GURUFOCUS.COM » STOCK LIST » Technology » Software » Blackbaud Inc (STU:BNK) » Definitions » Cyclically Adjusted Price-to-FCF

Blackbaud (STU:BNK) Cyclically Adjusted Price-to-FCF : 26.08 (As of May. 24, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Blackbaud Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Blackbaud's current share price is €72.50. Blackbaud's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €2.78. Blackbaud's Cyclically Adjusted Price-to-FCF for today is 26.08.

The historical rank and industry rank for Blackbaud's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

STU:BNK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 15.14   Med: 30.68   Max: 60.08
Current: 25.75

During the past years, Blackbaud's highest Cyclically Adjusted Price-to-FCF was 60.08. The lowest was 15.14. And the median was 30.68.

STU:BNK's Cyclically Adjusted Price-to-FCF is ranked better than
55.18% of 656 companies
in the Software industry
Industry Median: 29.52 vs STU:BNK: 25.75

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Blackbaud's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.883. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €2.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Blackbaud Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Blackbaud'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.

* Premium members only.

Blackbaud Cyclically Adjusted Price-to-FCF Chart

Blackbaud Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.62 25.74 30.97 20.74 29.45

Blackbaud Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.05 24.34 23.06 29.45 24.10

Competitive Comparison of Blackbaud's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Blackbaud'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.


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

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

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



Blackbaud 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.

Blackbaud's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=72.50/2.78
=26.08

* 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.

Blackbaud's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Blackbaud's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.883/131.7762*131.7762
=0.883

Current CPI (Mar. 2024) = 131.7762.

Blackbaud Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.481 100.560 0.630
201409 0.593 100.428 0.778
201412 0.414 99.070 0.551
201503 -0.028 99.621 -0.037
201506 0.672 100.684 0.880
201509 0.583 100.392 0.765
201512 0.609 99.792 0.804
201603 -0.131 100.470 -0.172
201606 0.582 101.688 0.754
201609 0.782 101.861 1.012
201612 0.878 101.863 1.136
201703 0.068 102.862 0.087
201706 0.594 103.349 0.757
201709 1.036 104.136 1.311
201712 0.763 104.011 0.967
201803 -0.019 105.290 -0.024
201806 0.741 106.317 0.918
201809 1.029 106.507 1.273
201812 0.930 105.998 1.156
201903 -0.419 107.251 -0.515
201906 0.698 108.070 0.851
201909 1.171 108.329 1.424
201912 0.854 108.420 1.038
202003 -0.715 108.902 -0.865
202006 0.885 108.767 1.072
202009 0.719 109.815 0.863
202012 0.416 109.897 0.499
202103 0.307 111.754 0.362
202106 0.970 114.631 1.115
202109 1.019 115.734 1.160
202112 0.546 117.630 0.612
202203 0.134 121.301 0.146
202206 0.724 125.017 0.763
202209 1.748 125.227 1.839
202212 -0.068 125.222 -0.072
202303 0.116 127.348 0.120
202306 0.637 128.729 0.652
202309 1.916 129.860 1.944
202312 -0.297 129.419 -0.302
202403 0.883 131.776 0.883

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.


Blackbaud  (STU:BNK) 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.


Blackbaud Cyclically Adjusted Price-to-FCF Related Terms

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


Blackbaud (STU:BNK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Blackbaud Inc (STU:BNK) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
65 Fairchild Street, Charleston, SC, USA, 29492
Founded in 1981, Blackbaud provides software solutions designed to serve the "social good" community, including nonprofits, foundations, corporations, educational institutions, healthcare institutions, and individual change agents. Through M&A and organic product development efforts, the company has also moved into related areas outside of core fund raising, notably into K-12 schools. The firm enables more than $100 billion in donations annually across a customer base in excess of 40,000 customers in over 100 countries.

Blackbaud (STU:BNK) Headlines

No Headlines