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Computer Modelling Group (TSX:CMG) Cyclically Adjusted Price-to-FCF : 31.03 (As of May. 26, 2024)


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What is Computer Modelling Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Computer Modelling Group's current share price is C$12.41. Computer Modelling Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was C$0.40. Computer Modelling Group's Cyclically Adjusted Price-to-FCF for today is 31.03.

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

TSX:CMG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.16   Med: 25.97   Max: 71.52
Current: 31.36

During the past years, Computer Modelling Group's highest Cyclically Adjusted Price-to-FCF was 71.52. The lowest was 10.16. And the median was 25.97.

TSX:CMG's Cyclically Adjusted Price-to-FCF is not ranked
in the Software industry.
Industry Median: 29.5 vs TSX:CMG: 31.36

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.

Computer Modelling Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was C$0.255. 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 C$0.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Computer Modelling Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Computer Modelling 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.

* Premium members only.

Computer Modelling Group Cyclically Adjusted Price-to-FCF Chart

Computer Modelling Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.38 15.65 14.08 18.91 25.70

Computer Modelling Group 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 18.91 17.78 21.87 - 25.70

Competitive Comparison of Computer Modelling Group's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Computer Modelling 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.


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

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

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



Computer Modelling 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.

Computer Modelling Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.41/0.4
=31.03

* 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.

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

For example, Computer Modelling Group'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)
=0.255/126.2576*126.2576
=0.255

Current CPI (Mar. 2024) = 126.2576.

Computer Modelling Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.086 99.473 0.109
201409 0.050 99.394 0.064
201412 0.144 98.367 0.185
201503 0.209 99.789 0.264
201506 0.116 100.500 0.146
201509 0.009 100.421 0.011
201512 0.077 99.947 0.097
201603 0.174 101.054 0.217
201606 0.113 102.002 0.140
201609 0.022 101.765 0.027
201612 -0.080 101.449 -0.100
201703 0.164 102.634 0.202
201706 0.099 103.029 0.121
201709 -0.055 103.345 -0.067
201712 0.044 103.345 0.054
201803 0.236 105.004 0.284
201806 0.055 105.557 0.066
201809 0.002 105.636 0.002
201812 0.017 105.399 0.020
201903 0.208 106.979 0.245
201906 0.059 107.690 0.069
201909 0.057 107.611 0.067
201912 -0.024 107.769 -0.028
202003 0.150 107.927 0.175
202006 0.187 108.401 0.218
202009 -0.036 108.164 -0.042
202012 -0.006 108.559 -0.007
202103 0.179 110.298 0.205
202106 0.120 111.720 0.136
202109 -0.027 112.905 -0.030
202112 0.050 113.774 0.055
202203 0.204 117.646 0.219
202206 -0.003 120.806 -0.003
202209 0.071 120.648 0.074
202212 0.092 120.964 0.096
202303 0.134 122.702 0.138
202306 0.014 124.203 0.014
202309 0.157 125.230 0.158
202312 0.000 125.072 0.000
202403 0.255 126.258 0.255

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.


Computer Modelling Group  (TSX:CMG) 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.


Computer Modelling Group Cyclically Adjusted Price-to-FCF Related Terms

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


Computer Modelling Group (TSX:CMG) Business Description

Industry
Traded in Other Exchanges
Address
3710 33 Street N.W., Calgary, AB, CAN, T2L 2M1
Computer Modelling Group Ltd is a Canada-based provider of reservoir simulation software for the oil and gas industry. Its capabilities include integrated analysis and optimization, black oil and unconventional simulation, reservoir and production system modelling, post-processor visualization, compositional simulation, thermal processes simulation, and fluid property characterization. The firm has operations in Americas, Europe, Middle East, Africa, and Asia-Pacific regions.
Executives
Robert David Hicks Senior Officer