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Autodesk (BSP:A1UT34) Cyclically Adjusted FCF per Share : R$5.56 (As of Jan. 2024)


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What is Autodesk 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.

Autodesk's adjusted free cash flow per share for the three months ended in Jan. 2024 was R$2.402. 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 R$5.56 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Autodesk's average Cyclically Adjusted FCF Growth Rate was 10.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 21.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 7.40% 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 Autodesk was 24.00% per year. The lowest was -9.30% per year. And the median was 8.95% per year.

As of today (2024-05-13), Autodesk's current stock price is R$280.84. Autodesk's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was R$5.56. Autodesk's Cyclically Adjusted Price-to-FCF of today is 50.51.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Autodesk was 133.83. The lowest was 16.48. And the median was 54.99.


Autodesk Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Autodesk'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.

Autodesk Cyclically Adjusted FCF per Share Chart

Autodesk Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.58 4.20 5.10 5.56

Autodesk Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 5.10 5.39 5.20 5.55 5.56

Competitive Comparison of Autodesk's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Autodesk'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.


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

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

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



Autodesk 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, Autodesk's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=2.402/129.4194*129.4194
=2.402

Current CPI (Jan. 2024) = 129.4194.

Autodesk Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.492 100.023 0.637
201407 0.189 100.520 0.243
201410 0.285 100.176 0.368
201501 0.682 98.604 0.895
201504 0.243 99.824 0.315
201507 0.213 100.691 0.274
201510 0.294 100.346 0.379
201601 0.629 99.957 0.814
201604 0.564 100.947 0.723
201607 -0.141 101.524 -0.180
201610 -0.053 101.988 -0.067
201701 0.017 102.456 0.021
201704 0.131 103.167 0.164
201707 -0.329 103.278 -0.412
201710 -0.233 104.070 -0.290
201801 0.249 104.578 0.308
201804 -0.131 105.708 -0.160
201807 0.102 106.324 0.124
201810 0.114 106.695 0.138
201901 1.250 106.200 1.523
201904 0.916 107.818 1.100
201907 0.869 108.250 1.039
201910 1.227 108.577 1.463
202001 3.174 108.841 3.774
202004 1.825 108.173 2.183
202007 0.375 109.318 0.444
202010 2.152 109.861 2.535
202101 3.836 110.364 4.498
202104 1.975 112.673 2.269
202107 1.040 115.183 1.169
202110 1.591 116.696 1.764
202201 4.453 118.619 4.858
202204 2.269 121.978 2.407
202207 1.508 125.002 1.561
202210 2.777 125.734 2.858
202301 5.377 126.223 5.513
202304 4.115 127.992 4.161
202307 0.692 128.974 0.694
202310 -0.012 129.810 -0.012
202401 2.402 129.419 2.402

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


Autodesk  (BSP:A1UT34) 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.

Autodesk's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=280.84/5.56
=50.51

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Autodesk was 133.83. The lowest was 16.48. And the median was 54.99.


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.


Autodesk Cyclically Adjusted FCF per Share Related Terms

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


Autodesk (BSP:A1UT34) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Autodesk Inc (BSP:A1UT34) » Definitions » Cyclically Adjusted FCF per Share
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One Market Street, Suite 400, San Francisco, CA, USA, 94105
Founded in 1982, Autodesk is an application software company that serves industries in architecture, engineering, and construction; product design and manufacturing; and media and entertainment. Autodesk software enables design, modeling, and rendering needs of these industries. The company has over 4 million paid subscribers across 180 countries.

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