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8x8 (EGHT) Cyclically Adjusted FCF per Share : $-0.16 (As of Mar. 2024)


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What is 8x8 Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

8x8's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.072. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-0.16 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -4.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of 8x8 was 67.10% per year. The lowest was -33.40% per year. And the median was 20.00% per year.

As of today (2024-05-16), 8x8's current stock price is $2.695. 8x8's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-0.16. 8x8's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of 8x8 was 2069.00. The lowest was 88.57. And the median was 148.42.


8x8 Cyclically Adjusted FCF per Share Historical Data

The historical data trend for 8x8's Cyclically Adjusted FCF per Share 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.

8x8 Cyclically Adjusted FCF per Share Chart

8x8 Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.14 -0.16 -0.19 -0.16

8x8 Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 -0.19 -0.18 -0.18 -0.16 -0.16

Competitive Comparison of 8x8's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, 8x8'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.


8x8's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, 8x8's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where 8x8's Cyclically Adjusted Price-to-FCF falls into.



8x8 Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, 8x8'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)
=0.072/131.7762*131.7762
=0.072

Current CPI (Mar. 2024) = 131.7762.

8x8 Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.040 100.560 0.052
201409 0.025 100.428 0.033
201412 0.032 99.070 0.043
201503 0.065 99.621 0.086
201506 0.035 100.684 0.046
201509 0.013 100.392 0.017
201512 0.074 99.792 0.098
201603 0.066 100.470 0.087
201606 0.047 101.688 0.061
201609 0.016 101.861 0.021
201612 0.066 101.863 0.085
201703 0.026 102.862 0.033
201706 0.019 103.349 0.024
201709 0.002 104.136 0.003
201712 0.024 104.011 0.030
201803 -0.041 105.290 -0.051
201806 -0.060 106.317 -0.074
201809 -0.141 106.507 -0.174
201812 -0.124 105.998 -0.154
201903 -0.197 107.251 -0.242
201906 -0.314 108.070 -0.383
201909 -0.364 108.329 -0.443
201912 -0.425 108.420 -0.517
202003 -0.514 108.902 -0.622
202006 -0.199 108.767 -0.241
202009 -0.123 109.815 -0.148
202012 -0.087 109.897 -0.104
202103 -0.042 111.754 -0.050
202106 -0.031 114.631 -0.036
202109 -0.013 115.734 -0.015
202112 0.040 117.630 0.045
202203 0.063 121.301 0.068
202206 0.021 125.017 0.022
202209 0.094 125.227 0.099
202212 0.108 125.222 0.114
202303 0.043 127.348 0.044
202306 0.195 128.729 0.200
202309 0.101 129.860 0.102
202312 0.148 129.419 0.151
202403 0.072 131.776 0.072

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


8x8  (NAS:EGHT) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of 8x8 was 2069.00. The lowest was 88.57. And the median was 148.42.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


8x8 Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of 8x8's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


8x8 (EGHT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » 8x8 Inc (NAS:EGHT) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
675 Creekside Way, Campbell, CA, USA, 95008
8x8 Inc provides contact-center-as-a-service and unified-communications-as-a-service software applications to approximately 2.5 million users. The company's unified platform enables omnichannel communication to assist employees in communicating across voice, video, text, chat, and contact centers. Geographically, it derives a majority of revenue from the United States.
Executives
Kevin Kraus officer: Interim Chief Financial Off. C/O 8X8 INC 675 CREEKSIDE WAY, CAMPBELL CA 95008
Suzy M Seandel officer: Chief Accounting Officer C/O 8X8 INC. 675 CREEKSIDE WAY, CAMPBELL CA 95008
Samuel C. Wilson officer: Chief Financial Officer C/O 8X8 INC, 675 CREEKSIDE WAY, CAMPBELL CA 95008
Laurence Denny officer: Chief Legal Officer C/O 8X8 INC 675 CREEKSIDE WAY, CAMPBELL CA 95008
Hunter Middleton officer: Chief Product Officer C/O 8X8 INC 675 CREEKSIDE WAY, CAMPBELL CA 95008
Elizabeth Harriet Theophille director 26 FURFELDERSTRASSE, RIEHEN V8 4125
Daniel Patrick Gibson 10 percent owner 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Sylebra Capital Ltd 10 percent owner 28 HENNESSY ROAD, 20TH FLOOR, WAN CHAI, HONG KONG K3 00000
Eric Salzman director C/O 8X8 INC., 675 CREEKSIDE WAY, CAMPCALL CA 95008
Matthew Zinn officer: SVP-GC,Secretary and CPO 2160 GOLD STREET, ALVISO CA 95002
David Sipes officer: Chief Executive Officer 1400 FASHION ISLAND BLVD.,, SUITE 7TH FLOOR, SAN MATEO CA 94404
Stephanie Garcia officer: Chief Human Resources Officer C/O 8X8 INC 675 CREEKSIDE WAY, CAMPBELL CA 95008
Dejan Deklich officer: Chief Product Officer 2125 O'NEL DR., SAN JOSE CA 95131
Germaine Cota officer: Chief Accting Off./Treasurer 675 CREEKSIDE DRIVE, CAMPBELL CA 95008
Bryan R Martin director, officer: Chief Executive Officer C/O 8X8 INC, 3151 JAY STREET, SANTA CLARA CA 95054