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SS&C Technologies Holdings (SS&C Technologies Holdings) Cyclically Adjusted FCF per Share : $3.38 (As of Dec. 2023)


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What is SS&C Technologies Holdings 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.

SS&C Technologies Holdings's adjusted free cash flow per share for the three months ended in Dec. 2023 was $1.263. 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 $3.38 for the trailing ten years ended in Dec. 2023.

During the past 12 months, SS&C Technologies Holdings's average Cyclically Adjusted FCF Growth Rate was 10.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 22.20% 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 SS&C Technologies Holdings was 27.80% per year. The lowest was 18.10% per year. And the median was 23.60% per year.

As of today (2024-04-28), SS&C Technologies Holdings's current stock price is $61.24. SS&C Technologies Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.38. SS&C Technologies Holdings's Cyclically Adjusted Price-to-FCF of today is 18.12.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SS&C Technologies Holdings was 52.98. The lowest was 14.72. And the median was 33.95.


SS&C Technologies Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SS&C Technologies Holdings'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.

SS&C Technologies Holdings Cyclically Adjusted FCF per Share Chart

SS&C Technologies Holdings 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 1.68 2.05 2.61 3.05 3.38

SS&C Technologies Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.05 3.16 3.27 3.31 3.38

Competitive Comparison of SS&C Technologies Holdings's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, SS&C Technologies Holdings'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.


SS&C Technologies Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, SS&C Technologies Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where SS&C Technologies Holdings's Cyclically Adjusted Price-to-FCF falls into.



SS&C Technologies Holdings 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, SS&C Technologies Holdings'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)
=1.263/129.4194*129.4194
=1.263

Current CPI (Dec. 2023) = 129.4194.

SS&C Technologies Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.201 99.695 0.261
201406 0.268 100.560 0.345
201409 0.389 100.428 0.501
201412 0.479 99.070 0.626
201503 0.158 99.621 0.205
201506 0.364 100.684 0.468
201509 0.075 100.392 0.097
201512 0.514 99.792 0.667
201603 0.067 100.470 0.086
201606 0.531 101.688 0.676
201609 0.433 101.861 0.550
201612 0.815 101.863 1.035
201703 0.232 102.862 0.292
201706 0.575 103.349 0.720
201709 0.473 104.136 0.588
201712 0.729 104.011 0.907
201803 0.270 105.290 0.332
201806 0.093 106.317 0.113
201809 0.728 106.507 0.885
201812 1.117 105.998 1.364
201903 0.397 107.251 0.479
201906 0.948 108.070 1.135
201909 1.137 108.329 1.358
201912 2.049 108.420 2.446
202003 0.456 108.902 0.542
202006 1.439 108.767 1.712
202009 0.642 109.815 0.757
202012 1.502 109.897 1.769
202103 0.576 111.754 0.667
202106 1.302 114.631 1.470
202109 1.299 115.734 1.453
202112 1.660 117.630 1.826
202203 0.553 121.301 0.590
202206 0.810 125.017 0.839
202209 0.926 125.227 0.957
202212 1.257 125.222 1.299
202303 0.785 127.348 0.798
202306 1.024 128.729 1.029
202309 0.718 129.860 0.716
202312 1.263 129.419 1.263

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


SS&C Technologies Holdings  (NAS:SSNC) 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.

SS&C Technologies Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=61.24/3.38
=18.12

* 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 SS&C Technologies Holdings was 52.98. The lowest was 14.72. And the median was 33.95.


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.


SS&C Technologies Holdings Cyclically Adjusted FCF per Share Related Terms

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


SS&C Technologies Holdings (SS&C Technologies Holdings) Business Description

Traded in Other Exchanges
Address
80 Lamberton Road, Windsor, CT, USA, 06095
SS&C Technologies provides software products and software-enabled services to a variety of customers primarily in financial services but also healthcare firms. SS&C GlobeOp provides fund administration services to alternative and traditional asset managers. In addition, SS&C provides portfolio accounting, portfolio management, trading, banking/lending, and other software to asset managers, banks, and financial advisors. SS&C's purchase of Intralinks makes it a leading player in Virtual Data Room solutions. With its purchase of DST Systems, SS&C gained a foothold in the healthcare industry with pharmacy health management solutions and medical claim administration services.
Executives
Normand A Boulanger director, officer: President and COO SS&C TECHNOLOGIES, 80 LAMBERTON RD, WINDSOR CT 06095
Rahul Kanwar officer: Senior Vice President 80 LAMBERTON ROAD, WINDSOR CT 06095
Brian N Schell officer: EVP & CFO 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Patrick J Pedonti officer: SVP and CFO SS&C TECHNOLOGIES, 80 LAMBERTON RD, WINDSOR CT 06095
Jonathan E Michael director C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615
William C Stone director, 10 percent owner, officer: Chairman of the Board & CEO
Jason Douglas White officer: SVP & General Counsel 588 THE PARKWAY, MAMARONECK NY 10543
Joseph J. Frank officer: Chief Legal Officer and GC C/O SS&C TECHNOLOGIES HOLDINGS, INC., 4 TIMES SQUARE, NEW YORK NY 10036
Michael E Daniels director TYCO, 9 ROSZEL ROAD, PRINCETON NJ 08540
Smita Conjeevaram director 70 HERETOLD ROAD, BRONXVILLE NY 17708
Michael Jay Zamkow director 27 KENSINGTON SQUARE, LONDON X0 06095
Paul Gerard Igoe officer: Sr. VP & General Counsel LYDALL, INC., ONE COLONIAL ROAD, MANCHESTER CT 06042
William A Etherington director CANADIAN IMPERIAL BANK OF COMMERCE, 199 BAY STREET - SUITE 4460, TORONTO A6 M5L 1A2
Tc Group Iv, L.p. 10 percent owner 1001 PENNSYLVANIA AVENUE, N.W., SUITE 200 SOUTH, WASHINGTON DC 20004
Whitman Stephen V R officer: SVP and General Counsel SS&C TECHNOLOGIES, 80 LAMBERTON RD, WINDSOR CT 06095