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Text (WAR:TXT) Cyclically Adjusted Price-to-FCF : 22.79 (As of May. 23, 2024)


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What is Text Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Text's current share price is zł90.70. Text's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was zł3.98. Text's Cyclically Adjusted Price-to-FCF for today is 22.79.

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

WAR:TXT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.01   Med: 33.81   Max: 45.49
Current: 23.15

During the past years, Text's highest Cyclically Adjusted Price-to-FCF was 45.49. The lowest was 22.01. And the median was 33.81.

WAR:TXT's Cyclically Adjusted Price-to-FCF is ranked better than
58.95% of 648 companies
in the Software industry
Industry Median: 29.58 vs WAR:TXT: 23.15

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.

Text's adjusted free cash flow per share data for the three months ended in Dec. 2023 was zł4.378. 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 zł3.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Text Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Text'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.

Text Cyclically Adjusted Price-to-FCF Chart

Text Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 44.18

Text Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 44.18 37.71 41.30 29.07

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

For the Software - Application subindustry, Text'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.


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

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

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



Text 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=90.70/3.98
=22.79

* 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.

Text's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Text's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.378/147.7411*147.7411
=4.378

Current CPI (Dec. 2023) = 147.7411.

Text Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.110 101.262 0.160
201406 0.126 101.180 0.184
201409 0.165 100.611 0.242
201412 0.133 100.122 0.196
201503 0.203 100.041 0.300
201506 0.214 100.448 0.315
201509 0.258 99.634 0.383
201512 0.304 99.471 0.452
201603 0.247 98.983 0.369
201606 0.338 99.552 0.502
201609 0.328 99.064 0.489
201612 0.436 100.366 0.642
201703 0.421 101.018 0.616
201706 0.367 101.180 0.536
201709 0.410 101.343 0.598
201712 0.469 102.564 0.676
201803 0.419 102.564 0.604
201806 0.513 103.378 0.733
201809 0.413 103.378 0.590
201812 0.568 103.785 0.809
201903 0.467 104.274 0.662
201906 0.430 105.983 0.599
201909 0.594 105.983 0.828
201912 0.648 107.123 0.894
202003 0.593 109.076 0.803
202006 0.830 109.402 1.121
202009 0.772 109.320 1.043
202012 1.011 109.565 1.363
202103 0.987 112.658 1.294
202106 1.441 113.960 1.868
202109 1.231 115.588 1.573
202112 0.740 119.088 0.918
202203 0.416 125.031 0.492
202206 1.258 131.705 1.411
202209 1.447 135.531 1.577
202212 4.642 139.113 4.930
202303 1.662 145.950 1.682
202306 1.576 147.009 1.584
202309 1.404 146.113 1.420
202312 4.378 147.741 4.378

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.


Text  (WAR:TXT) 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.


Text Cyclically Adjusted Price-to-FCF Related Terms

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


Text (WAR:TXT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Text SA (WAR:TXT) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
ul. Zwycieska 47, Wroclaw, POL, 53-033
Text SA is a Poland-based company offering services in the SaaS (Software as a Service) model supporting sales and customer service. The company provides better customer service at scale by analyzing, enriching, and automating text communication. It has developed LiveChat, a tool used for direct communication between the website visitor and its owner. For the end user, it has the form of a chat window placed on the website, ChatBot, an all-in-one platform to build and launch conversational chatbots without coding; HelpDesk that supports customers with tickets; KnowledgeBase and OpenWidget.