm is functioned through the geographical regions of The United States.
Executives
Robert Bertz officer: CFO 123 MISSION STREET, 27TH FLOOR, SAN FRANCISCO CA 94105
Christopher A. Lien director, officer: Chief Executive Officer C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Diena Lee Mann director C/O MARIN SOFTWARE INC., 123 MISSION ST, 25TH FLOOR, SAN FRANCISCO CA 94105
Brian K Kinion director C/O MARKETO INC., 901 MARINERS ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Donald P. Hutchison director C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94104
Wister Walcott officer: EVP, Products and Platform C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
L Gordon Crovitz director
Esw Capital, Llc 10 percent owner 401 CONGRESS AVENUE, SUITE 2650, AUSTIN TX 78701
Joseph Liemandt 10 percent owner 5001 PLAZA ON THE LAKE, AUSTIN TX 78746
Yagnesh Patel officer: VP,InterimPrinFin&AcctgOff C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Bradley Kinnish officer: VP Finance, Acting CFO C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Bruce Dunlevie director, 10 percent owner 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Catriona M. Fallon officer: Chief Financial Officer C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Jugnu Bhatia officer: Controller,InterimPrinAcctgOff C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Parveen Nandal officer: VP Fin,InterimPrinFinanOff C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105