GURUFOCUS.COM » STOCK LIST » Technology » Software » Brightcove Inc (NAS:BCOV) » Definitions » Cyclically Adjusted Price-to-FCF

Brightcove (Brightcove) Cyclically Adjusted Price-to-FCF : 163.00 (As of Apr. 28, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Brightcove Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Brightcove's current share price is $1.63. Brightcove's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.01. Brightcove's Cyclically Adjusted Price-to-FCF for today is 163.00.

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

BCOV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 73.57   Med: 133.67   Max: 306
Current: 125.29

During the past years, Brightcove's highest Cyclically Adjusted Price-to-FCF was 306.00. The lowest was 73.57. And the median was 133.67.

BCOV's Cyclically Adjusted Price-to-FCF is ranked worse than
86.87% of 670 companies
in the Software industry
Industry Median: 28.305 vs BCOV: 125.29

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.

Brightcove's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.032. 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 $0.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brightcove Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Brightcove'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.

Brightcove Cyclically Adjusted Price-to-FCF Chart

Brightcove 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 - - - 97.57 199.08

Brightcove 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 97.57 165.27 116.09 231.66 199.08

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

For the Software - Application subindustry, Brightcove'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.


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

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

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



Brightcove 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.63/0.01
=163.00

* 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.

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

For example, Brightcove'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)
=0.032/129.4194*129.4194
=0.032

Current CPI (Dec. 2023) = 129.4194.

Brightcove Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.184 99.695 -0.239
201406 -0.027 100.560 -0.035
201409 0.046 100.428 0.059
201412 0.062 99.070 0.081
201503 -0.021 99.621 -0.027
201506 -0.051 100.684 -0.066
201509 0.095 100.392 0.122
201512 0.168 99.792 0.218
201603 0.037 100.470 0.048
201606 0.024 101.688 0.031
201609 0.036 101.861 0.046
201612 0.070 101.863 0.089
201703 -0.222 102.862 -0.279
201706 -0.027 103.349 -0.034
201709 -0.180 104.136 -0.224
201712 0.120 104.011 0.149
201803 -0.017 105.290 -0.021
201806 -0.054 106.317 -0.066
201809 -0.043 106.507 -0.052
201812 0.058 105.998 0.071
201903 -0.025 107.251 -0.030
201906 -0.151 108.070 -0.181
201909 0.063 108.329 0.075
201912 -0.009 108.420 -0.011
202003 -0.006 108.902 -0.007
202006 0.013 108.767 0.015
202009 0.034 109.815 0.040
202012 0.274 109.897 0.323
202103 -0.050 111.754 -0.058
202106 0.135 114.631 0.152
202109 0.119 115.734 0.133
202112 0.054 117.630 0.059
202203 -0.132 121.301 -0.141
202206 0.238 125.017 0.246
202209 -0.072 125.227 -0.074
202212 -0.014 125.222 -0.014
202303 -0.412 127.348 -0.419
202306 0.166 128.729 0.167
202309 -0.050 129.860 -0.050
202312 0.032 129.419 0.032

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.


Brightcove  (NAS:BCOV) 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.


Brightcove Cyclically Adjusted Price-to-FCF Related Terms

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


Brightcove (Brightcove) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Brightcove Inc (NAS:BCOV) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
281 Summer Street, Boston, MA, USA, 02210
Brightcove Inc is a provider of cloud-based services for the video ecosystem. The firm targets its solutions at media companies, broadcasters, publishers, and corporations. Brightcove Video Cloud is the firm's flagship product, enabling customers to publish and distribute video to Internet-connected devices. Video Cloud generates a significant portion of the firm's revenue through a subscription-based software-as-a-service model. Other products include Zencoder, a cloud-based video encoding service. It generates a large majority of its revenue in North America and Asia.
Executives
Marc Debevoise director, officer: Chief Executive Officer LIMELIGHT NETWORKS, 222 SOUTH MILL AVENUE, #800, TEMPE AZ 85281
Edenbrook Capital, Llc 10 percent owner 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Kristin E. Frank director C/O GAIAM, INC., 833 WEST SOUTH BOULDER ROAD, LOUISVILLE CO 80027
Ritcha Ranjan director BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Scott Kurnit director
Diane Hessan director 2 BATTERY WHARF, #2510, BOSTON MA 02109
Thomas E Wheeler director 1250 CONNECTICUT AVE NW, CELLULAR TELECOMMUNICATIONS& INTERNET, WASHINGTON DC 20036
Jeff Ray director, officer: Chief Executive Officer C/O BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Jonathan Brolin 10 percent owner 2 DEPOT PLAZA, 4TH FLOOR, BEDFORD HILLS NY 10507
David Plotkin officer: General Counsel, SVP BRIGHTCOVE INC., 390 CONGRESS STEET, BOSTON MA 02210
Tsedal Neeley director BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Deborah M. Besemer director 257 TURNPIKE ROAD, SUITE 210, SOUTHBOROUGH MA 01772
Robert Noreck officer: Chief Financial Officer C/O BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Chet Kapoor director BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Christopher Stagno officer: PAO, VP, Corporate Controller C/O BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02110