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SeaChange International (SeaChange International) Cyclically Adjusted FCF per Share : $-7.35 (As of Apr. 2023)


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What is SeaChange International 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.

SeaChange International's adjusted free cash flow per share for the three months ended in Apr. 2023 was $0.230. 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 $-7.35 for the trailing ten years ended in Apr. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -42.60% 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 SeaChange International was 40.60% per year. The lowest was -53.00% per year. And the median was -30.65% per year.

As of today (2024-04-27), SeaChange International's current stock price is $5.015. SeaChange International's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2023 was $-7.35. SeaChange International's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SeaChange International was 326.67. The lowest was 26.14. And the median was 113.64.


SeaChange International Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SeaChange International'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.

SeaChange International Cyclically Adjusted FCF per Share Chart

SeaChange International Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.55 -2.44 -4.00 -5.55 -7.07

SeaChange International Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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 -5.92 -5.38 -5.56 -7.07 -7.35

Competitive Comparison of SeaChange International's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, SeaChange International'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.


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

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

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



SeaChange International 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, SeaChange International's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2023 (Change)*Current CPI (Apr. 2023)
=0.23/127.9921*127.9921
=0.230

Current CPI (Apr. 2023) = 127.9921.

SeaChange International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201307 0.437 98.557 0.568
201310 0.150 98.536 0.195
201401 0.904 98.692 1.172
201404 -3.428 100.023 -4.387
201407 -2.818 100.520 -3.588
201410 -1.757 100.176 -2.245
201501 -1.268 98.604 -1.646
201504 -4.666 99.824 -5.983
201507 -7.598 100.691 -9.658
201510 -1.287 100.346 -1.642
201601 0.067 99.957 0.086
201604 -3.286 100.947 -4.166
201607 -5.043 101.524 -6.358
201610 -7.334 101.988 -9.204
201701 -0.920 102.456 -1.149
201704 -0.631 103.167 -0.783
201707 -0.836 103.278 -1.036
201710 0.731 104.070 0.899
201801 7.495 104.578 9.173
201804 -1.947 105.708 -2.357
201807 -8.308 106.324 -10.001
201810 -1.864 106.695 -2.236
201901 -0.161 106.200 -0.194
201904 -1.500 107.818 -1.781
201907 -2.981 108.250 -3.525
201910 -2.691 108.577 -3.172
202001 -0.975 108.841 -1.147
202004 -2.346 108.173 -2.776
202007 -0.718 109.318 -0.841
202010 -2.068 109.861 -2.409
202101 -0.027 110.364 -0.031
202104 -0.885 112.673 -1.005
202107 -1.060 115.183 -1.178
202110 -0.476 116.696 -0.522
202201 0.075 118.619 0.081
202204 -0.307 121.978 -0.322
202207 -0.754 125.002 -0.772
202210 0.150 125.734 0.153
202301 0.061 126.223 0.062
202304 0.230 127.992 0.230

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


SeaChange International  (OTCPK:SEAC) 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 SeaChange International was 326.67. The lowest was 26.14. And the median was 113.64.


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.


SeaChange International Cyclically Adjusted FCF per Share Related Terms

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


SeaChange International (SeaChange International) Business Description

Industry
Traded in Other Exchanges
N/A
Address
177 Huntington Avenue, Suite 1703, PMB 73480, Boston, MA, USA, 02115
SeaChange International Inc is a provider of multiscreen video solutions for television service providers, telecommunications companies, satellite operators, and media companies. The business has two product areas: multiscreen video back-office and advertising and video gateway software solutions. The firm's solutions facilitate aggregation, licensing, management, and distribution of video and advertising content for its customers. The company derives revenue from sales of hardware, software, systems, and services in multiple-element arrangements. Roughly half of the firm's revenue is generated in the United States, with the rest in Europe, Middle East, Latin America, and Asia-Pacific regions.
Executives
Karen Singer 10 percent owner 212 VACCARO DRIVE, CRESSKILL NJ 07626
Christoph Klimmer officer: President 177 HUNTINGTON AVENUE, SUITE 1703, BOSTON MA 02115
Mark Paul Szynkowski officer: SVP, CFO and Treasurer 44 LAKEVIEW DRIVE, MONROE NY 10950
Igor Volshteyn director 6470 EAST JOHNS CROSSING, DULUTH GA 30097
Kathleen Mosher officer: Chief Financial Officer C/O SEACHANGE INTERNATIONAL, INC., 177 HUNTINGTON AVENUE, SUITE 1703, BOSTON MA 02115
Peter D Aquino director, officer: President and C.E.O. MOTIENT CORP, 300 KNIGHTBRIDGE PARKWAY, LINCOLNSHIRE IL 60069
Michael Prinn officer: Chief Financial Officer C/O BRIDGELINE DIGITAL, INC., 10 SIXTH ROAD, WOBURN MA 01801
Steven G Singer director 2200 FLETCHER AVENUE, SUITE 501, FORT LEE NJ 07024
Robert M Pons director 439 WILLIAMSON ROAD, GLADWYNE PA 19035
David J Nicol director 9777 PYRAMID COURT 100, C/O EVOLVING SYSTEMS INC, ENGLEWOOD CO 80112
Matthew Stecker director 711 SOUTH BRYN MAWR AVE., BRYN MAWR PA 19010
Marek Kielczewski officer: Chief Technology Officer 50 NAGOG PARK, ACTON MA 01720
Yosef Aloni officer: Chief Commercial Officer 50 NAGOG PARK, ACTON MA 01720
Julian D. Singer director 2200 FLETCHER AVENUE, SUITE 501, FORT LEE NJ 07024
Chad A. Hassler officer: Chief Commercial Officer 50 NAGOG PARK, ACTON MA 01720

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