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CommVault Systems (CommVault Systems) Cyclically Adjusted Price-to-FCF : 36.01 (As of Apr. 27, 2024)


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What is CommVault Systems Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), CommVault Systems's current share price is $98.30. CommVault Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.73. CommVault Systems's Cyclically Adjusted Price-to-FCF for today is 36.01.

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

CVLT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.15   Med: 34.38   Max: 69.97
Current: 35.61

During the past years, CommVault Systems's highest Cyclically Adjusted Price-to-FCF was 69.97. The lowest was 17.15. And the median was 34.38.

CVLT's Cyclically Adjusted Price-to-FCF is ranked worse than
57.31% of 670 companies
in the Software industry
Industry Median: 28.305 vs CVLT: 35.61

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.

CommVault Systems's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.951. 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 $2.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CommVault Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CommVault Systems'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.

CommVault Systems Cyclically Adjusted Price-to-FCF Chart

CommVault Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.34 22.42 32.64 29.22 22.69

CommVault Systems 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 26.26 22.69 28.21 25.38 29.29

Competitive Comparison of CommVault Systems's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, CommVault Systems'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.


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

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

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



CommVault Systems 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=98.30/2.73
=36.01

* 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.

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

For example, CommVault Systems'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)
=0.951/129.4194*129.4194
=0.951

Current CPI (Dec. 2023) = 129.4194.

CommVault Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.408 99.695 0.530
201406 0.332 100.560 0.427
201409 0.293 100.428 0.378
201412 0.087 99.070 0.114
201503 0.534 99.621 0.694
201506 0.400 100.684 0.514
201509 0.179 100.392 0.231
201512 0.298 99.792 0.386
201603 0.719 100.470 0.926
201606 0.520 101.688 0.662
201609 0.430 101.861 0.546
201612 0.517 101.863 0.657
201703 0.603 102.862 0.759
201706 0.409 103.349 0.512
201709 0.187 104.136 0.232
201712 0.630 104.011 0.784
201803 0.480 105.290 0.590
201806 0.468 106.317 0.570
201809 0.362 106.507 0.440
201812 0.633 105.998 0.773
201903 0.741 107.251 0.894
201906 0.667 108.070 0.799
201909 0.516 108.329 0.616
201912 0.009 108.420 0.011
202003 0.671 108.902 0.797
202006 0.293 108.767 0.349
202009 0.536 109.815 0.632
202012 0.306 109.897 0.360
202103 1.334 111.754 1.545
202106 0.743 114.631 0.839
202109 0.536 115.734 0.599
202112 0.545 117.630 0.600
202203 1.872 121.301 1.997
202206 0.470 125.017 0.487
202209 1.083 125.227 1.119
202212 0.657 125.222 0.679
202303 1.503 127.348 1.527
202306 0.842 128.729 0.847
202309 0.892 129.860 0.889
202312 0.951 129.419 0.951

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.


CommVault Systems  (NAS:CVLT) 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.


CommVault Systems Cyclically Adjusted Price-to-FCF Related Terms

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


CommVault Systems (CommVault Systems) Business Description

Industry
Traded in Other Exchanges
Address
1 CommVault Way, Tinton Falls, NJ, USA, 07724
CommVault Systems Inc provides data and information management software applications and services. The firm sells software licenses and services to large global enterprises, small- and midsize businesses, and government agencies through both its salesforce and its network of reseller partners. Its software solutions include Commvault Complete Backup and Recovery, HyperScale, Hedvig, and Metallic. The company operates in the United States and exports to many other countries.
Executives
Allison Pickens director 471 29TH STREET, SAN FRANCISCO CA 94131
Gary Merrill officer: Chief Financial Officer 2 CRESCENT PLACE, OCEANPORT NJ 07757
Sanjay Mirchandani director, officer: President & CEO 188 MINNA STREET, #29C, SAN FRANCISCO CA 94105
Blasio Riccardo Di officer: Chief Revenue Officer 1226 COLUMBUS BLVD, CORAL GABLES FL 33134
Vivie Lee director 126 SIERRA POINT ROAD, BRISBANE CA 94005
James J. Whalen officer: Chief Accounting Officer 26 SAGAMORE AVENUE, OCEANPORT NJ 07757
Nicola Adamo director 10 MAACKA DRIVE, HOLMDEL NJ 07733
David F Walker director 14388 EAGLE POINTE DR, CLEARWATER FL 337622214
A Shane Sanders director 2200 PENNSYLVANIA AVENUE, NW, SUITE 800W, WASHINGTON DC 20037
Charles E Moran director 2300 WINDY RIDGE PARKWAY, 10TH FLOOR, ATLANTA GA 30339
Arlen Shenkman director C/O CITRIX SYSTEMS, INC., 851 WEST CYRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Martha Helena Bejar director C/O POLYCOM, INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Richard Todd Bradley director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Keith Geeslin director C/O FRANCISCO PARTNERS, ONE LETTERMAN DRIVE, BLDG. C, STE. 410, SAN FRANCISCO CA 94129
Brian Carolan officer: Chief Accounting Officer COMMVAULT SYSTEMS INC, 2 CRESCENT PL, OCEANPORT NJ 07757-0900