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Cube ITG (WAR:CTG) Cyclically Adjusted Price-to-FCF : (As of May. 25, 2024)


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What is Cube ITG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cube ITG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cube ITG'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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Cube ITG Cyclically Adjusted Price-to-FCF Chart

Cube ITG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Price-to-FCF
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Cube ITG Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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Competitive Comparison of Cube ITG's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Cube ITG'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.


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

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

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



Cube ITG 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.

Cube ITG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec18 is calculated as:

For example, Cube ITG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec18 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec18 (Change)*Current CPI (Dec18)
=-0.062/103.7851*103.7851
=-0.062

Current CPI (Dec18) = 103.7851.

Cube ITG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200912 -5.522 90.843 -6.309
201012 -1.890 93.692 -2.094
201112 -4.153 98.006 -4.398
201212 3.456 100.285 3.577
201312 -5.615 101.018 -5.769
201412 1.799 100.122 1.865
201512 5.311 99.471 5.541
201612 -4.106 100.366 -4.246
201712 0.199 102.564 0.201
201812 -0.062 103.785 -0.062

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.


Cube ITG  (WAR:CTG) 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.


Cube ITG Cyclically Adjusted Price-to-FCF Related Terms

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Cube ITG (WAR:CTG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Cube ITG SA (WAR:CTG) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
Ulica Wolowska 6, Wroclaw, POL, 51-116
Cube ITG SA offers products and services in the areas of automation, IT and professional electronics. The company also provides comprehensive automation of industrial & municipal heat & power generating plants, data transmission and computerized master control systems.