GURUFOCUS.COM » STOCK LIST » Technology » Software » Commex Technology Ltd (BOM:532342) » Definitions » Cyclically Adjusted FCF per Share

Commex Technology (BOM:532342) Cyclically Adjusted FCF per Share : ₹0.00 (As of Dec. 2020)


View and export this data going back to 2000. Start your Free Trial

What is Commex Technology 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.

Commex Technology's adjusted free cash flow per share data for the fiscal year that ended in Mar. 2020 was ₹0.002. 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 ₹0.00 for the trailing ten years ended in Mar. 2020.

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.

As of today (2024-06-08), Commex Technology's current stock price is ₹ 0.25. Commex Technology's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar. 2020 was ₹0.00. Commex Technology's Cyclically Adjusted Price-to-FCF of today is .


Commex Technology Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Commex Technology'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.

Commex Technology Cyclically Adjusted FCF per Share Chart

Commex Technology Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Commex Technology Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 - - - - -

Competitive Comparison of Commex Technology's Cyclically Adjusted FCF per Share

For the Software - Infrastructure subindustry, Commex Technology'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.


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

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

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



Commex Technology 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, Commex Technology's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar. 2020 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Mar. 2020 (Change)*Current CPI (Mar. 2020)
=0.002/124.7051*124.7051
=0.002

Current CPI (Mar. 2020) = 124.7051.

Commex Technology Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201103 -0.819 70.768 -1.443
201203 0.867 76.889 1.406
201303 0.342 85.687 0.498
201403 -0.821 91.425 -1.120
201503 0.092 97.163 0.118
201603 -0.115 102.518 -0.140
201703 -0.120 105.196 -0.142
201803 -1.555 109.786 -1.766
201903 0.000 118.202 0.000
202003 0.002 124.705 0.002

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


Commex Technology  (BOM:532342) 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.


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.


Commex Technology Cyclically Adjusted FCF per Share Related Terms

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


Commex Technology (BOM:532342) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Old Nagardas Road, B-401, Unit No.- 42, 4th Floor, Vasudev Chamber, Opposite Wilson Pen Company, Andheri (East), Mumbai, MH, IND, 400069
Commex Technology Ltd is a technology and consulting service provider. The company is primarily engaged in the provision of software products and solutions to the capital and commodities markets. In addition, the company provides IT consulting services and solutions. Its services include custom application development, application management, package implementation, onsite consultancy, offshore outsourcing and information technology consulting.

Commex Technology (BOM:532342) Headlines

No Headlines