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Asseco Business Solutions (WAR:ABS) Cyclically Adjusted Price-to-FCF : 22.52 (As of May. 26, 2024)


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What is Asseco Business Solutions Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Asseco Business Solutions's current share price is zł59.00. Asseco Business Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was zł2.62. Asseco Business Solutions's Cyclically Adjusted Price-to-FCF for today is 22.52.

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

WAR:ABS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.04   Med: 22.52   Max: 28.36
Current: 22.51

During the past years, Asseco Business Solutions's highest Cyclically Adjusted Price-to-FCF was 28.36. The lowest was 13.04. And the median was 22.52.

WAR:ABS's Cyclically Adjusted Price-to-FCF is ranked better than
59.15% of 661 companies
in the Software industry
Industry Median: 29.5 vs WAR:ABS: 22.51

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.

Asseco Business Solutions's adjusted free cash flow per share data for the three months ended in Mar. 2024 was zł0.635. 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 zł2.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asseco Business Solutions Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Asseco Business Solutions'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.

Asseco Business Solutions Cyclically Adjusted Price-to-FCF Chart

Asseco Business Solutions 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 21.70 24.66 24.60 14.73 18.81

Asseco Business Solutions 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 15.76 16.26 16.71 18.81 20.45

Competitive Comparison of Asseco Business Solutions's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Asseco Business Solutions'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.


Asseco Business Solutions's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Asseco Business Solutions 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.

Asseco Business Solutions's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=59.00/2.62
=22.52

* 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.

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

For example, Asseco Business Solutions'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)
=0.635/149.0435*149.0435
=0.635

Current CPI (Mar. 2024) = 149.0435.

Asseco Business Solutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.139 101.180 0.205
201409 0.211 100.611 0.313
201412 0.351 100.122 0.523
201503 0.137 100.041 0.204
201506 0.171 100.448 0.254
201509 0.286 99.634 0.428
201512 0.469 99.471 0.703
201603 0.184 98.983 0.277
201606 0.236 99.552 0.353
201609 0.278 99.064 0.418
201612 0.405 100.366 0.601
201703 0.249 101.018 0.367
201706 0.249 101.180 0.367
201709 0.318 101.343 0.468
201712 0.696 102.564 1.011
201803 0.486 102.564 0.706
201806 0.313 103.378 0.451
201809 0.512 103.378 0.738
201812 0.689 103.785 0.989
201903 0.585 104.274 0.836
201906 0.538 105.983 0.757
201909 0.529 105.983 0.744
201912 1.027 107.123 1.429
202003 0.499 109.076 0.682
202006 0.537 109.402 0.732
202009 0.597 109.320 0.814
202012 1.086 109.565 1.477
202103 0.378 112.658 0.500
202106 0.422 113.960 0.552
202109 0.586 115.588 0.756
202112 0.818 119.088 1.024
202203 0.795 125.031 0.948
202206 0.361 131.705 0.409
202209 0.614 135.531 0.675
202212 0.991 139.113 1.062
202303 0.571 145.950 0.583
202306 0.324 147.009 0.328
202309 0.728 146.113 0.743
202312 1.142 147.741 1.152
202403 0.635 149.044 0.635

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.


Asseco Business Solutions  (WAR:ABS) 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.


Asseco Business Solutions Cyclically Adjusted Price-to-FCF Related Terms

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


Asseco Business Solutions (WAR:ABS) Business Description

Industry
Traded in Other Exchanges
Address
ul. Konrada Wallenroda 4c, Lublin, POL, 20-607
Asseco Business Solutions SA serves as a Competence Centre accountable for the development of ERP software, mobile reporting systems (SFA), factoring systems and software for SMEs. Its offering also includes the provision, adaptation, and configuration of business applications for enterprises, design, and construction of infrastructure at the client or in the outsourcing model, providing equipment and system software of renowned partners, training for client's personnel, service and remote support for users. The company generates most of its revenue from its ERP Systems segment mainly in Poland.

Asseco Business Solutions (WAR:ABS) Headlines

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