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Aware (AWRE) Cyclically Adjusted Price-to-FCF : 93.00 (As of Apr. 29, 2024)


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What is Aware Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Aware's current share price is $1.86. Aware's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.02. Aware's Cyclically Adjusted Price-to-FCF for today is 93.00.

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

AWRE' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 38.71   Med: 71.84   Max: 247
Current: 92.52

During the past years, Aware's highest Cyclically Adjusted Price-to-FCF was 247.00. The lowest was 38.71. And the median was 71.84.

AWRE's Cyclically Adjusted Price-to-FCF is ranked worse than
81.37% of 671 companies
in the Software industry
Industry Median: 28.01 vs AWRE: 92.52

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.

Aware's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.146. 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 $0.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aware Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aware'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.

Aware Cyclically Adjusted Price-to-FCF Chart

Aware Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.22 122.71 - 68.77 89.82

Aware 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 68.77 115.79 - - 89.82

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

For the Software - Application subindustry, Aware'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.


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

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

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



Aware 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.86/0.02
=93.00

* 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.

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

For example, Aware'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)
=0.146/129.4194*129.4194
=0.146

Current CPI (Dec. 2023) = 129.4194.

Aware Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.053 99.695 0.069
201406 0.061 100.560 0.079
201409 0.125 100.428 0.161
201412 0.030 99.070 0.039
201503 0.000 99.621 0.000
201506 -0.007 100.684 -0.009
201509 0.092 100.392 0.119
201512 0.200 99.792 0.259
201603 0.046 100.470 0.059
201606 -0.004 101.688 -0.005
201609 0.072 101.861 0.091
201612 0.049 101.863 0.062
201703 0.001 102.862 0.001
201706 0.009 103.349 0.011
201709 0.015 104.136 0.019
201712 0.141 104.011 0.175
201803 -0.042 105.290 -0.052
201806 -0.066 106.317 -0.080
201809 0.001 106.507 0.001
201812 0.128 105.998 0.156
201903 -0.050 107.251 -0.060
201906 -0.061 108.070 -0.073
201909 -0.026 108.329 -0.031
201912 -0.005 108.420 -0.006
202003 -0.039 108.902 -0.046
202006 -0.068 108.767 -0.081
202009 -0.110 109.815 -0.130
202012 -0.051 109.897 -0.060
202103 -0.115 111.754 -0.133
202106 -0.040 114.631 -0.045
202109 -0.088 115.734 -0.098
202112 -0.047 117.630 -0.052
202203 -0.110 121.301 -0.117
202206 -0.008 125.017 -0.008
202209 -0.092 125.227 -0.095
202212 -0.022 125.222 -0.023
202303 -0.071 127.348 -0.072
202306 -0.106 128.729 -0.107
202309 0.116 129.860 0.116
202312 0.146 129.419 0.146

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.


Aware  (NAS:AWRE) 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.


Aware Cyclically Adjusted Price-to-FCF Related Terms

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


Aware (AWRE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Aware Inc (NAS:AWRE) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
76 Blanchard Road, Burlington, MA, USA, 01803
Aware Inc is a provider of software and services to the biometrics industry. The company's software products are used in government and commercial biometrics systems to identify or authenticate people. The government applications of biometrics systems include border control, visitor screening, law enforcement, national defense, intelligence, secure credentialing, access control, and background checks. Its commercial applications include user authentication for login to mobile devices, computers, networks, and software programs, user authentication for financial transactions and purchases. Its geographical segments include the United States, Brazil, the United Kingdom, and the Rest of the world.
Executives
Robert A Eckel director, officer: CEO and President C/O AWARE, INC., 40 MIDDLESEX TURNPIKE, BEDFORD MA 01730
David K Traverse officer: Principal Financial Officer 108 ADAMS STREET, DUNSTABLE MA 01827
Stafford John S Iii director, 10 percent owner 230 SOUTH LASALLE STREET 400, CHICAGO IL 60604
David Brian Barcelo officer: Chief Financial Officer 15 DAWN CIRCLE, ANDOVER MA 01810
Ronin Trading, Llc 10 percent owner 350 N. ORLEANS STREET, 2N, CHICAGO IL 60654
Craig A Herman officer: Chief Revenue Officer 15 ABBOT STREET, MARBLEHEAD MA 01945
Mohamed Lazzouni officer: Chief Technology Officer C/O VIISAGE TECHNOLOGY, INC., 296 CONCORD ROAD, BILLIERCA MA 01821
Gary Evee director 36 CONCETTA SASS DRIVE, RANDOLPH MA 02368
Peter R. Faubert director 50 NAGOG PARK, ACTON MA 01720
Ronin Capital, Llc 10 percent owner 350 N. ORLEANS, SUITE 2N, CHICAGO IL 60654
Brian D Connolly director 40 MIDDLESEX TURNPIKE, BEDFORD MA 01730
Brent P Johnstone director 40 MIDDLESEX TURNPIKE, BEDFORD MA 01730
Richard P Moberg director C/O AWARE INC, 40 MIDDLESEX TURNPIKE, BEDFORD MA 01730
David J Martin officer: Chief Financial Officer
Adrian F Kruse director C/O AWARE INC, 40 MIDDLESEX TURNPIKE, BEDFORD MA 01730