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Marchex (Marchex) Cyclically Adjusted FCF per Share : $0.03 (As of Dec. 2023)


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What is Marchex 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.

Marchex's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.019. 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 $0.03 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Marchex's average Cyclically Adjusted FCF Growth Rate was -57.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -43.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -32.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -21.10% 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 Marchex was -6.80% per year. The lowest was -43.90% per year. And the median was -16.65% per year.

As of today (2024-05-16), Marchex's current stock price is $1.2999. Marchex's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.03. Marchex's Cyclically Adjusted Price-to-FCF of today is 43.33.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Marchex was 51.25. The lowest was 6.58. And the median was 15.00.


Marchex Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Marchex'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.

Marchex Cyclically Adjusted FCF per Share Chart

Marchex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.17 0.12 0.07 0.03

Marchex 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 0.06 0.05 0.04 0.03 -

Competitive Comparison of Marchex's Cyclically Adjusted FCF per Share

For the Advertising Agencies subindustry, Marchex'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.


Marchex's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Marchex's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Marchex 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, Marchex'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)
=0.019/129.4194*129.4194
=0.019

Current CPI (Dec. 2023) = 129.4194.

Marchex Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.153 99.695 0.199
201406 0.060 100.560 0.077
201409 0.121 100.428 0.156
201412 0.071 99.070 0.093
201503 0.115 99.621 0.149
201506 -0.082 100.684 -0.105
201509 0.146 100.392 0.188
201512 0.006 99.792 0.008
201603 -0.054 100.470 -0.070
201606 -0.011 101.688 -0.014
201609 -0.010 101.861 -0.013
201612 -0.025 101.863 -0.032
201703 -0.019 102.862 -0.024
201706 -0.014 103.349 -0.018
201709 0.040 104.136 0.050
201712 -0.006 104.011 -0.007
201803 0.047 105.290 0.058
201806 -0.045 106.317 -0.055
201809 0.043 106.507 0.052
201812 0.015 105.998 0.018
201903 0.108 107.251 0.130
201906 -0.028 108.070 -0.034
201909 0.026 108.329 0.031
201912 -0.037 108.420 -0.044
202003 -0.045 108.902 -0.053
202006 0.023 108.767 0.027
202009 -0.042 109.815 -0.049
202012 -0.029 109.897 -0.034
202103 -0.118 111.754 -0.137
202106 -0.009 114.631 -0.010
202109 -0.012 115.734 -0.013
202112 -0.020 117.630 -0.022
202203 -0.053 121.301 -0.057
202206 0.005 125.017 0.005
202209 -0.031 125.227 -0.032
202212 -0.029 125.222 -0.030
202303 -0.101 127.348 -0.103
202306 -0.032 128.729 -0.032
202309 -0.008 129.860 -0.008
202312 0.019 129.419 0.019

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


Marchex  (NAS:MCHX) 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.

Marchex's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.2999/0.03
=43.33

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Marchex was 51.25. The lowest was 6.58. And the median was 15.00.


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.


Marchex Cyclically Adjusted FCF per Share Related Terms

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


Marchex (Marchex) Business Description

Traded in Other Exchanges
N/A
Address
520 Pike Street, Suite 2000, Seattle, WA, USA, 98101
Marchex Inc is a conversational analytics and solutions company that helps businesses connect, drive, measure, convert callers into customers, and connect the voice of the customer to their business. It delivers data insights and incorporates artificial intelligence (AI)-powered functionality that drives insights and solutions to help companies find, engage, and support their customers across voice and text-based communication channels. The group enables sales and marketing teams to deliver the buying experiences that today's customers expect. The company generates the majority of its revenues from core analytics and solutions services. Company operates in United States, Canada and other countries.
Executives
Edenbrook Long Only Value Fund, Lp 10 percent owner EDENBROOK CAPITAL, LLC, 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Holly A Aglio officer: CFO C/O MARCHEX, INC., 1200 5TH AVE SUITE 1300, SEATTLE WA 98101
Troy Hartless officer: Chief Revenue Officer 20357 RIVER BANK STREET, STARLING VA 20165
Edwin A Miller officer: Chief Executive Officer C/O MARCHEX, INC., 520 PIKE STREET, SUITE 2000, SEATTLE WA 98101
Michael A Arends officer: Chief Financial Officer NONE, SEATTLE WA 98101
Leila Kirske officer: Chief Financial Officer C/O MARCHEX, INC., 520 PIKE STREET, SUITE 2000, SEATTLE WA 98101
John Roswech officer: Chief Revenue Officer C/O MARCHEX, INC., 520 PIKE STREET, SUITE 2000, SEATTLE WA 98101
Ryan Polley officer: Chief Product/Strategy Officer C/O MARCHEX, INC., 520 PIKE STREET, SUITE 2000, SEATTLE WA 98101
Don Cogsville director C/O MARCHEX, INC., 520 PIKE STREET, SUITE 2000, SEATTLE WA 98101
Edenbrook Capital, Llc 10 percent owner 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Jonathan Brolin 10 percent owner 2 DEPOT PLAZA, 4TH FLOOR, BEDFORD HILLS NY 10507
Prescott Group Capital Management, L.l.c. 10 percent owner 1924 SOUTH UTICA, SUITE 1120, TULSA OK 74104-6429
Ethan A Caldwell officer: General Counsel & CAO 413 PINE STREET, SEATTLE WA 98101
Phil Frohlich 10 percent owner 1924 SOUTH IRICA SUITE 1120, TULSA OK 741046529
Ziad Ismail officer: Chief Product Officer C/O MARCHEX, INC., 520 PIKE STREET, SUITE 2000, SEATTLE WA 98101