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Model N (Model N) Cyclically Adjusted Price-to-FCF : 592.80 (As of Apr. 28, 2024)


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What is Model N Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Model N's current share price is $29.64. Model N's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.05. Model N's Cyclically Adjusted Price-to-FCF for today is 592.80.

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

MODN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 486.8   Med: 784.84   Max: 1768
Current: 620.39

During the past years, Model N's highest Cyclically Adjusted Price-to-FCF was 1768.00. The lowest was 486.80. And the median was 784.84.

MODN's Cyclically Adjusted Price-to-FCF is ranked worse than
97.46% of 670 companies
in the Software industry
Industry Median: 28.305 vs MODN: 620.39

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.

Model N's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.052. 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 $0.05 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Model N Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Model N'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.

Model N Cyclically Adjusted Price-to-FCF Chart

Model N Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 759.13

Model N 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 - - 1,450.04 759.13 563.67

Competitive Comparison of Model N's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Model N'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.


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

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

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



Model N 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=29.64/0.05
=592.80

* 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.

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

For example, Model N'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)
=0.052/129.4194*129.4194
=0.052

Current CPI (Dec. 2023) = 129.4194.

Model N Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.180 99.695 -0.234
201406 0.053 100.560 0.068
201409 -0.133 100.428 -0.171
201412 -0.187 99.070 -0.244
201503 -0.186 99.621 -0.242
201506 0.002 100.684 0.003
201509 -0.147 100.392 -0.190
201512 -0.305 99.792 -0.396
201603 -0.065 100.470 -0.084
201606 -0.012 101.688 -0.015
201609 -0.187 101.861 -0.238
201612 -0.311 101.863 -0.395
201703 -0.190 102.862 -0.239
201706 -0.096 103.349 -0.120
201709 0.144 104.136 0.179
201712 -0.333 104.011 -0.414
201803 0.156 105.290 0.192
201806 0.140 106.317 0.170
201809 0.098 106.507 0.119
201812 -0.140 105.998 -0.171
201903 0.147 107.251 0.177
201906 0.131 108.070 0.157
201909 0.170 108.329 0.203
201912 -0.151 108.420 -0.180
202003 0.247 108.902 0.294
202006 0.107 108.767 0.127
202009 0.196 109.815 0.231
202012 -0.016 109.897 -0.019
202103 0.083 111.754 0.096
202106 0.181 114.631 0.204
202109 0.270 115.734 0.302
202112 -0.276 117.630 -0.304
202203 0.344 121.301 0.367
202206 0.386 125.017 0.400
202209 0.200 125.227 0.207
202212 -0.488 125.222 -0.504
202303 0.318 127.348 0.323
202306 0.764 128.729 0.768
202309 -0.002 129.860 -0.002
202312 0.052 129.419 0.052

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.


Model N  (NYSE:MODN) 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.


Model N Cyclically Adjusted Price-to-FCF Related Terms

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


Model N (Model N) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Model N Inc (NYSE:MODN) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
777 Mariners Island Boulevard, Suite 300, San Mateo, CA, USA, 94404
Model N Inc is a provider of cloud revenue management solutions for life science and technology companies. The products of the company involve Revenue Cloud for Life Sciences for helps life science companies improve revenue and operational efficiency while adhering to government regulations as it creates and executes contracts with its customers; and Revenue Cloud for High Tech that enables customers to modernize their sales processes by adopting a strategic approach to manage the revenue lifecycle by planned revenue. It has one operating segment with one business activity - developing and monetizing revenue management solutions. A majority of the firm's revenue is generated in the United States, but it has a presence in countries across the world.
Executives
Mark, Albert Anderson, officer: SVP, Global Services C/O MODEL N, INC.,1600 SEAPORT BOULEVARD, SUITE 400, PACIFIC SHORES CENTER - BLD.6, REDWOOD CITY CA 94063
Manisha Shetty Gulati director C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Kimberly Decarlis director 3400 BRIDGE PARKWAY, SUITE 200, REDWOOD SHORES CA 94065
Rehmann Rayani officer: Chief Strategy & Mktg Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Christopher Lyon officer: SVP & Chief Revenue Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Laura Selig officer: SVP, Chief People Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Jason Blessing director, officer: Chief Executive Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Suresh Kannan officer: SVP & Chief Product Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
John Ederer officer: SVP, Chief Financial Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Dave Yarnold director C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Timothy M Adams director 311 ARSENAL STREET, WATERTOWN MA 02472
Alan S. Henricks director MODEL N, INC., 777 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Dave Michaud officer: SVP & Chief Marketing Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Cathy A Lewis officer: Chief Accounting Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
David Barter officer: SVP, Chief Financial Officer C/O MODEL N, INC., 1600 SEAPORT BLVD., SUITE 400, REDWOOD CITY CA 94063