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Asure Software (Asure Software) Cyclically Adjusted FCF per Share : $-0.43 (As of Dec. 2023)


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What is Asure Software Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Asure Software's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.084. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-0.43 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -57.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -32.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Asure Software was 28.40% per year. The lowest was -98.30% per year. And the median was -7.70% per year.

As of today (2024-04-29), Asure Software's current stock price is $7.50. Asure Software's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.43. Asure Software's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Asure Software was 186.67. The lowest was 35.77. And the median was 105.60.


Asure Software Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Asure Software's Cyclically Adjusted FCF per Share 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.

Asure Software Cyclically Adjusted FCF per Share Chart

Asure Software Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.11 -0.36 -0.39 -0.43

Asure Software Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share 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 -0.39 -0.39 -0.41 -0.41 -0.43

Competitive Comparison of Asure Software's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Asure Software'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.


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

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

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



Asure Software Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Asure Software'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)
=-0.084/129.4194*129.4194
=-0.084

Current CPI (Dec. 2023) = 129.4194.

Asure Software Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.016 99.695 -0.021
201406 0.087 100.560 0.112
201409 0.132 100.428 0.170
201412 0.101 99.070 0.132
201503 -0.018 99.621 -0.023
201506 -0.002 100.684 -0.003
201509 0.132 100.392 0.170
201512 0.198 99.792 0.257
201603 -0.102 100.470 -0.131
201606 -0.072 101.688 -0.092
201609 0.038 101.861 0.048
201612 -0.228 101.863 -0.290
201703 -0.140 102.862 -0.176
201706 -0.319 103.349 -0.399
201709 0.045 104.136 0.056
201712 0.059 104.011 0.073
201803 -0.182 105.290 -0.224
201806 -0.387 106.317 -0.471
201809 -0.184 106.507 -0.224
201812 -0.185 105.998 -0.226
201903 0.149 107.251 0.180
201906 -0.166 108.070 -0.199
201909 -0.012 108.329 -0.014
201912 -0.545 108.420 -0.651
202003 -0.401 108.902 -0.477
202006 0.143 108.767 0.170
202009 -0.329 109.815 -0.388
202012 -0.323 109.897 -0.380
202103 -0.139 111.754 -0.161
202106 -0.086 114.631 -0.097
202109 -1.326 115.734 -1.483
202112 0.074 117.630 0.081
202203 -0.009 121.301 -0.010
202206 0.175 125.017 0.181
202209 -0.201 125.227 -0.208
202212 0.276 125.222 0.285
202303 0.129 127.348 0.131
202306 -0.045 128.729 -0.045
202309 0.131 129.860 0.131
202312 -0.084 129.419 -0.084

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Asure Software  (NAS:ASUR) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Asure Software was 186.67. The lowest was 35.77. And the median was 105.60.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Asure Software Cyclically Adjusted FCF per Share Related Terms

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


Asure Software (Asure Software) Business Description

Industry
Traded in Other Exchanges
N/A
Address
405 Colorado Street, Suite 1800, Austin, TX, USA, 78701
Asure Software Inc is a provider of cloud-based Human Capital Management (HCM) solutions delivered as Software-as-a-Service (SaaS). It facilitates small and mid-sized businesses (SMBs) to develop their Human Capital to get to the next level, stay compliant, and allocate their time, money and technology toward growth. The company's HCM suite, named AsureHCM, includes cloud-based Payroll and Tax, HR, a Time and Attendance software. Its HR services range from HR projects to outsourcing payroll to HR consulting services. The firm sells its HCM products in the United States.
Executives
Patrick Goepel director, officer: Chief Executive Officer 7050 WINNETKA AVE N, SUITE 100, BROOKLYN PARK MN 55428
Eyal Goldstein officer: Chief Revenue Officer 18154 SWEET ELM DRIVE, ENCINO CA 91316
Bradford Scovill Oberwager director 340 S. LEMON AVE. #5445, WALNUT CA 91789
Bjorn Reynolds director 108 WILD BASIN RD. S., SUITE 200, AUSTIN TX 78746
Ben F Allen director C/O ASURE SOFTWARE, INC., 3700 N. CAPITAL OF TEXAS HWY. #350, AUSTIN TX 78746
Grace G. Lee director C/O CUBIC CORPORATION, 9333 BALBOA AVENUE, SAN DIEGO CA 92123
William Carl Drew director 3700 N CAPITAL OF TEXAS HWY, SUITE 350, AUSTIN TX 78746
John F Pence officer: Chief Financial Officer C/O ASURE SOFTWARE, INC., 3700 N. CAPITAL OF TEXAS HWY. #350, AUSTIN TX 78746
James Powers officer: Chief Financial Officer 2128 W. BRAKER LANE, BK12, AUSTIN TX 78758
Red Oak Partners, Llc director 95 S. FEDERAL HWY, SUITE 201, BOCA RATON FL 33432
Daniel M Gill director 1560 SHERMAN AVENUE, SUITE 1200, EVANSTON IL 60201
Kelyn Brannon officer: Chief Financial Officer 300 E. RIVERSIDE DRIVE, APT. 527, AUSTIN TX 78704
Lathrop Charles W Jr director 3700 N CAPITAL OF TEXAS HWY, #350, AUSTIN TX 78746
John Randall Waterfield director 140 BROADWAY, 46TH FLOOR, NEW YORK NY 10005
David Sandberg director 40 SE 5TH STREET, SUITE 502, BOCA RATON FL 33432