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ITEX (ITEX) Cyclically Adjusted Price-to-FCF : 5.49 (As of Apr. 27, 2024)


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What is ITEX Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), ITEX's current share price is $4.50. ITEX's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jul23 was $0.82. ITEX's Cyclically Adjusted Price-to-FCF for today is 5.49.

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

ITEX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.37   Med: 5.91   Max: 9.06
Current: 5.47

During the past 13 years, ITEX's highest Cyclically Adjusted Price-to-FCF was 9.06. The lowest was 4.37. And the median was 5.91.

ITEX's Cyclically Adjusted Price-to-FCF is ranked better than
85.97% of 221 companies
in the Capital Markets industry
Industry Median: 19.29 vs ITEX: 5.47

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.

ITEX's adjusted free cash flow per share data of for the fiscal year that ended in Jul23 was $0.713. 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 $0.82 for the trailing ten years ended in Jul23.

Shiller PE for Stocks: The True Measure of Stock Valuation


ITEX Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ITEX'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.

ITEX Cyclically Adjusted Price-to-FCF Chart

ITEX Annual Data
Trend Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul22 Jul23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.85 4.76 5.93 4.75 5.49

ITEX Semi-Annual Data
Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul22 Jul23
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 5.85 4.76 5.93 4.75 5.49

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

For the Capital Markets subindustry, ITEX'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.


ITEX's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, ITEX's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



ITEX 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.50/0.82
=5.49

* 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.

ITEX's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jul23 is calculated as:

For example, ITEX's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jul23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jul23 (Change)*Current CPI (Jul23)
=0.713/128.9743*128.9743
=0.713

Current CPI (Jul23) = 128.9743.

ITEX Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200907 0.772 90.859 1.096
201007 0.690 91.981 0.968
201107 0.455 95.319 0.616
201207 0.561 96.661 0.749
201307 0.637 98.557 0.834
201407 0.454 100.520 0.583
201507 0.664 100.691 0.851
201607 0.781 101.524 0.992
202207 0.768 125.002 0.792
202307 0.713 128.974 0.713

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.


ITEX  (OTCPK:ITEX) 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.


ITEX Cyclically Adjusted Price-to-FCF Related Terms

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


ITEX (ITEX) Business Description

Industry
Traded in Other Exchanges
N/A
Address
13555 South East 36th Street, Suite 210, Bellevue, WA, USA, 98006
ITEX Corp operates a marketplace in which products and services are exchanged by marketplace members utilizing virtual currency. Its Marketplace provides a forum for members to purchase from and sell their products and services to other members using ITEX dollars instead of the United States dollars and Canadian dollars (USD or cash). It administers the marketplace and provides record-keeping and payment transaction processing services for its members. They generate revenue by charging members percentage-based transaction fees, association fees, and other fees assessed in United States dollars and Canadian dollars.
Executives
Lion Fund, L.p. 10 percent owner 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Biglari Capital Corp. 10 percent owner, other: See Explanation of Responses 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Kevin H Callan director 3326 160TH AVE. SE, STE. 100, BELLEVUE WA 98008
Timothy R Morones director 3326 160TH AVE SE STE 100, BELLEVUE WA 98008
Sardar Biglari, 10 percent owner, other: See Explanation of Responses C/O BIGLARI HOLDINGS INC., 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Biglari Holdings Inc. 10 percent owner, other: See Explanation of Responses 17802 IH 10 WEST, SUITE 400, SAN ANTONIO TX 78257
Western Sizzlin Corp 10 percent owner, other: See Explanation of Responses 317 KIMBALL AVENUE NW, ROANOKE VA 24016
G. Andrew Cooke 10 percent owner 3110 9TH ROAD N. APT. B, ARLINGTON VA 22201
David Polonitza 10 percent owner 54B SANDRA CIRCLE, APT B1, WESTFIELD NJ 07090
Pagidipati Family Limited Partnership 10 percent owner 2955 SE 3RD COURT, OCALA FL 34471
Corner Market Capital Corp 10 percent owner BOX 36, #1620 - 1140 WEST PENDER STREET, VANCOUVER A1 V6E-4G1
Sanjeev Parsad 10 percent owner 21-355 DUTHIE AVENUE, BURNABY A1 V5A-2P3
Alnesh Mohan 10 percent owner 702-583 BEACH CRESCENT, VANCOUVER A1 V6Z-3E6
Corner Market Capital U.s., Inc. 10 percent owner BOX 36, #1620 - 1140 WEST PENDER STREET, VANCOUVER A1 V6E-4G1
Mpic Fund I Lp 10 percent owner 1199 WEST PENDER STREET, SUITE 680, VANCOUVER A1 V6E 2R1

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