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Track Data (Track Data) Cyclically Adjusted Price-to-FCF : (As of May. 09, 2024)


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What is Track Data Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Track Data Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Track Data'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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Track Data Cyclically Adjusted Price-to-FCF Chart

Track Data Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Cyclically Adjusted Price-to-FCF
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Track Data Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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Competitive Comparison of Track Data's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Track Data'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.


Track Data's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Track Data's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Track Data 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.

Track Data's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2009 is calculated as:

For example, Track Data's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2009 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2009 (Change)*Current CPI (Sep. 2009)
=26.774/91.1196*91.1196
=26.774

Current CPI (Sep. 2009) = 91.1196.

Track Data Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
199912 -4.545 71.008 -5.832
200003 -20.709 72.231 -26.124
200006 -14.488 72.737 -18.149
200009 15.620 73.286 19.421
200012 23.600 73.413 29.292
200103 164.414 74.341 201.523
200106 90.836 75.100 110.212
200109 -71.026 75.227 -86.031
200112 -133.598 74.552 -163.288
200203 10.518 75.438 12.704
200206 21.774 75.902 26.140
200209 -8.838 76.366 -10.545
200212 21.971 76.324 26.230
200303 22.020 77.716 25.818
200306 7.100 77.505 8.347
200309 15.235 78.138 17.766
200312 3.051 77.758 3.575
200403 -8.265 79.066 -9.525
200406 -6.041 80.037 -6.878
200409 -9.753 80.121 -11.092
200412 -46.227 80.290 -52.462
200503 -35.708 81.555 -39.896
200506 2.526 82.062 2.805
200509 18.785 83.876 20.407
200512 0.694 83.032 0.762
200603 -6.667 84.298 -7.207
200606 1.381 85.606 1.470
200609 15.310 85.606 16.296
200612 -6.726 85.142 -7.198
200703 -4.143 86.640 -4.357
200706 3.000 87.906 3.110
200709 -8.286 87.964 -8.583
200712 1.238 88.616 1.273
200803 17.131 90.090 17.327
200806 11.131 92.320 10.986
200809 1.012 92.307 0.999
200812 2.762 88.697 2.837
200903 -3.214 89.744 -3.263
200906 -37.226 91.003 -37.274
200909 26.774 91.120 26.774

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.


Track Data  (OTCPK:TRAC) 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.


Track Data Cyclically Adjusted Price-to-FCF Related Terms

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


Track Data (Track Data) Business Description

Traded in Other Exchanges
N/A
Address
95 Rockwell Place, Brooklyn, NY, USA, 11217
Track Data Corp is a financial services company. It provides real-time financial market data, fundamental research, charting and analytical services to institutional and individual investors through telecommunication lines and the Internet.
Executives
E Bruce Fredrikson director 95 ROCKWELL PLACE, NEW YORK NY 11217
Abraham Biderman director C/O LIPPER & CO, 101 PARK AVE 6TH FLOOR, NEW YORK NY 10179
Charles Zabatta director C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Stanley Stern director, officer: Senior Vice President C/O THCG, INC, 650 MADISON AVENUE, 21ST FL, NEW YORK NY 10022

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